Answer:
$28.57
Explanation:
The holders of ZZZ corporation bonds with a face value of $1000
It can be exchanged for 35 share of the stock
The stock is being sold for $25.00
Therefore, the conversion price can be calculated as follows
= $1000/35
= $28.57
Hence the conversion price is $28.57
Debited to the inventory account.
Hope this helps!
Answer: Starbucks Coffee is a 'normal good', while Beanlightened coffee is an 'inferior good'.
Andrew's demand for Starbucks coffee changed as a result of an increase in his 'income'
Explanation:
A normal good is a good that sees it's demand rise as income or wages rise. Essentially if you're making more money, you buy more of such goods. Andrew is now making more money so he buys more of Starbucks coffee.
An inferior good on the other hand is one that sees it's demand drop as wages or income rises. You usually buy less of it the more money you make. Take no brand cornflakes for instance, as one makes more money they tend to buy less of it and more of branded cornflakes. Beanlightened coffee is therefore an inferior good.
Income is compensation you get for providing a service. In this instance Andrew receives $75000 a year for being a programmer.
Answer:
The correct answer is letter "C": simple structure.
Explanation:
Canadian professor Henry Mintzberg (<em>born in 1939</em>) proposes there are five types of business organization structures: <em>Simple structure, Machine bureaucracy, Professional bureaucracy, Divisionalized, </em>and <em>Adhocracy</em>. Startups usually managed by their founders are characteristic of the simple structure since this type of organization has a loose organizational structure, are usually flexible and sometimes even informal. Though, it does not leave aside the contribution of its member to achieve the goals of the organization.
Answer:
Demand is inelastic
Explanation:
Demand is inelastic, means that the demand of the buyer does not change as the price varies or changes.
For example, the price rises by 15% and the demand falls by 1%, which is said to be that the demand is inelastic.
So, in this case, the boutique hotel, tries to increase the revenue through decreasing the rates through 20%, but the revenues decreases. Therefore, this situation is that the demand of the boutique hotel is inelastic.
