Answer:
Please find the answer in the attached image
Explanation:
Please find attached the table used in answering this question
Marginal benefit is the change in total benefit when consumption is increased by one unit
Please find attached the image used in answering this question
Answer:
Correct option is A.
<u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
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Explanation:
If property is inherited by a taxpayer, <u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
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As per the the law when property is transferred on account of death, then basis to the recipient is the fair market value at the time of death of decedent's.
Answer:
B. middle managers
Explanation:
Middle managers and lower managers are responsible for implementation of the organization's strategies. However, middle managers are in charge of the lower level managers and the former report to the top-level managers. Top level managers on the other hand are usually responsible for broad strategic planning that covers huge investment decisions, company polices and strategic alliances; they determine the trajectory of the company.
Answer:
the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.
Answer:
WACC = 5.32%
Explanation:
bond's YTM = 8%
cost of equity = 10%
tax rate = 40%
total bonds = $900,000,000
total common stocks = $100,000,000
total firm's value = $1,000,000,000
to simplify the process I will use hundreds of millions
WACC = (1/10 x 10%) + [9/10 x 8% x (1 - 40%)] = 1% + 4.32% = 5.32%
