Answer:
A. The government lowers tax rates and undertakes a replacement of old bridges and roads
B. The government lowers tax rates and issues a partial refund of taxes that have already been paid
These 2 statements are correct explained below
Explanation:
A. The government lowers tax rates and undertakes a replacement of old bridges and roads, this statement is correct because when the government lowers tax rates it means that people have higher disposable income on their hands therefore they can spend more which increases demand, and people also invest more which increases supply, also the replacement of bridges and roads is improvement in infrastructure and this also increases supply as transportation is easier and cheaper for businesses.
B. The government lowers tax rates and issues a partial refund of taxes that have already been paid, this statement is correct because when the government lowers tax rates it means that people have higher disposable income on their hands therefore they can spend more which increases demand, and people also invest more which increases supply, also refund of taxes will increase the disposable money that people have so they can invest and consume both which will increase both supply and demand.
C. The government raises tax rates and reduces unemployment insurance payment
This is contraction fiscal policy and will do the opposite of expansionary fiscal policy, that is why this statement is incorrect.
D. The Federal Reserve increases the money supply and lowers the interest rate while the government simultaneously reduces future taxes. This statement is wrong because lowering the interest rate is an expansionary monetary policy and not an expansionary fiscal policy.
Answer: Option (c) is correct.
Explanation:
Given that,
EPS = $3.50
Book value per share = $22.75
Shares outstanding = 220,000
Debt-to-assets ratio = 46%
Total Equity (Book Value) = Book value per share × Shares outstanding
= $22.75 × 220,000
= $5,005,000
Total Assets = 
= 
= $9,268,518.52
Debt outstanding = Total Assets - Total Equity
= $9,268,518.52 - $5,005,000
= $4,263,518.52
= $4,263,519 (approx)
Answer:
Yes
Explanation:
The Desses would have had a stronger argument if the contract was silent in this way because it would have been less likely that there was a designated class of third-party beneficiaries under the contract.
Cheers
Answer:
42,000
Explanation:
net inventory change + net a/p change
