harry, the local sandwiches r us manager, wanted to increase sales. he decided to raise the price of their most popular sandwich, the tuna on rye bread, by 75 cents to $4.25. a month later, when he compared the most recent month sales to the previous month, he saw that dollar sales for tuna on rye went up by 10% and he was satisfied with the results. calculate the price elasticity of demand for the store’s tuna on rye.
Answers: 1
Business, 21.06.2019 17:30
If you want to compare two different investments, what should you calculate
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Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
Business, 23.06.2019 16:30
Circuittown commenced a gift card program in january 2018 and sold $12,150 of gift cards in january, $19,150 in february, and $18,100 in march of 2018 before discontinuing further gift card sales. during 2018, gift card redemptions were $7,850 for the january gift cards sold, $4,350 for the february cards, and $4,250 for the march cards. circuittown considers gift cards to be “broken” (not redeemable) 10 months after sale. required: 1. how much revenue will circuittown recognize with respect to january gift card sales during 2018? 2. prepare journal entries to record the sale of january gift cards, redemption of gift cards (ignore sales tax), and breakage (expiration) of gift cards. 3. how much revenue will circuittown recognize with respect to march gift card sales during 2018? 4. what liability for deferred revenue associated with gift card sales would circuittown show as of december 31, 2018?
Answers: 2
harry, the local sandwiches r us manager, wanted to increase sales. he decided to raise the price of...
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