at the beginning of 2024, terra lumber company purchased a timber tract from boise cantor for $2,950,000. after the timber is cleared, the land will have a residual value of $670,000. roads to enable logging operations were constructed and completed on march 30, 2024. the cost of the roads, which have no residual value and no alternative use after the tract is cleared, was $228,000. during 2024, terra logged 570,000 of the estimated 5.7 million board feet of timber. required: calculate the 2024 depletion of the timber tract and depreciation of the logging roads, assuming the units-of-production method is used for both assets. note: do not round intermediate calculations. enter values in whole dollars.

Answers

Answer 1

The depreciation rate for timber tracts is $228000 and $22800 for logging roads

Depreciation is the process of subtracting the entire cost of an expensive item you purchased for your company. However, you write off portions of it over time rather than completing it all together in one tax year. Depreciating assets gives you more control over your budget because you may schedule how much money is written off annually. The useful life of an item determines how many years you depreciate it (e.g., a laptop is useful for about five years). Different assets are grouped into various classes for tax depreciation, and each class has a distinct useful life.

[tex]{}Depletion \ rate \ for \ timber \ tract \ = \ \dfrac{Purchase \ price \ - \ Residual \ value}{Board \ feet \ of \ timber} \ \times \ Terra \ logged \\ Depletion \ rate \ for \ timber \ tract \ = \ \dfrac{2,950,000 \ - \ 670,000}{5,700,000} \ \times \ 570,000 \\ Depletion \ rate \ for \ timber \ tract \ = \ \dfrac{2,280,000}{5,700,000} \ \times \ 570,000 \\ Depletion \ rate \ for \ timber \ tract \ = \ 0.4 \ \times \ 570,000 \\ Depletion \ rate \ for \ timber \ tract \ = \ 228,000 {}[/tex]

[tex]{}Depletion \ rate \ for \ logging \ roads \ = \ \dfrac{Cost \ of \ roads}{Board \ feet \ of \ timber} \ \times \ Terra \ logged \\ Depletion \ rate \ for \ logging \ roads \ = \ \dfrac{228,000}{5,700,000} \ \times \ 570,000 \\ Depletion \ rate \ for \ logging \ roads \ = \ 0.04 \ \times \ 570,000 \\ Depletion \ rate \ for \ logging \ roads \ = \ 22,800 {}[/tex]

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Related Questions

Insurance premiums, entrance fees, train fares, and organization dues are all examples of?.

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A price-setting mechanism is a method through which the market decides on a commodity's price (or the relationship between the prices of several commodities).

What is prestige pricing quizlet?Prestige pricing is the practice of charging a high price for a product in an effort to attract quality- or status-conscious customers.A pricing strategy in which prices are set high, with the understanding that lower costs will hinder rather than stimulate sales and that consumers will link a high price for the product with greater quality; also known as image pricing.Businesses employ the marketing tactic of prestige pricing to raise their profit margin and improve the perception of their brand. It's a psychological pricing approach that seeks to make things appear more expensive than they actually are to customers.

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A construction worker earns an average bi-weekly net pay of $1,764.00. which compound inequality correctly shows the amount of money, t, the worker can spend if the monthly budget for food is between 10% and 20%? $176.40 ≤ t ≤ $352.80 $352.80 ≤ t ≤ $706.50 $382.20 ≤ t ≤ $764.40 $420.42 ≤ t ≤ $573.30

Answers

Option A is correct, The compound inequality that shows what the worker can spend is given as $176.40 < t < $352.80

How to solve for the compound inequality

An average biweekly net salary for a construction worker is $1,764.00. And if the worker's monthly food budget is between 10% and 20%, they can spend.

How would we have to make the compound inequality that would be most suitable for the question that we have here

Now, in response to the query: The total amount of money that is said to be the bi weekly pay is given as $1764

The inequality is said to be between 10% and 20% of C dollars.

Hence we would have

10 / 100 *  $1764 < t < 20/100 *  $1764

0.1 *  $1764 < t < 0.2 *  $1764

176.4 < t < 352.8

Hence the monthly budget for food is $176.40 < t < $352.80

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which heading should replace the question mark in the chart below?year?19181.419191.419205.2192111.7 unemployment rate in percent immigration from asia in millions immigration from europe in millions women in the workforce in percent

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Unemployment Rate in Percent are:

1918-1.4%

1919-1.4%

1920-5.2%

1921-11.7%

A listing of nations through unemployment rate. Methods of calculation and presentation of unemployment rate range from country to country. Some nations rely insured unemployed most effective, a few rely the ones in receipt of welfare advantage most effective, a few rely the disabled and different completely unemployable human beings, a few nations rely folks that choose (and are financially able) now no longer to work, supported through their spouses and worrying for a family, a few rely college students at university and so on.  

