Answer:
Income elasticity of demand is an economic measure of how responsive the quantity demand for a good or service is to a change in income. The formula for calculating income elasticity of demand is the percent change in quantity demanded divided by the percent change in income.
what are the three elements of business equipment and resource?
Explanation:
No matter how bold or ambitious your plans are to grow your business, the key to your business's success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.
A corporation makes an investment of $20,000 that will provide the following cash flows after the corresponding amounts of time: Year 1 - $10,000 Year 2 - $10,000 Year 3 - $2,000 a. Should the company make this investment? b. What is the net present value at a 7 percent discount rate? Round your answer to two decimal points.
A) The company should not invest in the provided project due to the negative NPV of the project.
B) The NPV of the project comes out to be (286).
What is NPV?NPV is an abbreviated form of Net present value and computed by deducting the cash outflows from cash inflows at the present value.
Given values:
Cash flow of year 1: $10,000
Cash flow of year 2: $10,000
Cash flow of year 3: $2,000
Cash outflow (cost of investment) =$20,000
Step-1 Computation of PV of cash inflows of every year:
PV of year 1 = Cash inflow of year 1 / (1+ interest rate)^ 1
= $10,000 / (1+0.07) ^ 1
= $10,000 X 0.934579
= $9,346
PV of year 2 = Cash inflow of year 1 / (1+ interest rate)^ 2
= $10,000 / (1+0.07) ^ 2
= $10,000 X 0.873438
= $8,735
PV of year 3= Cash inflow of year 1 / (1+ interest rate)^ 3
= $2,000 / (1+0.07) ^ 2
= $2,000 X 0.816297
=$1,633
Step-2 Computation of total amount of PV of cash inflows:
[tex]\rm\ PV \rm\ of \rm\ cash \rm\ inflows = \rm\ PV \rm\ of \rm\ year \rm\ 1 + \rm\ PV \rm\ of \rm\ year \rm\ 2 + \rm\ PV \rm\ of \rm\ year \rm\ 3\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$9,346 + \$8,735 + \$1,633\\\rm\ PV \rm\ of \rm\ cash \rm\ inflows =\$19,714[/tex]
Step-3 Computation of NPV:
[tex]\rm\ NPV=\rm\ PV \rm\ of \rm\ cash \rm\ inflows- \rm\ Cost \rm\ of \rm\ investment\\\rm\ NPV=\$19,714-\$20,000\\\rm\ NPV=\$ (286)[/tex]
Therefore, the NPV comes out to be a negative amount of 286, and hence, the company should not accept the project.
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Which of the following is a disadvantage of a questionnaire?
Questionnaires are quick and easy to administer.
People usually answer honestly on questionnaires.
Questionnaires yield very little data.
The sample of individuals who respond may not be representative of the population.
The sentence that shows the disadvantage of a questionnaire is option D. The sample of individuals who respond may not be representative of the population.
What is a questionnaire?A questionnaire is a set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.
Therefore, the correct answer is option D. The sample of individuals who respond may not be representative of the population.
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Answer: D. The sample of individuals who respond may not be the representative of the population.
Explanation: This answer makes the most sense, since there is always a chance that the subjects filling out the questionnare are different than the general age group/ race group/ etc. of the larger population.
Proof of validity is shown below.
Which of the following event occur with a probability zero
Answer:
getting a free beer
Explanation:
A building's owner pays a property manager in 81/2% commission based on the units annualized rent for each new tenant last year the manager signed five new tenants 3 at $795 per month one at $1,200 per month and one at $900 per month what was the total amount of the property managers new tenant commissions for that year?
Commission paid by the building owner to the property Manager for the new tenant is $4575.
What is a Commission?A brokerage receives compensation for delivering a customer who signs a lease by way of a rental commission. Frequently, rental commissions are stated as months of rent or as a percentage of the annual rent.
