Answer:
The correct answer is letter "C": life is the total cost divided by the total annual depreciation.
Explanation:
The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.
Answer:
a. The role of Finance is to use the numbers developed through accounting to aid in decision making.
Explanation:
Finance department is solely responsible for making any conclusions from the financial statements.
Accounts basically helps in maintaining and preparing the financial statements and it represents the true and fair view.
But all the conclusions are drawn by the finance department.
That is the basic role of financing to help the management, draw conclusions and from such conclusions the decisions for further running the business.
Answer: Rejection-then-retreat approach.
Explanation: The musical equipment salesman is using the Rejection-then-retreat approach to sell his musical items. This method is used to frighten the customers with higher priced items then make them settle for lesser priced items.
The correct option is B - "Increase Increase"
What is equilibrium price?
A market-clearing price, often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal.
What is quantity of the good exchanged?
The quantity theory of money is expressed mathematically in the equation of exchange. The equation, in its simplest form, states that nominal spending equals nominal income or that the total quantity of money that moves about in an economy equals the total money value of the things that move around.
Question :
If there is an increase in demand for a good, what will most likely happen to the price and quantity of the good exchanged?
Price Quantity
A. No change No change
B. Increase Increase
C. Increase Decrease
D. Decrease Increase
E. Decrease
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Answer:
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24
Explanation:
Type pedicure manicure combined WTP
Sandals wearer $32 $8 $40
Boot wearer $24 $24 $48
Two possible bundle prices = 40 & 48
High bundle price low bundle price
P-bundle $48 $40
P-pedicure $32 $24
P-manicure $24 $16
The price of the services should be given as;
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24