Answer:
The APC before change in disposable income was 0.75.
Explanation:
The average propensity to consume shows the part of income that is is consumed. It can be calculated as the ratio of total disposable income to total consumption.
The disposable income is given as $200 billion, the consumption level is $150 billion, the savings level is $50 billion.
Average propensity to consume is
= 
= 
= 0.75
So, the average propensity to consume is 0.75.
Answer:
a. $12.08 per share
Explanation:
For computing the next year stock we have to do the following calculations
Current Earning per share = Net Income ÷ Number of Common Shares Outstanding
= $9,750,000 ÷ 5,500,000 shares
= $1.77
Current Price Earning ratio = Current stock price ÷ Current EPS
= $14.74 ÷ $1.77
= 8.33
Now Next year earning per share = $9,750,000 × 1.25 ÷ 8,400,000 shares = $1.45
So, the next year stock price = $1.45 x 8.33
= $12.08 per share
Answer:
product development
Explanation:
Product development growth strategy -
It is based on the modification of the existing product , so that they appear to be new and the development of the new products and then offering the product to the current or new market .
These types of strategy are adapted , when their is no scope of new opportunity foe the new company .
The strategy of product development is used in the question statement .
Answer:
The journal entry for recovery is shown below:
Explanation:
When the company, determine that it could not collect the amount, then the entry which should be recorded is:
Accounts receivable A/c..........Dr $66,000
Bad debts expenseA/c........Cr $66,000
But on October 30, the company received the full amount from the customer, then entry for recovery of the bad debt is as:
Cash A/c.................................Dr $66,000
Accounts Receivable A/c.......Cr $66,000
When a monopolist's level of output is not at the minimum point of <u>average total cost</u>, this means it will not be productively efficient.
<h3>What is an
average total cost?</h3>
An average total cost refers to a cost derived from total fixed and variable costs divided by total units produced.
In conclusion, this cost is used to evaluate how the total per-unit cost change as a result of output
Read more about average total cost
<em>brainly.com/question/25109150</em>
