1 . Revenue increases when A. producer surplus increases B. producer surplus decreases C. consumer surplus increases D. consumer surplus decreases Answer : A. producer surplus increases 2 . An increase in the price of an inelastic good A. decreases revenues B. decreases the percentage change in quantity less than the percentage change in price C. increases revenues D. increases the percentage change in quantity more than the percentage change in price Answer: C. increases revenues
Premium Supply and demand
the values and mission statement help to shape planning. Also give some internal and external factors that may influence the business in the future and explain how they will influence the business. Respond substantively to two other learners. 1. Dunkin’ Donuts Dunkin Donuts core and distinctive competence is the ability to market and sell baked goods and coffee. The Dunkin Donuts mission statement is“Dunkin’ Donuts will strive to be the dominant retailer of high quality donuts‚ bakery
Premium Krispy Kreme Dunkin' Donuts Doughnut
July 25‚ 2010 FIN/370‚ Week 1 assignment. o Finance Finance‚ or financial management is concerned with the maintenance and creation of economic value or wealth for a business. This includes making and dealing with financial decisions and a focus on creating wealth. o Efficient market A market in which the values of securities at any instant in time fully reflect all available information‚ which results in the market value and the intrinsic value
Premium Investment Finance
547 Taxation Date: March 24‚ 2014 Re: Week 1 Individual Assignment: Memo to Client In this memo one will include a summary of the facts‚ including the names‚ ages‚ educational background‚ and income status for Mr. and Mrs. Close and their two dependents. Looze CPA will also discuss two of the Close’s goals and concerns. This memo will also summarize the findings and key elements of the personal budget‚ balance sheet‚ and the statement of cash flow. Looze CPA will also make recommendations
Premium Income statement Asset Balance sheet
is also other information that needs to be considered during forecasting. It is not related to the switch from seasonal production to level production‚ but it has impacts on pro-forma incomes‚ balance and cash flow statement. Below is what was taken into consideration during the forecasting. 1. Operating expenses is projected to 24% of sales. This has noting to do with the two possible producing styles. 2. Tax rate is 34% 3. 7o% of the sales was generated by Polar’s
Premium Generally Accepted Accounting Principles Income statement Cash flow
Analyse the cash flow and highlight any problems that are evident such as a shortage of cash and any other cash flow problems his business might experience. (M1) In P3‚ a cash flow forecast for John Adams was created. A cash flow forecast is a simple statement showing opening balance‚ cash in‚ cash out and closing balance. Cash flow forecast are usually compiled on a month by month basis‚ for up to twelve months ahead. The exact contents of an individual firm’s cash flow forecast will depend on the
Premium Cash flow Finance Cash
Course Design Guide PRG/211 Version 4 Course Syllabus Information Systems & Technology PRG/211 Version 4 Algorithms and Logic for Computer Programming Copyright © 2012‚ 2011‚ 2010 by University of Phoenix. All rights reserved. Course Description This course provides students with a basic understanding of programming development practices. Concepts covered include the application of algorithms and logic to the design and development of procedural and object oriented computer programs
Premium Programming language Object-oriented programming
In the article “An Analysis of Patterns from the Statement of Cash Flows”‚ the writers Benton E. Gup‚ William D. Samson‚ Michael T. Dugan‚ Myung J. Kim‚ and Thawatchai Jittrapanun discuss some of the various aspects of the Statement of Cash Flows. Prior to 1987‚ the Statement of Cash Flows was not a mandatory portion of financial statements (73). On a Statement of Cash Flows‚ there can be three types of cash flows: operating activities‚ financial activities‚ and investing activities; these activities
Premium Cash flow statement Cash flow Money
1.2a What is your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that
Premium Electronic commerce Management Marketing
The qualities a Medical Administrative Assistant should possess‚ there are many of these here are just a few of these qualities the M.A shall possess. Which include people skills‚ communication skills‚ analytical skills‚ planning activities‚ and computer skills. A realistic example of one of these qualities would be; if a patient comes into the office very irate and upset about the amount they were charged on their bill. Having good people skills will help you out with calming the patient down and
Premium Management