The demand for a product is likely to be more elastic if
there is a presence of more time passes which is letter c. As a demand of a
product will likely be affected with the price changes over the period of time. It is because a demand elasticity occurs when there is a
presence of change in regards to the demand for goods, such examples are the
income of the consumer.
Answer:
The final payment would be of amount $9000
Explanation:
The keywords of the question state that the bank needs an equal amount of money by both of the payment procedures. Hence, no matter which payment method I choose on the outstanding loan, the bank would need a sum of 3x3000 = $9000
Answer:
<u>Therefore, the lease liability is $533,600 and the current liability is $46,640.
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Explanation:
In order to break even, they would need to sell at least 5,000 units
Break even point is calculated by the formula:
Fixed costs÷(selling price -variable costs per unit)
i.e.
100,000 ÷ (60-40) = 5,000
Anything they sell above this number will start to produce profits for the company
Answer:
$512,000
Explanation:
The computation of Number of Share included for computing diluted earning per share is shown below:-
For computing the Number of Share included for computing diluted earning per share we need to find out the issued shares and Stock option which is given below
Issued Shares = 200,000 × 6 ÷ 12 (From July to December)
= $100,000
Stock option = 60,000 - (60,000 × $28 ÷ $35)
= $12,000
So, Total stock outstanding = Shares at Beginning + Issued Shares + Stock option
= 400,000 + $100,000 + $12,000
= $512,000
