Answer:
Decrease by $250,000
Explanation:
Calculation for what would be the effect on net income.
We would be using Differential Analysis method to find the effect on the net income
Differential Analysis
Continue with Luggage Department; Eliminate Luggage Department; Effect on Income
Sales
1,000,000 0 -1,000,000
Variable cost
-250,000 0 250,000
Direct fixed costs
-500,000 0 500,000
Indirect fixed costs
-300,000 -300,000 0
Net Income
-$50,000 -$300,000 -$250,000
Therefore in a situation where the luggage department is eliminated, the income would decrease by $250,000
Answer:
The correct answer is A
Explanation:
The financial activity is that activity which is undertaken by companies in order to accomplish their economic objectives and goals.
FDI (Foreign direct investment), which is an investment that is controlling the ownership or possession of the business in one country by an entity in another country.
Therefore, the FDI is the one activity which will help the company based in another country.
The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.
The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.
The revolution brought about an explosive economic growth and new personal wealth in the country.
The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.
Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.
Learn more about Market Revolution here
<em>brainly.com/question/8173033</em>
Answer:
1) True, because MR = P[1-1/e] demand is elastic if e> 1. Thus for e>1 MR is positive.
2) False, because for elastic demand increase in price will lead to fall in revenue.
3) False, because MR will be zero.( MR = P[1-1/e], put e = 1)
4) True, because MR will be positive
5) FaIse
Answer:
Measured over equal time periods.
Explanation:
To get an understanding of the <u>rate</u> of return you first need to lay down a period of time that you can use as a baseline when comparing the return of each investment.
