<span>Income elasticity is obtained by dividing the percentage change in the quantity demanded of a product with by the percentage change in income. </span>
When income fell by 6 per cent and sales of many fast food restaurants increase by 8 per cent, then the income elasticity for fast food would be:
8/-6 = -1.33
When income fell by 6 percent and sales of soda decreased by 12 percent, then the income elasticity for soda would be
<span>-12/-6=2 </span>
I do lol, they kinds scary yk?
Answer:
B) a loss contingency of $5,400,000 and disclose an additional contingency of up to $3,600,000.
Explanation:
The company should make the loss occur at this accoutning cycle as the current information states it will be a reasonable amount.
It should however make an additional disclosure but not a journal entry for the difference which isn't posted as it may occur and people willing to invest or lend the firm should be aware of these potential loss figures.
Answer: $525,000 loss
Explanation:
2017 taxable and financial loss = $750,000
Pretax financial income :
2015 - $300,000
2016 - $400,000
Assuming white Inc uses the carry back provision;
With tax rate for all affected period being 30%
$750,000 - (30% of $750,000)
$750,000 - (0.3 × $750,000)
$750,000 - $225,000
= $525,000 loss
Answer:
True
Explanation:
The main part of a company is company culture, is basically how a company will beheave and will interact with the society around them, from providers, clients and workers, it is something like the personality of the company, in so Hannah can transfer and teach this culture to her co-workers by setting an example and telling stories that reflect that culture, doing rites and rituals can aslo help teach the company culture, and make the workers embrace that culture and make it their own.
