Possibly the answer could be “goods”
Answer and Answer
Cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes
You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD = (% Change in Quantity Demand for Good A) Ă· (% Change in Price for Good A) Therefore the problem becomes CPEoD = 10% / 5% so CEPoD = 2%
. =2%
Answer:
Company should focus on variances that total is $120,000 U
Explanation:
Given:
Variable-overhead spending variance = $50,000 U
Variable-overhead efficiency variance = $28,000 U
Fixed-overhead budget variance = $70,000 U
Fixed-overhead volume variance = $30,000 U
Computation:
The company should pay initial attention to its expenses whether it is a fixed or variable expense.
Company should focus on variances = Variable-overhead spending variance + Fixed-overhead budget variance
Company should focus on variances = $50,000 U + $70,000 U
Company should focus on variances = $120,000 U
Answer:
$28.87
Explanation:
to determine the the future value of Coolibah's stock, we can use an excel spreadsheet and the future value function =FV(rate,nper,pmt,pv,[type])
- rate = 18% / 2 = 9% = 0.09
- nper = 6
- pmt = $1.20 = 1.2
- pv = -$22.60 = -22.6
- [type] optional, not necessary
=FV(0.09,6,1.2,-22.6) = $28.87
*You can also use calculate the value of the annuity and then add it to the present value, but it is just longer, the answer is the same.
Answer:
(B) The company increases its dividend payout ratio.
Explanation:
AFN is Additional Funds needed.
For this Additional Funds needed = Expected or projected increase in assets - Expected increase in liabilities - Expected increase in retained earnings.
As with the payment of dividend the retained earnings tend to reduce, therefore with increase in dividend payout ratio there will be decrease in expected increase in retained earnings.
Which will further increase the AFN.
Therefore, the correct answer is
(B) The company increases its dividend payout ratio.