The calculation for the Commission of Property Manager:
Commission = Total annualised rent x percentage of Commission
= (795 x 12 x 3 + 1200 x 12 + 900 x 12) x 8.5%
= 53820 x 8.5% = $4,575
Commission for the property manager = $4,575.
Thus, a rental commission, a brokerage is paid for bringing a consumer who signs a lease. The commission for the property manager is $4,575.
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West Co. recorded the following inventory information during the month of February:
Units Unit cost Total cost Units on hand
Balance on 2/1 800 $2 $1,600 800
Purchased on 2/8 1,000 3 3,000 1,800
Sold on 2/14 1,500 300
Purchased on 2/17 2,000 1 2,000 2,300
Sold on 2/23 1,600 700
Purchased on 2/28 800 4 3,200 1,500
West uses the FIFO method to cost inventory. What amount should West report as cost of goods sold at the end of February under each of the following methods of recording inventory?
Perpetual Periodic
A.
$3,900 $3,900
B.
$3,900 $5,900
C.
$5,900 $3,900
D.
$5,900 $5,900
The correct option is C. The valuation of the cost of goods sold which is recorded in its book as $5,900 and stock available for sale is $3,900 under the FIFO method.
Why is the FIFO method used for Inventory Valuation?FIFO will enable you to claim a higher average cost-per-piece on newer inventory, which can help you save money on taxes if your inventory costs are declining over time. Because it assumes that older products are no longer in use, FIFO does not necessitate as much documentation as LIFO.
Calculation Cost of Goods Sold (COGS) under FIFO Method:
COGS = 800 x 2 + 700 x 3 + 300 x 3 + 1300 x 1 =
COGS = $5,900
The calculation for Stock available for Sale:
Stock available for Sale = 700 x 1 + 800 x 4
Stock available for Sale = $3,900
Thus, the Cost of Goods Sold is $5,900, and the stock available for sale is $3,900 under the FIFO method.
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Virtual groups resolve issues related to differences in time, distance, technology, member cultures, and organizational environments during the _____ stage of virtual team formation.
The issues on differences in time, distance, technology, member cultures, and organizational environments are address during the storming stage of virtual team formation.
What is the virtual team formation?In a task processes category, the formation consists of five stages which all the virtual teams typically follows which includes forming, storming, norming, performing, and adjourning.
In conclusion, the issues on differences in time, distance, technology, member cultures, and organizational environments are address during the storming stage of virtual team formation.
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A television campaign is conducted during the football season to promote a well-known brand X shaving cream. For each of several weeks, a survey is made, and it is found that each week, 60% of those using brand X continue to use it and 40% switch to another brand. It is also found that of those not using brand X, 40% switch to brand X while the other 60% continue using another brand. a) Draw a transition diagram. b) Write the transition matrix. c) If 10% of the people are using brand X at the start of the advertising campaign, what percentage will be using it 1 week later?
The transition diagram is given in the attached image. See the definition of a transition diagram below.
What is a transition diagram?
A specific type of flowchart used for language analysis is called a transition diagram.
The boxes of the flowchart are represented as circles and are referred to as states in the transition diagram.
What is the Transition Matrix?
The transition matrix is given as follows:
[tex]\left[\begin{array}{cc}0.6&0.4\\0.4&0.6\end{array}\right][/tex]
If 10% of the people are using brand X at the start of the advertising campaign, what percentage will be using it 1 week later?If 10% of the people are using Brand X, then 90% are not using brand x. thus the initial state matrix is:
S₀ = [ 0.1, 0.9]. Thus one week later, the state matrix is:
S₁ = S₀P = [0.1, 0.9] * [tex]\left[\begin{array}{cc}0.6&0.4\\0.4&0.6\end{array}\right][/tex]
c11 = 0.1 x 0.6 + 0.9 x 0.6 = 0.6
c12 = 0.1 x 0.4 + 0.9 x 0.4 = 0.4
Hence
S₁ = [0.6, 0.4]
This means that the percentage that will be using it 1 week later is:
0.38 = 38%
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which of the following is the process of coming up with something new? a. Innovation O b. O Business Model c. Creativity d. Design. which of the following is the process of coming up with something new ? a . Innovation O b . O Business Model c . Creativity d . Design .
