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Reptile [31]
2 years ago
12

Ashley received a raise at work that increased her monthly income from $1,000 to $1,250. Last year, Ashley bought 20 slices of c

heesecake for her birthday party. Due to her increase in income, she is able to buy 24 slices for her birthday this year. Using the mid-point formula, the income elasticity is _________ and the cheesecake slices are __________ goods.
Business
1 answer:
zysi [14]2 years ago
8 0

Answer:

0.8; normal

Explanation:

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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel P
svlad2 [7]

Answer:

E-travel-1.15

Pricecheck-0.38

Explanation:

Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.

Debt to equity=total liabilities/equity

E-Travel:

total liabilities is $2,854,475

total equity $2,482,681

debt-equity ratio=$2,854,475/$2,482,681=1.15

Debtholders provided more capital funding than the stockholders

Pricecheck:

total liabilities is $472,610

total equity is $1,257,614

debt-to-equity ratio=$472,610/$1,257,614 =0.38

4 0
2 years ago
With the decline of fuel price globally, airline companies continue to reap the benefits. What impact will this have an Emirates
Assoli18 [71]

Answer: It wouldn't have any impact on Emirates business strategy in the future as Emirates 26years long plan has helped them to be at the very top of their game with continuous profit

Explanation:

It wouldn't have any impact on Emirates business strategy in the future as Emirates 26years long plan has helped them to be at the very top of their game with continuous profit. The company's human resource are lean already and they are cost effective making them to be ahead of the competitors

5 0
1 year ago
A bond with a coupon rate of 7% makes semiannual coupon payments on January 15 and July 15 of each year. The Wall Street Journal
VladimirAG [237]

Answer:

The invoice price of the bond will be $100,127.88

Explanation:

Bonds are nothing but the debt instrument which a company uses to raise capital from the general public, these bonds can be of both short and long term period.

In the question it is given that bond has a coupon period of 182 days which means the bond is of short term period. Coupon rate of 7% means the bond gives the interest of 7% to its holder semiannually every year on January 15 and July 15.

It is given that the ask price for the bond on January 30 is 100.125 percent on par value of the bond which we are assuming to be $1000, which means the ask price is

$1000 X 100.125 = $100,125    ( ASK PRICE)

now we have to calculate the interest, remember the semiannually payment of interest has already been made on January 15 which means we have to find interest for only 15 days which will be taken out on par value

INTEREST = $1000 x 7% x 15 / 30

                 = $1000 x .07 x 1/ 2

                 = $35

INVOICE PRICE = INTEREST X \frac{TOTAL \: NUMBER \: OF \: DAYS}{COUPON \: PERIOD}   + Ask price

        =  $35 X 15 / 182

        = $2.884

Now adding this amount in to ask price

$100,125 + $2.884

= $100,127.88  ( INVOICE PRICE)

7 0
2 years ago
The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. the
Arturiano [62]

The most desirable bundle of rights in time-sharing gives the buyer privileges to rent or sell the interest in the property. These rights are known as Livery of Seisin. Livery of Seisin refers to owning something and having the right to sell it. When a consumer owns a time-share, they have the rights to rent or sell the property during their allotted time during the year they have the property.

6 0
2 years ago
Read 2 more answers
A small company estimating its photocopying expenses finds that the mean number of copies made per day for the past 12 months is
IRINA_888 [86]

Answer:

The answer is: D) On average, the number of copies made each day was about 24 copies per day away from the mean, 258.

Explanation:

Mean: to calculate the mean of an statistical sample, you add all the data points and then divide by the total number of points, in other words is the average value.

Standard deviation: measures how spread out the values are from the sample's mean. The larger the standard deviation, the more spread out the values.

5 0
2 years ago
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