The tax refund that Lily can expect to get back from the tax authorities will be $15.80.
<h3>What is a tax?</h3>
A tax simply means the compulsory levy that's paid by the people and companies to the government.
In this case, the tax refund that Lily can expect back will be:
= 7.65% × $206
= $15.80
In conclusion, the correct option is $15.80.
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Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
What is Secondary Market?
Investors can acquire and sell securities they already possess on the secondary market. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market."
Therefore,
Market for new issues of securities is Primary Market and Market for already-existing securities is Secondary Market.
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Answer:
profit increase by 750 dollars
Explanation:
We must base our analisys considering only the loan board associated cost:
<em><u>contribution per long board:</u></em>
300 sales price - 225 variable cost = $75
total contribution for 250 units:
250x$75 = 18,750
<em><u>increase in fixed cost:</u></em>
69,000 - 51,000 = 18,000
incremental operating profit:
18,750 contribution - 18,000 fixed cost = 750
Answer:
$3 is Zoe's Bakery marginal cost and Short run profits are $150.
Explanation:
As a change in quantity is not specified, then, The Marginal cost is the average variable cost of producing 1 unit ($3). And the profit at 150 units produced and sell at a price of $5 is $150 as revenue is $750 and total cost is $600.
Answer:
E. Maximize the market value of the firm's stock
Explanation:
