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inessss [21]
3 years ago
12

For a normal​ good, a decrease in demand is represented as a

Business
1 answer:
Nina [5.8K]3 years ago
7 0

Answer:

C. leftward shift of the demand curve. 

Explanation:

A normal good is a good whose demand increases when income increases and falls when income falls.

The demand curve is represented as downward sloping curve. It slopes downward because the higher the price, the lower the quantity demanded and the lower the price, the higher the quanirty demanded.

A fall in demand is represented by a leftward shift of the demand curve. A rise in demand is represented by a rightward shift of the demand curve.

Factors that leads to a leftward shift of the demand curve:

1. Decrease in income

2. Change in taste - if consumers prefer other products

3. Season

4. Fall in price of substitutes

I hope my answer helps you

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You were hired as a consultant to the ABC Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ
TEA [102]

Answer:

8.15%

Explanation:

The weighted average cost of capital is the sum of costs of different  sources of finance multiplied by their respective weights as shown by the formula below:

WACC=(cost of equity*weight of equity)+(cost of preferred stock*weight of preferred stock)+(after-tax cost of debt*weight of debt)

cost of equity=11.25%

weight of equity=55%

cost of preferred stock=6.00%

weight of preferred stock=10%

after-tax cost of debt=6.50%*(1-40%)=3.90%

weight of debt=35%

WACC=(11.25%*55%)+(6.00%*10%)+(3.90%*35%)

WACC=8.15%

5 0
2 years ago
The importance of management is based upon what
scoray [572]
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to  fulfill the  given purposes.

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7 0
3 years ago
Blossom Corporation had income from continuing operations of $10,895,300 in 2020. During 2020, it disposed of its restaurant div
pantera1 [17]

Answer and Explanation:

The preparation of the partial income statement is presented below:

                                     Blossom Corporation

                                    Income Statement (Partial)

                                          For the Year 2020

Particulars                                                            Amount (in $)

Income from continuing operations                     10,895,300

Income from discontinued operations:  

Less:

Loss from disposal of Restaurant net of tax                 -194,400  

Loss from the operation of discontinued                     -321,800  

Total expense                                                                -516,200

Net income                                                                 10,379,100

Earning per share  

Income from continued operations (10,895,300 ÷10,000,000)  $1.09

Loss from discontinued operations (516,200 ÷ 10,000,000)      ($0.05)

Earning per share  $1.04

8 0
3 years ago
Which statement is FALSE regarding OSHA inspections?
jeka94

Did you ever figure out the answer, I'm stuck on this rn /:

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3 years ago
Read 2 more answers
When did banks of deposit first arise?
Roman55 [17]

Answer:

Around 2000BC

Explanation:

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3 years ago
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