Answer: inelastic
Explanation:
If increasing the admission charge for National Parks increases the National Park Service's total revenue, then the demand for National Park visits is inelastic.
This shows that a change in price will lead to a minimal change in the quantity demanded by the consumers. Even though price was increased, the number of visitors to the park rarely changed. This will lead to increase in revenue.
A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>
In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.
The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.
Answer:
31.5%
Explanation:
Given from the question kd = 7.0 %
Tax rate = 35 %
P0 = $ 28.86
Growth g = 4.9 %
D1 = $ 0.94
First find the cost of common stock by
rS = D1/P0 + g
=0.94/$28.86 + 0.49
=0.523
= 52.3%
Finally, calculate the weighted average cost of capital WACC,
using rs= 0.523,
Tax rate =43% =0.43
Equity E 100% - 43% = 57% =0.57 and
kd=7.0 % = 0.07
so WACC = (D/A)(1 - Tax rate)kd+(E/A)rs
= 0.43(1 - 0.43)(0.07) + 0.57(0.523)
0.0172 + 0.298
= 0.315
= 31.5%
Your diary should explain why having to pay a high tax bill or receiving a sizable tax refund at the end of the year is a symptom of bad financial preparation.
<h3>What does getting a refund mean?</h3>
a sum of money that is returned to you, often as a result of overcharging or dissatisfaction with a good or service: request, assert, or demand a return. If the item is unfit for its function despite being in good condition, you are still entitled to a refund. Obtain/Receive Refund
<h3>Where is my refund for 2022?</h3>
Regardless of whether you owe money or are hoping for a refund, your can use the IRS But where is My Refund service to find out the status of your tax return. going over your IRS account.
To know more about refund visit:
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Answer:
Option B. The company reduces its days sales outstanding (DSO).
Explanation:
As we know that:
Cash conversion Cycle = Receivable days + Inventory days - Payable days
Option A says that the increasing inventory without increasing sales will reduce the cash conversion then it is incorrect because increase in inventory keeping sales constant, increases the inventory days which will increase the cash conversion cycle. So the statement is incorrect.
Option B says that the reduction in Days Sales Outstanding which is also known as receivable days will result in decrease in cash conversion cycle then it is correct because we can see from the equation that reduction in receivable days will reduce the cash conversion cycle.
Option C says that the paying bills sonner by keeping the sales same will decreases the cash conversion cycle then it is again incorrect because reduction in payable days increases the cash conversion cycle.
Option D and E are incorrect because option B is the only statement that is correct.
