1. IBM would like to sell 5% of its products in 2022 more than the year before; its price elasticity of demand is -1.25 and that its average per unit currently is $350. In order for IBM to be able to realize its sales objective (5%).
a. By what percentage should the company lower its price level (your final answer must be shown in percentage)?
b. And what should the price per unit be your final answer must be shown in dollar value)?
2. SMC currently has a student enrollment of 32,500 and its price elasticity of demand is -0.75. Due to the anticipation of rising inflation, school administrators decided
to raise tuition across the board by 12.5%,
a. By what percentage would the impact of 12.5% increase in tuition be on student enrollment in upcoming academic year (your final answer must be shown in
percentage)?
b. And what is the anticipated student enrollment going to be in upcoming academic year (your final answer must be shown in numerical value and it is ok to be in
decimal point).

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?