The availability of oranges will decrease drastically in the near future as the hurricane destroyed half of the orange crop.
How do demands work?1. The demand was not going to change.
According to what we've been informed, demand is somewhat inelastic, therefore it wouldn't change.
2. There will be a REDUCE in the supply of oranges.
Hurricane Irma devastated half of the orange harvest. Because there won't be as many oranges to sell, the supply of oranges on the market will decrease.
3. The cost of oranges will rise in the market.
When the supply declines and the demand remains constant, the supply curve shifts to the left, and the new equilibrium is a higher market price to account for the shortage.
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Assume that Kubin Company produced 29,250 units and expects to sell 28,900 of them. If a new customer unexpectedly emerges and expresses interest in buying the 350 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer?
The incremental selling and administrative cost per unit incurred to sell the additional 350 units to the new customer is $0.
To calculate the incremental selling and administrative cost per unit incurred to sell the additional 350 units, we need to consider the total selling and administrative costs associated with the production of the 29,250 units and divide it by the total number of units.
Let's assume that the total selling and administrative costs for producing and selling the 29,250 units amount to $X.
The incremental selling and administrative cost per unit can be calculated as follows:
Incremental Selling and Administrative Cost per Unit = (Total Selling and Administrative Costs for 29,250 units - Total Selling and Administrative Costs for 28,900 units) / 350
Since the company expects to sell 28,900 units, we can assume that the selling and administrative costs for these units have already been accounted for. Therefore, we only need to calculate the incremental cost for the additional 350 units.
Incremental Selling and Administrative Cost per Unit = ($X - $X) / 350 = $0 / 350 = $0
This implies that there are no additional costs associated with selling these units, as the selling and administrative costs have already been covered by the production of the initial batch of units.
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One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
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You are considering switching your Internet and cable providers and DIRECTV is advertising an introductory rate of $30 a month for a two-year contract the introductory rate goes away after six months and the rate will raise to $75 a month after that in aaddition to switch now you will be entered into a drawing for a chance to be an extra in the companies next hilarious commercial you pay $50 a month with your current provider and there's no contract should you switch?
Answer:
DIRECTV:
($30)(6) + ($75)(18) = $1530
Current:
($50)(24) + $1200
Do not switch providers.
Explanation:
You should not switch providers because, in the long run, you will be paying less money with your current provider than with DIRECTV. Emotionally, you may want to purchase DIRECTV's contract because of the drawing; however, there is a low probability that you would actually be chosen, so it is not worth the increase in payments.
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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Suppose your grandma sends you $100 for your birthday and you deposit $100 into your checking account at the local bank. The reserve ratio is 10%. Based upon this deposit, the bank's excess reserves have increased by _____ and, if the bank lends all excess reserves, the money supply could eventually grow by as much as _____. * 10 points A. $90; $1000 B. $100; $900 C. $90; $900 D. $100; $1000 E. $10; $1000
Based upon this deposit, the bank's excess reserves have increased by $90 and, if the bank lends all excess reserves, the money supply could eventually grow by as much as $1000.
Fractional reserve banking is a banking system where a percentage of all deposits are kept as reserves with the central bank. The amount kept as reserves is determined by the reserve ratio.
If the reserve ratio is 10%, the percentage of the bank's excess reserve is 90% (100% - 10%).
Amount of excess reserves = 90% x $100 = $90.
The total increase in money supply can be determined by the money multiplier.
Money multiplier = amount deposited / reserve requirement
$100 / 10%
$100 / 0.1 = $1000
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Which are examples of job interview do's? Choose 4 answers.
Question 1 options:
Send the interviewer a thank you letter 2-3 days after the interview.
Brag about yourself.
Always ask questions.
Practice answering interview questions before the interview.
The first and last words should be those of gratitude.
Answer:
Send the interviewer a thank you letter 2-3 days after the interview.
Always ask questions.
Practice answering interview questions before the interview.
The first and last words should be those of gratitude.
Answer:
Send the interviewer a thank you letter 2-3 days after the interview.
Always ask questions.
Practice answering interview questions before the interview.
The first and last words should be those of gratitude.
Explanation:
A graph titled Total U S Government Spending as Percentage of G D P from 1990-2012 has year on the x-axis and percentage of G D P on the y-axis, from 15 to 30 percent in increments of 5. The percentage of G D P is lowest at 18 percent in 2001 and highest at 25 percent in 2009. The graph shows government spending as a percentage of GDP from 1990 to 2012. At its peak, government spending made up about half of GDP. 100 percent of GDP. one quarter of GDP. one tenth of GDP.
