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Anna35 [415]
3 years ago
10

cynthia is interested investing in clothing unlimited inc. which attribute from stock quote can cynthia use to determine how the

stock has performed over the past yr?​
Business
1 answer:
ser-zykov [4K]3 years ago
8 0

There are many significant things to keep in mind when checking for stock's performance.

Explanation:

One of the more important parameters of the performance of a stock is to <u>look at its Total returns.</u>

While a company may be showing good returns at first, you must consider returns from the date of start of investment to the present to see if it has been constantly profitable or not.

If it has, there is a high chance that it will be less volatile and profit you too.

<u>Compare the return of the company to other market trend and its own peers</u>.

Then finally s<u>he can see the competitors and how they have fared in a stock quote.</u>

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Jim saw a decrease in the quantity demanded for his firm's product from 8000 to 6000 units a week when he raised the price of th
Vadim26 [7]

Answer:

The answer is A.

Explanation:

If a a product is price elastic that means it is sensitive to price. If there is an increase in price, the quantity demanded of that product will drop and if there is a decrease in price, the quantity demanded of that product will rise. Price elasticity has a value greater than one.

Because the price rose from $200 to $250, quantity demanded fell from 8000 units to 6,000 units.

If it were to be inelastic, the quantity demanded will not change or will change with very little percentage.

3 0
3 years ago
The following selected transactions relate to liabilities of Food Emporium whose fiscal year ends on December 31.
Kaylis [27]

Answer: Please see explanatory column for answer.

Explanation:

No Journal entry

Date         Amount and explanation                    Debit      Credit

Jan 26            No entry                                           No entry

Reason: this is because even though an agreement was reached in the negotiation,no transaction took place.

Journal to record loan from City Bank

Date         Amount and explanation                    Debit            Credit

March 1    Cash                                                   $350,000

            Notes payable                                                              $350,000

Journal to record payment of  loan with interest  from City Bank from March - September.

Date         Amount and explanation                    Debit            Credit

September 1   Notes payable                            $350,000

                      Interest Expense                           $14,000

                         Cash                                                                   $364,000

calculation: Interest = PxRXT= 350,000 X 8% X 6/12= $14,000

8 0
3 years ago
The government in Chile recently informed Clint Travis' company that his retail grocery chain in Chile would have to be graduall
loris [4]

Answer:C. Expropriation

Explanation:

It's the taken over of private property by a sovering government for the nation or citizen benefits.

7 0
3 years ago
Quiznos revolutionized the sub sandwich business by introducing "oven roasted" versions of popular sandwiches through a process
kakasveta [241]

Answer:

No

Explanation:

No, Quiznos was able to rise in popularity due to their "oven-roasted" sandwich versions which gave them a competitive advantage, but it is not a sustainable one. Other companies will begin to implement the same strategy/design into their franchises which will take that competitive advantage away from Quiznos. At that point, Quiznos will need to implement a new strategy or idea in order to gain another competitive advantage and increase sales.

6 0
3 years ago
Q 8.8: What is the effect of the collection of an account that had been previously written off under the allowance method of acc
lisov135 [29]

Answer:

The answer is: A : It will increase income in the period it is collected.

Explanation:

Under the allowance method, the company estimates bad debt expenses. So any bad debt written off will affect only the balance sheet by:

  • Dr Allowance for doubtful accounts
  • Cr Accounts receivable

If unexpectedly your client decides to pay their debt, this should be recorded as:

  • Dr Accounts receivable
  • Cr Allowance for doubtful accounts

and then the payment should be recorded increasing the income for the current period:

  • Dr Cash
  • Cr Accounts receivable

7 0
3 years ago
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