All categories

2 years ago

Impact on Corona virus as one of the socio-economic issues on business

Business

1 answer:

ohaa [14]2 years ago

7 0

Less people going out and purchasing products from business so business goes down

You might be interested in

Aggregate Demand is everything produced while Simple Demand is one good. Which statement reflects Aggregate Demand?

lys-0071 [83]

Calculating real output

8 0

2 years ago

There are four closing entries: The first one is to close ___________________. The second one is to close __________________. Th

arlik [135]

Answer:

Revenues, expenses, income summary, dividend or withdraws account

Explanation:

The closing entries for the following accounts are presented below:

1. Service Revenue A/c Dr XXXXX

To Income Summary XXXXX

(Being revenue account closed)

2. Income summary A/c Dr XXXXX

To Expense A/c XXXXX

(Being expenses accounts are closed)

3. Income summary A/c Dr XXXXX

To Retained earning XXXXX

(Being the difference is credited to retained earning that reflected as a profit)

4. Retained earnings A/c Dr XXXXX

To Dividend A/c XXXXX

(Being dividend account is closed)

8 0

3 years ago

A job candidate is being taken out to dinner by a an interviewer. The interviewer gets to pick therestaurant they will dine (eit

Fofino [41]

Answer and Explanation:

a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.

b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak

C. Strategy

The interviewer:

S = {chain,local}

Job candidate:

S = {(steak, salad} multiplied by {steak, salad}

= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}

5 0

2 years ago

At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha

valkas [14]

Answer:

2.5

Explanation:

P1=$200

P2=$300

S1=100000

S2=300000

The percentage change in price is:

$\Delta P =\frac{300-200}{\frac{200+300}{2}}=0.4=40\%$

The percentage change in supply is:

$\Delta S =\frac{300000-100000}{\frac{100000+300000}{2}}=1=100\%$

The price elasticity of supply is given by:

$E=\frac{\Delta S}{\Delta P}=\frac{100\%}{40\%}=2.5$

The price elasticity of supply is 2.5.

4 0

2 years ago

Calculate the current price of a $1,000 par value bond that has a coupon rate of 6 percent, pays coupon interest annually, has 2

Dovator [93]

Answer: $413.81

Explanation:

Price of a bond = Present value of coupon payments + Present value of face value

Coupon is a constant payment so is an annuity.

Coupon = 6% * 1,000 = $60

Price of bond = Present value of annuity + Present value of face value

= (Coupon * Present value interest factor of annuity (PVIFA), 27 periods, 15%) + (Face value / (1 + rate) ^ number of periods)

= (60 * 6.514) + (1,000 / (1 + 15%)²⁷

= $413.81

8 0

2 years ago

Impact on Corona virus as one of the socio-economic issues on business​

Impact on Corona virus as one of the socio-economic issues on business