Answer:
$41,850
Explanation:
Chatfield report as the current portion of its income tax expense in the year 2018
Taxable income X Tax Rate for 2018
$155,000 X 27% = $41,850
Answer:
The correct answer is: decrease; $195; $190; $165.
Explanation:
A study found the noise from rock concerts to be harmful.
To correct the externality created by the concerts, the government imposes a tax $30 on sale of each unit.
The price of tickets was initially $190.
After the imposition of the corrective tax, the price increased to $195.
This increase in price will cause the demand for tickets to decrease. As a result, the number of concert tickets sold will decrease.
The socially optimal price of the tickets is $195, as this price eliminates externalities.
The private market price is the price which was creating externalities, in this case, it is $190.
We can find the price received by the firms by deducting the tax amount from the new price.
The price received by the firms is
= $195 - $30
= $165
Answer:
Value of firm in levered plan = $4,930,000
Explanation:
We can find the price per share by dividing the amount of debt used to repurchase shares by the number of shares repurchased. Doing so we get the share price:
Share price = $1,450,000 / (170,000 -120,000)
Share price = $29
Now the value of firm in all equity plan = $29 x 170,000 = $4,930,000
Value of firm in levered plan = $29 x 120,000 + $1,450,000
Value of firm in levered plan = $4,930,000
Answer:
Profit is higher, and output level is lower in Cournot.
Explanation:
Cournot competition is a type of economic model which describes an industry setting whereby firms that produce the same product compete on the amount of product to manufacture.
This type of competition involves more than one firm in which each firm's output decision affects the price of the product in the market. In cournot equilibrum each firm decide on the quantity of products to produce inorder to maximise profit.
Answer:recession or contraction
Explanation:
