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In 2014, Chesterfield Industries had sales of $1,200,000. The company had operating expenses (including depreciation) of $540,000, depreciation expense of $82,000 and interest expense of $54,000. Cost of goods sold was $280,000 and the company is subject to a 30% tax rate. The company had 50,000 shares of common stock outstanding. What is Chesterfield Industries' earnings per share? What is Chesterfields operating cash flow? If the firm paid out $1.10 per share as dividends, how much in total did they add to retained earnings for 2014?
Which of the following will not tend to increase the elastic you of demand for a good ?
How has the median income of women compared to men changed since 1980? What do you think is the cause? Women’s income as a fraction of men’s income has fallen because men are still the majority of workers in high-paying jobs, such as management, cons..
Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of –0.5. Explain why the reduction in employme..
The Colleges are facing issues of survival after the government further cut their funding. Two colleges have decided to merge to safeguard their provision and safeguard their staff jobs. List the major stakeholders that will be effected by the colleg..
The unemployment rate in November 2011 came down to 8.6% from 9.0% in the previous month. What could have been a possible reason for the decrease in the unemployment rate even when many new were not created in the economy at that time?
An indifference curve involving two goods identifies the:
A firm contemplating entering the market would need to invest $100 million to build a minimum efficient scale production plant. Such a plant could produce about 100 million pounds of cereal per year. What would be the average fixed costs of this plan..
The demand for Pepsi is more elastic Than the demand for soda. The effect of taxing demanders are the same as taxing suppliers.
Show and explain the equation of exchange based upon the income velocity of money. Briefly summarize the conditions under which changes in the supply of money are likely to exert a predictable influence upon aggregate economic activity.
If Brittians labor productivity in the production of umberllas, we would say that britton as a(n):
The owner of a baseball team and local stadium has commissioned a study that showed the demand by fans for stadium seats (per playing date) to be P = 22 - 0.2Q, where P is the average price of a ticket and Q represents the number of seats (expressed ..
A large life insurance company has decided to switch from using a strong fear appeal to a humorous approach. What are the strengths and weaknesses of such a change in message strategy?
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