There can also be variations withinside the minimal requirements, and a few takes into account human beings hired despite the fact that most effective marginally related to employment market (for example, operating most effective one hour in step with week).

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when comparing the static planning budget to actual activity, a problem that arises when actual activity is higher than budgeted activity is that _________ there are no revenue or expense variances net income is lower than expected but all or most expense variances are favorable net income is higher than expected but all or most expense variances are unfavorable

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When comparing the static planning budget to actual activity, a problem that arises when actual activity is higher than budgeted activity is that net "income is higher than expected but all or most expense variances are unfavorable! (Option C)

What is the planning budget?

Budgeting planning is the process of developing and implementing a budget in order to make strategic business decisions and guide organizational changes across multiple departments.

A budget is a tool for keeping track of when and how much money you earn and spend. Making a budget is a critical component of your overall success and security. It enables you to monitor and better understand whether your company has enough revenue (incoming money) to cover its expenses.

Net income is defined as gross profit less all other expenses and costs, as well as any other income and revenue sources not included in gross profit. Interest on debt, taxes and operational expenditures or overhead costs are some of the costs reduced from gross to arrive at net income.

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if the exchange rate changes from 3 brazilian reals per dollar to 4 reals per dollar, a. the dollar has depreciated. b. the dollar has appreciated. c. the dollar could have appreciated or depreciated depending on what happened to relative prices in brazil and the united states. d. none of the above is true.

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The correct answer is a) the dollar has depreciated. If the exchange rate falls from 3 to 4 Brazilian reals to the dollar, the value of the currency has decreased.

How is the real doing in 2022 so far? One of the best-performing currencies to begin the year was the Brazilian real, which saw gains from growing commodity prices, increased interest from investors withdrawing money from Russian assets, and a significant increase in Brazil's benchmark interest rate from 2% to 11.75% in only one year.

The BCB does not interfere in the FX market to control the exchange rate level because the Brazilian economy runs under a floating exchange rate regime and the inflation-targeting regime.

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which closing activities are used in external reporting as per sap best practices?there are 2 correct answers to this question

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Reclassify receivables and payables. Update product cost estimates.

Debts receivable, abbreviated as AR or A/R,[1] are legally enforceable claims for charge held through a business for goods furnished or offerings rendered that clients have ordered but not paid for. Those are typically within the form of invoices raised through an enterprise and brought to the customer for fee inside an agreed time body. Accounts receivable is shown in a balance sheet as an asset. It is one in every of a chain of accounting transactions coping with the billing of a client for goods and offerings that the client has ordered. Those can be prominent from notes receivable, which might be money owed created through formal felony gadgets referred to as promissory notes.

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which closing activities are used in external reporting as per sap best practices?

product placement is utilized with the intent to: select one: a. improve the corporate image. b. generate exposure, brand awareness, and interest. c. relate the product to an event. d. deal with negative attention related to the company. e. generate exposure in various news media outlets.

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In order to increase exposure, brand awareness, and interest, product placement is used.

How can brand recognition be improved?

Make a brand that will endure.

the background of a brand.

Add value in addition to your goods.

Create items that people may share.

Participate in your community.

Give a present.

Conduct contests on social media.

Apply social algorithmic techniques.

What are the four brand awareness levels?

A brand awareness pyramid can be used to visualize the four levels of brand awareness. Zero brand awareness, recognition, brand recall, and top of the buyer's mind are the levels of brand awareness according to marketing guru David Aaker's brand loyalty pyramid.

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which one of the following statements on stock markets is incorrect? question 7 options: a) on nasdaq there are several dealers for each stock b) nasdaq is an over-the-counter (otc) market c) nyse is a physical exchange d) on nyse there are several specialists for each stock

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Nasdaq is an Over-The-Counter (OTC) market. This statement on stock markets is incorrect. As Nasdaq stocks are generally not classified as OTC because Nasdaq is considered a stock exchange.

The Nasdaq is an American stock exchange. It is ranked second on the list of stock exchanges by market capitalization of shares traded behind the New York Stock Exchange.

What is Nasdaq stand for?