Answer:
C. one quarter of GDP
Explanation:
edge
At the peak of the graph, U.S. government spending as a percentage of GDP was one quarter of GDP.
U.S. Spending from 1990 to 2012Spending by the government in this time period varied in relation to the GPD. In 2001 for instance, spending was 18% of the US GDP.
This increased to a massive 25% which was a quarter of GDP in 2009. The most likely reason for this was the spending by the Obama administration to pull the U.S. from the 2008 recession.
In conclusion, option C is correct.
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Determine if each of the following plans are short term, long term, or operational.
1. Participate in student organizations that will help build my practical experience and make me a more competitive candidate
A. Short Term
B. Long Term
C. Operational
2. Identify and get accepted into the program I want to attend
A. Short Term
B. Long Term
C. Operational
3. Continue developing my professional network in ways that can connect me with graduate schools, scholarships and career opportunities
A. Short Term
B. Long Term
C. Operational
Answer:
1.B. Long Term
2.A. Short Term
3.B. Long Term
Explanation:
Strategic planning is determining and framing a predetermined sequence of action for the achievement of a preset goal.
whether the plans are short term, long term, or operational?1. participating in an student organization for gathering practical experience and building personal growth is a long term vision as the experience will help over a long period and thus it is a long term plan.
2. Getting an invitation or an acceptance in a program one wants to attend does not relates with long term or operational plan as it is simply a short term plan.
3. Developing continuously the professional network with a view to access new career opportunities by connecting with people is a operational plan because it is not just a fixed target, it is continuous in nature.
Therefore the plan in the first scenario is long term , the second scenario it is a short term plan and the third scenario is an operational plan. Thus , OPTION B, A and C are correct receptively.
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Hãy xác định các yếu tố cấu thành nên chiến lược bán hàng của Prévoir – VNPT?
5. Discuss the effects of various forms of technology on international business. What role does the Internet play? Where is this all leading? Explain the meaning of “appropriability of technology.” What role does this play in international competitiveness? How can managers protect the proprietary technology of their firms?
Answer:
The internet has radically affected international business.
Explanation:
First, the internet has made it easier for firms to engage in international business and trade because it reduces barriers to entry, facilitates communications, and becomes a vehicle for the creation of new economic sectors.
Second, the internet has made competition between companies more stiff in some sectors, but has resulted in the formation of oligopolies, duopolies, and even monopolies in other sectors, especially those that are very intensive in all kinds of capital, from human capital to technological capital, to financial capital.
Third, the internet has made the concept of appropriability more important because intellectual property has gained more importance, and also because the internet has made it easier to engange in intellectual property theft.
Finally, managers can protect the proprietary technology of their firms by using the most advanced tools of virtual security and protection, this is why many computer scientists are hired in this sector.
If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?
As a manager in a company that operates in many countries, I would consider the following criteria to determine whether an application should be developed as a global application or a local application:
Market demand: The first criterion would be to determine if there is a global market demand for the application. If the application addresses a need that is common across multiple countries, it makes sense to develop a global application. However, if the application is specific to a particular country or region, it may be better to develop a local application.
Cultural considerations: Cultural differences between countries can be a significant factor when deciding whether to develop a global or local application. Certain features that are accepted or preferred in one country may not be well-received in another. Therefore, it is essential to understand the cultural preferences of the target audience and design the application accordingly.
Language: If the application requires support for multiple languages, it may make more sense to develop a global application. In contrast, a local application would only need to support the primary language spoken in the country or region.
Legal requirements: Legal and regulatory requirements can differ significantly from country to country. Therefore, it is essential to ensure that the application complies with local regulations, including privacy laws, data protection laws, and other relevant regulations.
Cost considerations: Developing a global application can be more expensive due to the need to consider cultural, legal, and language differences. Therefore, cost considerations should be taken into account when deciding between a global or local application.
By considering these criteria, a manager can determine whether an application should be developed as a global application or a local application.
Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answer:
I need points sorry plss forgive I really need it pls
Testbank Multiple Choice Question 73 Sheffield Corp. issued 10200 shares of its $5 par value common stock having a fair value of $25 per share and 14000 shares of its $10 par value preferred stock having a fair value of $25 per share for a lump sum of $529000. How much of the proceeds would be allocated to the common stock
Answer:
$222,967
Explanation:
Calculation of How much of the proceeds would be allocated to the common stock
First step
[(10,200 shares× $25 per share Fair value )÷
(10,200 shares × $25 per share Fair value+14,000 shares×$25 per share Fair value)]×$529,000
Second Step
($255,000÷$255,000+$350,000)× $529,000
Third step
($255,000÷$605,000)×$529,000
Fourth step
0.421487×529,000
=$222,967
Therefore the amount of the proceeds that would be allocated to the common stock will be $222,967.
