Answer: c. decrease.
Explanation:
If the cost of operating airplanes increases on account of gasoline prices rising, it means that running an airline service would be more expensive.
In the long-run, there is zero economic profit as companies keep entering and exiting the market. If costs increase as they have done here, there will be an economic loss. Several firms will therefore exit in order to avoid these costs which would lead to the number of airlines decreasing.
When they decrease, prices will then go up till the economic profit is zero once more.
They should reinforce the desired change in the employees.
The brainest answer would be appreciated.
Answer:
More information is required
Explanation:
A company has a market value of $990 million
The shares that are outstanding is $10 million
ROE is 20%
The first step is to calculate the net income
Net income = ROE × shareholder's equity
The shareholder equity value is not given in the question
Therefore it will be impossible to calculate the Earnings per share
Hence more information is required
Answer:
The Sales and data of purchases is not given for April.As a result, only inventory gain/(loss) shown in workings
Explanation:
The working is attached for easy calculation and understanding.
