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2 years ago

One form ofâ __________ is when movie theaters charge one price for adults and a different price for senior citizens.

1 answer:

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<span>Differential pricing. Also known as discriminatory pricing or multiple pricing, it is a method of charging distinct prices for different customer segments for the same product and for the same quantity. Companies make use of differential pricing methods in order to increase profitability of an organisation.</span>

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A Co. showed the following values for its inventory as of the end of its fiscal year: Historical cost $100,000 Current replaceme

Levart [38]

Answer:

$90,000

Explanation:

The reason is that the International Accounting standard IAS 3 Inventories says that the asset must be reported at lower of:

Cost &

Net realizable value

Here the cost is $100,000 and NRV is $90,000, which means that the inventory must be reported at $90,000 which is the lower value.

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2 years ago

Read 2 more answers

Assume that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good. The income elasti

notka56 [123]

Answer:

1.5

Elastic

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income.

6 / 4 = 1.5

The income elasticity of demand is elastic

I hope my answer helps you

3 0

2 years ago

Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $66

Allisa [31]

Answer:

Flip's taxable income for the current year is $2,10,000.

Explanation:

Given information:

Advertising Expenses = $50,000

Cost of Goods Sold = $660,000

Other Operating Expenses = $390,000

Sales = $1,830,000

Wages and Salaries = $520,000

Capital Gain = $15,000

The formula for taxable income is

Taxable income for corporation = Gross Sales - cost of goods sold - operating expense - Interest expense - Tax deduction/ credit

Where,

Operating expense = Advertising Expenses + Wages and Salaries + Other Operating Expenses

Using this formula we get

$\text{Taxable income for corporation}=1830000-660000-(390000+520000+50000)$

$\text{Taxable income for corporation}=210000$

Therefore, Flip's taxable income for the current year is $2,10,000.

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3 years ago

Your firm's attorney has ________ power when giving legal advice.

Mandarinka [93]

The answer is expert power.

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3 years ago

American political history can be understood as a perennial battle between state power and national power. The Civil War is perh

lesya [120]

Answer:

The battle of who should hold more power, the national government or the states, is perhaps the most seasoned battle in American history. Many believe that the states should hold more control over the national government, yet I differ sometimes. In the present society we have progressing banters about numerous points that worry general society. One of the huge issues that gets talked about frequently is whether maryjane ought to be authorized or not. I am fair with regards to this specific point, yet I do have a solid feeling on who ought to choose. At this moment, there are a few states around the nation that have authorized it, however the National government has not. This makes things incredibly confounding most definitely. The other concern I have is with the detained populace because of cannabis infringement. I think that its unjustifiable that there are individuals getting detainment charges for accomplishing something that another resident in a neighboring state is openly doing. I comprehend that individuals are worried about the possibility that that on the off chance that we permit the national government to settle on choices like this, at that point they will develop to be excessively ground-breaking, however I differ right now. There are measures set up to adjust the forces of the government, and we should confide in what the organizers had as a top priority when they drafted the constitution. At the point when they made the constitution, they gave the central government all the forces they figured they ought to have Article 1 area 8. They did this with the aim that they would shield the central government from getting excessively huge. The originators were clever people however, and they realized that the issues written in 1787 would not be the main ones to cross the ways of the American individuals. Considering this they included the "essential and legitimate statement", which was added to guarantee they could manage issues that emerged later on.

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3 years ago