Answer:
B. False
Explanation:
In a sealed bidding, bidders have no opportunity to discuss/negotiate. They just present an offer adjusted to the terms of the requirer of the good or service that is submitted to bidding.
Answer:
C, Raises aggregate expenditure by raising liable income, thereby increasing consumption.
Explanation:
Tax is a very important financial tool of any governmet to ensure its smooth running.
Tax can either be increased or decreased and each of these acts have their effects on the the counrty and on its people. For the purpose of this question, i will be sticking to tax decrease.
Tax decrease as the name implies is the reduction of taxes paid by individuals to the government from their taxable incomes.
When tax is reduced, there is a little more money for the people to spend and as such this affects the demand, consumption (of goods) as well as the gross domestic profit; GDP, of the country.
When the people have more money to spend, there is an increase in things they buy, wear, do, etc and so production in that country becomes high.
Tax decrease is most effective in a situations where there is high level of unemployment and slow paced economies.
cheers.
Answer:
Variable cost per unit = $4.60
Explanation:
To calculate the element of variable cost in a mix cost using high-low method, we need to take the cost of the highest activity level and subtract the cost of the lowest activity level from it and divide the answer by the difference between the highest and the lowest activity levels.
<u>High-low method</u>
- Variable cost per unit = (Highest Activity Cost - Lowest Activity Cost) / (Highest Activity Units - Lowest Activity Units)
- Variable cost per unit = (66436 - 60226) / (2660 - 1310) = $4.60 per unit
Answer:
Return on equity = 13.5 %
Explanation:
given data
tax burden ratio = 0.75
interest burden = 0.6
leverage ratio = 1.25
return on sales = 10%
sales assets = $2.40
to find out
What is the firm's ROE
solution
we get here Return on equity (ROE) that is express as
Return on equity = tax burden ratio ×leverage ratio × interest burden ratio × return on sale × sales .......................1
put here value we get
Return on equity = 0.75 × 1.25 × 0.6 × 10% × 2.40
Return on equity = 0.75 × 1.25 × 0.6 × 0.10 × 2.40
Return on equity = 0.135
Return on equity = 13.5 %
