The use of ambiguous language to conceal the truth or to avoid committing oneself; prevarication.
Answer:
$1.71 per share
Explanation:
Earning per share is the per share rate of net earning for the period after deducting any preferred dividend. We use average common shares outstanding to calculate the Basic EPS. Formula for the Basic EPS is as follow:
Basic EPS = ( Net Income - Preferred Dividend ) / average common shares outstanding
As we do not have any preferred share, placing value in the formula
Basic EPS = ( $3,100,800 - $0 ) / 1,818,000
Basic EPS = $1.71 per share
The convertible bonds are incorporated in the calculation of diluted earning per share.
Answer: (D) buy more ice cream and fewer cookies
Explanation: When a consumer spends all of his income and consumes a bundle of goods such that the marginal utility per dollar from all goods is equal, then the consumer's total utility is maximized. Buying more of ice-cream gives the only combination that gives him the same marginal utility per dollar Bobby spends on cookies as on ice cream.
Marginal utility estimates the added satisfaction a consumer gets from consuming additional units of goods or services. It is used to determine how much of a product consumers are willing to purchase.
Answer:
$45 trillion.
<u><em>Explain:</em></u>
The balance between total revenue and the dollar amount of total output arises from the role performed by profit. Profit works as a leftover from cumulative business acquisitions after all other expenses such as long dash wages or dash labor, rents, interests have to be paid. If the dollar value of total output is $500, and the total expenses for producing the output is $450, there is an economic profit of $50. Hence, total income must meet the value of the total output. Therefore, I can say that if one group of people spend, another combination of individuals will realize a profit.
Explanation:
Answer:
a. $2,600,000
b. $2,500,000
Explanation:
The computation is shown below:
a. The additional revenue raised by State A is
= Revenue after applying the tax rate - initial revenue after applying the tax rate
where,
Initial revenue after applying the tax rate = $800 million × 5% = $40 million
And, the Revenue increased after applying the tax rate is
= $710 million × 6%
= $42.6 million
So, the additional revenue is
= $42.6 million - $40 million
= $2,600,000
b. The additional revenue raised by State Z is
= Sales tax rate × service volume
= 5% × $50 million
= $2,500,000
