Answer: $123,583.90
Explanation:
Given the following Parameters,
Net income = $120,226,
Interest rate = 9%
Tax = 30%
The following formula then applies,
Diluted EPS = (Net income + Interest after tax)/Total outstanding shares outstanding
Now, Interest(Before tax) = $53,300 * 0.09 = $4797
Now we have to calculate it After Tax
= 4,797 (1-tax rate)
= 4,797(1-0.3)
= $3,357.90
The numerator is,
= (Net income + Interest after tax)
= 120,226 + 3,357.90
= $123,583.90
The numerator in the diluted earnings per share calculation for 2018 would be $123,583.90
Answer:
the coefficient of elasticity is 0.5. Thus, demand is inelastic.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Price elasticity = 2/4 = 0.5
Because demand is less than1, big g has an inelastic demand.
Answer:
underrepresented student scholarship.
Answer:B.40.9%
Explanation:
If $675 spend on mortgage and his monthly income is $1650
So the percentage will be:
$675 / $1650 × 100
= 0.409 ×100
= 40.9%
Answer:
conglomerate
Explanation:
In simple words, A conglomerate refers to the multi-industry corporation, which is a mixture of many enterprises operating within one organizational group in completely different sectors, which can include a holding company and several branches.
The conglomerates are always global and massive. The predominant conglomerates consolidate financial risk through investing in a variety of different industries, although other conglomerates opt to engage in a single sector, like those in mines.
