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Ksivusya [100]
3 years ago
8

A business initially sells their product to customers for $50. They find that many people are buying their product so they rise

the price to $100. Which of the following is a likely response that they will receive from the customers?
Business
1 answer:
pav-90 [236]3 years ago
8 0
Answer: It will reduce in demand

Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price
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During the year,Liptom Company made an entry to write off a $4,000 uncollectible account. Before this entry was made, the balanc
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Answer:

$55,500

Explanation:

The computation of the net realizable value after the write off entry is show below:

The credit balance in allowance with terms to bad debts is

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= $500

Now the net realizable value is

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3 years ago
At the Penalty APR rate of 28.99% and a balance of about $1800, approximately how much interest would you owe in one month?
Gnom [1K]

Answer:

you owe $43.47 in one month

Explanation:

Daily Interest (for one month) = Balance × APR rate × [number of month / Total month in a year]

Daily Interest = $1800 × 28.99% × 1/12

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Suppose Acme Industries correctly estimates its WACC at a given point in time and then uses that same cost of capital to evaluat
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Answer:

the firm will become more reasky as their Weighted-average cost-of-capital will change over time based on market condition but the management wil take project based on obsolete information

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