Answer:
$0.10 and $0.02. is correct answer
Explanation:
Given:
Elasticity = - 5
Demand = -1.25
Computation:
-e = p / [p-mc]
5 = p / [p-0.02]
5p - 0.1 = p
p = 0.025
for new senior citizen;
1.25 = p / [p-0.02]
p = 0.1
So,
$0.10 and $0.02. is correct answer
Answer:
A. 1 and 4 are true
Explanation:
Statement 1: When inflation goes up the market prices of goods increase and reduces buying power of customer. So, if you get $100 even after 5% inflation, you would get $95 worth good.
Statement 2: It is commonly known as, the higher the risk the higher the gain. So, risk premium and risk exhibited by security is directly related with each other.
Statement 3: Since, risk free rate is the compensation for time value of money, that is why it can’t make real risk-free rate negative because real risk rate is there, but inflation can go higher than risk free rate.
Statement 4: Maturity payment is paid to investors or savers after certain period of time along with principal amount.
Hence, A. 1 and 4 are true
Answer:
$222,664
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The net cash flow from operating activities
= $245,130 + $20,107 - $14,733 - $29,685 + $3,608 - $5,431 + $3,668
= $222,664
Answer:
Cowboy Law Firm
Income Statement
Service revenue $7,600
<u>Expenses:</u>
Salaries expense $1,350
Utilities expense $1,000
Total expenses <u>$2,350</u>
Net income <u>$5,250</u>
In a periodic inventory system, the cost of goods sold is not recorded as each sale that occurs is a true statement.
<h3>Periodic Inventory System</h3>
- A physical count of the inventory is conducted at predetermined intervals as part of the periodic inventory system, a technique of inventory valuation for financial reporting reasons.
- In order to calculate the cost of goods sold, this accounting method starts with an inventory at the beginning of the period, adds fresh inventory purchases throughout the period, and subtracts ending inventory.
- A corporation using the periodic inventory system won't be aware of its unit inventory levels or COGS until the physical count process is finished.
- For a company with a small number of SKUs operating in a sluggish market, this method might be suitable, but for all other companies, the perpetual inventory system is preferred.
Hence, the given statement is true.
To learn more about Periodic Inventory System refer to:
brainly.com/question/17326443
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