You see that First National Bank is willing to make you a four-year $40,000 car loan with an interest rate of 4.2%. However, the same bank will charge you 16.5% interest on a credit card that it issues. Why is the interest rate on the credit card so much higher than the interest rate on the car loan?
The interest rate on a car loan is typically lower than the interest rate on a credit card because a car loan is secured by the vehicle being purchased, which the bank can seize and sell if the borrower defaults on the loan.
How is credit card debt considered?Credit card debt, on the other hand, is unsecured, meaning that the bank has no collateral to recover if the borrower is unable to repay the debt. Therefore, the bank charges a higher interest rate on credit card debt to compensate for the higher risk.
Additionally, credit card loans have higher administrative cost, which is passed on to the consumer as a higher interest rate.
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Your Submission:
1
Which of the following is not an objective of compensating employees?
To motivate employees
To be fair and consistent to all categories of international employees
To attract valuable personnel
To facilitate the transfer of employees no matter the cost
2
What is the first and most frequent international HR concern?
Training programs
O Expatriate com
Answer:
An organization do not need to compensate employee in order to be fair. If there's someone doing that it is not totally wrong though, it will encourage haziness and uncared attitude in such organization.
Point D on the graph represents which phase of the business cycle?
Answer:
Contraction
Explanation:
Just took the Test
If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online?
Answer: a. Non-inventory
Explanation:
QuickBooks online is an accounting software that helps millions of small and medium businesses.
If Mariette does not wish to track the quantity of the products she sells on hand, she should set these items up as Non-inventory items.
This designation is usually for goods that are immediately sold when purchased or were sold without even being purchased which means its for goods with really short shelf lives.
Trey and Mike work together to produce guitars and bass guitars. Mike can produce 30 guitars per month or 15 bass guitars per month or some combination of both. Trey can
produce 3 guitars per month or 12 bass guitars per month or some combination of both. Their productivity can be summarized in the following table:
Mike
Trey
Guitars Bass Guitars
30
15
12
Fill in the blanks for the statements below. If your answer is a number, put in the form of a decimal. For example if your answer is 4/3 you should put 1.33. If your answer is a name
make sure to spell it exactly as it's spelled above.
Trey's opportunity cost of 1 guitar is
Mike's opportunity cost of 1 guitar is
bass guitars. Trey's opportunity cost of 1 bass guitar is
bass guitars. Mike's opportunity cost of 1 bass guitar is
has the absolute advantage in making guitars.
has the comparative advantage in making guitars.
20 points Save Answer
guitars.
guitars.
has the absolute advantage in making bass guitars.
has the comparative advantage in making bass guitars.
Suppose that Trey and Mike are not specialized. Mike is making 20 guitars AND 5 bass guitars per month. Trey is making 2 guitars AND 4 bass guitars per month.
If Trey and Mike fully specialize they will all together make
more bass guitars per month and
more guitars per month.
If Trey and Mike fully specialize they will all together make more bass guitars per month are 60.
What is guitars?Guitars are a stringed musical instrument that is played by strumming or plucking the strings with the fingers or a pick. They are most commonly made of wood, although other materials such as plastic and metal are sometimes used. Guitars are used in many genres of music, ranging from classical to blues, rock, and jazz. The guitar is one of the most popular instruments in the world, and it is an important part of both traditional and modern music. Guitars come in many varieties, including acoustic, electric, and bass guitars.
If Trey and Mike were to fully specialize, they would make 32 more bass guitars per month (30 from Mike and 12 from Trey) and 28 more guitars per month (30 from Mike and 2 from Trey). This would result in a total of 60 bass guitars and 58 guitars per month.
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The insurance industry was put into the care and authorization of the individual states by the passing of the _____.
McCarran-Ferguson Act
Health Insurance Portability and Accountability Act
Affordable Care Act
Dodd-Frank Act
The insurance industry was put into the care and authorization of the individual states by the passing of the Health Insurance Portability and Accountability Act.
What is Health Insurance Portability and Accountability Act?The two principal goals of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) could best be summarized as: guaranteeing that employees could maintain continuous health insurance if they lost or changed employment, and preserving the privacy of individual health information.
Streamlining industry inefficiencies, reducing paperwork, making it simpler to detect and prosecute fraud and abuse, and allowing workers in all professions to change occupations even if they (or family members) have pre-existing medical issues are the purposes and objectives of this legislation.
