Answer:
Option A is correct.
Explanation:
The reason is that when the demand curve is plotted in x-y plane, plotting price on the y-axis and demand on the y-axis, the price increase of gasoline would shift the demand to left which means if the price of gasoline increases the demand of gasoline decreases.
So the correct option is A.
Answer: C; Ot increases the value of a U.S dollar.
Explanation: Just did the quiz
Answer:
The first option is correct
Explanation:
The number of stock repurchased need to first of all be determined.
The number of shares repurchased is the cash paid for repurchase of shares divided market price of $37.50
Number of shares repurchased=$187,500/$37.50=5,000 shares
number of shares outstanding after repurchase=30,000-5,000=25,000 shares
revised earnings per share=previous earnings per share*previous shares outstanding/the shares outstanding after repurchase
revised earnings per share=$1.22*30,000/25000=$1.464
P/E ratio=market price per share/revised earnings per share=$37.50/$1.464=25.61
Answer:
The ending inventory value using LIFO retail method is $710,000
Explanation:
Beginning inventory $590,000
Purchases $1,370,000
Net Markups ($64,000)
Net Markdowns ($34,000)
Goods Available For Sale $1,990,000
Cost to retail percentage = 70.91%
Net sales $1,280,000
Ending Inventory = $710,000
the answer is is economic models because its a thesis or a more simple representation that would help explain and predict economic behavior in the real world.