A consumer is a person or business who deals regularly in the sale of

Indicate in which financial statement each item would most likely appear: income statement (I), balance sheet (B), statement of

kherson [118]

Answer:

Assets (B)

Cash from operating activities (CF)

Dividends (E)

Equipment (B)

Expenses (I)

Liabilities (B)

Net decrease (or increase) in cash (CF)

Revenues (I)

Total liabilities and equity (I)

Explanation:

The balance sheet shows the assets, liabilities and equity of an entity as at a given date.

The income statement shows the revenue and expenses of the entity for the period ended while the statement of retained earnings shows the movements within the retained earnings account during the review period.

The statements of cashflow shows the net flow of cash from the company's activities namely; Operating, investing and financing activities.

4 0

3 years ago

A bakery works out a demand function for its chocolate chip cookies and finds it to be q = D(x)= 760-13x, where q is the quanti

Reika [66]

Answer:

Please refer to the below for explanation.

Explanation:

From the above, the demand function is given as ;

D(x)=760-13x

a) Find the elasticity

It means finding the derivative of the function

D'(X)=-13, hence elasticity is expressed as

xD'(x) / D'(x)

= x(-13) / 760 - 13x

= 13x / 760 - 13x

The elasticity expression is thus ; E(x)= 13x / 760 - 13x

b) At what price is the elasticity demand equal to 1.

The above means that E(X) = 1

Putting 1 for E(X) in the elasticity equation,

E(x) = 13x / 760 - 13x

1 = 13x / 760 - 13x

When you cross multiply, you'll have

760 - 13x = 13x

Collecting like terms, you'll have

760 = 13x + 13x

760 = 26x

Dividing both sides by 26, you'll have

x = 760 /26

x = 29.23

It means that the elasticity at the price of demand = 1 is 29.23

c) At what price is the elasticity of demand elastic.

The above means that E(X) > 1

Thus;

13x / 760 - 13x > 1

When you cross multiply, you'll have

13x > 760 - 13x

Collecting like terms, you'll have

13x + 13x > 760

26x > 760

Dividing both sides by 26, you'll have

x > 760/26

x > 29.23

It means that the elasticity of demand is elastic at x > 29.23

d) At what price is the elasticity of demand inelastic

The above means that E(X) < 1

Hence;

13x / 760 - 13x < 1

When you cross multiply, you'll have

13x < 760 - 13x

Collecting like terms, you'll have

13x + 13x < 76

26x < 760

Dividing both sides by 26, you'll have

x < 760/26

x < 29.23

It means that the elasticity of demand is inelastic at x < 29.23

7 0

3 years ago

Norbert Company reports the following net cash in its statement of cash flows: net inflow from operating activities: $200; net o

masha68 [24]

Answer:

$190

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

Given,

Net inflow from operating activities (A) = $200

Net outflow from investing activities (B) = ($220)

Net inflow from financing activities (C) = $130

Cash at beginning of year = $80

Now,

Net increase/decrease in cash = (A) + (B) + (C)

Net increase/decrease in cash = $200 + ($220) + $130

Net increase/decrease in cash = $110

Cash at the end of year = Net increase/decrease in cash + Cash at beginning of year

Cash at the end of year = $110 + $80

Cash at the end of year = $190

Cash flow statement has been attached below:

5 0

3 years ago

What is the overall change in cash resulting from: $248 increase in inventories, $186 increase in accounts payable, $139 decreas

solniwko [45]

Answer:

An increase of $54

Explanation:

Any increase in current assets will decrease in cash. On the other hand, any decrease in current assets will increase cash balance.

Inversely, any increase in current liabilities will increase cash and any decrease in current liabilities will decrease cash balance of the period.

Increase in inventories ($248)

Increase in accounts payable $186

Decrease in accounts receivable $139

Decrease in other current asset $61

Decrease in other current liabilities ($84)

Total change $54 - an increase in cash

3 0

3 years ago

Consider two perfectly negatively correlated risky securities, A and B. Security A has an expected rate of return of 16% and a s

alex41 [277]

Answer:

40%

Explanation:

Here, We have two perfectly negatively correlated risky securities.

So, the minimum variance portfolio will be the portfolio with zero variance.

so, x(A)=σ(B)/(σA)+σ(B)) and x(B)=σ(A)/(σ(A)+σ(B))

therefore, x(B)=20/(20+30)

x(B)=20/50

x(B)=2/5 = 40%

8 0

3 years ago