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chubhunter [2.5K]
3 years ago
13

A letter from Coulton Engineering Company dated September 12 is to be filed in the Coulton file. How should you arrange it in th

at file?        A. Alphabetically   B. By date with the latest date in the back of the folder   C. By date with the latest date in the front of the folder   D. Numerically by invoice number
Business
1 answer:
ArbitrLikvidat [17]3 years ago
4 0
<span>C. By date with the latest date in the front of the folder </span>
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No formal steps are necessary to create a sole proprietorship. True or false?
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Answer:

True

Explanation:

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Suki health foods has 19,000 shares of $5 par common stock outstanding, which were issued at $12 per share. suki also has a defi
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We can calculate for the total stockholders’ equity by using the formula:

Total stockholders’ equity = Number of Shares * Price per Share – Deficit Balance

Substituting our given values:

Total stockholders’ equity = 19,000 shares * ($12 / share) - $75,000

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3 years ago
When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti
olga55 [171]

Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A

Explanation:

The following can be deduced form the question:

P1 = $50

P2 = $70

Q1 = 500 units

Q2 = 400 units

Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100

Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100

% change in quantity = (400 - 500)/(400 + 500)/2 × 100

= -100/450 × 100

= -22.22%

% change on price = (70 - 50)/(70 + 50)/2 × 100

= 20/60 × 100

= 33

Price elasticity of demand = % change in quantity / % change on price

= -22.22 / 33

= -0.67

This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.

Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A

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Classified ads in newspapers
ZanzabumX [31]

A.are a good source of referrals.

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In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 650 uni
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Answer: Average unit cost=$5.800 per unit

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Explanation:

Average unit cost

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Third Purchase=    850 units x $7 = $5,950

Total Cost =                                     $13,050

Average unit cost = Total cost/ number of units =13,050/(650+750+850)= 13,050/2250= $5.8 per unit

Cost of Ending inventory = 550 unts at hand x $5.8 =$3,190

(using the average cost method)

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