Answer:
C
Explanation:
Compare the prices. You can tell which item cost less per unit and is the best deal.
Answer:
the size of the market on a p e x
Explanation:
Answer: Conformity
Explanation: Ethics trap refers to the situation in which an individual finds difficult to assess what is morally correct for him or her and what is not.
Conformity refers to the ability of an individual to match the customs and beliefs of a group to mingle with that particular group.
In the given case, Jamal has been working in the company where all the members have been cheating on their accounts except for him. This urges Jamal to do the same for being a part of group.
Hence we can conclude that the correct option is C.
Answer:
net flow from operating activity is = $3503000
Explanation:
given data
net income = $3.3 million
Depreciation = $161,700
accounts receivable = $322,100
accounts payable = $280,800
to find our
net cash provided by operating activities using the indirect approach
solution
cash flow statement as per indirect method is as
particular amount
net income $3300000
adjustment to reconcile net income to
net cash provide operation activity $203000
net flow from operating activity $3503000
adjustment to reconcile net income = depreciate expense + accounts receivable - account payable
= $161700 + $32100 - $280800
= $203000
and
net flow from operating activity is = net income + adjustment to reconcile net income to net cash provide operation activity
net flow from operating activity is = $3300000 + $203000
net flow from operating activity is = $3503000
Answer:
- 0.80
Explanation:
Price elasticity of demand describes the extent to which the quantity demanded of good X changes as result of a change in its own price.
The midpoint formula for price elasticity of demand is presented and used as follows:
Percentage change in quantity = %ΔQ = [Q2 - Q1] / [(Q2 + Q1) ÷ 2] × 100
Percentage change in quantity = %ΔP = [P2 - P1] / [(P2 + P1) ÷ 2] × 100
Midpoint price elasticity of demand = %ΔQ / %ΔP
Where:
Q2 = New quantity of good X = 150
Q1 = Initial quantity of good X = 100
P2 = New price of good X = $6
P1 = Initial price of good X = $10
Therefore,
Percentage change in quantity = %ΔQ = [150 - 100] / [(150 + 100) ÷ 2] × 100
= [50/(250 ÷ 2)] × 100
= (50/125) × 100
= 40.00%
Percentage change in quantity = %ΔP = [$6 - $10] / [($6 + $10) ÷ 2] × 100
= [-$4/($16 ÷ $2)] × 100
= (-$4/$8) × 100
= - 50.00%
Price elasticity of demand = 40% / 50% = - 0.80
The elasticity of demand of -0.80 less than 1. That indicate that the quantity demand is inelastic. That is the change in the degree of change in the quantity demanded of good X is lower than the degree of change in its price.
