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Butteryfly Tractors had 15 million in sales last year. Cost of Goods sold was $8 million, depreciation expense was $2 million, interest payment on outstanding debt was $1 million, and the firms tax rate was 35%.
What was the firms net income?
What was the firms cash flow?
Federal excise taxes on gasoline vary widely across the developed world. The United States has the lowest taxes at USD $0.40 per gallon (or £0.07 per liter); Canada has taxes of $0.60 per gallon, Japan and much of Europe is $2.00 per gallon, while Br..
Suppose the President gets Congress to pass legislation that encourages investment in research and the development of new technologies. Assuming this policy leads to a positive productivity change for the U.S. economy, use aggregate demand and supply..
The Acme Waste Company of New York City dumps waste into the Atlantic. What is the market price of disposal? At this price how many tons will be disposed? What is the efficient amount of waste disposed? What price should be charged for disposal?
If savings were to decrease so that people were spending more of their income, would this cause the spending multiplier to get large,r get smaller.
A company issued 10 year, 7% bonds with a par value of $100,000. The company received $96,526 for the bonds. Using the straight line method, the amount of interest expense for the first semi-annual interest period is:
There are a large number of chicken farms of varying sizes on the Delmarva peninsula and together they produce huge quantities of fecal waste. Suppose that a system of tradeable permits is created in which each permit authorizes one ton of waste runo..
Florence is considering going into business for herself and has developed the following estimates of monthly costs and revenues to aid her in her decision making process. She has decided to house the business in a building that she already owns, alth..
Evaluate how average, total, and marginal costs change as the output of a good or service of your choice increases. Can economies of scale be maintained despite high start-up costs.
Aramco Inc operates in a competitive market with the cost function as follows: TC = 100 + q3 – 12q2 + 60q. If the price per unit is $ 20, find equilibrium level of output. Determine the shutdown quantity of this firm.
Give an example of a traditional mechanism used to detect failures in distributed systems. Give an example of a traditional mechanism used to improve availability in distributed systems.
An average yearly rate of 10 to 11 percent in the late 1980s. Illustrate what effect did this decline have on.
What happens to consumers who are not making minimum wage? (Assuming that minimum wage has increased and the economy is at equilibrium) Show a graph explaining what you said in Part 1 "using curves associated with monopolistic competition in the shor..
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