National Association of Securities Dealers Automated Quotations

It's was originally an acronym for "National Association of Securities Dealers Automated Quotations" Nasdaq started as a subsidiary of the National Association of Securities Dealers, now known as the Financial Industry Regulatory Authority (FINRA).

What caused Nasdaq crash?

The cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

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In china, state control of media is high, so kfc is challenged to find ways to get its message to customers. This demonstrates one of the difficulties in crafting a global ________blank strategy.

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In china, state control of media is high, so KFC is challenged to find ways to get its message to customers. This demonstrates one of the difficulties in crafting a global marketing strategy.

What global strategy does KFC use?KFC segments the market based on demographics to better meet customer needs. Most consumers are teenagers and young adults. Previously, comparable menus were served everywhere. They were therefore employing a non-differentiated targeting approach.With more than 22,000 locations globally, KFC is a significant participant in terms of international growth. Localization is a key component of their worldwide marketing strategy; each country where KFC has restaurants has a menu that has been specifically tailored to the locals' distinct tastes and preferences.The market is divided into several geographic units, such as states, nations, regions, cities, countries, or neighborhoods. KFC does business abroad and has a lot of locations in different nations. KFC sells its products in accordance with the customers' geographic needs on a global scale and in a quantifiable way.

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which term refers to the money that an employer and employee have placed in the employee's pension fund that cannot be forfeited for any reason?

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Vest funds is the term refers to the money that an employer and employee have placed in the employee's pension fund that cannot be forfeited for any reason.

Owning a retirement plan is referred to as "vesting." This means that every year, a specific portion of each employee's account in the plan will vest, or become their property. If an employee has full ownership of their account balance, the employer is not permitted to lose it or take it away for any reason. Employees who are paid their account balance (for instance, upon termination of employment) or who do not work more than 500 hours per year for five years may lose amounts that are not vested.

A person has the right to the full amount of a benefit if they are completely vested, most frequently employee perks like stock options, profit sharing, or retirement benefits. Employees frequently receive annual benefits that must be completely vested, but these benefits are only transferred into the employee's possession in accordance with a vesting schedule.

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ar supply locates its global manufacturing in mexico, its global distribution in indonesia, and its design in italy. by dispersing different stages of its value chain to those locations around the world where the value added is maximized or where the costs of value creation are minimized, ar supply has created a(n)

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Global web. Worldwide websites offer a wide range of language options in order to support a global marketing strategy and expansion.

A global website can be anything from a straightforward home page that is available in all the main languages to a comprehensive plan that links together a number of sites that are each suited to a particular language market. Setting up a procedure to provide an several website languages is a crucial first step for more broadly approaching international markets. A localization strategy must be in place for each major language market to establish guidelines for tone, visuals, branding, the type of content that must be included, and user interface (UI) designs that are adaptable enough to account for variations in text length, character sets, and other design factors. Internationalization, which is the act of designing information from the outset to be simpler to translate into many languages, is one procedure that can substantially simplify these difficult problems. This entails educating content producers to steer clear of regional slang, offensive imagery, and any other features that might be OK in one language but not another. This is called Global website.

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Paralegals and attorneys perform many of the same tasks. However, the average salary for an attorney is much higher than that of a paralegal. Why might this be?.

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The fact that only attorneys are permitted to handle case files, however, may explain why the typical attorney compensation is far greater than that of a paralegal.

How are lawyers and paralegals different from one another?

Compared to an attorney, a paralegal has a much less extensive legal education. They frequently only need an associate's or bachelor's degree, unlike attorneys who must pass far more challenging exams. Paralegals cannot do legal business on their own. They must always be overseen by an experienced attorney.

Should a paralegal carry out duties normally carried out by an attorney?

An attorney's responsibilities and those of a paralegal are extremely similar (this is the key benefit of hiring a paralegal). For instance, paralegals commonly carry out the following actions on behalf of their supervising attorney: Taking care of client communications and updating clients on the progress of their cases.

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Answer:

C. Only attorneys are allowed to handle case files.

Given a stock index with a value of $1,125, an anticipated dividend of $33, and a risk-free rate of 4%, what should be the value of one futures contract on the index?.

Answers

The fair value of a futures contract is the price of the contract that is neutral between a stock buyer buying on a physical exchange and actually buying the stock and agreeing to buy the futures contract.

An index futures contract is a legally binding contract between a buyer and a seller that tracks the price of the underlying stock of the index. It allows traders to buy and sell contracts on financial indices and settle at a later date. A futures lot size is the minimum ticket size of a stock that can be traded on a futures contract. When trading futures and options, these instruments may only be bought or sold in at least 1 lot or multiples of the lot size. For example, Nifty's lot size is 75 units, so Nifty can only trade in multiples of 75.

