An indifference curve is a curve that shows combinations of goods among which an individual is indifferent. That is, total utility remains constant.

Number of average common shares:
1 /1 5,500 shares issued (includes 10% stock dividend on 6/1) x 12 = 66,000 7/1 1,000 shares repurchased x6 months = -6,000 = 60,000 60,000 shares/12 months = 5,000 average shares Preferred dividends = ($10)($1000) = $10,000 Number of shares from the conversion of the preferred shares =
(1000 preferred shares)(8 shares of common/share of preferred) = 8000 common Diluted EPS =
[$15,000(NI) - $10,000(pfd) + $10,000(pfd)]/5000(common shares) + 8000(shares from the conv.
pfd.shares) = $15,000/13,000 shares = $1.15/share
This number needs to be compared to basic EPS to see if the preferred shares are antidilutive.
Basic EPS = [$15,000(NI) - $10,000(preferred dividends)]/5,000 shares = $5,000/5,000 shares = $1/share
Since the EPS after the conversion of the preferred shares is greater than before the conversion the preferred shares are antidilutive and they should not be treated as common in computing diluted EPS.
Therefore diluted EPS is the same as basic EPS or $1/share.

This means that an increase in price leads to a fall in quantity demanded; this means the demand curve is downward sloping.
We cannot tell how responsive the quantity demanded from this, only that price and quantity demanded are inversely related.

B: the number of days in the accounts receivable period. C: the number of days in the inventory period. D: the number of days in the cash cycle. 118 days: the number of days in the operating cycle.

There is an inverse relationship between a bond's price and its required return. The elasticity of a bond's price with respect to its required return is inversely related to the bond's coupon rate.