Answer:
Option C
Explanation:
Bankruptcy prediction
is a combination of financial statement analysis and statistical modeling.
Therefore, the correct answer is c
Thus, when predicting the bankruptcy it becomes necessary to go through the financial statements of a company or the firm and also the statistical model so that it may be found out that whether the intended one would be bankrupt or not
Answer:
Price Quantity demanded Quantity demanded
business travelers vacationers
$150 2,100 1,000
$200 2,000 800
$250 1,900 600
$300 1,800 400
using the midpoint method:
- price elasticity of demand for business travelers = {(1,900 - 1,800) / [(1,900 + 1,800) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (100 / 1,850) / (-50 / 275) = 0.054 / -0.182 = -0.3
- price elasticity of demand for vacationers = {(600 - 400) / [(600 + 400) / 2]} / {(250 - 300) / [(250 + 300) / 2]} = (200 / 500) / (-50 / 275) = 0.6 / -0.182 = -3.3
Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? <u>FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.</u>
Answer:Double-entry bookkeeping, in accounting, is a system of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry has two equal and corresponding sides known as debit and credit. The left-hand side is debit and right-hand side is credit.
Explanation:
