Based on the fact that the demand elasticity is 0.91, the revenue-maximizing decision would be to d. increase tuition, which would generate more revenue.
<h3>Why is this the revenue-maximizing decision?</h3>
When the demand elasticity is below 1 as is the case here, it means that demand is inelastic.
When demand is inelastic, an increase in price will lead to a lower decrease in demand. This means that increasing prices for enrollment in this college will bring in revenue because there won't be much change in demand.
In conclusion, option D is correct.
Find out more on demand elasticity at brainly.com/question/6791468.
A type of analysis to understand Able's availability of resources to pay its short-term cash requirements is known as a liquidity measure.
<h3>What is liquidity?</h3>
Liquidity can be defined as the rate at which an asset or resource such as physical equipment, can be used to purchase any goods or services. This ultimately implies that, liquidity is a characteristics (quality) of money as a medium of exchange around the world.
In Financial accounting, liquidity is simply a measure of the availability of resources to pay current, liabilities, short-term cash requirements, or operating expenses of an entrepreneur or business firm.
Therefore, an analysis of the availability of resources is typically aimed at a company's funding requirements and ability to meet its financial obligations.
Read more on liquidity here: brainly.com/question/14014912
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<span>The owners equity is the difference between the assets and liabilities of a company. To do this, one would add up all of their assets, including monetary, and add up all potential liabilities. The liabilities are then subtracted from the assets.</span>
Answer:
A successful IS implementation adds to an organization’s efficiency and Effectiveness. A successful implementation also makes the organization more Agile.
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Answer:
c. provide information about the cash receipts and cash payments during a period.
Explanation:
The purpose of statement of cash flows is to report all major cash receipts ( inflows) and cash payments ( outflows) during a period. This includes separately identifying the cash flows relating to operating , investing and financing activities .
The statement of cash flows does more than simply report changes in cash.The statement of cash flows addresses important questions such as how does a company obtain its cash or spend its cash, or explains changes in cash by summarizing, classifying and reporting a company's cash inflows and cash outflows for each period.
So Option C is the best choice
