Answer:
income elasticity = -0.385
Interpretation:
if income increase then potatoes demand decrease
if income drops, potatoes demand increase.
-40 x -.385 = 15.4 increase
60 x 15.4 = 69.24 ≅ 70
Explanation:
midpoint formula:
q1 60
q2 70
p1 30,000
p2 20,000
income elasticity = -0.385
Answer:
5.14%
Explanation:
Determining the pretax cost of debt is the first to do prior to ascertaining after tax cost of debt.
Pretax cost of debt can be computed using the rate formula in excel.
=rate(nper,pmt,-pv,fv)
nper is the number of times the bond would coupon interest,hence paying coupon every six months for 20 years means 40 coupon payments
pmt is the semiannual coupon bondholders would received from the bond i.e $1000*7.25%*6/12=$36.25
pv is the current market price at $875
fv is the face value of $1000
=rate(40,36.25,-875,1000)=4.28% semiannually
=4.28%
*2=8.56% annually
after tax cost of debt=8.56%*(1-t),where t is the tax rate of 40% or 0.40
after tax cost of debt=8.56%*(1-0.4)=5.14%
Answer:
c. large
Explanation:
If Jill attends a leadership training session at her company’s corporate offices and there are six trainers and 48 participants at the seminar. This would be an example of a <u>large </u>group
By definition large groups are secondary groups of many persons and are impersonal. They are often task-focused and time-limited. They serve an instrumental function rather than an expressive one, implying that their role is more goal- or task-oriented than emotional. Examples include A classroom or office.
Social security spending is what would help out everyone , not just the military . Additional money spent on social security would greatly help out
