Answer:
A and B both are responsible for this result
Answer:
Results are below
Explanation:
Giving the following information:
Sales are 80% cash and 20% on account.
Sales:
May= $500,000
June= $680,000
July= $720,000
Cash collection June:
Cash collection from May= (500,000*0.2)= 100,000
Cash collection June= (680,000*0.8)= 544,000
Cash collection June= $644,000
Cash collection July:
Cash collection from June= (680,000*0.2)= 136,000
Cash collection July= (720,000*0.8)= 576,000
Cash collection July= $712,000
Answer:Price elasticity of demand = -0.05
Explanation:
Price elasticity of demand using the midpoint method= 
where Q =Quantity demanded
P = Price
Price elasticity of demand = (
= 
0.025/ -0.05 = -0.05
Price elasticity of demand = -0.05
The Price elasticity of demand tells us how much quantity demanded changes in response to a change in price. Here the Demand for a good is inelastic because the PED coefficient is less than one -0.05
Answer:
EV(1) = max(46.8, 44.4, 53.6) = 53.6m
Explanation:
Diagram is shown in the attached file
EV(5) =max(42, 48) = 48m
EV(6) =max(46, 50) = 50m
EV(2) =0.20(42) + 0.80(48) = 46.8m
EV(3) =0.20(22) + 0.80(50) = 44.4m
EV(4) =0.20(-20) + 0.80(72) = 53.6m
EV(1) =max(46.8, 44.4, 53.6) = 53.6m
Answer: Federal aid
Explanation:
Federal aid helps students with the cost of tuition for everyone. It allows for students to keep out of major debt.