It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.
It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.
In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.
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Answer:
The reason to prepare the consolidation worksheet is to maintain the record of what is finally entered in the books to record the transactions in between the holding and subsidiary.
This basically thus, requires the elimination of all the assets and liabilities of the subsidiary, and creation of such assets and liabilities into the balances of the holding(parent) company. In this manner the elimination is necessary to record.
So that there is no error in the form of multiple record of assets and liabilities, or in the form of no record of assets and liabilities of the subsidiary.
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
In the first case,
Future value = $2,050 × (1 + 0.12)^12
= $2,050 × 3.895975993
= $7,986.75
In the second case,
Future value = $8,352 × (1 + 0.10)^6
= $8,352 × 1.771561
= $14,796.08
In the third case,
Future value = $72,355× (1 + 0.11)^13
= $72,355 × 3.883280163
= $280,974.74
In the fourth case,
Future value = $179,796 × (1 + 0.07)^7
= $179,796 × 1.605781476
= $288,713.09
ROI is the answer to this question. ROI or Return of
Investment is when the capital is now gained back and the business computes the
amount of profit during the time the investment was returned. Return of
investment is computed by dividing the benefit of investment over the cost of investment.
