Answer:
(g) Between 0 and -S7.5k because residents can substitute to other products
Explanation:
Data given in the question
Increase in price of typical soda = 10 cents
Total consumed = 150,000 sodas [er day
Dropped quantity = 75,000 sodas
So by considering the above information, the per day compensating variation of the tax varies from 0 and - 7,500
Since the sugar sweetened sodas is treated as a normal goods. Moreover, people can substitute the other goods also if there is an increase in a price of the good
The -7,500 is come from = (-75,000 × 0.10)
The options are as follows
(a) Greater than -$15k because soda is a luxury good with income (b) -$15k because that is the old consumption level times the value of the tax (c) Between -S7.5k and -$15k because soda is a luxury good elasticity > 1 with income elasticity >1 (d) Between -$7.5k arti -$15k because residents can substitute to other products (e) -$7.5k because that is the new consumption level times the value of the tax ()-$7.5k because that is the change in consumption times the value of the tax (g) Between 0 and -S7.5k because residents can substitute to other products (h) Between 0 and -$7.5k because because beverages are typically necessity goods with 6) Nothing because there was no effect on income G) It is impossible to say without knowing consumers' marginal rate of substitution income elasticity less than 1
Answer:
Total bargain element = $1,200
Explanation:
Given:
Number of share = 100
Exercise price = $20 per share
Market price of the stock = $32 per share
Sale price per stock = $38
Total bargain element on Van's stock = ?
Computation of Total bargain element:
Total bargain element = (Market price of the stock - Exercise price)Number of share
Total bargain element = ($32 - $20)100
Total bargain element = ($12)100
Total bargain element = $1,200
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Answer:
to explain any difference between the depositor’s balance per books with the balance per bank
Explanation:
The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by he bank
4. Add or deduct any other items available as necessary
5. In the company bank records, once again start with the ending balance
6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
7. Add interests earned
At the end of this process, it is likely that both accounts would be equal and tally.
Answer:
5 years
Explanation:
Initital investment $100,000
Cash inflows 1-5 (20,000*5) ($100,000)
The payback period for this investment project is 5 years.
or
100,000/20,000=5 years
