Answer: tax revenue
Explanation:
The Laffer Curve was developed by Arthur Laffer and it depicts the relationship that exists between the tax rates and tax revenue.which the government collects.
The curve is typically used to show that there can be an increase in the total revenue for an economy when the tax rate is reduced.
Answer:
$2.73
Explanation:
<em>Diluted Earnings Per Share = Earnings Attributed to Common Stockholders ÷ Weighted Average Number of Common Stockholders Outstanding</em>
where,
Earnings Attributed to Common Stockholders = $420,000
and
Weighted Average Number of Common Stockholders Outstanding = 110,000 + (11,000 x 4) = 154,000
therefore,
Diluted Earnings Per Share = $420,000 ÷ 154,000 = $2.73
Conclusion
Rudyard's diluted EPS is $2.73
Answer:
Offshoring
Explanation:
offshoring is the process of moving an aspect of a business process overseas with the intention of reducing cost.
A firm can move its manufacturing process from its own parent country to another country (usually where the labour rate and cost of raw materials is cheap compared to what it obtainable in its home country) in other to reduce its cost of production thereby increasing its added value.
From the above explanation, we can conclude that Prextos is planning to employ Offshoring to cut down losses.
Answer:
Option E, PURE DISCOUNT.
Explanation:
There are different types of loan, some are; principal only loan, interest only loan, amortized loan, compound loan, pure discount loan...
A pure discount loan is a loan in which the borrower receives money today and repays a single lump at some time in future. It is the simplest form of loan.
Practically, it means the borrower will not pay any interest over the years; instead the interest is earned when the loan is paid back at maturity.
For example, imagine you wanted to borrow $20,000 and pay back twelve months later. The interest and charges came to $2,000, you would receive $18,000 from the lender. But, you would still have to pay back the whole $20,000.
Therefore, since Cindy will be paying a lump sum equal to the cash amount she received today, it means that the lender already calculated the interest and other related charges and then discounted it from the face amount thereby making it equal at the point of repayment. The option that best suits the question is E, the type of loan PURE DISCOUNT.
<span>open opportunity - allows people to participate in the market of their choice and what they want to do in the market
legal equality - assures people in each market have the same rights</span>