Answer:
elastic.
Explanation:
The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.
Answer:
D Temporary differences reverse themselves in subsequent accounting periods, whereas permanent differences do not reverse.
Answer:
Operating is the correct answer.
Explanation:
Answer:
Inventory Turnover
Explanation:
This is an example of inventory turn over ratio.
By definition an inventory turnover ratio measures the number of times the the company has sold and replaced the inventory.
It is calculated by the following formula,
Inventory Turnover = Cost of goods sold / Average inventory.
All the other options are irrelevant in context with the definition provided.
Hope that helps.