Innovation is the process of creating something new. Hence, choice A is right.
What do you mean by innovation?
Innovation is the process of coming up with a fresh concept or creating a good or service that has a market value that customers are willing to pay for and meets their requirements and expectations.
Design innovation is a technique used to generate innovation. It focuses on meeting human requirements with available technology and developing a workable business plan to capitalize on this market opportunity.
Hence option A is correct.
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Which of the following statements is true about the total production of health and the marginal return on new health production in developed nations? Group of answer choices Low total production of health and high marginal return. High total production of health and high marginal return. Low total production of health and low marginal return. High total production of health and low marginal return.
The amount of production health and its marginal return will lead to higher in the countries which are developed.
Option B is the correct answer.
What is production?Production is a process where an entity changes the raw materials into a saleable product through the use of machinery.
In developed countries, the production of health, that is, the relation between the inputs of health and the health of individuals and the marginal return on new production, means, additional returns would be both higher due to advancements in technology and infrastructure.
therefore, there should be higher marginal return as well as higher production health in the developed nations.
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Algorithmic tasks are easier to automate than phronetic tasks.
,○ True
○ False
Algorithmic tasks are easier to automate than phronetic tasks. Therefore it's false.
What are algorithm tasks?It should be noted that algorithmic tasks simply means tasks where one follows a set of prices to achieve a result.
In phronetic tasks, the main goal is to clarify values as power as a basis for praxis.
In this case, it's complicated than algorithm task.
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What reason hot water in house not working?
Explain the competitive structure of the community
The competitive structure of the community simply entails how individuals compete with each other for survival.
What is a community structure?It should be noted that a community structure is the internal structure of a neighborhood or an area.
In this case, the competitive structure of the community simply entails how individuals compete with each other for survival. They also compete for resources.
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why is the website so terrible
Please answer the following questions:
1. Maple, a highly motivated entrepreneur plans on applying for a business loan from Bank of
America. She finds out that the percent change in price of business loans increased to 5% last
month. This resulted in a 50% percent change in quantity demanded from 1000 applicants to 500
applicants. What is the business loan's price elasticity?
The price elasticity of the loan taken by the entrepreneur comes out to be 10.
What is the price elasticity of demand?
The price elasticity of demand is an indicator used to determine the sensitivity of demanded quantity with respect to its corresponding price.
Given values:
Change in quantity demanded: 50%
Change in price: 5%
Computation of price elasticity of demand:
[tex]\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{\rm\ Change \rm\ in \rm\ quantity \rm\ demanded}{\rm\ Change \rm\ in \rm\ price} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=\frac{50\%}{5\%} \\\rm\ Price \rm\ elasticity \rm\ of \rm\ business \rm\ loan=10[/tex]
Therefore, when the change in quantity demanded is 50% with the change in the price is 5%, then the price elasticity of a business loan is equal to 10.
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Bosco Corp. is considering a new product that would require an investment of ₦10 million now, at t = 0. If the new product is well received, then the project would produce after-tax cash flows of ₦5 million at the end of each of the next 3 years (t = 1, 2, 3), but if the market did not like the product, then the cash flows would be only ₦2 million per year. There is a 50% probability that the market will be good. The firm could delay the project for a year while it conducts a test to determine if demand is likely to be strong or weak. The project's cost and expected annual cash flows would be the same whether the project is delayed or not. The project's WACC is 10.0%. Calculate the value (in thousands) of the project before and after considering the investment timing option.
The project's value before the timing option is ₦3,268 (in thousands), while the project's value after the timing option is ₦8,954 (in thousands).
