I would say A
You should always keep your back straight when lifting
Answer:
The correct answer is letter "B": Joint venture.
Explanation:
Two or more corporations decide to go in a joint venture to contribute to the capital and resources for a common project. Developers, producers, and service providers usually come along to form a joint venture. Those parties, if successful, divide the profits based on the value of their respective contributions to the joint venture.
Answer:
The correct answer is the option A: a small elasticity of demand.
Explanation:
To begin with, the concept known as<em> "price elasticity of demand"</em> refers to the relationship that shows how much the quantity demanded of a product will change when the price of it changes. And therefore that it indicates the variation that exists between the price and the quantity demanded for the product.
Secondly, when it comes to products that are highly essential to life, like water, the price elasticity of its demand will be inelastic or what is the same as small elastic due to the fact that it does not matter how much the price changes, the amount demanded by the consumers will stay due to the fact that the product is highly needed in their lives.
Answer:
$270,000
Explanation:
Provision should be recorded when there is present obligation and reliable obligation available for the event to be recorded as provision.
Value of provision is based on the loss value of litigation.
Estimated value of Loss
Value Estimate
$100,000 30%
$400,000 60%
Expected loss = ( 100,000 x 30% ) + ( 400,000 x 60% ) = $30,000 + $240,000 = $270,000
As there is 55% possibility of loss, then $270,000 will be recorded as provision.
Answer: The Break-Even Point will reduce from $4,285.71 to $4,125
Explanation:
To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.
The Contribution Margin is the Selling Price minus the Variable Cost.
For Scenario 1 the Break-Even Point will be,
= 15,000 / ( 6 - 2.50)
= $4,285.71
For Scenario 2 the Break-Even Point is,
= 16,500 / 6.5 -2.5
= $4,125
The Break-Even Point for Scenario 2 means that even though the higher Fixed Costs could have led to a higher Break-Even Point, the higher price contributed more than the fixed costs did and led to an ultimately lower Break-Even Point than the first Scenario.
