Answer:
$1.97
Explanation:
EBIT/9,000 = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EBIT / 9,000 = [EBIT - $1,825] / 8074.07
EBIT = $17,739
EPS = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = [$17,739 - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = $1.97
I think a is the correct answer let me know if This helps
The amount of the surplus that is worthless to buyers and sellers but becomes tax income may be transferred to someone else through public policies, but it is not lost.
More about public policies:
The majority of the time, a government's established policies, laws, and behaviours make up its public policy. Concern over the new structure of government calls attention to how frequently state agencies now carry out these functions rather than the state itself.
By endorsing politicians and political parties, several individuals and organisations attempt to have an impact on public policy through the political process.
Learn more about public policy here:
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Answer:
it would have a positive income elasticity and it is a normal good
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
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