i will say its c since it come close and touches thats one
Answer:
Company A and Company B
Determination of annual revenue:
a) The information needed to determine which company has higher annual revenue include:
i) The annual quantities of packs of paper coffee cups sold to the Caribou Coffee locations in the US for a number of years.
ii) The annual quantities of dinner plates sold to Applebee's for the same years as above.
b) The annual revenues can be calculated by multiplying the price for a pack of 100 cups by the annual quantity sold.
Explanation:
Revenue is a function of price and quantity sold. The price is unit selling price and the quantity depends on the period for which revenue is being computed.
Revenue is the earnings from the sale of goods and services. The excess of revenue over cost of sales gives the gross profit, from which expenses would be deducted to arrive at net income after adding other incomes from non-operational activities.
Answer:
Stratified random sampling.
Explanation:
Startified random sampling is one that divides the total population into subpopulations and analysis of each subpopulation is done to measure variations between them.
Each subpopulation is adequately represented in the whole sample used for study. For example when a population bis divide based on age into 18-30 years, 31-50 years, and 51 years and above.
The researcher divides all the current students into groups based on their class standing (freshman, sophomores, etc.). Then, she randomly draws a sample of 50 students from each of these groups to create a representative sample of the entire student body in the school.
This is use of stratified random sampling.
Answer:
B) unitary elastic.
Explanation:
Elastic demand describes how sensitive the demand for a product is to changes in prices. A good or service whose demand changes as a result of a change in price is said to be price elastic. When a product does not react to price changes, it is said to be price inelastic.
Unitary elastic demand is when a change in price results in a propositional change in demand in the opposite direction. A percentage change in price causes a similar percentage change in demand. An increase in price leads to a decrease in demand by the same degree, while a reduction in price will result in a proportionate increase in demand.
Answer:
Cost
Explanation:
The principle states that an asset would be recorded in the balance sheet at the value of its purchase price irrespective of the time it had been held; the principle encourages reliability in prices.
An example is when a company purchased a piece of land in 2000 for $3,000. After 10 years later, the company is still in business and on its balance sheet the value is recorded as $3,000 even though the current fair market value of the land is far greater than $3,000. This is a case of historical cost principle.
