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
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.
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
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.
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