Y = 100,120,125,140,80,115,166,200. Calculate the corresponding consumption levels using the relationship specified and plot the figures on a two-dimensional graph with consumption C at the vertical axis and income Y at the horizontal axis
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On 1/1/X1, P acquired 80% of S for $800,000 when S's equity included $500,000 capital stock and $500,000 of Retained Earnings. During years X1 and X2 S earned $100,000 and $120,000, respectively. In both years, S paid $20,000 of dividends.
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