Answer: a) total assets will increase by less than four percent
Explanation:
Since the tax rate and the dividend payout ratio are fixed, and you have net working capital and all costs varying directly with sales, the total assets will increase by a value that is less than the annual increase in sales.
Answer:
ESS
Explanation:
Management support system are computer based system that are used by managers in carrying out their functions.It consists of Executive support system , Decision support system ,Expert system.
Executive support system is an arm of MSS that facilitates and assist seniors executive information and decision making needs.
It is an intermediary between internal and external information in connection to the organization goal.
Answer:
His American Opportunity tax credit is $2,500.
Explanation:
A taxpayer who has a modified adjusted gross income of $80,000 or less can claim the credit for the qualified expenses of an eligible student.
Taxpayers will receive a tax credit based on 100% of the first $2,000, plus 25% of the next $2,000 that is paid during the taxable year for tuition, fees and course materials and also, 40% of the credit (up to $1,000) is refundable.
Therefore, His American Opportunity tax credit is $2,500.
Answer:
The correct answer is letter "E": Normative.
Explanation:
Normative Economics incorporates <em>subjectivity </em>and <em>value judgments</em> focusing on what "<em>should be</em>". It is usually implemented at the governmental level. Normative Economics leaves the door open for future changes, eliminates absolute statements and provides an avenue for analysis of different economic scenarios.
