The state of Hawaii has a $1 million budget shortfall. In order to raise the revenue necessary to cover the shortfall, Hawaii increases the tax rate on surfboard rentals from 6% to 12%. Since most Hawaiians that surf own their boards, this is largely a tax on tourists. Last year, the pretax value of surfboard rentals was $16.67 million. Of course, there are plenty of other activities to do while visiting Hawaii and none of those activities had a tax rate increase. Hawaii's estimate of new revenue from the tax is just over $1,000,000. Hawaii uses what kind of forecasting

How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer

If consumers start to believe they need a product, what is likely to happen? a. the demand becomes less elastic. b. the demand becomes more elastic. c. the supply decreases. d. the price decreases.