Definitely c). because this is the group this act applied most to
<span>A good or service is said to be highly elastic if there is a a slight change in price this will cause a sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket
The factors are - The govt that propose a law that is in favor of the industry
availability of substitutes
hope it helps</span>
In terms of establishing an account receivable billing policy
and procedure includes the determining or knowing the number the days that has
been done between billings because this is essential to know if the policy is
upheld and proper procedures is being done.
Answer:
5%
Explanation:
Output per capita grows at a constant rate.
Therefore, we can calculate the level of income per capita in any two periods and find the corresponding growth rate. For example,
y1 = 100x(1 - 0.05)x(1 +0.05) = 99.8 and
y2 = 100x(1 - 0.05)x(1 + 0.05)2 = 104.7.
The growth rate of per capita output in period 2 is then (104.7-99.8)/99.8=5%.
Answer:
d. One defect of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid.
Explanation:
While calculating a project's IRR, that is internal rate of return we calculate the return at which the outflow = inflow. Further it is assumed that the funds will be reinvested at the same rate.
As with change in weights because of amount invested, change in capital structure, the effective rate also changes, and the expected rate of return being IRR is generally not the same.
Accordingly, this is a correct statement that most of the times it is not true that reinvestment will earn the same rate of return as of IRR.