The cross elasticity of demand measures: (a) the elasticity of demand at the intersection of the supply and demand curves. (b) the relationship between the demand for one good and the price of another. (c) the relationship between the demand for one good and the supply of another. (d) the relationship between the demand and supply of one good at the intersection of the curves.

Someone knows the answer i need in the exam

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to