To convey his best wishes to Jonathan for a meeting scheduled later in the day, the business document that would be most appropriate in this scenario would be an email.
Answer:
(a) rr: 1/3, cr: 0.5, m:1.8 M: 1800
(b) 1500
(c) 200
Answer:
C) As an other financing source in the debt service fund and as an other financing use in the capital projects fund.
Explanation:
The options are missing:
- A) As a revenue in the debt service fund and as an expenditure in the capital projects fund.
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B) As an other financing source in the capital projects fund and as an other financing use in the debt service fund.
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C) As an other financing source in the debt service fund and as an other financing use in the capital projects fund.
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D) As a special item in both the debt service and capital project funds.
Other financing sources is an account used by governments to record non-operating revenues and expenditures. The debt service fund is the money that the government has set aside to pay for its outstanding bonds. The capital projects fund is the account used by the government to record expenses related to certain projects.
Answer:
The answer is below
Explanation:
i) The price elasticity of demand is given by the formula:

Since the price elasticity of demand is greater than 1 hence it is elastic
ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.
iii)

Since the price elasticity of demand is greater than 1 hence it is elastic
Answer:
a. project A; because its NPV is about $335 more than the NPV of project B.
Explanation:
As in the question it is mentioned that the required rate of return for project A and project B is 11.25% and 10.75% respectively.
Here we have to determined the net present value for both projects having different required rate of return
So based on the net present value the first option is correct as the project A is more than the project B
Therefore the first option should be accepted