Answer: none of the above.
Explanation:
The Engle curve shows the relationship that takes place between the income of a consumer and the quantity of a particular good purchased.
From the question we are informed that the income consumption curve between good x and good y has a negative slope, this implies that good Y is an inferior good and that it has a negative income elasticity.
Also, since the Engle curve of good X has a positive slope, it implies that good X is a normal good.
Therefore, the answer to the question is "none of the above" as all options are true.
I believe the answer is A.) Utilities
<u>Answer:</u>
- BEP = EBIT / Total Assets
BEP = $2,451 / $43,000 = 0.057
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Profit Margin = Net Profit / Sales
Profit Margin = $990 / $51,600 = 0.0192
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Operating Margin = Operating Profit / Sales
Operating Margin = $2,451 / $51,600 = 0.0475
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Dividends per share = Dividend paid to Shareholders / Number of shares outstanding
Dividends per share = $346.67 / $500 = 0.69334
-
EPS = Net Income available to Shareholders / Number of shares outstanding
EPS = $990 / $500 = $1.98
- P/E ratio = Market price per share / EPS
P/E ratio = $23.7 / 1.98 = 11.97
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Book value per share = Shareholders Equity / Shares outstanding
Book value per share = $15,265 / $500 = $30.53
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Market-to-book ratio = Market Value per share / Book value per share
Market-to-book ratio = $23.7 / S30.53 = 0.7763
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Equity Multiplier = Total Assets / Shareholders Equity
Equity Multiplier = $43,000 / $15,265 = 2.82
Answer:
increases; increases
Explanation:
A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact
Answer: the value of the best opportunity a student gives up to attend college
Explanation: Opportunity cost is the cost of loosing benefits that one could have received if he or she would have chosen one alternative over the other. Usually the chosen alternative is the best and the rejected one is the second best.
Therefore, if a student decides to get to college the other opportunities that he might have chosen like doing a job or business is his opportunity cost.
Hence from the above we can say that the right option is B.
