Question 16
The income elasticity is +2 and income increases by 20%. Sales were 5000 units, what will they be now?
Question 17
What statement(s) is/are true?
I). Deferred taxes are determined on the basis of average tax rates determined on an industry-by-industry basis.
II). Computation of taxable income is based on the matching principle.
I). Deferred taxes are determined on the basis of average tax rates determined on an industry-by-industry basis.
II). Computation of taxable income is based on the matching principle.
Question 18
The price elasticity of demand is a negative number. This means:
Question 19
If a 20-day moving average is crossing from above a 60-day moving average, the movement is known as a:
Question 20
Consider a forward of 100 GOOG shares with Settlement Date of January 1, 20X6 while today is
January 1, 20X2. Price of GOOG today is $500. The 6-month discount rate is 2.5%. The stock is expected to pay a $20 dividend every 12 months, beginning from July 1, 20X2. What should the forward price be?
January 1, 20X2. Price of GOOG today is $500. The 6-month discount rate is 2.5%. The stock is expected to pay a $20 dividend every 12 months, beginning from July 1, 20X2. What should the forward price be?