Insolvency occurs when liabilities far exceed available assets.

In a local market, the monthly price of internet access service decreases from $40 to $30, and the total quantity of monthly

deff fn [24]

The answer is : The demand is elastic.

Elasticity =

[(80,000 - 180,000)/((80,000+180,000)/2)]/[($40 - $30)/(($40 + $30)/2)]|

[(-100,000/130,000)]/[(10/55)] = -.7692/.1818= -4.23

The answer is -4.23, however when considering own price elasticity of demand, we ignore the negative sign and look at the absolute value to determine whether it is elastic or inelastic.

5 0

3 years ago

Choose and describe a business that you would expect to have highly liquid assets and share a photo of that business (or company

Slav-nsk [51]

Answer:

I have chosen Apple Inc.

Explanation:

Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.

The picture of Apple headquarter and of its logo are given below:

6 0

3 years ago

PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)

Georgia [21]

Answer:

the answer is C. People who earn a college degree are likely to earn more than those who have a high school education

5 0

2 years ago

Financial functions format calculated values as currency, with _______. Question 3 options: a) positive cash flow appearing in r

Vlada [557]

Answer:

d) negative cash flow appearing in red font.

Explanation:

Colour coding is a type of excel formatting for financial modelling.

Color coding allows anyone to immediately pick up your model and know what can be changed (assumptions) and what should not be altered (formulas).

Example:

negative cash flow (Cash outflow) of the company appears in red font while positive cash flow (Cash inflow) of the company appears in green font.

3 0

2 years ago

A job applicant identifies preparing contract documents for construction managers as something the applicant considers

babunello [35]

Answer:

architect

Explanation:

i got it right on edge

3 0

2 years ago