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Evaluate an alternative that involves consolidating all 20-foot container volumes and using only a single consolidation center in Shanghai/Ningbo. Assume that all the existing 20-foot container volumes and the existing consolidation center volumes are sent to this single consolidation center by suppliers. This new consolidation center volume would be packed into 40-foot containers, filled to 96 percent, and shipped to the United States. The existing 40-foot volume would still be shipped direct from the suppliers at 85 percent capacity utilization.
The alternative of consolidating all 20-foot container volumes into a single consolidation center in Shanghai/Ningbo has potential benefits such as reduced transportation costs and increased container utilization.
Where is Shanghai/Ningbo located?Shanghai and Ningbo are both cities located in eastern China, along the coast of the East China Sea. Shanghai is located in the northern part of the coast, while Ningbo is located further south. Both cities are major ports and commercial centers in China.
Shanghai and Ningbo are both major cities in China and are famous for various reasons. Some of the notable things that Shanghai is famous for include:
The Bund: a famous waterfront area that is lined with historical buildings, shops, and restaurants.Shanghai Tower: a tall skyscraper that is the second-tallest building in the world.Yu Garden: a traditional Chinese garden with beautiful landscaping and architecture.Shanghai Disneyland: a theme park that is one of the most visited tourist attractions in China.To learn more about Shanghai/Ningbo, click
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Clipper Company sells two types of nail clippers. One focuses on the economy oriented customer and the other aims to satisfy the high-end clientele. The economy clipper cost $3 and has a sales price of $5. The high-end model costs $9 and sales for $12. Fixed costs associated with this product line amount to $35,880. Economy clippers constitute 70 percent of the market with the remaining 30 percent being high-end clippers. Based on this information what is the weighted average contribution margin
Answer:
2.30
Explanation:
The computation of the weighted average contribution margin is shown below:
Particulars Nail Clipper 1 Nail Clipper 2 Total
Selling Price $5 $12
Less: Variable Cost $3 $9
Contribution Margin $2 $3
PV Ratio 40% 25%
($2 ÷ $5) ($3 ÷ $12)
Weights 0.7 0.3
Weighted Average 28.00% 7.50% 35.50%
Weighted average
contribution margin 1.40 0.90 2.30
The Neptune Company offers network communications systems to computer users. The company is planning a major investment expansion but is unsure of the cost of equity capital as it has no publicly-traded equity. Your assignment is to determine an appropriate equity cost. List and explain the steps you will need to take to complete this assignment.
Answer:
Collect estimates of beta for firms in the same businessExplanation:
What basic function requires a manager to hire employees and coordinate the work of subordinates
The basic function that requires a manager to hire employees and coordinate the work of subordinates is referred to as the organizing function
This is further explained below.
What is an organizing function?Generally, Delegating power to subordinates and setting up channels of communication are both components of the organizational function of the management process.
In conclusion, The duty of organizing encompasses other activities as well, such as the creation of departments and the coordination of the work of subordinates.
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How can the power crisis be resolved
The exact reasons and crisis environment determine if there is a power crisis. Move in the direction of renewable resources. Purchase energy-saving products, such as lighting controls. Simpler Grid Access, Energy Simulation, Energy Audit, and a Common Position on Climate Change.
An major shortfall or interruption in the delivery of electricity or power is referred to as a "power crisis." Natural catastrophes, poor infrastructure, fuel shortages, system breakdowns, or rising demand that exceeds supply capacity are just a few of the causes of power outages lighting controls.
Blackouts, economic disruptions, and effects on vital services are just a few of the negative effects that power crises may have.
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Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Which of the following is not a concern regarding IFRS adoption by the U.S.?a. Need for the U.S. to have strong influence on the standard-setting process and ensure that standards meet U.S. needs.b. Geographic dispersion of standard setters make it unlikely that boards can interact to achieve consensus.c. The high costs to companies of converting to IFRS.d. The fact that many laws, regulations and private contracts reference U.S. GAAP.
Answer: Geographic dispersion of standard setters make it unlikely that boards can interact to achieve consensus.
Explanation:
The concern regarding IFRS adoption by the U.S are the need for the U.S. to have strong influence on the standard-setting process and ensure that standards meet U.S. needs, the high costs to companies of converting to IFRS and the fact that many laws, regulations and private contracts reference U.S. GAAP.
It should be noted that "geographic dispersion of standard setters make it unlikely that boards can interact to achieve consensus" isn't a source of concern.
Therefore, Option B is the answer.
