Answer:
increase by less than $5
Explanation:
A tax is a compulsory amount levied by the government or an agency of the government on goods and services.
Taxes increases the price of a product.
If a $5 tax is levied on the tickets, the price of the ticket would increase by less than $5. The burden of the tax of $5 would be shared by both buyers and sellers. The party with the less elastic demand / supply would bear the greater burden of the tax.
I hope my answer helps you
Answer:
ewanI think The answer is in the teacher HAHAHAHSA
Answer: $22.22 and $9.52
Explanation:
The market to book ratio compares market value and book value. In this question, the market to book ratio is 4.5 times which means that Tina's Track Supply's common stock is trading at 4.5 times of the book value.
4.5 =
=
Book value =
=$22.22
The Price Earning ratio is calculated by dividing price per share by earnings per share (EPS)
10.5 =
EPS =
=$9.52
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