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3 years ago

The term inferior goods refers to what kind of goods?b

2 answers:

8 0

The term inferior goods refers to goods that consumers demand less of when their incomes increase. The demand of this good would also decrease when the real GDP of the country increases. This would happen when a good would have a substitute that has more cost or price which would have an increase its demand as the people improve their income. An example would be coffee. A coffee from Mcdonald would be inferior to the coffee that is from Starbucks. When a person's income decrease, he would tend to buy coffee daily from McDonald since it is more affordable as compared to Starbucks. However, when his income rises, he would be preferring the one from Starbucks.

Zigmanuir [339]3 years ago

7 0

Answer:

Goods that consumers demand more of when their income increase!!!!!!!

Explanation:

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Green Roof Foods currently has a debt-to-equity ratio of .63, its cost of equity is 13.6 percent, and its pretax cost of debt is

Snowcat [4.5K]

Answer:

d.9.34%

Explanation:

The formula for the weighted average cost of capital is provided below as a starting point for solving this question:

WACC=(weight of equity*cost of equity)+(weight of debt*after-tax cost of debt)

weight of equity=1-debt %=1-50%=50%

weight of debt=50%

cost of equity=13.6%

after-tax cost of debt=7.8%*(1-35%)

after-tax cost of debt=5.07%

WACC=(50%*13.6%)+(50%*5.07%)

WACC=9.34%

The discount rate is computed based on the target or preferred capital structure

8 0

3 years ago

homas is planning to start his own business in 10 years, at which time he will buy all the equipment and land needed. Currently

aalyn [17]

Answer:

FV $4,594,590

Explanation:

The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.

We solve for the future value of an annuity-due of 4 year at 10% interest rate:

$C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\$

C 900,000.00

time 4

rate 0.1

$900000 \times \frac{(1+0.1)^{4} -1}{0.1}(1+0.1) = FV\\$

FV $4,594,590

This is the amount accumualted at the end of the tenth year

6 0

3 years ago

What type of checking account charges a small fee for every check that clears the account?

erma4kov [3.2K]

The type of checking account that charges a small fee for every check that clears the account is a Cost-per-check account

I hope this helps! :)

-Ayden

8 0

4 years ago

Read 2 more answers

Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l

sergejj [24]

Answer:

It will be a financial disadvantage of Alternative Y over Alternative X

which menas, alternative X is better as their work is lower.

Explanation:

$\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]$

6 0

3 years ago

Before it was publicly known that IBM was going to take over Lotus Development, an IBM secretary told her husband, who told two

aalyn [17]

Answer:

Insider Trading

Explanation:

These people were insider trading because they were using non public material information to trade stocks and make profit. The information was confidential thus it was non public and the information could change the price of the stock that is why it was material and these people used this information to trade the stock thus they were all insider trading.

4 0

3 years ago