Charlie consumes apples and bananas. His two indifference curve equations are x2 = 20−4x1/2 1 and x2 = 24−4x1/2 1 where x1 is his consumption of apples and x2 is his consumption of bananas. He has quasilinear utility. What is Charlie’s marginal rate of substitution, MRS(x1,x2) when he is consuming the bundle (10, 21) and when he is consuming the bundle (8, 10)? HINT: Given these two indifference curve equations, first find the utility function and then find the MRS.

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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

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was