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3 years ago

The phrase "invisible hand" means that:

Business

1 answer:

never [62]3 years ago

4 0

Answer:

The correct answer is letter "B": The tendency of competition to cause individuals and firms to unintentionally promote the interests of society.

Explanation:

In his book "<em>An Inquiry into the Nature and Causes of the Wealth of Nations</em>" (1776), British economist Adam Smith (1723-1790) introduced the term "invisible hand" to refer that economic factors (buyers and sellers) naturally influence in the fluctuations of supply and demand without the need for the intervention of the government.

According to Smith, buyers and sellers interactions act as an "invisible hand" arranging proper levels of competition between businesses and promoting the best interest of societies.

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ConsGrough, Inc. has increased its annual common dividend by 3% in each of the years that the company has existed. If you believ

Salsk061 [2.6K]

Answer: $171.67 would be the price of the security

Explanation: This problem relates to dividend growth model, which can be shown as follows :-

$=\frac{D_{1}}{P_{0}}+\:G$

where'

d1 = expected dividend

p = price

g = growth rate

therefore,

$=\frac{\$5\left ( 1+3\% \right )}{P_{0}}+\:3\%$

solving this we get

$p_0=\$171.67$

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3 years ago

Read the following email,which Jim sent to his team. Then choose the answer below that best explains what is wrong with the emai

Ivenika [448]

Answer:

The answer is C.

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3 years ago

Kevin plans to go to college after he graduates from high school. The tuition is $8,000 a year, and room, board, and books cost

blondinia [14]

Answer:

$30,000

Explanation:

Opportunity costs refers to the incomes or benefits a person, business or investor loses or forgone when one alternative is chosen over another.

Since Kelvin will lose earnings of $30,000 a year from a full-time job if Kevin decides to attend college, this $30,000 a year is therefore the opportunity cost.

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3 years ago

Saxon Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows. Sa

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Here's link $^{}$ to the answer:

bit. $^{}$ ly/3gVQKw3

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3 years ago

Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann

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Answer:

Pecan Theatre Inc.

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Explanation:

a) Data and Calculations:

Dividends: Cumulative Common Stock

Preferred Stock Dividends

Dividends Per share Per share

20Y1, $80,000 $80,000 $0.40 $0 $0

20Y2, $90,000 90,000 $0.40 0 $0

20Y3, $150,000 150,000 $0.40 0 $0

20Y4, $150,000 100,000 $0.40 50,000 $0.10

20Y5, $160,000 100,000 $0.40 60,000 $0.12

20Y6, $180,000 100,000 $0.40 80,000 $0.16

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Average annual percentage return = Dividend per share/Initial Cost per share

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3 years ago