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lisov135 [29]
3 years ago
15

Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.

Business
1 answer:
Strike441 [17]3 years ago
6 0

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

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If a family spends its entire budget in a given time frame, the family can afford either 90 cans of soup or 60 frozen dinners. A
g100num [7]

Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

8 0
4 years ago
Mr. Fitzgerald is selling his home to permanently move into a retirement facility near his daughter in a neighboring state befor
matrenka [14]

Answer:b.

Because he is moving outside of the service area, the plan must automatically disenroll him. He will have a special election period to select a new plan.

Explanation:

3 0
2 years ago
Read 2 more answers
Roley Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts.
Zepler [3.9K]

Answer:Please  see answers in explanation column

Explanation:

1A)To record amount payable for purchase of goods

Date Account Title                   Debit                  Credit

July 1 Purchase                  $60,000  

         Accounts Payable                                 $60,000

 Freight in                                 $1,200  

                   Cash                                                         $1,200

B)To record amount on damaged goods

Date Account Title                   Debit                              Credit  

July 3 Accounts Payable           $6,000  

             Return of Purchase                               $6,000

C)Journal to record payment of goods

Date Account Title                   Debit                  Credit  

July 10 Accounts Payable    $54,000  

Purchase Discount  $1,080

Cash   $52,920

Calculations

Accounts payable Purchased  Price - price of returned goods = 60000-6000 = $54,000

Discount on Purchases if paid within 10 days = 2% x $54,000 = $1,080

3 0
3 years ago
Simple Interest:
Naddik [55]

Option answer:

c. Interest = $54 and Balance = $1254

Answer:

A = $1,254.00

I = A - P = $54.00

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 3%/100 = 0.03 per year.

Solving our equation:

A = 1200(1 + (0.03 × 1.5)) = 1254

A = $1,254.00

The total amount accrued, principal plus interest, from simple interest on a principal of $1,200.00 at a rate of 3% per year for 1.5 years is $1,254.00.

6 0
2 years ago
In which stage of the product life cycle will promotional expenditures be significantly high in an attempt to create consumer aw
Ghella [55]

Introduction Stage of the product life cycle will promotional expenditures be significantly high in an attempt to create consumer awareness of a product and its features.

Explanation:

We buy millions of goods every year as customers. And these goods have a life cycle just as we do.

The process of life of the product has 4 stages, each of which has specific characteristics, which mean different for the organisation trying to handle the life cycle of its individual products.

Introduction Stage : This stage of the cycle could make the company announcing a new product the most expensive. The item's market size is too small, which means that sales are weak, but they will be rise.

Growth Stage: The growth phase usually features a significant increase in sales and earnings, which will boost the gross margin as well as the general profit ratio as the enterprise will continue to benefit from economy of scale in manufacturing.

Maturity Stage: The product will now be developed during the maturity stage, and the manufacturer's goal will now be to maintain their market share.

Decline Stage: Ultimately, a commodity demand may continue to decrease, and this is known as the period of decrease.

3 0
4 years ago
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