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Bess [88]
3 years ago
6

Assuming a normal upward-sloping supply curve and a normal downward-sloping demand curve, if the government imposes a $5 excise

tax on leather shoes and collects the tax from the suppliers, the price of leather shoes to consumers will:
A. increase by more than $5.
B. increase by $5 increase.
C. increase by less than $5.
D. but we cannot determine by how much.
Business
1 answer:
emmainna [20.7K]3 years ago
3 0
ANSWER:

The answer is b

EXPLANATION:
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An increase in the price of gasoline will
Brums [2.3K]

Answer:

Shift the gasoline supply curve to the right.

Explanation:

in economy , A shift to the right in supply curves indicates that the supply of the product  increased, a shift to the left indicates that the supply of the product decreased.

When the price of gasoline increases, the amount of profit that the sellers can obtain by selling the product also increased.  This encouraged them to supply more of that product in the market.

4 0
3 years ago
Sunny Co has a debt-to-equity ratio of 1.00, compared to the industry average of 0.80. Its competitor Carter Co., however, has a
ankoles [38]

Answer:

The answer is C.

Explanation:

Debt-to-equity ratio is an economical term that is used to express the balance between a companies total debt and its assets. It shows at what ratio the company's assets are funded by investors, stakeholders etc.

Since the industry average debt-to-equity ratio is 0.80 and the two companies have debt-to-equity ratios of 1.00 and 1.50 respectively, they are both over the average.

But with the higher ratio, Carter Co. has a higher financial risk compared to Sunny Co. and the industry average debt-to-equity ratio. So the correct answer is C.

I hope this answer helps.

8 0
3 years ago
Morin company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The mark
masya89 [10]

Answer:

a. $1,024.74

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Future value or par value = $1,000

Rate of interest = 6.1%

NPER = 8 years

PMT = $65

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $1,024.74

3 0
3 years ago
Định khoản kế toán các nghiệp vụ phát sinh
d1i1m1o1n [39]

Answer:

answer is above me

Explanation:

7 0
2 years ago
what does business process reengineering involve? multiple choice integrating all departments and functions throughout an organi
8_murik_8 [283]

A business process reengineering involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times and quality.

<h3>What is a business process reengineering?</h3>

This refers to the act of recreating a core business process with the goal of improving product output, quality or reducing costs. In most process, the process involves the analysis of company workflows, finding the processes that are sub-par or inefficient and figuring out ways to get rid of them or change them.

<h3 />

Hence, the business process reengineering involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times and quality.

Read more about business reengineering

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4 0
11 months ago
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