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Elena-2011 [213]
3 years ago
7

Some people are in favor of reducing Federal taxes to increase consumer spending others are against it. Two person are selected

and their opinion are recorded .assuming no one is undecided, list the possible outcomes.
Business
1 answer:
densk [106]3 years ago
8 0

Answer:

Explanation:

There are four possible outcomes

In favor, in favor

In favour, unfavor

Unfavor, in favor

Unfavor, unfavor

<u>Particulars           Person</u>

<u>Outcome      1                 2 </u>

1                  For             Against

2                 For             For

3                Against       For

4                Against      Against

These are the possible outcomes

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3 years ago
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Mays, Inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. Included in the net income was $1
Rainbow [258]

Answer:

The dividends on common stock in 2014 for Mays, Inc was:

Dividends paid=$2650

Explanation:

1. You must follow the formula below to find out the Dividends Paid by Mays inc,

Payout ratio = (dividends paid/net earnings for the period) x 100 then,  

Dividends paid= (Payout Ratio/100) x net earnings for the period

Dividends paid= (25%/100)x$ 1'060.000

Dividends paid=$2650

8 0
3 years ago
Suppose american winemakers convince the federal government to issue a directive to serve only domestically produced wine at gov
Sever21 [200]

Answer:

B) rent seeking behavior

Explanation:

Rent seeking behavior refers to actions carried out by businesses that try to seek benefits through government policies. In other words, the businesses will try to make the government give them some type of special treatment or special benefit at the expense of the general population.

In this case, the American winemakers were able to convince government officials to only serve domestic wine at government events. The problem is that the general population (taxpayers) are the ones that pay for that wine. American winemakers will benefit at the expense of the taxpayers.

4 0
3 years ago
A merger is a mutual agreement where a firm joins together with another firm, whereas an acquisition is when one firm purchases
lesya692 [45]
What is the question here?
7 0
3 years ago
Thom owes $7,200 on his credit card. The credit card carries an APR of 18.4 percent compounded monthly. If Thom makes monthly pa
DanielleElmas [232]

Answer: 45 months

Explanation:

Credit owed $7200

Monthly payment $225

APR annaully 18.4%

Monthly APR = 18.4/12 = 1.533%

SOLUTION

1st Month interest payment

1.533% x $7200 / 100 = $110.40

Principal paid (monthly payment - interest paid) = $225 - $110.40 = $114.60

Balance ( principal - principal paid) = 7200 - 114.60 = $7085.40

2nd Month interest payment

1.533% x $7085.40 / 100 = $108.64

Principal paid (monthly payment - interest paid) = $225 - $108.64 = $116.36

Balance ( principal - principal paid) = $7085.40 - $116.36 = $6969.04

By following this step up to the 45th month you get $74.74 as the monthly payment this sums up to.

Month interest payment

1.533% x $74.74 / 100 = $1.15

Principal paid (monthly payment - interest paid) = $75.88 - $1.15 = $74.74

Balance ( principal - principal paid) = $74.74 - $74.74 = $0

The payment would be completed at exactly 45months

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