Congress gave and lay the order to collect taxes
Answer:
FV= $362,857.42
Explanation:
Giving the following information:
Initial investment (PV)= $270,000
Number of periods (n)= 5*2 = 10 semesters
Interest rate (i)= 0.06/2 = 0.03
<u>To calculate the future value (FV), we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^n
FV= 270,000*(1.03^10)
FV= $362,857.42
Answer:
$208,530
Explanation:
The computation of value of levered firm is shown below:-
For computing the value of levered firm first we need to compute the Value of Unleavened firm
Value of unlevered firm = Earning before interest and tax × (1 - tax rate) ÷ Cost unlevered of Capital
= $39,000 × (1 - 33%) ÷ 15%
= $39,000 × 0.67 ÷ 15%
= $39,000 × 4.67
= $182,130
Now, the Value of levered firm = Value of unlevered firm + Outstanding debt × Tax rate
= $182,130 + $80,000 × 33%
= $182,130 + $26,400
= $208,530
The reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
<h3>What is an inferior good?</h3>
An inferior good is a concept used in economics to describe a product whose demand falls as people's earnings increase. As salaries and the economy improve, people begin to replace these things with more expensive alternatives.
- The demand for an inferior good usually falls as consumer income grows, as opposed to normal goods, which experience the reverse.
Therefore, we can conclude that the reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
Learn more about inferior goods here:
brainly.com/question/6039968
Organizations that assist in moving goods and services from producers to businesses (B2B) and from businesses to consumers (B2C) are called marketing intermediaries.
<h3>What is the purpose of marketing intermediaries?</h3>
marketing intermediaries are those organizations that stand in the gap to
make sure the goods from the producer get to the consumers.
They usually appears as wholesaler and they Organizations that assist in moving goods and services from producers to businesses.
Learn more about marketing intermediaries at:
brainly.com/question/14457086
#SPJ1