16% and gift wrap sellers total revenue will decrease. Elasticity of demand is a significant variation on the concept of demand. Elastic, inelastic, or unitary demand can be classified. An elastic demand is one in which the change in quantity demanded as a result of a price change is large.
When the change in price is relatively small as compared to change in quantity demanded, the demand is said to be inelastic. Close substitutes for a product influence demand elasticity.
If consumers can easily substitute another product for your product, they will quickly switch to the other product if the price of your product rises or the price of the other product falls.
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Answer:
$22,640
The explanation is shown below:-
Explanation:
The computation of cash flow from operating activities using the direct method is shown below:-
Direct method
Pizza International, Inc.
Statement of cash inflow
Cash flow from operating expenses
Cash received from customers $143,777
($143,951 - $174)
Cash Paid
To suppliers ($53,773)
($45,700 - $651 + $8,724)
To salaries and wages ($56,855)
For office expenses ($7,730)
($7,785 + $668 - $723)
For income tax expenses ($2,779)
($50 + $2,729)
Net cash inflow from operating
activities $22,640
It is mainly due to no depreciation expenses for cash products. Depreciation expenses do not contribute to cash outflows. Because of which company has reported large cash inflow from operations compared to near net loss.
Answer:
A) <u>is a fixed cost of operating the tattoo parlor.</u><u> </u>
Explanation:
Fixed costs refer to those costs which do not change irrespective of the level of output. An example of fixed cost would be rent of the factory building which will be paid irrespective of the level of production.
In the given case, the person in question quit his job for operating an existing tattoo parlor against monthly payment of $4000. Since the amount of payment has been fixed and such payment is not dependent upon any other variable, such cost shall be classified as a fixed cost of operating the tattoo parlor.
Finance is accountable for documentation of mutual useful resource agreements.
<h3>What's finance means?</h3>
Finance, of financing, is the system of elevating money or capital for any form of expenditure.
It is the technique of channeling a range of cash in the shape of credit, loans, or invested capital to those financial entities that most want them or can put them to the most productive use.
<h3>What is finance in banking sector?</h3>
The monetary area is a segment of the economy composed of businesses and establishments that grant commercial and retail customers with monetary services.
A massive element of this sector produces loan and mortgage income, which will increase the value as activity charges decline.
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When the federal reserve conducts open-market operations to increase the money supply, it buys or sells government bonds. The money supply increases when buys bonds and decreases when sells bonds.
An open market operation is an example of monetary policy. Monetary policy are the policies undertaken by a country's central bank in order to affect the level of aggregate demand in the economy.
An open market operation is the sale or purchase of government bonds. When the Fed sells bonds, its is known as an expansionary monetary policy because it increases the supply of money in the economy. On the other hand, when the Fed buys bonds, it is known as a contractionary monetary policy because it decreases the supply of money in the economy.
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