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which of the following does not describe a futures contract? group of answer choices traded competitively on organized exchanges. traded by bank dealers via a network of telephones and computerized dealing systems. standardized amount of the underlying asset. standardized deliver dates.

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A futures contract is not traded by bank dealers using a telephone network and electronic dealing systems.

What is futures contract?

A specific commodity asset or security will be purchased or sold under a futures contract at a specified price and future date. Futures exchanges like the CME Group are where futures contracts, or simply "futures," are traded. To trade futures, a brokerage account must be approved.

One of a futures contract's characteristics is that it is exchange-traded. While others are not related to futures contracts, this is a true statement. In contrast to forward contracts, future contracts are exchanged on exchanges.

Equity futures, index futures, commodity futures, currency futures, interest rate futures, VIX futures, and other types of futures contracts are among the various types of futures contracts. All futures products share the same basic idea.

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What causes low customer retention?.

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Poor customer service - 82% percent people had abandoned a firm due of poor customer support. Customer dissatisfaction - 53% of clients changed companies because they considered unappreciated.

Retail consumer loyalty recovered in 2022, with much more customers saying that they want to purchase with the same business on a constant basis. Although price is a significant element influencing client loyalty, the majority of customers place a higher value on convenience and ease of purchasing.

Whenever an employee quotes a figure that is significantly higher than the organization's budget and refuses to compromise, retention becomes a challenge. The organization must consider the interests of all employees and therefore can afford to irritate them.

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Paris 21 co. Sold land to its 100% owned owned subsidiary. If the land is sold for a gain, from the consolidated view, when does paris 21 co recognize the gain? g

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To calculate the income statement NCI, multiply the subsidiary's net income by the NCI percentage.

Example: If an organization owns 70% of his subsidiary, a minority partner owns 30% of him, and the subsidiary has a net income of $1 million. Non-controlling interest is calculated as $1 million x 30% = $300,000. A non-controlling interest (NCI) is an ownership interest of less than 50% in a company that gives investors little control over how the company operates due to the equity interest they hold. The voting percentage is used to determine if an investor has her NCI. Consolidated financial statements are prepared by each parent company that owns one or more subsidiaries.

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child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer.

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The child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer. The statement is true.

What is a taxpayer?

A tax is referred to a certain amount that is collected by the government of any country from its citizens which is later on used in the development process. That individual who pays tax is called a taxpayer.

If the relative is a child (under age 19) of the taxpayer, childcare expenditures made to that relative are not eligible for the credit for child and dependent care expenses.

Therefore, the statement is True.

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child care payments to a relative are not eligible for the credit for child and dependent care expenses if the relative is a child (under age 19) of the taxpayer. State true or false.

betagamma inc. booked $120,000 in net income and interest expenses of $20,000 over the past year, facing a tax rate of 14%. if betagamma was instead financed entirely with equity, what would its net income be?

Answers

According to the given information, The Net income of Betagamma inc. would be $137,200.

Instead, if Betagamma were fully funded by equity, there would be no debt, and as a result, there would be no interest expense.

Net income is the same as profit after tax (PAT)

PAT = Profit before tax (i.e. PBT) × (1 - tax rate)

∴ PBT = PAT ÷ (1 - tax rate)

  = $120,000 ÷ (1 - 0.14)

  = $120,000 ÷ 0.86

  = $139,534.88

Since, there is no interest expense, it is added back. Therefore, revised PBT = $139,534.88 + $20,000 = $159,534.88

Net income if fully financed by equity = $159,534.88 × (1 - 0.14)

                                                              = $159,534.88 × 0.86 = $137,200

($22,334.88 - $19,534.88) represents an increase in tax expenses of $2,800. This is because both equity- and debt-financed financing offers an interest tax protection. Full equity financing does not offer a tax break on interest expenses.

Tax shield on interest = Interest expense × tax rate

                                    = $20,000 × 14% = $2,800

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sport economists call the systematic steering of minorities to specific positions on the field or within the coaching ranks as role discrimination?

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'sport economists call the systematic steering of minorities to specific positions on the field or within the coaching ranks as role discrimination is called Redlining.

In the United States, redlining is the discriminatory practice of withholding services from potential customers living in areas classified as "dangerous" for investment. These areas are home to large numbers of racial and ethnic minorities and low-income residents.

