Answer: 16%
Explanation:
Interest rate on long term treasury securities is calculated below using following formula:
Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium
= 3% + 8% + 2% + 2% + 1%
= 16%
Interest rate on long term treasury securities is 16%.
Answer: The correct answer is <u>"charging a higher price to those with less elastic demand and a lower price to those with more elastic demand than it would if it could not price discriminate."</u>
Explanation: Price discrimination is a practice that involves charging for the same good or service, different prices to different consumers even though the cost of providing them is the same.
Elasticity of the demand: it is a concept that in economy is used to measure the sensitivity or capacity of answer of the demand of a product against a change in its price.
So: A price-discriminating monopolist can increase profits by charging a higher price to those with less elastic demand and a lower price to those with more elastic demand than it would if it could not price discriminate.
Answer:
Net income = $3,560
Explanation:
Romney's Marketing Company
Multi-step income statement
For the Year ended December 31 20YY
Sales revenues 37,250
Less: Cost of goods sold = 0
Gross profit = 37,250
Less: Operating expense:
Wages expense = $19,000
Depreciation expense = $1,750
Utilities expense = $320
Insurance expense = $780
Rent expense = $9,800
Total operating expense = ($31,650)
Add: operating income:
Rent revenue = $560
Total operating income = $6,160
Other operating income
Interest revenue = 160
Net income before taxes = $6,320
Income tax expense = $2,760
Net income = $3,560
D) Checkabe Deposits are assets for the bank
I think that it might be D