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4 years ago

Define the business cycle.

Business

2 answers:

Tpy6a [65]4 years ago

6 0

a cycle or series of cycles of economic expansion and contraction.

fgiga [73]4 years ago

3 0

Answer:

The business cycle, also known as the economic cycle or trade cycle is the movement of a domestic product around it’s long term growth trend.

Explanation:

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Spencer Co.'s common stock is expected to have a dividend of $3 per share for each of the next 9 years, and it is estimated that

sweet-ann [11.9K]

Answer:

the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is $86.27

Explanation:

The computation of the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is shown below:

Expected dividend is

= $3 × 6.2469

= $18.7407

Now the market value is

= $135 × 0.5002

= $67.527

So, the maximum price is

= $18.7407 + $67.527

= $86.27

hence, the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is $86.27

5 0

3 years ago

True or False: A decrease in the general price level resulting from an increase in the cost of production is known as cost-push

seropon [69]

Answer: False. The General price level will only increase. It will not decrease at any cost of having cost pull inflation and the demand full inflation.

Explanation:

For every production of the single unit, the expenses incurred on the wages and the cost incurred on using raw materials are prominently considered. The rate of demand has an inverse relationship with the increase in the cost of production. Then the price level of the products increases with the effects of Cost-push inflation.

Secondly, The rate of the demand for particular products increases beyond the equilibrium level when the output rate remains below the capacity to meet the requirements of the consumers' demand. In one particular stage, Demand-full inflation takes place which utmost leads to an increase in the price level and acts as a cause for Demand-full inflation.

4 0

3 years ago

A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $16, $24, and $55. The nu

tatyana61 [14]

Answer:

The 1-day rate of return on the index = 5.36%

Explanation:

Index Value = Sum of (Outstanding Shares*Share Price)

q p mv q1 p1 mv1

640,000 16 10240000 640000 20 12800000

540,000 24 12960000 540000 22 11880000

240,000 55 13200000 240000 57 13680000

36400000 38360000

Note: q/q1 = no of shares, p = price per share, mv/mv1 = market value, p1 = changed price per share

Return = (Index Value Today - Index Value Yesterday)/Index Value Yesterday

Return = (38360000 - 36400000) / 36400000

Return = 0.05385

Return = 5.36%

3 0

3 years ago

If a Starbucks tall latte cost $3.20 in the United States and 3 euros in the Euro area, then purchasing-power parity implies the

Nataliya [291]

Answer:

a. .938 If the exchange rate is less than this, it costs more dollars to buy a tall latte in the U.S. than in the Euro area.

Explanation:

We can see in the example that the Euro is cheaper than the dollar in purchasing-power parity. More specifically, the exchange rate is .938 euros per dollar.

This is why it is more expensive to buy a tall latte in the U.S. than in Europe. The Euro is cheaper.

5 0

3 years ago

Holling Inc. uses the weighted-average method in its process costing. The following data concern the companyâ€™s Mixing Departme

artcher [175]

Answer:

Statement of Cost per equivalent unit

Particulars Materials Conversion

Cost of beginning work in process $8,130 $9,128

Add: Costs added during the month $226,500 $284,232

Total cost A $234,630 $293,360

Number of equivalent units B 9,900 9,400

Cost per equivalent unit (A/B) $23.70  $31.21 

8 0

3 years ago