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.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
No, it will not be classified on cash flow statement.
Explanation:
In the given case, stocks are issued in exchange of equipment. Assuming no cash is involved even for the balancing amount.
Since, cash flow statement records all transactions involving cash the exchange of stock issued for equipment, is nowhere involving cash thus, it will not be depicted on cash flow statement.
Final Answer
No it will not be classified on cash flow statement.
Answer:
Total= $4.33
Explanation:
Giving the following information:
Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is 0.3 pounds; the allowance for spoilage is 0.1 pounds. The purchase price is $4 per pound, but a 2% discount is always taken. Freight costs are $0.15 per pound and receiving and handling costs are $0.10 per pound.
Purchase price= 4*0.98= 3.92
Allowance for waste= (0.03*3.92)= 0.1176
Allowance for spoilage= (0.01*3.92)= 0.0392
Freight= 0.15
Receiving and handling= 0.10
Total= $4.33
Answer:
"at-will" simply means the employer can let you go without cause
Explanation:
At-will means that an employer can terminate an employee at any time for any reason, except an illegal one, or for no reason without incurring legal liability. Likewise, an employee is free to leave a job at any time for any or no reason with no adverse legal consequences.
