Answer: the cross-price of elasticity of demand for chocolate syrup with respect to the price of milk would be :
e = % ΔQ chocolate syrup / %ΔP of milk
e = -4% / 2%
e = -2 %
Explanation:
Answer:
Indicates how many times the receivables were converted into cash during the year.
Explanation:
Accounts receivables turnover ratio or Debtor Turnover Ratio(DTR) depicts the number of times a business's receivables are converted into cash within a period.
The ratio is computed as follows:
wherein, Average Accounts Receivables =
wherein, Op. = Opening
Cl. = Closing
The ratio depicts how often a firm receives the money due from it's debtors during a period and represents how frequently debtors make payments, represented by average collection period which is computed as follows:
=
Answer: i don’t remember this that well but i think u have to add the two numbers
Explanation:
Answer:
a. Product X = 3.50 years
Product Y = 3.25 years
b. Product Y
Explanation:
The cash flows for the two products as well as the balance at the end of each year is given as follows:
For both products, the payback period is reached between the third and fourth year.
Product X:
Product Y:
Under the payback method, the alternative that presents the shortest payback period should be selected. Therefore, Product Y should be selected.
Answer:
Skylar wants to pay off her college student loans within five years and Lukas wants to earn at least $40,000 per year.