Answer:
B
Explanation:
Elasticity of demand is the degree of responsiveness of the quantity demanded of a commodity to change in the price of the commodity.
It is of 3 types
1. Price elasticity of demand
2. Income elasticity of demand
3. Cross elasticity of demand
Answer:
D1 = 2.39
Explanation:
Expected Dividend can be found out by solving the following equation attached in the image.
In the formula D1 = expected dividend, Gs = 26%, Gm = 16%, gL = 7%, r =12%
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Answer:
1144.95$
Explanation:
375.40 was given every week so multiply by 3 and I got 1126.20.. now annually is the key work and annually means per month so I divide 22500 by 12 and got 18.75. last, I added 18.75 a d 1126.95 and got 1144.95!! Hoped explained well!!
Answer:
$20,600
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of the asset.
Depreciation is a non-cash item in the income statement as the actual cash spent for the purchase of the asset would have been capitalized in the balance sheet.
Hence the total cash disbursements budgeted for operating expenses for the month of January would not include depreciation.
Total cash disbursements budgeted for operating expenses for the month of January
= $15,000 + $12,000 + (4% × $90,000)
= $15,000 + $12,000 + $3,600
= $20,600