Answer: $1.61
Explanation:
From the question, we are informed that a given inventory item has a per-year holding cost of $500 and that one method of shipping this item is three days faster than the other, but it is $2.50 more per unit.
Using the slower method would be 1.61 more expensive overall than using the faster method. To do this, the holding cost has to be multiplied by speed differential. From the result gotten, we will now divide by 365 since 365 days make a year.
After the figure had been gotten, we will ow compare it to the actual difference of the shipping cost.
Answer:
- How much will common stockholders receive
D. $130,000
Explanation:
Total Dividends to Preferred Stockholders
10.000 Shares
10% cumulative preferred stock outstanding
$90 Par Value
Dividends: 10,000 * 10% * $90 = $90.000
Preferred dividends in arrears for two years.
$90,000*2 Years = $180.000
Preferred dividends for the current year
$90,000
Total Dividends to Preferred Stockholders
$180,000 + $90,000 = $270,000
Total Dividends to be paid by the company
$400,000
Preffered Stockholers : $270,000
Common Stockholers: $130,000
Answer: B. shifts the budget constraint outward
Explanation:
An increase in the income of a consumer will bring about an outward shift of the budget constraint. This is because when the income of a consumer rises, such consumer can buy more goods and services.
Also, a decrease in income will result into an inward shift of the budget constraint. This is because lesser goods are purchased.
Answer and Explanation:
The Perfect competition is a market condition in which there are very large number of buyers and sellers that sell the same or identical products having perfect knowledge with respect to products and services. Moreover, there is free entry and exit in this market
Monopolistic competition is a market condition that deals with many firms that are closely related to each other but sell differentiated products. Moreover, there is free entry and exit in this market
In the monopoly market, there is only one seller who controls the overall market. Due to this, the seller charged the high price as there is no competition. There is no free entry and exit in this market
In the oligopoly market, there are few sellers who deal in a single market. There is no free entry and exit in this market
Based on the above explanation, the categorization is shown below:
<u>Scenario Number of Firms Type of Model</u>
<u> Product Market </u>
1. Many Differentiated product Monopolistic
2. Many Standardised products Perfect
Competition
3. Few Differentiated products Oligopoly
4. One Unique Monopoly