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3 years ago

What is another name for a closely held corporation?

1 answer:

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What is a 'Closely Held Corporation' A closely held corporation is any company that has only a limited number of shareholders; its stock is publicly traded on occasion but not on a regular basis. These entities differ from privately owned firms that issue stock that is not publicly traded.

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Which of these is the most likely outcome of a financial crisis?

abruzzese [7]

More bankruptcies because if there is a crisis people are losing a lot of money and are more than likely filling for bankruptcies.

5 0

3 years ago

Read 2 more answers

3. Explain why price is equal to marginal revenue in pure competition but not in a monopoly. Include in your explanation why the

melisa1 [442]

Answer:

The answer is in a perfect competition profit is maximized when marginal cost equal marginal revenue and price is equal to average revenue and marginal revenue, while in monopolist profit is maximized when marginal cost is equal to marginal revenue.

Explanation:

The firm in a perfectly competitive market is a price taker,the price in the market is determined by the market forces of demand and supply. The firm has to sell their product at the ruling market price.The demand curve facing the firm in perfectly competitive market is horizontal or perfectly elastic, profit is therefore maximized when the marginal cost is equal to average revenue and marginal revenue. The firm in the market operate at the output level in which the price and marginal revenue is equal to marginal cost. Whatever prices that change the market demand or supply will change the demand curve faced by the firm.The firm cannot do anything to this than to accept the market price and the demand curve.

In a monopoly the demand curve is identical to the demand curve of the firm, because industry demand curve is downward sloping.The monopolist can either set the price or quantity not the two.when one is determined the value of the other will be determined by the demand function. The profit maximization of the monopolist also requires that marginal cost must be equal to marginal revenue just like in the case of perfect completion.when the monopolist equates MR and MC the monopolist determines its output and the market price for the product. The revenue curve is steeper than the demand curve,because the straight line is the market demand. The firm will have to reduce The price of the product if they want to sell more of their product the unit of the product sold is the AR which is equal to the price.Therefore the AR curve of the monopolist and the perfect competition MR and AR are both identical that informed the reason why the marginal revenue curve is steeper than the demand curve for a single price monopolist.

8 0

3 years ago

In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.

Eddi Din [679]

Answer The correct answer is 8.317 units

Explanation:

Firstly, calculate the Total fixed costs= ($2.35+$2.63)*6800= $33.864 Fixed Manufacturing and Selling cost

Secondly, calculate the earnings before taxes 63.000/(1-tax rate) = 63.000(/1-0.39)= 103.278.69

Then, Calculate the Revenue less fixed cost 103.278.69+33.864=137.142,68

Then calculate the Variable margin that is equal to ( Price of sales per unit – Variable manufacturing – Variable selling) = (36.10-14.50-5.11)= 16.49

Finally divide the revenue less fixed cost on the variable margin (137.142,68/16.49) = 8316.72

Units Price Total

Revenue 8,316.72 36.10 300,233.54

Fixed Manufacturing (15,980.00)

Variable manufacturing 8,316.72 14.50 (120,592.42)

Fixed Selling (17,884.00)

Variable Selling 8,316.72 5.11 (42,498.43)

Net Revenue 103,278.69

Tax rate 39% (40,278.69)

Total 63,000.00

7 0

3 years ago

What would be the best answer

devlian [24]

Answer:

D. Logical fallacies are unethical because they use logic to emphasize falsehood.

Explanation:

A logical fallacy is reasoning or error of argument which is logically incorrect and renders the validity of an argument invalid.

There are types of logical fallacies such as Ad Hominem, Straw man, etc.

Logical fallacies are easily identified because they usually lack evidence to support their claim.

When something is said to be unethical, it means that it is morally wrong.

Therefore, the false statement from the list is that logical fallacies are unethical because they use logic to emphasize falsehood.

7 0

3 years ago

One year ago, you purchased 500 shares of stock for $22 a share. The stock pays $0.32 a share in dividends each year. Today, you

Vadim26 [7]

Answer:

Return on investment=12.81%

Explanation:

Return on investment for a stock comprises of the capitals and dividend earned on the stock.

The capital gain is the difference between he cost of the shares when it was bought and the value when it is sold.

Capital gain = (24.50 -22)× 500= 1250

Dividend earned for a year = 0.32× 500 =160

Total return = 1250 + 160 =1,410

Total return = $1,410

Cost of the shares= 11,000

Return on investment = total return/cost of shares× 100

=1,410 /11,000 × 100= 12.81

Return on investment=12.81%

3 0

3 years ago