<u>Answer:</u>
<em>(A) Constant and equal to an absolute value of one</em>
<em></em>
<u>Explanation:</u>
The elasticity is diverse at each point on a demand curve with a consistent slope. The reason is that the "slope and elasticity" are various ideas. Incline estimates the steepness or evenness of a line as far as the estimation units for cost and amount. Elasticity determines the general reaction of the number of changes in price. Elasticity is diverse for each section on the interest bend. Although the slant is steady for this straight-line request bend, Elasticity is NOT.
Answer:
$0.013
0.010724
Explanation:
Given that :
Mean, m = 36500
Standard deviation, s = 5000
Refund of $1 per 100 mile short of 30,000 miles
A.) Expected cost of the promotion :
P(X < 30,000)
Using the Zscore relation :
Zscore = (x - m) / s
Zscore = (30000 - 36500) / 5000
= - 6500 / 5000
= - 1.3
100 miles = $1
1.3 / 100 = $0.013
b. What is the probability that Grear will refund more than $50 for a tire?
100 miles = $1
$50 = (100 * 50) = 5000 miles
Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles
P(x < 25000) :
(25000 - 36500) / 5000
-11500 / 5000
= - 2.3
P(z < - 2.3) = 0.010724 (Z probability calculator)
Identify
each account as Asset (A), Liability (L), or Equity (E)
A. Accounts
Payable - liability
B. Cash -
asset
C. Owners
Capital- Equity
D. Accounts
Receivable- asset
E. Rent
Expenses - equity
F. Service
Revenue - equity
G. Office
Supplies - asset
H. Owners
Withdrawal - equity
I. Land -asset
J. Salaries
Expenses -equity
<span> </span>
Answer:
// Program is implemented using Coral Programming Language
int X
int Y
int Sum
Put "Enter any two numbers" to output
x = Get next input
Y = Get next input
if Y < X
Put "Second integer can't be less than the first" to output
else
for Sum = X; Sum <= Y; Sum = Sum + 10
Put Sum to output
Explanation:
The above program is written using Coral Programming Language
The first line is a comment
The next 3 lines declares 3 integer variables
Which are X, Y and Sum
X and Y represent the two input numbers as seen on line 6 and 7
X, being the first and Y being the second
Line 8 tests the larger of the two numbers
If Y is less than X, the output is "Second integer can't be less than the first" without the quotes
Else
The last two lines perform iterative operations that assigns the addition of 10 and X to Sum
It continues printing sum as long as sum is less than the value of Y.
Answer:
Crawford Trucking
Calculation of book value for disposal of two vehicles:
a) The Truck sold on January 2 would not have depreciation expenses computed for it. The book value on January 1 would be the same on January 2. It is not practical to compute depreciation expense for 1 day.
b) The Truck sold on July 9 would have depreciation computed for the year 2018 pro rated for six months. The book value would be less than the Truck sold on January 2.
Explanation:
Depreciation expense may be pro rated depending on the prevailing circumstances. This becomes necessary because the sold unit may not be fully utilized for the period under review. Under the matching principle of generally accepted accounting principles, it is imperative to match revenue to the period they were incurred.