Redlining is a discriminatory practice that denies access to services (financial or otherwise) to residents of certain areas based on race or ethnicity.

Redlining is an illegal practice whereby lenders avoid providing services to people living in communities of color because of their race or national origin.

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in a market where supply and demand are equally elastic, producers and consumers will share equally the burden of a tax because

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In a market where supply and demand are equally elastic, producers and consumers will share equally the burden of a tax because both have equal ability to change their behavior in response to the tax.

In contrast to manufacturers, they cannot make their personal meals. To get power, they devour plants or other animals, whilst some eat each. Scientists distinguish among numerous styles of clients. Primary consumers make up the second trophic stage. They are also called herbivores.

Customer behavior is prompted by way of many factors which includes state of affairs, psychological, environmental, and advertising elements, non-public elements, own family, and tradition. Agencies try to collect records so as to make decisions on how they can reach their target market in the greenest way.

A patron wants is a need that motivates a patron to buy a product or service. The need may be regarded (i.E., the consumer can position it into phrases) or unknown, and is the ultimate thing that determines which solution the purchaser purchases.

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which of the following is not a source of secondary data? select one: a. u.s. government documents and web sites. b. corporate annual reports. c. published survey results conducted by marketing research companies about a particular industry. d. online reference guides. e. a focus group that you would like to commission.

Answers

Answer:

Maybe D I am not sure. Hope this helps!!!

The credit risk to a financial institution from investing in mortgage-backed securities representing subprime mortgages is ____ that of mortgage-backed securities representing prime mortgages.
a. equal to
b. slightly less than
c. more than
d. substantially less than

Answers

The credit risk to a financial institution from investing in mortgage-backed securities representing subprime mortgages is more than that of mortgage-backed securities representing prime mortgages.

A pool of mortgages serves as the collateral for mortgage-backed securities, or MBS. In essence, this is a transfer of credit risk from the originating bank, which is usually the principal lender, to the investment bank. bonds where loans for homes and properties serve as collateral for interest and principal payments.

Mortgages are loans, whereas mortgage-backed securities are financial products that resemble bonds. To cover the federal government's deficits, the U.S. Treasury has issued these long-term debt instruments.

Hence the correct option is C

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which act allows trademark owners to challenge foreign cybersquatters who might otherwise be beyond the jurisdiction of u.s. courts?

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ACPA act gives trademark owners the chance to confront international cybersquatters who would otherwise be outside the reach of American courts.

The American College Personnel Association (ACPA) – headquartered in Washington, D.C. at the National Center for Higher Education, is the superior inclusive pupil projects union that advances scholar affairs and engrosses juniors for a period of knowledge and finding.

ACPA molds universities by forming and giving effective knowledge, shaping precariously thoughtful practice, and campaigning for impartial and all-encompassing knowledge atmospheres. The term cybersquatting refers to the unlawful enrollment and use of Internet rule names that are alike or similar to trademarks, duty marks, association names, or individual names.

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bilal is interviewing for an it specialist position at a technology firm. his interviewer informs him that he will ask him a series of standardized questions that are being asked of every applicant interviewing for the same position. this can best be described as what type of interview?

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He is informed by the interviewer that he would be asked a series of standard questions that are asked to every candidate being interviewed for the same post is Interview style without direction

Explain about the Nondirective interview?

Nondirective The interviewer uses open-ended inquiries to get general direction while letting the candidate steer the conversation. Open-ended or non-directive questions are intended to compel the applicant to elaborate freely and in length on their knowledge, abilities, or experiences that are pertinent to the position.

having to do with, or being psychotherapy, counseling, or interviewing in which the counsellor does not interpret or explain but instead motivates the client to speak freely (for example, by repeating phrases).

Unstructured interviews are a type of data gathering that rely on participants being questioned in order to get information about a subject. Unstructured interviews, sometimes referred to as non-directive interviewing, have no predetermined format and questions are not prearranged

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what is the one thing that should be on all easily mistakable food items in the kitchen? a the quantity b the nutritional info c the cost d the common name

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The common name is the one thing that should be on all easily mistakable food items in the kitchen.

Meals, substance consisting basically of protein, carbohydrate, fats, and other vitamins used within the body of an organism to maintain increase and crucial tactics and to supply power. The absorption and utilization of food through the frame is fundamental to nutrients and is facilitated with the aid of digestion.

Food is any substance fed on to provide nutritional help for an organism. food is generally of plant, animal, or fungal beginning, and contains vital nutrients, which includes carbohydrates, fats, proteins, vitamins, or minerals.

