Alex Chunn Inc. has the following financial data for 2019 for its three regional divisions: Historical Cost Current Cost RegionOperating IncomeNet Book ValueGross Book Value Replacement CostLiquidation Value North Atlantic$65,000 $250,000 $450,000 $990,000 $350,000 Mid Atlantic 40,000 290,000 310,000 380,000 445,000 South Atlantic 30,000 100,000 180,000 650,000 980,000 Required: a. Calculate return on sales (ROS) for each division for 2019. The sales in the North Atlantic, Mid Atlantic, and South Atlantic regions are $2,350,000, $1,450,000, and $500,000, respectively. b. Calculate asset turnover (AT) and return on investment (ROI) for each of the four measures of investment.

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.