Answer:
19.8%; 16.8%
Explanation:
In 2016:
Common size percentages for operating expenses:
= (Operating expenses ÷ Net sales) × 100
= (65,960 ÷ $333,800) × 100
= 0.198 × 100
= 19.8%
In 2017:
Common size percentages for operating expenses:
= (Operating expenses ÷ Net sales) × 100
= ($68,440 ÷ $407,400) × 100
= 0.1680 × 100
= 16.8%
Note:
Table is missing in this question, so i have attached the missing table.
Answer:
$3840
Depression (Major Recession)
Explanation:
In the problem above, if there is a shift in demand as a result of a change in income which moves the economy to point F. There will be a production of a Real GDP of approximately $3840 billion. Due to the change in the equilibrium position, the economic system will be a major recession which is also known as depression. This occurs because there is loss of customer confidence.
Answer:
True
Explanation:
Demand is elastic when a change in price leads to a greater change in quantity demanded. Quanitity demanded is sensitive to changes in price.
If price is increased, quantity demanded falls and if price is decreased, quantity demanded increase.
In this question, total revenue fell despite an increase in the quantity demanded. This indicates that prices fell.
If demand were inelastic, total revenue would increase with an increase in quanitity demanded.
I hope my answer helps you
Answer:
<em>7 Ways To Add Massive Value To Your </em><em>Business</em>
- <em>The Faster The Better. The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. ...</em>
- <em>Offer Better Quality. ...</em>
- <em>Increases</em><em> Convenience. ...</em>
- <em>Improve Customer Service. ...</em>
- <em>Changing Lifestyles. ...</em>
- <em>Offer Planned Discounts.</em>
Explanation:
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Answer:
$1,200,000
Explanation:
Jack Corporation
Carrying value before net loss:
($1,500,000 - (20% x $1,000,000))
=$1,500,000-$200,000
= $1,300,000
Jack's share of net loss recognized in full:
20% x $6,000,000
= $1,200,000
Therefore the amount of loss should Jack report in its income statement for 2021 relative to its investment in Jill will be $1,200,000