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ira [324]
3 years ago
10

3 . Relationship between tax revenues, deadweight loss, and demandelasticity

Business
1 answer:
Molodets [167]3 years ago
5 0
Taxing a good with relatively less elastic demand, helps government to raise more revenue with lower welfare loss.
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The growth rate in the fourth quarter of 2010 was 3.1%. What was the growth rate in the first quarter of 2011?
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The answer is C) 1.9
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3 years ago
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Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She
lutik1710 [3]

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3 years ago
ou wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $32,000 f
AleksAgata [21]

Answer:

Annual contributions to the retirement fund will be $6,347.31

Explanation:

First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.

Using a Financial Calculator enter the following data

PMT = $32,000

P/y = 1

N = 25

R =  10%

FV = 0

Thus, the Present Value, PV is $290,465.28

At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.

Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%

Using a Financial Calculator enter the following data

FV = $290,465.28

N = 20

R = 8 %

PV = $0

Thus, the Payments, PMT required will be $6,347.3080

Conclusion :

Annual contributions to the retirement fund will be $6,347.31

3 0
4 years ago
Ultimate Sportswear has $150,000 of 8% non-cumulative, non-participating, preferred stock outstanding. Ultimate Sportswear also
Natali [406]

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c. $12,000 preferred: $23,000 common

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Calculation of how the Dividend should be distributed

First step is to calculate for preferred stock outstanding

Preferred stock outstanding=$150,000 * 8% non-cumulative

Preferred stock outstanding=$12,000

Second step is to calculate for common stock outstanding

Using this formula

Common stock outstanding = Cash Dividend-Preferred stock outstanding

Let plug in the formula

Common stock outstanding=$35,000-$12,000

Common stock outstanding=$23,000

Therefore Preferred stock outstanding will be $12,000 while Common stock outstanding will be $23,000

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4 years ago
Recently us dairies struggling to increase milk sale tried to change the way adults thought about chocolate milk the dairies wan
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Reposition how the consumers perceived chocolate milk.

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3 years ago
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