The correct option is C.
Fiscal policy refers to the method that the government use to adjust its spending levels and tax rates in order to monitor and influence the nation's economy. Fiscal policy are divided into three types, these are: neutral, expansionary and contractionary fiscal policy. A contractionary fiscal policy is one which occurs when a government lowers its spending and increase the tax rate<span />
Answer:
the firm pay 39 millions dividends to his shareholders during the year.
Explanation:
The retained earnings identity is as follow:
beginning RE + net income - dividends = ending RE
we plug our values into the formula:
970 + 30 - dividends = 961
we clear dividends:
970 + 30 - 961 = dividends
And solve:
dividends = 39
<u>Notes:</u>
For every account, we always have this similar identity:
a beginning balance
a type of transaction that increase their balance
another kind of transaction which decreased
and a final balance which is the net of the previous.
beginning + increase - decrease = ending
Always try to identify how each transaction impact the account and from there, setup the equation.
Answer:
we use a plug key in the circuit because to avoid from the electric shock ...
Answer:
The expected return on this stock is 7.3%
Explanation:
Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.
The expected return on the stock is,
Expected r = rA * pA + rB * pB + rC * pC
Where,
- r represents the returns in each state
- p represents the probability of each state
Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)
Expected r = 0.073 or 7.3%
