Answer: Yes it was a reasonable response to the change.
Explanation: It was a reasonable response to the change because there was surprise and fear of the unknown.
Answer:
a. 19,048
b. 2.1
c. $21
d. Before $2
After $2.1
e. Explanation of tax implication is below
Explanation:
a. Number of shares = Dividend per share × Number of shares outstanding ÷ cost per share
= 1 × 400,000 ÷ $21
= 19,048
b. Earning per share after repurchase = earnings ÷ (shares before-shares outstanding)
= $800,000 ÷ (400,000-19,048)
= 2.1
c. Market Price = Earning per share Price × Earning
= 2.1 × 10
= $21
d. Earning per share before = Earnings ÷ Before shares
= $800,000 ÷ 400,000
= $2
Earning per share after repurchase = $2.1
After share repurchase the earning per share has increased.
e) Price increased 21 dollars in share repurchased. The price remain constant in dividend payout the amount but additional 1 dollar in dividend the investors gains. If dividend is lesser than tax on capital gain then it will become drawback over collect dividend and vice versa.
Answer: If the price of bagels is reduced "a.The demand curve for doughnuts will shift to the left."
Explanation: Being substitute goods The decrease in the price of bagels causes consumers to prefer to consume bagets before donating, therefore the demand for donuts will shift to the left (decrease).
D, because automatic withdrawal is a schedule payment that takes place without either party having to do a thing as long as the account covera the balance.
Answer and Explanation:
Julie will have to pay for each month she is unable to file her return. She will be subjected to failure to file if she fails to file her tax return on the last date of the due date or extension date given to her. After that she will have to pay penalty. The penalty would increase with further delay.
