An organized group of people with a particular purpose, such as a business or government department.
Answer:
9.9702%
Explanation:
After-tax cost of debt=12*(1-tax rate)
= 12* (1-0.4) =7.2%
WACC=Respective cost*Respective weight
=(7.2×0.45)+(10.41×0.04)+(12.38×0.51)
=9.9702%
Answer:
b. demand in more elastic than the supply.
Explanation:
Elasticity is defines as the measure of responsiveness of quantity demanded and supplied to changes in price.
In a situation where demand is more elastic than supply and tax is imposed, the suppliers can bear more cost due to tax without the quantity changing by much.
On the other hand when taxes are applied if sellers want to move it to buyers that have elastic demand, it will result in a big fall in the quantity demanded.
So the seller's bear the cost in this scenario because demand is elastic and will fall with small price increase.
Answer:
The current ratio is 2.75
The acid-test ratio is 1.36
Explanation:
In order to calculate the current ratio we would have to make the following calculatio:
Current Ratio
=Current Assets/Current Liabilities
Current Assets = Cash + Receivables + Inventory + Other current assets
= 109 + 101 + 189 + 25 = $424 million
Current Liabilities = Accounts Payable + Current portion of long term debt = 112 + 42 = $154 million
Therefore, current ratio=$424/$154
current ratio= 2.75
In order to calculate the acid-test ratio for Airline Accessories we would have to make the following calculation:
Acid - Test Ratio
=Cash + Receivables/Current Liabilities
Acid - Test Ratio=$210/$154
Acid - Test Ratio=1.36
Answer:
Keynesian Theory
Explanation:
The Keynesian economic theory focuses on aggregate demand. Economic growth is achieved by fostering aggregate demand through fiscal (increasing government spending) and monetary (expansionary) policies.
The economy has two sides, aggregate demand and aggregate supply. If suppliers believe that consumers will demand larger quantities, they will produce more. But if suppliers do not believe that they will be able to sell the goods and services they produce, they will reduce supply and halt investment.
Therefore, if aggregate demand is strong, producers will increase output because they know they can sell more, and that promotes economic growth without necessarily increasing inflation. Keynesian economics considers both suppliers and consumers expectations and how they affect economic growth.
