There will be a higher equilibrium price and lower quantity if ____

In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in

almond37 [142]

Answer:

B. $19,687 mil

Explanation:

The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).

Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.

This 15% of income = $2,953 mil

Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil

8 0

2 years ago

The first step in strategy implementation involves articulating in simple language what a particular business must do to create

jarptica [38.1K]

In the strategy implementation stage, there are certain things done to create and sustain a competitive advantage and this involves the definition of strategic goals.

<h3>What is Competitive Advantage?</h3>

This refers to the business situation whereby a company is able to outperform its competition.

Hence, we can see that when making strategic planning and implementation, there is the planning and making of contingencies for a meeting of set company goals to enhance the competitive advantage.

Read more about competitive advantages here:
brainly.com/question/26514848

5 0

1 year ago

A subtle form of racial discrimination in housing is "racial steering." racial steering occurs when real estate agents show pro

Olenka [21]

B. H0 : There is no association between race and the section of the apartment complex.
H A: There is an association between race and the section of the apartment complex.

Find the χ2 statistic
Solution
The formula for calculating χ2 statistic is given by ;
χ2∗ =∑(Oi−Ei)2/Ei, where Oi and Ei is the i^th observation and the i^th expected count
From the given data calculated the expected count using the formula; E = (row total *column total)/sample size

χ2 = 7.104439336,
χ2 = 7.104 (rounded to 3 decimal .places)

The P-value is;
Degrees of freedom = (2-1)*(2-1) = 1, χ2 = 7.1044
P-value from chi-square calculator is 0.007689

3 0

2 years ago

Why Do Organizations not change in response to environmental pressures?

Elina [12.6K]

Answer:

It often proves difficult to actually realize the change that you have come up with. Especially when it comes to cultural or behavioral change. We want to show that change is not so much something that you have to get others to join. You have to make your change part of it

3 0

2 years ago

Bild-Rite, Inc., is a Colorado-based firm that does business with clients throughout North America. Bild-Rite oversees construct

Rzqust [24]

Answer:

COMMERCIAL TRANSACTIONS for the sale of and payment for goods.

Explanation:

In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.

3 0

3 years ago

There will be a higher equilibrium price and lower quantity if _____.