Foods provide nutrients so we will develop and be energetic and healthful

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crystal created a virtual prototype of her new line of athletic wear on a website to show to consumers. crystal will ask consumers what they think of the clothing. which is the most important question that crystal should ask? will retailers purchase the swimwear if it becomes available? in which season should we introduce the product? what promotional plan will work best? what wholesale price should be charged? what retailers should be used to sell the swimwear?

Answers

Crystal should ask , Will retailers purchase the swimwear if it becomes available?

What is Swimsuit?

A swimsuit is a piece of clothing made to be worn by individuals participating in sun- and water-related activities, such as sunbathing, swimming, diving, and water sports.

Children, women, and men can all wear a variety of styles. Other names for a swimsuit include swimwear, bathing suit, swimming costume, bathing costume, swimming suit, swimmers, swimming togs, bathers, cossie (short for "costume"), or swimming trunks for males. Some of these names are only used in certain places.

Swimwear can also be worn to draw attention to one's physical features, as in bodybuilding competitions or beauty pageants, as well as in glamour photography and publications like the annual Sports Illustrated Swimsuit Issue that features models and athletes in swimsuits.

There is a very wide range of styles of modern swimsuits available, which vary as to body coverage and materials. The choice of style may depend on community standards of modesty, as well as current fashions, and personal preferences.

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Peter and wendy are co-owners of the canadian firm, tick tock airlines. Peter borrows money to build airplanes in quebec. Wendy borrows money to build airplanes in england. How does this affect the market for loanable funds in canada?.

Answers

Wendy and Peter jointly operate the Canadian company Tick Tock Airlines. Wendy increases the amount of loanable money after Peter increases the amount available for borrowing.

What is a loan?

A loan is a type of debt that a person or other entity incurs. The lender advances the borrower a certain amount of money, typically on behalf of a business, financial institution, or government. The borrower accepts a specific set of terms in return, which may include any financial costs, interest, a repayment schedule, and other requirements. Money borrowed from a bank or other financial organisation is known as a loan. The borrower consents to repay the loan's principle plus interest. There are many different kinds of loans, such as auto loans, student loans, and mortgages. A credit is when a bank gives a customer a certain amount of money, as opposed to a loan, which delivers all the desired money at once when it is provided.

Hence, Wendy increases the amount of loanable money after Peter increases the amount available for borrowing.

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if a buyer has given the broker a signal that the buyer is ready to make an offer, what should the broker do to get the buyer to make the offer?

Answers

Act as if the buyer has made up their mind to make an offer. A buyer wants to have the offer reviewed by a lawyer.

What happens when an offer is made on a home?

You'll also need money to pay for a few more immediate expenses in addition to the down payment. Along with your offer, you must deposit earnest money. The deposit is normally between one and three percent of the house's asking price. By putting down a deposit, you may show the seller that you're committed to buying their home.

What is the name of the contract to buy a house?

An offer to acquire real estate, also known as a real estate purchase contract or a residential purchase agreement, is a contract in which the seller(s) and the buyer are both named (s),

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if the price elasticity of demand is 2 and a firm raises its price by 10 percent, the total revenue will

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If a business raises its price by 10% and the price elasticity of demand is 2, the quantity of revenue will stay the same.

The proportion of the change in price to the change in the quantity required is known as the price elasticity of demand. The price elasticity of demand is typically negative because of the downward slope of the demand curve.

The availability of substitutes, the degree to which the good is a luxury or a necessity, the percentage of money spent on purchases, the length of time since the price change, and the total amount of money spent on purchases are the four elements that influence price elasticity of demand.

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in the start-up stage of the industry life cycle a. it is difficult to predict which firms will succeed and which firms will fail. b. industry growth is very rapid. c. firms pay a high level of dividends. d. a and b. e. b and c.

Answers

In the start-up stage of the industry life cycle it is difficult to predict which firms will succeed and which firms will fail, also industry growth is very rapid.

Due to a lack of familiarity with the features and capabilities of the new product at this early stage, client demand is constrained. Due to the significant initial capital spent in technology, equipment, and other fixed costs, startups are more likely to earn no or very little revenue and have negative cash flows and profitability. Therefore, option A and B mark the correct choice.

The different stages in which enterprises function, advance, and decline within an industry are depicted by an industry life cycle. Startup, growth, shakeout, maturity, and decline are the five stages that commonly make up an industry life cycle. Some of these stages can last for months, while others can last for years.

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