<u> </u><u>The </u><u>Economies of </u><u>scale </u> occur when the average unit cost of a good or service begins to increase as the capacity and/or volume of throughput increases.
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Answer:
$74.61
Explanation:
The computation of the value of preferred stock is shown below:
Value of preferred stock = Annual dividend ÷ return of preferred stock per share
= 10.40% × 100 ÷ 13.94%
= $74.61
Simply we divide the annual dividend by the value of preferred stock per share so that the correct value of preferred stock can be computed
Answer:
a) cost of equity capital
Explanation:
A investor demand the rate of return based on the risk involved in a particular investment. The shareholders invest in the equity of the firm, the required rate of return of shareholders is the cost of equity capital. As the firm is more risky the cost of equity capital will be higher and less risky have lower cost of equity capital.
Answer: a. There was not an enforceable agreement. However under the UCC, part performance makes that portion of the agreement binding on Hearn. Hearn may not return the 40 turbines, but is not obligated to purchased the remaining 60.
Explanation:
The Statute of Frauds under the Uniform Commercial Code requires that for a contract with a value higher than $500 for goods to be enforceable, it needs to be in writing. This contract is therefore not enforceable.
However, there is an exception to this rule for performance or partial performance. If the parties have already partially completed the contract for instance, the completed portion is enforceable. The remaining portion however, is not, and therefore can be renegaded upon.
I'm not too sure but maybe true
