Answer:
Price elasticity of demand is a measure of the change in the quantity purchased of a product in relation to a change in its price.
Explanation:
Answer:
1. The act of reducing taxes by deliberately understating income or overstating deductions is called ______
Tax evasion
2. Leaving the tip earnings out of her income on her tax returns is
Tax evasion
Explanation:
Tax evasion is deliberate reduction of gross income either by excluding, understating, omitting income, or overstating deductions. It is not legal. Tax avoidance is managing taxable income by effective tax planning (e.g. through investments, insurance, etc.) so that less tax is paid. It is legal and allowed.
After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
<h3>How to determine the
segmentation of variables</h3>
Segmentation of variables is defined as the characteristics of people that are used to determine their similarity.
Some of the important steps needed for the target market are:
- Step 1: Identification of the appropriate targeting strategy.
- Step 2: Determination of the segmentation Variables to Use.
- Step 3: Development of market Segment Profiles.
- Step 4: Evaluation of the relevant Market Segments.
- Step 5: Selection of the specific Target Markets.
Based on the listed test, we can conclude that after an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
Learn more on market Segment Profiles here: brainly.com/question/2889076
Answer:
$262,900
Explanation:
Net purchases = Purchases - Purchase return and allowances
Net purchases = 269500 - 14500
Net purchases = $255000
Cost of goods available for sale = Beginning Inventory + Net Purchases
Cost of goods available for sale = 45300 + 255000
Cost of goods available for sale = $300300
Cost of Goods sold = Cost of goods available for sale - Ending inventory
Cost of Goods sold = 300300 - 37400
Cost of Goods sold = $262,900
So, Coronado's cost of goods sold under a periodic inventory system is $262,900.
Answer:
$458,822
Explanation:
The formula to compute the future value is shown below:
Future value = Amount (1+i)^n -1 ÷ i)
where,
Interest rate = 8% ÷ 12 months = 0.6666%
And, the number of months = 35 years × 12 months = 420
Now put this value to the above formula
F = $100 × (1 + 0.6666%)^420 - 1 ÷ 0.6666%
After solving this,
the answer would be $458,822