Answer:
The cafe is small enough so a middle manager is not required for maintenance as it can be maintained as a flat organization.
Explanation:
It has least number of employees. Hiring a middle manager will increase cost for the restaurant.
This is possible because both products have the same allocation of raw materials, costs, and labor. <span> There wouldn't be any conflict with the change. </span><span> In business, this is called joint product. </span><span>This has been a business practicality measure for better costs planning and production. </span>
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr 15,900
To Notes Receivable A/c $15,000
To Interest Revenue A/c $900
(Being cash is collected with respect of notes receivable and interest revenue)
For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account
Answer:
The correct answer is option a.
Explanation:
The initial price of movie rentals is $3.25.
The initial quantity is 100.
The price falls to $3.
This causes demand to rise to 120.
The price elasticity of demand a ratio of change in quantity demanded to change in price level.
The elasticity is calculated at -2.25, through the process given in images.
The price elasticity of demand here is greater than 1 which means it is elastic.
So, option a is the correct answer.
Answer:
A) the probability that the asset will pay well is 51.16% and the probability that it pays poorly is 48.84%.
B) She should not invest in the asset because the expected value = the price asset, there is no expected profit.
Explanation:
There are 2 probable returns:
- Asset will pay well = P = $45,000
- Asset will pay poorly = 1 - P = $2,000
since the principal = $20,000, and the expected value = $20,000, the expected value equation would be:
45,000p + 2,000(1 - p) = 20,000
45,000 + 2,000 - 2,000p = 20,000
43,000p = 22,000
p = 0.5116 or 51.16%
1 - p = 48.84%
