Answer:
$17 gives 100 utils
So, $1 gives 100/17 utils
which implies that $20 gives (100/17)*20 = 117.65
So additional utils = $117.65 - $100 = $17.65
Hence, $17.65 is the additional utils
Explanation:
$0 is needed
<u>Explanation:</u>
As per pecking order theory the risks and consequently cost increases in the order of own cash reserves, debt and then fresh equity
. Since own cash reserves and debt could take care of funding requirement, so according to the pecking order theory as studied, the fresh equity needed is $0, which means there is no requirement.
Therefore, there should be no equity capital that should be raised in order to fund the project.
The correct answer is $0 equity.
Answer:
Explanation:
The U.S. imposes substantial taxes on cigarettes but not on loose tobacco. When the tax on cigarettes went into effect, the demand for home cigarette rolling machines most likely increased, causing the price of cigarette rolling machines to rise and the quantity of machines purchased to rise.
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