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.
  • 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?