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erik [133]
1 year ago
7

If a public offering of new stock is initially priced too high relative to market demand, the result would be a:_________

Business
1 answer:
Vika [28.1K]1 year ago
8 0

If a public offering of new stock is initially priced too high relative to market demand, the result would be a <u>surplus of shares which will cause prices to fall.</u>

<u />

This is because the initial price of a new inventory is just too high relative to market demand, which means, overpriced. Then human beings will not buy those stocks because of the high charge. As an end result, there might be less call for than supply, which reasons downward pressure on the price of the shares.

Market demand is how an awful lot of consumers want a product for a given period of time. Market demand is determined by a few elements, such as the number of human beings looking for your product, how awful lot they're willing to pay for it, and what sort of your product is to be had by consumers, each from your business enterprise and your competitors.

Market demand influences organizations and consumers alike by means of figuring out manufacturing and assisting with manual opposition within the marketplace. It's miles essential for organizations to be privy to the market demand to help layout, create and advertise services and products to customers if you want to meet demand.

Learn more about  demand here brainly.com/question/2398546

#SPJ4

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An online buying club offers a membership for $115, for which you will receive a discount of 10 percent on all brand-name items
Vikki [24]

Answer:

$1,150 worth of items

Explanation:

Given that,

Club offers membership = $115

Discount of all brand name purchase = 10%

Therefore, to cover the cost of membership,

You would have to purchase = 115 ÷ 0.10

= 1,150.

So, you have to buy items worth $1,150 to cover the cost of the membership.

Note that,

Discounts are a reduction in the original cost of a commodity, usually done in order to attract customers.

6 0
3 years ago
Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October,
IRISSAK [1]

Answer:

October

direct labor rate variance =$2,420 unfavorable

direct labor efficiency variance  =$11,060 favorable

direct labor cost variance  = $ 8,640 favorable

<em>Investigate : direct labor efficiency variance</em>

November

direct labor rate variance = $4,025 unfavorable

direct labor efficiency variance =$ 39,500 favorable

direct labor cost variance  = $35,475 favorable

<em>Investigate : direct labor efficiency variance</em>

Explanation:

October

direct labor rate variance = (Aq × Ap) -  (Aq × Sp)

                                          = (12,100×$16) - (12,100×$15.80)

                                          =$2,420 unfavorable

direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)

                                                    =(12,100 × $15.80) - (6,400×2 ×$15.80)

                                                    =$11,060 favorable

direct labor cost variance = direct labor rate variance + direct labor efficiency variance  

                                           = $2,420 (A) + $11,060 (F)

                                           = $ 8,640 favorable

November

direct labor rate variance = (Aq × Ap) -  (Aq × Sp)

                                          = (16,100×$16.05) - (16,100×$15.80)

                                          = $4,025 unfavorable

direct labor efficiency variance = (Aq × Sp) - (Sq × Sp)

                                                    =(16,100 × $15.80) - (6,800×2 ×$15.80)

                                                    =$ 39,500 favorable

direct labor cost variance = direct labor rate variance + direct labor efficiency variance

                                          = $4,025 (A) + $ 39,500 (F)

                                           = $35,475 favorable

5 0
3 years ago
What percentage of American business owners used money of their own, or form their families, to start or buy a business
ahrayia [7]
Total entrepreneurial activity in the U.S.—measured by the number of people starting and operating new businesses—fell to 12% in 2015, from 14% in 2014, according to a report released Tuesday by Babson College. The drop reverses upward growth in small business activity during the previous four years.
8 0
3 years ago
Read 2 more answers
At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0
kvv77 [185]

Answer:

Actual units produced: 9,500

Explanation:

actual units x overhead rate - actual factory overhead = underapplied

the underapplied overhead means the actual overhead was greater than applied overhead so we can build the formula as follow:

actual units x r - 39,500 = -1,500

<em><u>We need to calculate the rate for overhead:</u></em>

on the budget total overhead:

10,000 fixed + 30,000 variable = 50,000

and units are 10,000

so rate = 40,000 / 10,000 = 4

<u>Now we return to the formula:</u>

actual units x 4 - 39,500 = -1,500

actual units = (39,500 - 1,500 ) / 4

actual units = 38,000 / 4 = 9,500

5 0
3 years ago
A researcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly be
Masteriza [31]

There is not enough information in this question to answer it. You cannot determine significance with just the alpha value. You need the actual test statistic (p-value) to determine this.

If the p-value is less than the alpha value, you reject the null hypothesis (the there is no difference).

3 1
3 years ago
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