Answer:
It means movies are relatively cheaper than working hours
Explanation:
In order to estimate the relativity of the two activities, there is a need to compare the changes over ten years
1. 10 years ago, Movie ticket= $5, 10 Years later Movie ticket= $8, the 10 year difference is $3
2. 10 years ago, average hourly wage = $10, 10 years later, average hourly wage = $20, the 10 year difference is $10
First, it means for the $3 change in movie ticket cost, there was a $10 change in the average hourly wage.
Put differently, while movie ticket got a 60% increase in price 3/5 x 100=60%
Average hourly wage got 100% increase 10/10 x 100= 100%
It means that working hours got more expensive and movie tickets got cheaper
Answer:
The old man was stuck in the rare chance
Answer:
$10.88
Explanation:
Calculation to determine What would be the maximum an investor should pay for the common stock of a firm that has no growth opportunities
Using this formula
Maximum payment for common stock=Dividend/Required rate of return
Let plug in the formula
Maximum payment for common stock=$1.36/.125 Maximum payment for common stock= $10.88
Therefore What would be the maximum an investor should pay for the common stock of a firm that has no growth opportunities is $10.88
Bradds, Inc., has sales of $589,000, costs of $278,000, depreciation expense of $30,000, interest expense of $25,000, a tax rate
stiks02 [169]
Answer:
$106.400
Explanation:
Icome statement
Sales of $589,000
Costs of -$278,000
Depreciation expense of -$30,000
Interest expense of -$25,000
===============================
Total $ 256.000
Tax Rate 35% - $89.600
Net Income $ 166.400
Dividens Paid Out - $60.000
Addition to Retained Earnings $106.400
Based on the options given, the most likely answer to this query are
You want to charge a price that covers variable costs.
You want to charge a price that does not cover fixed costs.
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