In order for a statewide income tax to be approved, there must be a vote with the majority approving the measure.
<span>Texas will not implement a statewide income tax in the immediate future because the voters will disapprove the measure.</span>
Answer:
Using the authority of the court
Explanation:
Sales & Revenue, Inc., discovers that defamatory statements about its policies and products are being posted in an online forum. TransWeb Inc., the Internet service provider whose users are posting the messages, refuses to disclose the identity of the person or persons responsible. Sales & Revenue files a suit against the anonymous users. The plaintiff can obtain from TransWeb the identity of the persons responsible for the defamatory messages by using the authority of the court.
Answer:
Esquire should purchase machine B since its present value is lower than machine B's ($69,917.73 < $73,356.18)
Explanation:
Machine A:
PV of purchase cost $63,000
PV of maintenance costs = $2,000 x 6.7101 (PV annuity factor, 10 periods, 8%) = $13,420.20
PV of resale value = -$6,615 / 1.08¹⁰ = -$3,064.02
total PV = $63,000 + $13,420.20 - $3,064.02 = $73,356.18
Machine B:
PV of purchase cost $52,500
PV of maintenance costs:
- $8,000 / 1.08³ = $6,350.66
- $10,000 / 1.08⁶ = $6,301.70
- $12,000 / 1.08⁸ = $4,765.37
total PV = $69,917.73
Answer:
c. $1.0 million for Lopes and by $1.5 million for HomeMax.
Explanation:
If Lopes and HomeMax both wants to maximize their profits they should choose a strategy which is beneficial for both of them. If both choose to increase the size of store and parking lot this will bring them maximum returns according to the matrix. They will be Nash equilibrium state which is a stable state.
