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mars1129 [50]
3 years ago
9

All of the following statements are true EXCEPT:_________.

Business
1 answer:
ale4655 [162]3 years ago
6 0

Answer:

D. the demand for Nike running shoes is less elastic than the demand for shoes.

Explanation:

In this the substitutes would be more for the particular brand rather than the normal running shoes. Since the demand of running shoes might be less elastic as compared to the demand of nike running shows because the consumer shifted from the nike to other brand that are popular. Plus, the elasticity of demand for running shoes is considered to be inelastic as there is many subsitutes

So, the option d is correct

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One of the growers is excited by the price increase caused by the blight because he believes it will increase revenue in this ma
Nat2105 [25]

Full question attached

Answer:

Not elastic

Explanation:

The formula for demand elasticity= percentage change in quantity/percentage change in price

Therefore demand elasticity = Q2-Q1/Q2+Q1/2/P2-P1/P2+P1/2

Using graph of demand attached

= 12-15/12+15/2/21-15/21+15/2

= -3/27/2/6/36/2

=-2/9/1/3

=-2/3

=-0.67

Elasticity is less than one and so demand is inelastic

8 0
2 years ago
Anders industries currently holds two debts: an $11,000 debt due in 12 months and a $16,000 debt due in 18 months. anders prepar
lianna [129]
All $27,000 in debt should be classified as current liabilities. Since the current liabilities section of the balance sheet encompasses obligations that are due to be fulfilled in the near term, and includes amounts relating to accounts payable, incomes, utilities, taxes, short-term loans, and so forth.  Current liabilities are debts that are due to be compensated within one year or the operating cycle, whichever is longer.
7 0
3 years ago
Jones Co. started the year with no inventory. During the year, it purchased two identical inventory items at different times. Th
Over [174]

Answer:

FIFO LIFO Weighted average

Cost of goods sold 1,060 1,380 (1,060 + 1,380)/2 = $1,220

Ending inventory 1,380 1,060 (1,060 + 1,380)/2 = $1,220

Explanation:

Attached is the tabulated solutions

6 0
2 years ago
Information concerning the unexpected resignation of one or more of the registrant's directors would be disclosed on which of th
labwork [276]

Answer: Form 8-K

Explanation:

An 8-K is a report the corporate changes that happens at an organization. The information given in form 8-K is important to the shareholders of the organization and also to the Securities and Exchange Commission.

Events such as bankruptcy, acquisitions, resignation of directors can all be seen in the report.

7 0
3 years ago
Yan Yan Corp. has a $10,000 par value bond outstanding with a coupon rate of 4.8 percent paid semiannually and 22 years to matur
Shalnov [3]

Answer:

$10,856

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond.

According to given data

Face value of the bond is $10,000

Coupon payment = C = $10,000 x 4.8% = $480 annually = $240 semiannually

Number of periods = n = 22 years x 2 = 44 period

YTM =  4.2% annually = 2.1% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $240 x [ ( 1 - ( 1 + 2.1% )^-44 ) / 2.1% ] + [ $10,000 / ( 1 + 2.1% )^44 ]

Price of the Bond = $6,848.64 + $4007.4 = $10,856.04

4 0
2 years ago
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