Answer:
37.25%
Explanation:
Average total common stockholders' equity:
= (Beginning common stockholders' equity + Ending common stockholders' equity) ÷ 2
= ($530,000 + $490,000) ÷ 2
= $510,000
Return on Equity = Net income ÷ Average total common stockholders' equity
= $190,000 ÷ $510,000
= 0.3725
= 37.25%
Answer:
increase, decrease
Explanation:
In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.
The biggest losers in that case were the tax payers.
Under the <span> institutional treasury management case, it involved the frauding of millions of dollars that is hidden from a certain investment account.
If not being fraud ,These millions of dollar should've resulted in about 40% tax rate that will be used by the government for the benefit of the taxpayers in the form of welfare or other infrastructures</span>
Answer:
D. 5.19
Explanation:
Zero coupon bond is the bond which does not offer any interest payment. It is issued on deep discount price and Traded in the market on discounted price.
According to given data
Face value = F = $1,000
Year to maturity = n = 15 Years
Current price = P = $468
Yield to maturity = [ ( F / P )^(1/15) ] - 1
Yield to maturity = [ ( $1,000 / 468 )^(1/15) ] - 1
Yield to maturity = 1.0519 - 1
Yield to maturity = 0.0519 = 5.19%
Answer:
Implicit Imputed opportunity cost of time sacrifised while airport drop .
Explanation:
My friend asking me to drop at airport, & paying costs : gas used while driving, parking cost of car - has excluded certain price giving aspects.
He has included all the Explicitly quantified costs , whose payment is made to third person - like fuel & parking.
However, he has not included the implicit cost in terms of opportunity cost i.e other things sacrifised while going to drop him. Such costs payment is although not directly made to third person, but they still reflect a 'cost' as they reflect a gain sacrifised meanwhile.
In this case, it includes time sacrifised while going to drop friend at airport. That time could be used at work, which could have monetary benefits. So, this cost is eliminated to be evaluated by my friend.
