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Sergio039 [100]
3 years ago
14

Which of the following statements about price stickiness or flexibility is true? Multiple Choice Prices of many raw materials ar

e only slightly more flexible than the prices of final goods and services. Prices of many raw materials are much more flexible than the prices of final goods and services. Prices of many raw materials are less flexible than the prices of final goods and services.
Business
1 answer:
vodomira [7]3 years ago
8 0

Answer:

The correct answer is: Prices of many raw materials are much more flexible than the prices of final goods and services.

Explanation:

Price stickiness implies that the price of products does not change with changes in demand or supply. There are several reasons for the price rigidity of goods. It is the resistance to the price of products to change when there is a change in the cost of production.

The price of inputs or raw materials is generally more flexible than the price of products. This is because of several reasons. There are menu costs involved in the changing price of products. The wages are generally rigid and do not change in the short term. This makes the price of the product rigid as it must cover all costs of production including wages.

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Presented below is information for Headland Company.
OlgaM077 [116]

Answer and Explanation:

The computation is shown below:

For account receivable turnover ratio

Accounts Receivable Turnover is

= Sales ÷ Average Receivables

Beginning Accounts Receivable  $21,400

Add: Sales                                 $105,300

Less: Cash Receipts                $81,300

Ending Accounts Receivable   $45,400

Now

Accounts Receivable Turnover is

= $105,300 ÷ ($21,400 + $45,400) ÷ 2

= 3.15 times

Now days to sell is  

= 365 ÷ 3.15 times

=116 days

5 0
3 years ago
If both the production of goods and services increase and prices rise, then the change in nominal GDP
IceJOKER [234]
The answer is B. accurately reflect the change in production.
5 0
3 years ago
Llcs are mainly capitalized via _______ or through the sale of _______ ownership in the llc itself. (choose two correct answers)
Aleksandr [31]

Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.

What is Equity?

Equity is the sum of money invested in or owned by a company's owner. The difference between a firm's obligations and assets on its balance sheet indicates how much equity the company has. The equity value is calculated using the share price or a value established by valuation specialists or investors.

Therefore,

Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.

To learn more about equity from the given link:

brainly.com/question/1957305

6 0
2 years ago
Suppose that you go to a bank at which you have no account, give the bank cash, and in return obtain a check drawn against that
igomit [66]

Answer:

Cashier's check.

Explanation:

These checks are said to be quaranteed and issued in the bank by the banking institute. It contains the name of the receiver receipiant which has been inscribed in the check by the banking institute or credit union attached to the receiver also with the amount of money written on it. This amount written on it is known to be the withdrawable amount.

The cashier's check can be sent out in form of a letter, fax or even a mail to the intended persons or organisation making the withdrawal.

Here, monies which are been orders are easily secured by use of a cashier’s checks.

3 0
4 years ago
The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will continue to do this for anot
kiruha [24]

Answer:

<u>Share of this stock worth today if the required rate of return is 7.6 percent is $3.59</u>

Explanation:

stock worth today = 2/1.076 + 2/1.076^2

stock worth today = $ 3.59

4 0
3 years ago
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