Answer:
20,000
Explanation:
that's the answer thank you and stay safe and take care!!!
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 30% in the month following the sale.
Cash collection:
Cash= 320,000*0,25= 80,000
Account= (320,000*0.75)*0.7= 168,000
From September= (250,000*0.75)*0.3= 56,250
Total= $304,250
Answer:
2) the demand for cigarettes was inelastic in the short run, but elastic in the long run.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is inelastic if quantity demanded shows little or no sensitivity to changes in price.
Demand is elastic if a small change in price leads to a greater change in quantity demanded.
If the government taxes cigarettes, they become more expensive. In the short run, consumers do not have enough time to search for suitable substitutes for cigarettes. As a result, they continue purchasing the cigarettes despite the increase in price. Thus, demand is inelastic.
But over time, consumers would be able to find substitutes for cigarettes, as result they would reduce their demand for cigarettes. At this point demand is elastic. As a result of the fall in demand for cigarettes, the revenue the government earns from taxing cigarettes would fall.
I hope my answer helps you
Democratic Leadership or perhaps Meritocracy
Answer:
d) higher than the market rate of interest
Explanation:
Hope this helps you :)
