Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
the breakeven cash inflow for the project is $131474
Explanation:
given data
cost of capital = 10 percent
initial investment = $1,000,000
useful life = 15 year
to find out
the breakeven cash inflow for the project
solution
first we consider here annual cash inflows that is = x
now break even point is the one at which the net present value of the project = 0
so we can say that here
Present value of cash inflows - Present value of cash outflows = 0 .................1
here we know Present value of cash inflows = x × PVAF ( 10%,15 years)
Present value of cash inflows = x × 7.6060
put value in equation 1 we get
x × 7.6060 - $1,000,000 = 0
solve and we get x
x = 
x = $131474
so the breakeven cash inflow for the project is $131474
Answer:
Annual deposit = $1,661.497
Explanation:
This investment scheme been considered is known as sinking funds.
<em>A Sinking Fund involves saving a series of equal amount periodically invested at certain rate of interest to accumulate a target amount in the future.</em>
The amount to be deposited periodically can be determined as follows:
A= FV/ ((1+r)^(n) - 1)/n)
A- annual deposit, FV- future value - $12,500 r- 9%, n- 6
So we can apply this formula as follows:
A = 12,500/ (1.09^(6)-1)/0.09
A = $1,661.497
Answer:
Company Pea
Consolidated financial statements should be prepared to report the financial status and results of operations for:
Essone - 90%
Esstwo = 72% (90% x 80%)
Essthree = 72% (90% x 80% x 100%)
Explanation:
Company Pea is described as the holding or parent company of Company Essone. This means that Essone is Company Pea's subsidiary. In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).
When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.
But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.
Answer:
Selling syndicate members
Explanation:
Selling syndicate members is a term used in business or finance to describes part of a broker-dealers of a municipal bond issue. They are charged with the responsibilities of selling the bonds allotted to them.
From the sales of each bond, the total takedown, including the additional takedown is earned.
Hence, in this situation, the correct answer is Selling Syndicate Members