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3 years ago

What does WMT mean in the stock market?

Business

1 answer:

iris [78.8K]3 years ago

8 0

Answer:

World Trade Market

Explanation:

WTM means the world trade market. It is the market at which everyone trades their stocks.

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What does the regulation discussed in this section protect?

PtichkaEL [24]

Answer: May you give more details? It’s really hard to explain without no details.

Explanation:

4 0

3 years ago

Consider the market for a breakfast cereal. The cereal's price is initially $3.003.00 and 7070 thousand boxes are demanded per

arlik [135]

Answer:

0.539

Explanation:

Price elasticity of demand measure the responsiveness of demand against the change in price of the product. It shows how much demand changes if there is the change in price.

Under mid-point method the price elasticity can be calculated as follow

where

S = Quantity

P = Price

Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]

Change in Quantity = ( 6,060 - 7,070 ) / [ ( 6,060 + 7,070 )/2 ]

Change in Quantity = -1,010 / 6,565

Change in Quantity = -0.153846

Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]

Change in price = ( $4,004 - $3,003 ) / [ ( $4,004 + $3,003 )/2 ]

Change in price = $1,001 / $3,503.5

Change in price = 0.285714

Elasticity of Supply = Change in Quantity / Change in Price

Elasticity of Supply = -0.153846 / 0.285714 = -0.5385

Elasticity of Supply = -0.539

3 0

2 years ago

Yeats Corporation's sales in Year 1 were $396,000 and in Year 2 were $380,000. Using Year 1 as the base year, the percent change

Ahat [919]

Answer:

Yeats Corporation

The percent change for Year 2 compared to the base year is -4.04%

Explanation:

a) Calculations:

Year 1 Sales = $396,000

Year 2 Sales = $380,000

Reduction = $16,000

Percentage reduction = $16,000/$396,000 x 100 = 4.04%

This is a reduction, and it is negative.

b) The change in sales is calculated as the difference between year 1 and year 2 sales over the sales in year 1 multiplied by 100. This is expressed as a percentage by the multiplication by 100. The percent change describes the relationship between the sales figure in year 1 and the sales figure in 2. When calculated as above, it shows that sales reduced in year 2 by 4.04% from the sales in year 1.

3 0

2 years ago

In its first month of operations, Cheyenne Corp. made three purchases of merchandise in the following sequence: (1) 185 units at

Dimas [21]

Answer:

a. $1,375

b. $1,240

Explanation:

FIFO method

FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on earlier purchases

Inventory = 185 x $5 + 75 x $6

= $1,375

LIFO method

LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases

Inventory = 130 x $7 + 55 x $6

= $1,240

7 0

3 years ago

The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow:

Alisiya [41]

Answer:

Zenith Travel Service

Statement of Owner's Equity for the year ended August 31, 20Y4:

Capital as of September 1, 20Y3 = $456,000

Additional investment 43,200

Retained Earnings (8,400)

Drawings (21,600)

Capital as of August 31, 20Y4 $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawal = $21,600

Income Statement for the year ended August 31, 20Y4:

Fees earned $899,600

Office expense 353,800

Miscellaneous expense 14,400

Wages expense 539,800 908,000

Net income/Retained earnings ($8,400)

b) Zenith's statement of owner's equity is a financial statement that reports the changes in the equity section of Zenith's balance sheet during the year ended August 31, 20Y4. In other words, it reports the events that increased or decreased Megan Cox's equity over the course of the year from September 1, 20Y3 to August 31, 20Y4.

8 0

3 years ago