"jasper company, inc. is a wholesaler that buys merchandise in large quantities. its supplier's catalog indicates a list price of $500 per unit on merchandise jasper intends to purchase, and the supplier offers a 30% trade discount for large quantity purchases. the cost of shipping the merchandise is $7 per unit. jasper's net purchase price per unit will be: "

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Your take on decision making process

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease