Answer:
A. The quantity of backpacks supplied increases and the supply of backpacks is unchanged
Explanation:
The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
If the price of backpack increases, the quantity of backpacks supplied would increase. This would lead to an upward movement along the supply curve.
There would be no change in supply.
Changes in price only leads to changes in quantity supplied.
I hope my answer helps you
The net income for the year 2022 is: c. $88,000.
<h3>Net income for the year 2022</h3>
Using this formula
Net income=Revenues - Expenses
Let plug in the formula
Net income=$735,000-$647,000
Net income=$88,000
Therefore the correct option is c.
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Answer:
D) The Federal Reserve tightens interest rates in an effort to fight inflation.
Explanation:
When the Federal pursues a contractionary monetary policy to fight inflation, it sells securities in order to raise the interest rate.
A higher interest rate means that both investing and borrowing becomes more expensive. The firm's previous debts become more expensive because they interest rate is now higher. For this reason, other things held constant, the frim has to raise its target debt ratio.
Answer:
$184,804,000
Explanation:
The computation of the amount for capital funding raised through the bond issue is shown below:
= Debt issued × (1 - Underwriter’s spread)
where,
Debt issued is $196,600,000
And, the underwriter spread is 6%
Now putting these values to the above formula
So, the amount of capital funding raised is
= $196,600,000 × (1 - 6%)
= $196,600,000 × 0.94
= $184,804,000
