Answer:
The answer is: C) 2.5 and producers are very responsive to the price change.
Explanation:
The price elasticity of supply refers to what percentage does the quantity supplied change when the price of the good changes in 1%. It is calculated using the following formula:
- price elasticity = % change in quantity supplied / % change in price
Price elasticity of supply of tablets = 20% / 8% = 2.5
For every 1% that the price increases, the quantity supplied will increase by 2.5%.
Since PES > 1, the supply is very price elastic.
Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay
Explanation:
A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.
We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.
Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".
Answer:
$0
Explanation:
The shares that are donated is treated as the treasury shares. The treasury stock and the gain or the revneue account rise the stock market value. If there is an increase in the treasury stock so it reduced the stockholder equity but on the other hand the gain or revenue increase the owner equity
So overall there is no net effect
hence, the amount should be $0
Answer:
The correct answer is c. Amount of net income retained in the business.
Explanation:
In any administration of a company, financial information is important and necessary as it is the basis for a good decision, so that the decision taken is sufficient and timely for executives. Financial management is the information that accounting accounts because it is essential for the decision making of the company.
The financial analysis aims to obtain conclusions about the future of the development of the company's activity, on which it is based on all the information presented in the financial statement and requires an analytical ability.
The need for this information ensures that the financial statements are made, since with the financial statements, the financial situation, results of operations and changes in the company's situation are expressed.
The importance of the financial information of a company, formulates the conclusions and information of the entity, of how it is. With this information in general, the future of the company can be evaluated and decisions made, with which the company benefits.
Answer:
The correct answer is: increase.
Explanation:
Unemployment is the state in which a person does not have a job and is not currently looking for one. It is also defined as the state in which a person who is actively searching for employment is unable to find work. The most frequently sided measure of unemployment is the Unemployment Rate. This is the number of unemployed people divided by the number of people in the labor force.
Thus, if more people become discouraged by not finding a job and they stop searching, the <em>Unemployment Rate is likely to increase</em>.
