Answer:
Jenna's net tax payment is $ 633.6
Explanation:
because;
$9 * 20 hour * 1 week = $180 h/w
$180 h/w * 4 week/ 1month = $720 h/m
$9 * 8 hours * 1 sunday = $72 h/s
$720 + $72 = $792 - 20% taxes = $633.6
$633.6 is jenna's basic salary
monthly expenses of $83.33
$633.6 - 83.33 = 550.27.
Monthly savings for the trip to Mexico is $125
True I think I am not 100% sure
Answer:
B) there are many firms in the industry.
Explanation:
Firms that have no power to set price on its own are known as price takers.
An example of firms that are price takers are perfect competition.
In a perfect competition, there are many buyers and sellers of homogenous goods. Prices are set by the forces of demand and supply.
Because there are many sellers of homogenous goods, sellers cannot influence the price of their product. If they increase the price of their product, the quantity demanded would fall to zero.
I hope my answer helps you.
A command economy is one where the government controls most things. The US is a mixed economy (some aspects of command, some aspects of market), and one aspect of the command economy that the US has is the DMV. You're forced to, for example, pay for licenses and license plates. The government regulates this.
Answer:
Explanation:
Dividend discount model (DDM) is a method of calculating the cost of equity. The formula is as follows;
cost of equity; r = (D1/P0) +g
whereby, D1= next year's dividend
P0 = Current price of the stock = 27
g = the stock's dividend growth rate = 8% or 0.08 as a decimal
D1 = D0 (1+g)
D1 = 2 (1+0.08) = 2.16
Next, plug in the numbers to the formula
r = (2.16/27)+0.08
r = 0.08 + 0.08
r = 0.16 or 16%
<u>Cost of equity using CAPM</u>
CAPM is Capital asset pricing model. It is also used to estimate the cost of equity.
CAPM; r = risk free + beta ( market risk premium)
r = 0.10 +1.2(0.05)
r = 0.10 + 0.06
r = 0.16 or 16%
Therefore, DDM and CAPM give the same cost of equity.
