Answer:
increase
Explanation:
According to my research on economics, I can say that based on the information provided within the question if the prices of cigarettes decrease then the demand will increase. This can be said because cigarettes are a luxury item, meaning they are not a necessity but something that the people want. Therefore if prices decrease people will want to buy more of them.
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Answer:
d. All of these choices are correct.
Explanation:
The earning per share shows a relationship between the net income after considering the preference dividend and the number of outstanding shares
The formula is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of outstanding shares)
Moreover, it is used for the comparison and it must be reported by a public company on a quarterly basis or annual basis
Answer:
B. $2,554.37
Explanation:
In this question we use the Future value formula which is shown below:
Future value = Present value × (1 + rate)^number of years
where,
Present value = $2,400
Rate = 0.625 ÷ 12 = 0.0052083333
Number of years = 1 month × 12 months = 12
So, the future value
= $2,400 × (1 + 0.0052083333
)^12
= $,2,400 × 1.0643218146
= $2,554.37
