It can impact your ability to be approved for bank loans.
Answer:
d. .64.
Explanation:
Price elasticity of demand measure the responsiveness of demand against change in the price of given product. It measures the ratio of change in demand to change in price.
Change in demand = ( 2200 - 2000 ) / [ (2200+2000)/2 ] = 200 / 2100 = 0.0952
Change in price = ( 1.25 - 1.45 ) / [ (1.25+1.45)/2 ] = 0.2 / 1.35 = 0.148
Elasticity of Demand = Change in demand / change in price = 0.0952 / 0.148 = 0.643 = 0.64
You should always ponder the opportunity cost when making a
important purchase to make sure you choose making a payment that would be most
beneficial for you. Opportunity Cost refers to the financial opportunity that
is given up because you choose to do something else with your money
Answer:
The correct answer is letter "B": maximize the current value per share of the existing stock.
Explanation:
Financial management collects several strategies to add value to the company in the long-term. This could be achieved by generating revenue sustainably and increasing the value per share of the firm's stock which boosts the value of the overall entity in the market.
<em>One of the most important goals financial management has is to maximize the stakeholders' wealth.</em>
Answer:
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Explanation: