Answer: <em><u>16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.</u></em>
Explanation:
This is an example of static forecasting since no time parameter is involved.
Now,
Let initial revenue be "R" ,
"n" be no. of taxpayer
∴ R= 65000×0.15×n
R +0.1R= 65000×rate×n
Using the above two equation, we'll get ;
<u><em>r = 16.5%</em></u>
The answer is True. You have more samples, the result is more accurate.
Answer:
Earnings per share 2016 = $0.00073
Earnings per share 2017 = $0.00095
Explanation:
Earnings per share relates to a period and not for a particular date, therefore, it is computed based on the average number of shares for the period.
Net income for each year
2017 = $62,000
2016 = $50,700
Shares at the end of year
2017 = 64,507,000
2016 = 66,282,000
2015 = 73,139,000
Average shares of 2016 = 
Average shares of 2017 = 
= 65,394,500
Earning per share for 2016 = 
Earnings per share for 2017 = 
TRUE. Marketing communication should be considered effective when it generates the advertiser's desired response.
The goal of the advertiser is not only to get the attention of its target market regarding the product they are advertising but to actually buy the product. They are tasked to help the company generate sales on the product they are advertising. If none of the target market is interested in buying the product they are advertising, then their marketing communication is ineffective.
