Frappuccinos drop in unit sales = 3.87%
Price elasticity for frappuccino = % change in quantity demanded / % change in price
% change in quantity demanded = Price elasticity for frappuccino * % change in price
= 0.6 * 6.45%
= 3.87%.
Frappuccinos are almost always loaded with fat, sugar, and calories, except for the Coffee Light Frappuccino, featured as one of the healthiest Starbucks drinks on this list. All four of Starbucks' unhealthiest drinks are frappuccinos.
Frappuccino is a Starbucks trademarked iced coffee drink. This drink is a coffee or cream base mixed with ice and other ingredients such as flavors, syrups, spices, and whipped cream.
Learn more about Frappuccino at
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Answer:
$0
Explanation:
Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.
Capital assets are used in the business operations to generate more revenues for the company. They are assets with a use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.
Answer:
$7.60
Explanation:
Find PV dividend per year at 14% discount rate;
0.30 / 1.14 = 0.2632
0.50 / 1.14² = 0.3847
0.75 / 1.14³ = 0.5062
1 / (1.14^4) = 0.5921
1.20 / (1.14^5) = 0.6232
Find the PV of the terminal cashflow;
Next, sum up the PVs to find the price of the stock today;
Price = 0.2632 + 0.3847 + 0.5062 + 0.5921 + 0.6232 + 5.2308
= $7.60
Answer:
$119,159
Explanation:
The computation of the quick asset is shown below:
Quick assets = Cash + Marketable securities + Accounts receivable
= $18,105 + $36,753 + $64,301
= $119,159
Only these items i.e cash, marketable securities and the account receivable are shown in the quick assets
Answer:
The correct answer is A. A process cost accounting system is appropriate for similar products that are continuously mass produced.
Explanation:
The system of costs by processes is that by which the production costs are charged to the processes, to the accumulated systems of the production costs, by department or by cost center.
This cost system is ideal for companies such as assembly departments. Even in the financial institution where I worked, the process cost system was also used as a method of calculation and cost allocation.
