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3 years ago

If the market demand for the product increases, in the short run a purely competitive firm:

Business

1 answer:

TiliK225 [7]3 years ago

8 0

Answer: D) Will earn higher profits or experience smaller losses as a result of change in the market

Explanation:

Perfect (pure) competition is a market form with very large no. of buyers (firms) & sellers, homogeneous products , uniform price , perfect information about prices .

So , in such case - firms are only 'price takers' from the industry price maker.

Increase in market demand for the industry product will shift the downward sloping market demand curve rightwards & firm's horizontal demand /AR / MR curve (horizontal because of uniform price & perfectly elastic demand) upwards .

This increase in marginal / average revenue will increase the perfect competition firm's profit or reduce its losses .

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Cason is filing as single and has 2019 taxable income of $36,000 which includes $34,000 0%/ 15 % / 20% net long-term MID capital

AleksandrR [38]

Answer:

The correct answer of this question is b-200$.

Explanation:

As per tax schedule if income from capital gain is less than 39,375$ 0% tax is charge lieved.

So on his income from capital gain that is 34,000 dollars no tax will be charge. However the remaining income is subject to income tax that is (36000-34000)= 2000 dollars. So Cason is liable to pay tax equals to 200$. (2000*10%)

As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.

5 0

3 years ago

g On January 1, 2020, Marigold Company issued 10-year, $1,890,000 face value, 6% bonds, at par. Each $1,000 bond is convertible

Yanka [14]

Answer:

$3.78

Explanation:

The First step is to calculate basic earning per share then making the adjustments to the basic earning per share to arrive to a diluted earning per share.

Basic Earning per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stock Holders.

Earnings Attributable to Holders of Common Stock Calculation :

Net Income $470,000

Less Bond Interest ($1,890,000×6%×80%) ($90,720)

Earnings Attributable to Holders of Common Stock $379,280

Weighted Average Number of Common Stock Holders Calculation :

Outstanding Common Shares 94,000

Weighted Average Number of Common Stock Holders 94,000

Basic Earning per Share = $379,280 / 94,000 = $4.03

Diluted Earnings per Share = Adjusted Earnings Attributable to Holders of Common Stock / Adjusted Weighted Average Number of Common Stock Holders.

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Earnings Attributable to Holders of Common Stock $379,280

Add Back Bond Interest ($1,890,000×6%×80%) $90,720

Adjusted Earnings Attributable to Holders of Common Stock $470,000

Adjusted Weighted Average Number of Common Stock Holders.

Outstanding Common Shares 94,000

Add Convertible Bonds ($1,890,000/$1,000×16) 30,240

Adjusted Weighted Average Number of Common Stock Holders 124,240

Diluted Earnings per Share = $470,000 / 124,240 = $3.78

6 0

3 years ago

Elise is the marketing manager in a travel company. She is planning to place an advertisement in local newspapers to promote her

Scorpion4ik [409]

Answer:

The answer is C. link the advertisements to online promotions.

Explanation:

Now lets take a look at it one by one and see why C is the answer.

As in option A, she can ask a few friends whether they've seen the ad or not, but their replies would not accurately show the success of the promotion strategy.

In Option B, it take some time to measure the results and the quarterly sales numbers can be influenced by many factors and may not reflect the impact of this specific promotional campaign.

Option D is irrelevant, Elise's company sales and the sales of the newspapers are not related. So we can not take this as an answer.

Option C however is very applicable. If you link the advertisements to online promotions, when those who read the news paper comes to check the online promotion, we can see how well has the ad performed based on the number of online enrollments of the readers.

6 0

3 years ago

Hunter Company had a FUTA taxable payroll of $192,700 for the year. Since the company is located in a state that has 1.5% FUTA c

ArbitrLikvidat [17]

Answer:

Hunter's FUTA tax liability for the year is $147

Explanation: see attached file

3 0

3 years ago

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2010, a painting

timurjin [86]

Annual rate of return is the amount you gain/lose on average each year. it is calculate as the following:

Rate of Return = (ending value - amount invested) / the number of years

(1,100,000 - 1,680,000) / 3 = annual rate of return

3 0

3 years ago