Answer:
since the price elasticity of demand for students is -4, the the price charged to them should be:
price = [-4 / (-4 + 1)] x $6 = (-4 / -3) x $6 = $8
since the price elasticity of demand for faculty is -2, the the price charged to them should be:
price = [-2 / (-2 + 1)] x $6 = (-2 / -1) x $6 = $12
Once a company reaches 50 or more employees, and meets any of the below criteria, it has 120 days to create an Affirmative Action Plan. Every year the company remains larger than 50 employees and meets the federal contracts guidelines listed below, it is required to update the plan to track changes in employee population and employee transactions.
In some instances, companies are required to implement an Affirmative Action Plan without a direct government contract. If government contractors purchase at least $50,000 worth of goods to fulfill their obligations on a government contract, then the goods’ seller is also subject to the OFFCP’s laws.
A prime example is a hardware company which sells screws to a company that builds Navy submarines. Although there’s no direct contract with the government for the hardware company, accepting the order as part of a government contract makes it a bill of lading, and if it exceeds $50,000 total revenue on those deals, then both sides must comply with Affirmative Action law.
Answer:
$47,000
Explanation:
Computation for the net cash flows from operating activities using the indirect method.
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $28,000
Adjustments to reconcile net income to
Net cash provided by operating activities
Depreciation expense $15,000
Increase in Accounts Receivable -$2,500 ($8,000-$10,500)
Decrease in inventory $3,000
($21,000-$18,000)
Increase in accounts payable $5,000
(15000-10000)
Decrease in income taxes payable -$1,500 ($1,000-$2,500)
Net cash flows from operating activities $47,000
Therefore the net cash flows from operating activities using the indirect method is $47,000
Answer:
d. Over time
Explanation:
The interest revenue will be recognize over time, regardless of the payment
If we only recognize revenue at payment due, if the bank client doesn't paid then we cannot recognize the accrued interest receivable.
We will recognize over time.
Answer:
<u>Letter B is correct</u>. Will be reduced.
Explanation:
In this case, Arthur's taxes will be reduced. This situation happens according to some legal criteria. Arthur is a sole proprietor of his business, and since he has had significant losses tied to his business, he has the right to reduce personal expenses on such losses by subtracting this cost from his tax obligations.
