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2 years ago

The longer the time period considered the more the elasticity of supply tends to

1 answer:

5 0

The longer the time period considered, the more the elasticity of supply tends to INCREASE.
The elasticity of supply refers to the responsiveness of suppliers to the change in price of their products or services. Elasticity of supply is measured as a ratio of proportionate change in quantity supplied to the change in price. Elasticity of supply tends to increase with time.<span />

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Rory is the CFO of McIlroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend payout ratio. The co

BaLLatris [955]

Answer:

<u>Price per share of MGDI's stock is $78</u>

Explanation:

Earnings per share=Total earnings/Shares of common stock outstanding

=(13/2)=$6.5

PE ratio=Stock price/Earnings per share

Stock price=$6.5*12

=$78.

5 0

2 years ago

Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bon

Artist 52 [7]

Answer: Campbell will owe $115,858.25 in federal income tax this year computed as follows:

$115,858.25= $45,353.75+ 33% x ($400,000 - $186,350)).

Campbell's average tax rate is 28.96 percent.

Average Tax Rate = TotalTax / TaxableIncome = $115,858.25 / $400,000 = 28.96

Campbell's effective tax rate is 28.82 percent.

Effective tax rate = TotalTax / TotalIncome = $115,858.25 / ($400,000 + $2000) = 28.82

Campbell is currently in the 33 percent tax rate bracket. Her marginal tax rate on deductions up to $213,650 will be 33 percent. However, her marginal tax rate on the next $5,100 of income will be 33%, and income earned over $405,100 will be 35 percent. Income earned in excess of $406,750 will be taxed at 39.6%.

3 0

2 years ago

In some simple models of trade, a country may choose to specialize in the production of a single good. which is not an argument

LekaFEV [45]

An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.

If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.

Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.

To learn more about specialization in single good here

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7 0

2 years ago

Assuming a current ratio of 1.00 and an acid test ratio of .75 how will the purcahse inventory with cash affect each ratio

MAVERICK [17]

The current ratio will remain the same as 1 only

The acid-test ratio will decrease.

The current ratio will stay the same because there won't be a change in current liabilities, and the change in current assets won't have any net consequences because the asset will grow due to an increase in inventory, but it will also decrease by the same amount due to a decrease in cash, so the current ratio will stay the same.

The acid-test ratio will decline since the numerator will shrink owing to a cash shortage, and the growth in inventory won't be taken into account because current assets aren't included in this ratio.

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8 0

1 year ago

the initial business model of the ocean house focused on investing in the development of its staff in the early years before rai

tankabanditka [31]

Answer:

Strategic Human Resources Management

Explanation:

Strategic human resource management is the process of ensuring that employees are attracted, developed, rewarded and retained in order to maximize benefits not only for the employees alone but also for the whole organization.

Strategic human resource management is practiced in such a way that the goals of human resource department and the rest of the organization are in the same direction of ensuring organisational success. This is done by ensuring the best employees required by each department in the organisation are recruited as at when needed, provided adequate training and duly motivated. Therefore, strategic human resource management renders support to the organizational success.

Advantages of Strategic human resource management include high customer satisfaction rates, rise in job satisfaction, increased productivity, allows resources to be managed efficiently, and among others.

All the best.

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3 years ago