Answer:
The markup calculated as a result of information about the elasticity of demand
Explanation:
As a monopoly seller of pharmaceutical products the price set as markup would be above our marginal cost.
There are three facts about markup:
1. The Markup is not to be a price below marginal cost of the pharmaceutical product.
2. Markup is smaller when demand is more elastic. Remember if the price elasticity of demand is lower than 1, (negative) a rise in price causes an
increase in revenue for the seller.
Therefore having a -4 elasticity of demand could imply more profits for the firm.
Answer:
a. have been recorded on the company's books but not yet by the bank
Explanation:
The deposit in transit means the deposit is recorded in the book of the company accounts but the same is not recorded in the bank books of account unless when they are not deposited.
So while preparing the bank reconciliation statement, we added the deposit in transit and deduct the outstanding checks in the bank books of accounts
Answer:
Depreciation expense on third year is $2,400
Explanation:
First, we must compute the depreciation expense for the first 2 years.
($18,000 - 2,000)/5years = $3,200 depreciation expense per year.
Second, let’s compute the net book value before the adjustment.
$3,200 x 2 years = $6,400 (total depreciation for 2 years)
$18,000 - $6,400 = $11,600 (Net book value before adjustment)
Finally we can now compute the Depreciation expense on the third year.
($11,600 - $2,000) / 3+1
$9,600/4 = $2,400 (new depreciation expense on third year)
Based on movies and books I've read, I noticed that the culture in South America is big on familial love. Their family spreads not only immediately, but even to cousins after cousins. You can see them living in family compounds and they greet each other as families.
Therefore, this could be a reason for the company's choice of a mechanistic structure. This structure is about the working together of single parts to create an efficient mechanism. Thus. familial relationship is very important. They have to invest in close family ties through social events.
The Mexico NAFTA members benefited the most from this free trade agreement by securing preferential treatment for 80% of its exports.
NAFTA grow to be a landmark opportunity deal between Canada, Mexico, and America that took impact in 1994. It contributed to an explosion of exchange between the three nations and the mixture of their economies however have become criticized inside the united states of America. for contributing to process losses and outsourcing.
The correct solution is A) China. The North American unfastened change agreement, moreover called NAFTA, got here under pressure in 1994 and its crucial aim turned into selling, creating, and facilitating forex amongst Mexico, Canada, and the USA. consequently, China modified into now not protected in it.
U.S. farm exports to Canada and Mexico quadrupled from $eleven billion in 1993 to $ 40-three billion in 2016. 20 It made up 25% of usual meal exports and supported 20 million jobs. This change leveraged another $ fifty-four. 6 billion in enterprise funding. NAFTA improved farm exports because it eliminated immoderate Mexican price lists.
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