<span>A good orientation would have explored the changes in these usage trends. By doing this, they could have figured out how to best market to these customers and maximize their profits. Even though there were drops in consumption, understanding and targeting those who still did consume would have borne the most success for those companies that undertook these steps.</span>
The attached picture entails the Income tax that is filed for 4 different tax payer.
<h3>What is a spousal pay?</h3>
In U.S., this refers to periodic and predetermined sum awarded to a spouse or former spouse following a separation or divorce.
Actually, the spousal pay is not involved in the calculation of the Income Tax which is filled in the attached picture.
Read more about spousal pay
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Answer:
c. $10.
Explanation:
Suppose the government imposes a $10 per month tax on cell phone service. If the demand curve for cell phone service is perfectly inelastic and the supply curve is upward-sloping, the monthly price for <u>cell phone service will increase by $10.</u>
As given, the government imposes a $10 per month tax on cell phone service, which means the price of cell phone services will be costlier and increases, however, the demand curve for cell phone service is perfectly inelastic, which mean price of the product does not have any impact on the demand of the product. Then it is given the supply curve is upward sloping, which reflects the higher price of cell phone service is needed to cover the higher marginal cost of production. Therefore, the monthly price for cell phone service will increase by $10.
Answer:
quarterly coupon payment = $22.25
Explanation:
effective annual interest rate of current bonds = (1 + 9%/2)² - 1 = 9.2025%
if the new bonds will have quarterly payments, then the nominal interest rate should be:
1.092025 = (1 + r/4)⁴
⁴√1.092025 = ⁴√(1 + r/4)⁴
1.02225 = 1 + r/4
0.02225 = r/4
r = 8.9% annual
quarterly rate = 2.225%
quarterly coupon payment = $22.25
Answer:
The price will be $16.33.
Explanation:
In finance, a reverse stock split is a method where shares are merged to form a smaller number of proportionally more valuable shares. A reverse stock split is also called a stock merge.
If the reverse stock is 3-for-7, that means for every 7 shares an investor have, he will receive 3 shares with a proportional value.
So 3 shares will have the same value than 7 shares of $7 (this is $49). Finally, each share willhave a price of 49/3 = $16.33
