Answer:
option (C) 8.8
Explanation:
Data provided in the question:
Common stock outstanding = 267.9 million shares
Market price = $68 per share
Value of common stock equity reported = $2.067 billion
Now,
Market value = Market price × Number of Common stock outstanding
= $68 × 267.9 million
= $18,217.2 million
= $18,217,200,000
Book value = $2.067 billion = $2,067,000,000
therefore,
NetApp's market/book ratio = $18,217,200,000 ÷ $2,067,000,000
= 8.81 ≈ 8.8
Hence,
Answer is option (C) 8.8
Answer: 0.2
Explanation:
Income elasticity of demand refers to the amount that the quantity demanded for a good changes by in response to a change in income.
The formula is therefore:
= Percentage change in quantity demanded of Peanut butter / Percentage change in income
= 2% / 10%
Income elasticity of demand = 0.2
Answer:
When we invest ourselves into a project or a team, its our expertise and skills that we put in that project etc, works as Downpayment for it. When it comes to relation other than professional relationship like friendship then its our loyalty, behavior and understanding with that person that makes him/her reliant on us.
Explanation:
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Kristen Lu purchased a used automobile for $10,100 at the beginning of last year and incurred the following operating costs: Depreciation ($10,100 ÷ 5 years) $ 2,020 Insurance $ 1,100 Garage rent $ 600 Automobile tax and license $ 280 Variable operating cost $ 0.14 per mile
1) 10,000 miles
Insurance= 1,100
Garage= 600
Tax= 280
Variable costs= 0.14*10,000= 1,400
Total= $3,380
Cost per mile= 3380/10000= $0.338
2) The only relevant cost is the variable operating cost per mile. The other costs will exist whether she uses the car or not.
If the world price is $1.00 per pound. Assuming the small-country model is applicable and no transportation costs, the United States will import copper.
<h3>What is import?</h3>
Import can be defined as the process of bringing in goods produce in another country into your own country so as to sale them in your own country.
Since the world price is $1.00 per pound and United states price is $1.20. If no transportation cost importing copper into United state will be the best choice as this will help to lower cost.
Therefore assuming the small-country model is applicable and no transportation costs, the United States will import copper.
Learn more about import here:brainly.com/question/536549
