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insens350 [35]
3 years ago
10

Imagine you get to class early. Eventually, other students arrive, and one student sits down next to you and offers you one of h

is two Cokes. You like Coke, so you take it. A few days later, the same student sits next to you again. This time, you have a bag of Doritos, and you feel you should offer him some, too. This urge you have reflects:
A. the reciprocity norm.
B. the door-in-the-face technique.
C. the foot-in-the-door technique.
D. public compliance.
Business
1 answer:
hammer [34]3 years ago
8 0
A) the reciprocity norm.
I hope this helps
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Income elasticity of demand measures the receptiveness of the quantity demanded for a good or service to a change in income.

It's calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.

Explanation:

Hope this helps!!

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3 years ago
Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,
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Answer:

Basic earning per share = $3.69

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares

Number of ordinary shares = 390,000 × 2 = 780,000 units

Net income                                           2,900,000

Preferred dividend                               <u>  ( 24,000)</u>

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Earnings per shares =   $2,876,000/780,000 units

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5 0
3 years ago
The financial ratio that indicates how efficiently the managers of the organization are collecting the revenue due to the organi
Marysya12 [62]
It is the Days sales outstanding ratio or the DSO ration. It can be computed to estimate the firms' average account receivable. It illustrates on how the firm's receivable will be managed. It is usually determine on an annual, monthly and quarterly basis.
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What is economic planning and its objectives plz help me
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Answer:

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5 0
3 years ago
Presented below are the basic assumptions and principles underlying financial statements. a. Historical cost principle d. Going
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Answer:

1. Periodicity assumption.

2. Going concern assumption.

3. Historical cost principle.

4. Economic entity assumption.

5. Full disclosure principle.

6. Monetary unit assumption.

Explanation:

1. <u><em>Periodicity assumption</em></u>: The economic life of a business can be divided into artificial time periods. It is also known as the Time period assumption.

2. <em><u>Going concern assumption</u></em>: The business will continue in operation long enough to carry out its existing objectives.

3. <em><u>Historical cost principle</u></em>: Assets should be recorded at their acquisition cost.

4. <em><u>Economic entity assumption</u></em>: Economic events can be identified with a particular unit of accountability.

5. <em><u>Full disclosure principle</u></em>: Circumstances and events that could make a difference to financial statement users should be disclosed.

6. <em><u>Monetary unit assumption</u></em>: Only transaction data that can be expressed in terms of money should be included in the accounting records.

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