Large purchased all of Small's voting stock for $11 million when Small's total owners' equity was $4 million. The book value and
1 answer:
You might be interested in
Answer: hello your question is poorly structured attached below is the missing graph and missing part of the question
Assume the government imposes a $1.00 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.
answer :
a) $2 , 4 billion
b) $2.5
c) $1.5
d) 3 billion
e) $3 billion
Explanation:
a) equilibrium price = $2 per bottle
equilibrium quantity = 4 billion bottles
<u>b) After imposition of excise tax </u>
consumers will pay = $2.5
<u>c) The amount producers keep after the imposition of taxes </u>
= $2.5 - tax
= 2.5 - 1 = $1.5
<u>d) New equilibrium quantity ( after tax is imposed ) </u>
= 3 billion bottles ( from graph attached ) i.e. intersection of S2 and D
e)<u> Amount of tax revenue collected by the government from the imposition of tax </u>
= quantity of bottles sold * $1
= 3 billion * $1 = $3 billion
Answer:
Indian rupee in US dollars = $418
Explanation:
given data
India GDP = 23,000 billion
exchange rate = 50 rupees per US
population = 1.1 billion
solution
we get here GDP per capita as
GDP per capita = India GDP ÷ population
GDP per capita =
GDP per capita = 20909 rupees
so here we Convert Indian rupee in US dollars that is with exchange rate
Indian rupee in US dollars = GDP per capita ÷ exchange rate
Indian rupee in US dollars =
Indian rupee in US dollars = $418