If the demand curve for a new brand of golf balls has the following two points on it, p1 = $15, q1 = 1,200 and p2 = $25, q2 = 800, which of the following statements is correct?
l) the price elasticity of demand is .8
ll) the price elasticity of demand is 2.0
lll) the price elasticity of demand is -1.5
lv) the demand is inelastic
v) the demand is elastic
a) only iii and iv are correct.
b) only ii and v are correct.
c) only ii is correct.
d) only iii and v are correct.
e) only i and iv are correct.

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

What is the equity method balance in the investment in lindman account at the end of 2018?

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4