Answer:
Option (C) is correct.
Explanation:
Negative Indirect.
This is due to the indirect affect of tax on the purchase of new vehicle because a new tax on gasoline reduces the consumers incentive to the buy the new vehicles. Therefore, it is a negative indirect incentive.
Also, there is a fall in the number of cars or vehicles purchased because of the tax imposed on the gasoline.
Answer:
44,167.67 shares
Explanation:
Given that
Number of shares of stock outstanding = 265,000
Sale value per share of stock = $76
Number of seat for election = 5
So by considering the above information, the number of shares needed by using the cumulative voting is
= {shares outstanding ÷ (number of seats + 1) + 1}
= {(265,000 shares ÷ (5 +1) +1}
= 44,167.67 shares
Answer:
$200,000
Explanation:
As we know that
The net income is the income that is generated when we deduct all expenses incurred from all revenues generated that is reflected on the income statement
In mathematically,
Net income = Revenues earned - expenses incurred
= $450,000 - $250,000
= $200,000
Answer:
The correct option is B
Explanation:
The return on assets would be:
Return on assets (ROA)= Assets × Return
= $45,000,000 × 12%
= $5,400,000
Return per customer = ROA / Number of golfers
= $5,400,000 / 400,000
= $13.50
Fixed Cost per Customer = Fixed Cost / Number of golfers
= $20,000,000 / 400,000
= $50
Cost to be charged per customer = Profit + Fixed Cost + Variable Cost
= $13.50 + $50 + $15
= $78.50