How do we calculate the value of a project?1. The value (in thousands) of the project before considering the investment timing option can be calculated as follows:
Using the formula for calculating the present value of an ordinary annuity, the present values of cash flows can be calculated as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value cash flows
P = Annual cash flows
r = WACC = 10.0%, or 0.10
n = number of years = 5
Substitute the values into equation (1), we have:
PV when the market is good = ₦5,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10) = ₦18,954
PV when the market is bad = ₦2,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10) = ₦7,582
Project's value before timing option = (Probability the market will be good * (₦18,954 - ₦10,000)) + (Probability the market will be bad * (₦7,582 - ₦10,000)) = (50% * (₦18,954 - ₦10,000)) + (50% * ((₦7,582 - ₦10,000)) = ₦3,268 (in thousands)
2. The value (in thousands) of the project after considering the investment timing option can be calculated as follows:
Since timing is considered, it means the firm will only invest in the project if the market is strong and the annual cash flow will be ₦5 million without any probability.
Therefore, we have:
Project's value after timing option = ₦18,954 - ₦10,000 = ₦8,954 (in thousands)
3. In addition, the value of option wait can be calculated as follows:
Value of option wait = Project's value after timing option - Project's value before timing option = ₦8,954 - ₦3,268 = ₦5,686 (in thousands)
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You just received an email from a coworker letting you know that some of your friends are going to get together after work and go out for dinner. What should you do with this email?
Answer:
You should reply.
Explanation:
If you're interested, then tell them that you are interested. If you aren't interested, then tell them that you aren't interested. I hope this helps!
What's the definition of user retention and why it is important?
What drives user retention?
Answer:
User retention, sometimes referred to as "cohort retention," is a crucial indicator of the development of SaaS and digital goods. The proportion of first-time users that return in future time periods is determined by looking at those users during a given time period (usually one month or one week).
Real GDP takes into account the effect of any price increases (inflation) and adjust for it. Nominal GDP doesn't adjust for inflation (price increases). True or false
This statement on the difference between Real GDP and Nominal GDP is True.
How is nominal GDP different from Real GDP?Nominal GDP refers to the final value of goods and services in a country and it is calculated using current prices in the market.
Real GDP on the other hand, takes Nominal GDP and adjusts its for inflation to see the effects of price changes on production.
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Tom was CEO of a company. He stole money from the company by writing a series of checks made out to “Cash” which he deposited in his own personal account at Bank. (Please do not try this at home.) Of course, he then spent the money. The company sued the Bank to get the money back.
Was the Bank a holder in due course?
In the given case, bank is not consider as holder in due course because here it will act as intermediary who collected amount from company's account.
What is holder in due course?A holder in due course refers to an individual who have the authority to hold the negotiable instrument in good faith.
This holder in due course will be referred to as the person who have received or given something in exchange for the instrument.
When any individual receives a gift from someone, then it will not be considered as holder in due course because he had not given any value in exchange.
So yes, in this situation when the CEO stole money from the company by writing a series of checks and withdrawing it in a personal account at the bank. Bank will be not be considered as holder in due course due to intermediary role.
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Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale?
$0
$2,500
20% of $25,000
60% of $25,000
The amount they can take as deduction for the loss on the sale of their home is; $0.
How much can they take as deduction for the loss on the sale?It follows that deductions can only be taken on losses incurred on the sale of property used for business or investment purposes.
Hence, since the item sold is their personal home, it follows that they cannot take any deduction on the loss on the sale.
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what we call the difference between total revenues and total costs
Answer:
The basic difference between total cost and revenue is that the total coat include the total expenditure incurred on the production of a commodity whereas total revenue refers to the money received from selling that commodity
If you have contacted a seller to report a problem with a product and you were ignored, what should you do next?
Discuss the concept of typosquatting.
