Answer:
Companies' cash positions would decline.
Explanation:
A cash position is the amount of cash that a company has on its books at a specific time.
Answer: $6,600
Explanation: According to the question, The price elasticity of demand for cars is unitary meaning that any percentage increase or decrease in price of a product will give an equal increase or decrease in the demand for the product.
If cars are sold at $20,000 and current sales is 30 units. To increase the quantity sold to 50 units, there must be a price reduction.
what percentage of increase in quantity to be sold do we have? 50 - 30 = 20
20/30 = 66.67 appx 67%
Meaning that a 67% decrease in price of the car will give an equal 67% increase in sales quantity.
The new price of the car will be $20,000 * 67% = $13,400
new price = $20,000 - $13,400 = $6,600
When survivors or beneficiaries receive a set sum of money from insurance, it is from a life insurance policy. Many people pay into a life insurance policy for numerous years to leave money for their families future. There are several types of life insurance that can be purchased such as term life and permanent life insurance.
Answer:
Option D. The accountant was a member of a professional organization.
Explanation:
The reason is that for a successful claim under the negligence act, the claimant have to prove following three things:
- Duty of care existed between the relation
- She has suffered economic harm &
- The harm was proximately caused by the accountant's breach of the duty of care.
So the accountant's membership is not a valid requirement under the negligence act for a successful claim.
Some of the challenges of an online business include
- Lack of personal touch
- Delivery time
- Security issues
- Competition
- Finding the right market etc.
<h3>What are technical challenges associated with online business?</h3>
The major technical challenge that businesses face is how to ensure their business can stand out from the crowd online. The business also faced Identity Fraud and Maintaining of Authenticity.
<h3>What are the non-technical challenges?</h3>
The major non-technical challenges that that businesses face are lack of capital, uncertainty about the future, technology innovation etc.
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