Astudy of about 1,800 u. s. colleges and universities resulted in the demand equation q = 9,600 − 2.4p, where q is the enrollment at a college or university, and p is the average annual tuition (plus fees) it charges. (a) the study also found that the average tuition charged by universities and colleges was $2,900. what is the corresponding price elasticity of demand? (round your answers to two decimal places.) is the price elastic or inelastic? elastic inelastic should colleges charge more or less on average to maximize revenue? (b) based on the study, what would you advise a college to charge its students in order to maximize total revenue?

Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?