Quantity demanded of a good
Why does the quantity demanded of a good increase when the its price falls? Is it because it increases the real income of the buyers in the market, allowing them to buy more at a cheaper price?
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In 2013 Conlin suffered a net operating loss of $491,700, which it elected to carry back. The 2013 enacted tax rate is 29%. Prepare Conlin's entry to record the effect of the loss carryback.
Illustrate the demand curve. How much will consumers spend on shoes at a price of $80? As price drops from $100 to $80, is the demand elastic or inelastic? Show your work or reasoning.
By reducing labor and other operating costs, the machine would provide annual cost savings of $72,000. The company requires a minimum pretax return of 18% on all investment projects. What is the net present value of the proposed project?
Undersymington Company has an opportunity to invest in a machine that would cost $28,000, and that would produce cost savings of $8,000 each year for the next five years. The machine has zero salvage value. What is the internal rate of return?
Assume earnings subject to state and federal unemployment compensation taxes are $5,250 at the federal rate of 0.8% and state rate of 5.4%. What are the journal entry to record the payroll tax expense for the period.
Identify weaknesses in ABC's expenditure cycle procedures, explain the resulting problems, and suggest how to correct those problems
The building and lot can be sold at the end of 20 years for the $9,000 estimated value of the lot. A more optimistic estimate of the future value of the property is that it can be sold for $100,000 at the end of the 20 years.
In rollback equilbrium, what is each player?s ?final pay? Suppose the game from part (b) is modi?ed as follows. Smith does not have ?deep pockets?: if there is a ?ght in market A, so he loses 10, he is bankrupt and cannot enter in market.
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