On April 15, 2012, Bure Corp invests in the following securities:

1. Price elasticity of demand measures the responsiveness of quantity demanded of a product to a change in the price of that product.
   1. State the (midpoint) formula for calculating the price elasticity of demand.
   2. Describe elastic demand.
   3. Describe inelastic demand.
   4. Describe unit elastic demand
   5. Explain when demand would be perfectly elastic.
   6. Explain when demand would be perfectly inelastic.
   7. Explain how the price elasticity of demand affects the relationship between price and total revenue.

From somewhat humble Australian origins, Milo is now a global brand generating more than $1billion in revenue for Nestle.   However, the Milo brand has come under increased scrutiny for high sugar content in some of its products. What should Milo do to keep growing an already successful brand? Dicuss the 5 marketing "c's" aswell as pricing strategies (ie, value , compeitive,cost based pricing.)

Exercise: 2 The adjusted trial balance of Ahmed Company on December 31, 2017 includes the following accounts: Accumulated Depreciation, $6,000; Depreciation Expense, $2,000; Note Payable $7,500; Interest Expense $150; Utilities Expense, $300; Rent Expense, $500; Service Revenue, $19,600; Salaries Expense, $4,000; Supplies, $200; Supplies Expense, $1,200; Wages Payable, $600. Required: Prepare an income statement for the month of December.

Cost of goods sold $223,110 Salaries and wages expense $55,720 Delivery expense 6,320 Sales discounts 7,320 Insurance expense 12,760 Sales returns and allowances 11,820 Rent expense 18,640 Sales revenue 366,400 Prepare the necessary closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.

In order to start this coffee business, the Manager took a 300K loan from the bank. He/she will have to pay 10K monthly for three years.

a-Calculate the effective interest rate (per year).

b-If the coffee business makes a Revenue=19K/month and has an operational cost of 12K/Month, Calculate the PW if the study period is 5 years and the MARR is equal to 1.5% per month. Solve by Hand Please

A manufacturing process has a fixed cost of $300,000 per month. Each unit of product being produced contains $160 worth of material and $220 in labor. Each finished product will sell for $450.

How many units must be sold each month to break even?

What level of monthly revenue is necessary to break even?

What is the expected profit for sales levels of 1,000, 2,500, and 5,000 units respectively.

Geometric Gradient Problem:

The Saudis produce 3.65 Billion barrels of oil a year. Let’s ignore climate change and drone stuff and say that production will increase at 2% per year due to demand from Asia. Also, the current price of $65/barrel is expected to increase by 4 percent a year for 20 years. What is the present worth of the anticipated 20 years revenue stream assuming the interest rate is 8%.

No phot or handwriting (managerial accounting)

1. Prepare a Flexible Budget based upon Actual Output. Assume the actual units of production. The budget should consist of one revenue item and at least five expenses items. One expense should be semi-variable in nature, two should be variable and two should be fixed in nature.

You are also required to compare the Flexible Budget with your Actual Results showing the Variance in a tabular form.