Jt engineering has $960,000 of short-term debt. jt issues 10,000 shares of common stock prior to the issuance of the financial statements. jt’s net proceeds from the sale are $900,000. if jt uses all of the proceeds to liquidate its short-term debt, how much of the debt can be excluded from current liabilities?

An increase in the market price of men's haircuts, from $16 per haircut to $26 per haircut, initially causes a local barbershop to have its employees work overtime to increase the number of daily haircuts provided from 20 to 25. when the $26 market price remains unchanged for several weeks and all other things remain equal as well, the barbershop hires additional employees and provides 40 haircuts per day. what is the short-run price elasticity of supply? nothing (your answer should have two decimal places.) what is the long-run price elasticity of supply? nothing (your answer should have two decimal places.)