Do you dream of working in show business? Have you ever told your parents? If so, you have probably been told, “That is not a real career” or “You’d better pick something to fall back on.” What they usually mean is that the chances of going to Hollywood and becoming a big movie star are slim. In that way, they are right.
But making Broadway shows, producing Hollywood films, even creating online videos involve many more jobs than just the actors who play in them. So many different people in diverse career paths—from management, to accounting, to marketing—contribute their skills to create the finished products that entertain us! See, you can have a ‘real career’ and work in show business.
For instance, think about the jobs listed below. While those in positions like these get to work in and around show business, the functions they perform are based right in the clusters we considered today: Business Management, Finance, Marketing and Sales. See if you can search online to find what is involved with these three specific jobs. Can you find an example of someone who holds this position? What do they do? How might their job allow them to feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency
Now that you have learned a bit about each of these jobs and what they involve, pop back over to the Bureau of Labor Statistics’ Occupational Outlook Handbook once again to do some more research on them. Find out what education is generally required to enter into each career and what the annual salary could be. Jot down some facts related to each career’s job outlook as well.
Note: You might have to use a broader search term, such as operations manager, accountant, or marketing manager, to find information on these careers.
After this initial research, your task is going to be to create a slideshow presentation to show parents who are worried about their children’s Hollywood dreams. You must provide them with information on solid career options that their children could pursue… careers that would ease parents’ minds and fulfill children’s goals.
Your slideshow must include the following:
Content
A description of each of the three careers that you researched, including what tasks the job requires and why the job is so important
A breakdown of the education requirements for each career, including subjects that might be beneficial in preparing for each career
The projected annual salary for someone in each career and the job outlook according to the Bureau of Labor
A summary of why you think this job is a good choice for someone who is interested in “show business”
Elements
Five slides, broken down in this way:
One slide for each career, containing the content from the first three bullet points above
One slide for the summary, containing the content from the last bullet point above
One slide for your bibliography
Three pictures, one for each of the three careers you are presenting
The careers that i have researched on Broadway shows are:
Stage Manager. Theatrical Makeup Artist. Choreographer.What tasks does a stage manager perform?They consist of:
Planning and leading rehearsals.Sharing with designers and craftspeople the director's wishes.Coordinating the stage crew's job.During the performance, there may be calling cues and actor entrances.supervising the entire performance every time it is given.In terms of Theatrical Makeup Artist role: Any makeup used by the performers must look well, and that is the responsibility of the makeup artist. In order to develop a look for each actor that will visually support the character, the makeup artist collaborates closely with the costume designer.
In terms of Choreographer role: Working together with the director and musical director, a choreographer creates and choreographs the dance or stylized movement for musical productions. A choreographer collaborates with dancers to develop and interpret concepts and turn them into the final performance.
The credentials are required to be a stage manager are:
A foundation degree, higher national diploma, or degree in stage management, or a course in a similar field like performing arts production, are all options.technical theater and a theater in practice.The credentials for Makeup Artists are:
Bachelor, Fashion & Beauty Makeup Artist; Bachelor of Arts in Make Up for Media and Performance.Hair design and makeup artistry.Artistry & Effects in Makeupcollegiate media makeupLastly, Despite the fact that a master's degree is frequently required to teach at the university level, many choreographers hold bachelor's degrees in dance. Beginning their careers as professional dancers, choreographers frequently take on jobs as assistant choreographers or in positions that are comparable.
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in which order would the expectancy theory place the following events? a) outcome valence, performance, effort b) performance, effort, outcome valence c) effort, outcome valence, performance d) performance, outcome valence, effort e) effort, performance, outcome valence
Answer: e. effort, performance, outcome valence
Explanation:
The expectancy theory analyses and explains the reason why people behave the way they do. The expectancy theory explains that individual behave the way they do because they believe their efforts which they put into a particular activity will bring about an outcome.
The first thing that comes first is the effort which one puts into an activity, after then is the performance and lastly the outcome.
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co.) is $360, which of the following is the probability of the last unit being sold?
The probability of the last unit being sold is mathematically given as
x Greater than 0.75
What is the probability of the last unit being sold i?Generally, the equation forthe Probability is mathematically given as
\(P= P\leq C_{u}/(C_{u}+C_{o})\)
Therefore
P = 120/(120+360)
P= 120/480
P=0.25
P represents the likelihood that a unit will not be sold, whereas 1-p represents the likelihood that a unit will be sold.
1-p = 1-0.25 = 0.75
In conclusion, The likelihood of the last unit selling should be higher than 0.75
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