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riadik2000 [5.3K]
3 years ago
5

For sara, ramen noodles are a normal good, however sean considers ramen noodles to be inferior. if sara and sean have the same a

mount of income:
Business
1 answer:
avanturin [10]3 years ago
8 0
<span>In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.</span>
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obinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary d
ZanzabumX [31]

Answer:

Robinson's deferred income tax expense or benefit for the current year would be $6,700

Explanation:

The computation of the deferred income tax expense or benefit for the current year is shown below:

= Deferred tax expense - adjustment of tax based on the tax rate

where,

Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate

= ($50,000 - $20,000) × 21%

= $6,300

And, the adjustment of tax equals to

= Net taxable temporary difference × (Tax rate - corporate tax rate)

= $100,000 × (34% - 21%)

= $13,000

Now put these values to the above formula  

So, the value would equal to

= $6,300 - $13,000

= $6,700

6 0
3 years ago
Which of the following is most likely to occur as you add randomly selected stocks to your portfolio, which currently consists o
jarptica [38.1K]

Answer: b. The diversifiable risk of your portfolio will likely decline, but the expected market risk should not change.

Explanation:

Diversifiable risk is a risk that a particular security has or which can be seen in a certain sector. Market risk occurs when there's possibility that a particular investor will make loss due to certain factors which affects the entire market.

In the above scenario, the most likely to occur will be that the diversifiable risk of the portfolio will likely decline, but the expected market risk should not change.

It should be noted that diversification won't eliminate market risk. When more stocks are added, this brings about decline in diversification risk but market risk won't change.

5 0
3 years ago
In discussing inventory, helena mentions that bikinis for sale on the website are not always in stock. say customer feedback ind
quester [9]

The best action that Helena should take first is that she should decide that when retail stores and as well as online customers order bikinis, she should help them in a way that they don’t have to wait more than two weeks in regards of the order to arrive. By that, this will prevent customers from cancelling their order.

6 0
3 years ago
A product has a contribution margin of $2.50 per unit and a selling price of $25 per unit. Fixed costs are $20,000. Assuming new
Evgesh-ka [11]

Answer:

A. 9,000 units

Explanation:

The formula to compute the break even point is shown below:

= (Fixed cost) ÷ (Contribution margin per unit)  

where,  

New Fixed costs = $20,000 + $13,750 = $33,750

And, the contribution margin per unit would be

= $2.50 + $2.50 × 50%

= $2.50 + $1.25

= $3.75

Now put these values to the above formula

So, the units would be equal to

= $33,750 ÷ $3.75

= 9,000 units

7 0
3 years ago
An actor is a person that plays a particular role within a business process. select one:
DENIUS [597]
B. True is the answer
7 0
3 years ago
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