Answer:
b) $.19
Explanation:
Diluted earnings per share
= [net income + (convertible debt interest(1 - tax rate)]/(outstanding common shares + potential shares
)
= [$2000 + ($400×(1 - 0.40)]/(10000 + 2000
)
= $2240/12000
= $0.19
Diluted earnings per share for 2016 would be $0.19
Answer:
The economy is expanding quickly.
Explanation:
Aggregate supply is a measure of the total supply of goods and services made available by the supplier in an economy.
The normal aggregate supply curve is one with a positive slope. That is as price increases there is an increase in aggregate supply, and when price reduces aggregate supply also reduces.
However when aggregate supply curve is vertical, only one level of output is produced no matter the rise or fall of price.
This indicates that the economy is producing at capacity, and any increase in price will not result in increase in output.
It does not mean that the economy is expanding quickly.
Answer:
Productivity.
Explanation:
Productivity is commonly defined as a ratio between the output volume and the volume of inputs. In other words, it measures how efficiently production inputs, such as labour and capital, are being used in an economy to produce a given level of output.
