It is the <span>right to encumber which allows this.</span>
Answer:
Inelastic
Explanation:
The inelastic demand means the demand of the product does not vary when there is much change in the price. Let us assume that if the price is increased by 20% so the demand decreased only by 1% so here we can said there is inelastic demand
Also due to increased in the supply, the demand does not increased that much. So if the price is decreased so the demand does not respond due to which the total revenue comes down
So as per the given situation, having the large quantity caught the revenue is decreased so here the demand should be considered inelastic
Answer:
At the end of the current year, the deferred tax liability related to the excess depreciation will be 144 million
Explanation:
In order to calculate At the end of the current year, the deferred tax liability related to the excess depreciation we would have to use the following formula:
Deferred tax liability = ($160 million * 25%) + ($160 million * 30%) + ($160 million * 35%)
Deferred tax liability =$40 million + $48 million + $56 million
Deferred tax liability = $144 million
At the end of the current year, the deferred tax liability related to the excess depreciation will be 144 million
Answer:
c. The infant industry argument
Explanation:
Infant industry argument is a mechanism for trade protectionism. It argues that a new industry does not have the economies of scale enjoyed by older competitors.
So they will need to be protected and funded till they develop and match up with economies of scale of other competitors.
Infant industries need to be supported as they are not able compete favourably with other companies from abroad.
Their protection will lead to a more vibrant economy where multiple players compete favourably.
Answer:
EPS will be higher than $2.38
Explanation:
The Earnings per share is the value available to stockholders of the company after the deduction of all the expense and taxes. Restructuring expense are one time expense and they are reported as other operating expenses in the Income Statement. The inclusion of restructuring and other one-time charges in the Income Statement results in lower Earnings before Tax and ultimately reduced net profit. If these cost are excluded the Earning will rise which will give rise to EPS of the company.
