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3 years ago

Whats the difference between elastic and inelastic in business

Business

1 answer:

Masteriza [31]3 years ago

8 0

Answer:

Elastic demand means there is a substantial change in quantity demanded when another economic factor changes typically the price of the good or service, whereas inelastic demand means that there is only a slight or no change in quantity demanded of the good or service when another economic factor is changed.

Explanation:

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A necessary condition to use the equity method of reporting for an equity investment is that the investor company must

Vilka [71]

The answer would be a. Have the ability to exercise significant influence over the operating and financial policies of the investee

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3 years ago

Monica, a doctor, owns a small health care clinic that serves underserved people in a lower-income neighborhood. What type of

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2 years ago

You have shared a folder in a windows server that is a part of a domain. You need to assign permissions to users so they can acc

Makovka662 [10]

Answer:

The answer would be

Explanation:

You can specify which users or groups can access, view, or modify a shared folder and its contents. The access permissions of shared folders, as well as individual files and subfolders, can be customized for each user or group.

Share permissions manage access to folders shared over a network; they don’t apply to users who log on locally. Share permissions apply to all files and folders in the share; you cannot granularly control access to subfolders or objects on a share. You can specify the number of users who are allowed to access the shared folder.

There are three types of share permissions: Full Control, Change and Read. You can set each of them to “Deny” or “Allow” to control access to shared folders or drives:

* Read — Users can view file and subfolder names, read data in files, and run programs. By default, the “Everyone” group is assigned “Read” permissions.

* Change — Users can do everything allowed by the “Read” permission, as well as add files and subfolders, change data in files, and delete subfolders and files. This permission is not assigned by default.

* Full Control — Users can do everything allowed by the “Read” and “Change” permissions, and they can also change permissions for NTFS files and folders only. By default, the “Administrators” group is granted “Full Control” permissions.

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3 years ago

Which of the following is a result of over-diversification through acquisition? Select one:

Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.

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3 years ago

On January 3, 2014, Trusty Delivery Service purchased a truck at a cost of $90,000. Before placing the truck in service, Trusty

likoan [24]

Answer:

Accumulated depreciation for Years 1 - 5 under:

the Straight-line method is $90,000.
the Units-of-production method is $90,000.
the Double-declining-balance method is $86,170.

Explanation:

The total cost of the asset is $90,000 + $3,000 + $1,500 + $4,500 = $99,000, since all the other costs were directly attributable cost and were necessary to bring the asset to usable form.

The painting is capitalized because it is the first time Trust Delivery would be using the asset, otherwise it would have been expended
Overhauling cost can be regarded as a separate asset, if we were provided with different useful lives - componentization.

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($99,000 - $9,000) / 5 years = $18,000 yearly depreciation expense.

Accumulated depreciation for Years 1 to 5 is $18,000 x 5 years $90,000.

The unit-of-production method is used when the asset value closely relates to the units of output it is able to produce. It is expressed with the formula below:

(Original Cost - Salvage value) / Estimated production capacity x Units/year

At Year 1, depreciation expense (DE) is: ($99,000 - $9,000) / 100,000 miles x 22,500 miles = $20,250/year

Accumulated depreciation for the first four years is $20,250 x 4 years = $81,000.

At Year 5, depreciation = $90,000 / 100,000 miles x 10,000 miles = $9,000

Note that this depreciation method results in higher depreciation charge when the asset is heavily used, at this time, it was in Years 1 - 4.

Accumulated depreciation expense for Years 1 to 5, under this method, is $90,000 (addition of first four years and the Year 5).

The double-declining method is otherwise known as the reducing balance method and is given by the formula below:

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

SLDP is 100%/5years = 20%, then 20% multiplied by 2 to give 40%

At Year 1, 40% X $99,000 = $39,600

At Year 2, 40% X $59,400 ($99,000 - $39,600) = $23,760

At Year 3, 40% X $35,640 ($59,400 - $23,760) = $14,256

At Year 4, 40% X $21,384 ($35,640 - $14,256) = $8,554 approximately (the depreciation expense would stop at this stage since the amount falls below the residual value).

Accumulated depreciation expense for Years 1 to 4, under this method, is $86,170 (addition of all the yearly depreciation).

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3 years ago