Answer:
interchangeable parts and assembly lines
Explanation:
Answer:
a. $26.67
b. 2.50%
Explanation:
a. Computation of the current value of the stock is given below:-
Price of stock ÷ Required rate of return - Growth rate
= $1.20 ÷ (0.07 - 0.025)
= $1.20 ÷ 0.045
= $26.67
b. Computation of capital gains yield on this stock is shown below:-
= Required rate - Dividend yield
= 7% - ($1.20 ÷ $26.67)
= 7% - 0.04499
= 2.50%
Answer and Explanation:
profit will increase to zero
.
Currently the firm is incurring loss as price is less than ATC. In the long run firms will exit.
Barter means exchange since there was no currency back then so the answer would be D.
The answer to the question you are asking is e