Answer:
typos squatting is a form of cyber crime that involve hackers registering domains with divertly mispelled name of well known website hackers do this unsispecting vistas to ultimate native website typically for molecules proposes
Which approach to research is based on observing people in their own homes or communities?
Ethnography is an approach in research, where the subjects are observed in their homes and/or communities.
Ethnography is a mode of research that is largely used in the fields of Anthropology and Sociology. It is a method, wherein, the subjects of the study are not enclosed within an artificial environment, or otherwise known as a laboratory. They are studied by being observed in the environment they originate from or belong to. This method is specifically useful, while studying various cultures. It helps control the unwanted effects of being introduced in a new environment, which could alter the behavior of the subjects of the study.Therefore, it is clear that Ethnography is the approach in research, where the subjects are observed in their homes and/or communities.
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Smiley Corporation's current sales and partial balance sheet are shown below.
This year
Sales $ 10,000
Balance Sheet: Liabilities
Accounts payable $ 1,500
Notes payable $ 3,000
Accruals $ 1,400
Total current liabilities $ 5,900
Long-term bonds $ 2,000
Total liabilities $ 7,900
Common stock $ 1,500
Retained earnings $ 2,000
Total common equity $ 3,500
Total liabilities & equity $ 11,400
Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.
Based on the balance sheet of Smiley Corporation, the projected spontaneous liabilities is $3,306.
What Smiley Corporation's projected spontaneous liabilities?This can be found as:
= (1 + Growth in sales) x (Accounts payable + Accruals)
Solving gives:
= (1 + 14%) x (1,500 + 1,400)
= 1.14 x 2,900
= $3,306
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Now consider the case of Purple Panda Industries. Many of Purple Panda Industries’s customers have expanded to India. Consequently, Purple Panda Industries has decided to expand its operations to India to better serve its customers. Purple Panda Industries has decided to go global in order to:
a. Diversify
b. Retain customers
c. Protect processes and products
The correct option is A. In the case of Purple Panda expanding its operations to India that's led to Diversification.
What is the meaning of Diversification?
A growth strategy known as diversification is expanding your business into a new market or industry while also developing a new product specifically for that market.
Thus, the expansion of Purple Panda operations in Indian markets led to the Diversification of its business because it is expanding that business into a new market or industry while also developing a new product specifically for that market.
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Determine which business uses a periodic inventory method.
A. Home improvement store
B. A toy store
C. A supermarket
D. Luxury car dealership
What is the marketing term for the value of a brand
Answer:
Brand equity
Explanation:
Brand equity refers to the value a company gains from its name
recognition when compared to a generic equivalent. Brand equity
has three basic components: consumer perception, negative or
positive effects, and the resulting value.
if i am right mark as brainliest
Drag the tiles to the correct boxes to complete the pairs.
Match the characteristics to the different creditors.
Angel Investors
Asset Backed Lending
Friends and Family
Smaller Banks
Angel Investors - They invest in a company in lieu of convertible debts and shares of the company
Asset Backed Lending - They lend only when they are assured of collateral.
Friends and Family - They mostly give interest free credit to startups.
Smaller Banks - They readily give business loans to smaller business with competitive interest rates.
Angel Investor
High-net-worth individuals who support tiny companies or entrepreneurs financially are referred to as angel investors (also known as private investors, seed investors, or angel funders). These individuals often do so in exchange for ownership stock in the startup or entrepreneur's business. Angel investors are frequently found among an entrepreneur's friends and family.
Asset-based lending
Asset-based lending refers to a loan or line of credit given to a company and secured by a piece of property. Inventory, equipment, accounts receivable, and other balance-sheet assets are just a few examples of the different types of collateral utilized in asset-based lending.
An entity (person or organization) that extends credit by allowing another entity to borrow money with the intention of repaying it in the future is referred to as a creditor. Based on the fact that the client owes the company money for services already provided, a business that offers goods or services to a corporation or person but does not demand payment right away is also regarded as a creditor.
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