Increase: 1.18
Decrease: 0.82
<u>Calculation of Return on Equity:</u>
Return on Equity can be calculated using the following formula:
Return on Equity = Net Income / Equity
We can calculate net income using the following formula:
Net Income = Sales * Profit Margin = 3650*5% = $182.50
And we can calculate Equity using the following formula:
Equity = Total Assets * (1-Total Debt ratio) = 3350*(1-41%) = $1976.50
Now Finally,
Return on Equity = Net Income / Equity = 182.50 / 1976.50 = 9.23%
Hence the return on equity is <u>9.23%</u>
Answer:
Child Tax Credit is given to taxpayers for each qualifying dependent child who is below 17 years old at the end of the tax year. The Child Tax Credit amount is $2000 per qualifying dependent. So here, Jennifer has two qualifying dependent child Sydney and Patrick who are under 17 before the end of the tax year. JoAnna does not qualifies for Child Tax Credit as her age is above 17 years for the tax year. So the total Child Tax Credit amount to Jennifer is $4000.
Option 4 is correct.
Answer:
The appropriate solution is "100 billion".
Explanation:
The given values are:
Recessionary gap (Total change),
= $500
Marginal propensity consume (MPC),
= 0.8
Now,
Multiplier will be:
= 
On putting the value of MPC, we get
= 
= 
As we know,
⇒ 
⇒ 
On substituting the values, we get
⇒ 
⇒ 
She could exercise. Since she is sitting at a desk all day, going on runs on lunch break or when she wakes up could really help promote a healthy lifestyle.
I hope this helped!
