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tangare [24]
3 years ago
7

Question 3 Total expenditure equals price times elasticity? True or False

Business
1 answer:
Advocard [28]3 years ago
7 0
True but I am not sure
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Which of the following economic perspectives focuses on the need for government to use spending and taxes to shift aggregate dem
ad-work [718]

Answer:

B. Keynesian

Explanation:

Keynesian economics or theory believes that government can boost the economy and stimulate or increase demand, in times of economic downturn, by increasing spending and lowering taxes.

This increase in government activities will create jobs and reduce unemployment and lead to more spending and investment, by individuals and businesses, in the economy.

4 0
4 years ago
DiCenta Corporation reported net income of $270,000 in 2020 and had 50,000 shares of common stock outstanding throughout the yea
Stels [109]

Answer:

Explanation:

Basic and diluted Eps

Basic EPS = profit after tax-preference share dividend / w. Avg No.of shares

Basic Eps

Income            270000

Tax 20%          54000

Pat                  216000

Dividend 5*5000  -25000

                191000

W.Avg No. shares 50000

 

Basic EPS 191/50 3.82

Diluted Eps

PAT                                                                                               191000

Add back Dividend of assumed conversion of pref. shares     25000

Total Income                                                                               216000

Total No of share                                                                         60000*

Diluted Eps   216000/60000                                                        3.6

*Common Stock                                                            = 50000

Add Assumed Conversion of Pref. shares = 5000*2 = 10000

Total Shares                                                                   = 60000

8 0
3 years ago
According to the text, the typical difference between "quality circles" and "continuous improvement teams" is: quality circles w
strojnjashka [21]
Im bad at geometry sry 
3 0
3 years ago
The following situations refer only to the preceding data; there is no connectionbetween the situations. Unless stated otherwise
jek_recluse [69]

Answer:

If prices are cut by $0.2 then the operating income will increase by $91,200.

Explanation:

Current Gross Profit is :

Revenue [240,000 * $6] = $1,440,000

Cost of Sales = $1,416,000

Gross Profit = $24,000

If selling price is reduced to $5.80

Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200

Cost of Sales $1,416,000

Gross Profit = $115,200

6 0
3 years ago
he following information applies to the questions displayed below.] Raphael Corporation’s common stock is currently selling on a
arsen [322]

Answer:

The correct answer is $151 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Currently selling price = $151 per share

So, we can calculate the Current market value by using following formula:

Current market value (price) of stock = Currently selling price of stock

As, Currently selling price of stock is already given.

Than, Current market value (price) of stock = $151 per share.

4 0
3 years ago
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