Answer:
Yes, sales have increased as a result of the advertising campaign.
Explanation:
Find attached the explanation.
Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.
The formula for calculating elasticity is: Price Elasticity of Demand=percent change in quantitypercent change in price Price Elasticity of Demand = percent change in quantity percent change in price .
Answer:
a. Journal entries to record the reinstatement of the account receivable
Account Title and Description Debit Credit
Account receivable account $600
Allowance for Doubtful Accounts account $600
(Reinstatement of the account receivable)
b. Journal entries to record the receipt of cash
Account Title and Description Debit Credit
Bank Account $600
Account receivable account $600
(Receipt of cash)
Answer:
10.78%
Explanation:
The next dividend payment for Dizzle incorporation is $2.85
The growth rate is 5%
Current stock price is $49.30
Therefore the required return can be calculated as follows
= dividend payment/stock price + growth rate
= 2.85/49.30 + 5/100
= 0.0578 + 0.05
= 0.1078 × 100
= 10.78%
