se the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 8,600 Cost of goods sold 7,290 Depreciation 400 Earnings before interest and taxes $ 910 Interest paid 80 Taxable income $ 830 Taxes 291 Net income $ 539 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 140 $ 175 Accounts payable $ 1,150 $ 1,205 Accounts rec. 900 700 Long-term debt 990 1,255 Inventory 1,500 1,535 Common stock 3,190 2,890 Total $ 2,540 $ 2,410 Retained earnings 450 700 Net fixed assets 3,240 3,640 Total assets $ 5,780 $ 6,050 Total liab. & equity $ 5,780 $ 6,050 What is the return on equity for 2017? Multiple Choice 17.73% 18.65% 25.35% 15.01% 31.49% Next Visit question mapQuestion 1 of 16 Total1 of 16 Prev

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada

Match each economic concept with the scenarios that illustrates it