What does it mean to own an individual stock ?

The dry cleaning industry is in monopolistic competition. In the short run, the profit-maximizing price is $10 per item and t

vitfil [10]

Answer:

$ 0

Explanation:

Under monopolistic competition, firms reach equilibrium in the long-run: this equilibrium is a point in which the marginal cost of producing one additional unit of ouput are the same as the marginal revenue from the sale of the same additional unit of output.

In other words, in the long-run, firms under monopolistic competition can only break-even, they do no obtain economic profits.

4 0

2 years ago

Experts will tell you that it is important to prepare for an interview. What type of preparation could and should you do?

MrMuchimi

Think of a job interview as an "audition" - your opportunity to impress the employer with your work ethic and skills. Your network and/or your resume got you this interview.

Many employers have shared with me how that one thing - being obviously well-prepared can make or break a job seeker's chances at a landing a new job. Being prepared for the job interview demonstrates to the employer that the job seeker is genuinely interested in the job. And, that preparation is often viewed by the employer as an example of the job seeker's work.

5 0

3 years ago

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When members begin taking risks, the leader will know the group is transitioning to?

Annette [7]

It decreases the need for leaders to be fully present and listen actively if they are working with another leader.

Stage of Group Transition Some people call this the "Storming" stage. Anxiety, resistance, defensiveness, control concerns, disputes among group members, issues with the leader, etc. are characteristics of this stage. It is the responsibility of leaders and followers to identify and manage tension, conflict, and resistance. Going outside of your comfort zone is what it is to take chances. Risk-taking is a human tendency ingrained in leaders and plays a significant role in their lives. Taking risks might vary depending on the leader's age, generation, and financial situation. It spreads to take risks.

Learn more about group transitioning here:

brainly.com/question/27789930

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8 0

1 year ago

What are the possible effects if there is no business planning?

goblinko [34]

Answer:

Without planning, there will be no mission statement and no vision. Employees are most productive when they understand the bigger picture behind what they are doing, so productivity will decrease.

4 0

1 year ago

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Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 4% stock, $

dezoksy [38]

Answer:

For first year, we have:

Cumulative preferred dividend per share = $0.30 per share

Common dividend per share = $0

For second year, we have:

Cumulative preferred dividend per share = $0.50 per share

Common dividend per share = $0

For third year, we have:

Cumulative preferred dividend per share = $1.60 per share

Common dividend per share = $0.73 per share

For fourth year, we have:

Cumulative preferred dividend per share = $0.80 per share

Common dividend per share = $2.48 per share

Explanation:

Cumulative preferred stock has a clause that mandates the corporation to pay all dividends, including those that were previously missed, before common shareholders can get their dividend payments.

Annual cumulative preferred dividend = 20,000 * $20 * 4% = $16,000

Therefore, we have:

For First Year

Distributed dividends = $6,000

Cumulative preferred dividend paid = Distributed dividends = $6,000

Common dividend paid = $0

Cumulative preferred dividend per share = Cumulative preferred dividend paid / Number of cumulative preferred shares outstanding = $6,000 / 20,000 = $0.30 per share

Common dividend per share = $0

Cumulative preferred dividend carried forward = Annual cumulative preferred dividend - Cumulative preferred dividend paid = $16,000 - $6,000 = $10,000

For Second Year

Distributed dividends = $10,000

Cumulative preferred dividend payable = Annual cumulative preferred dividend + Cumulative preferred dividend brought forward = $16,000 + $10,000 = $26,000

Cumulative preferred dividend paid = Distributed dividends = $10,000

Common dividend paid = $0

Cumulative preferred dividend per share = Cumulative preferred dividend paid / Number of cumulative preferred shares outstanding = $10,000 / 20,000 = $0.50 per share

Common dividend per share = $0

Cumulative preferred dividend carried forward = Cumulative preferred dividend payable - Cumulative preferred dividend paid = $26,000 - $10,000 = $16,000

For Third Year

Distributed dividends = $50,250

Cumulative preferred dividend paid = Annual cumulative preferred dividend + Cumulative preferred dividend brought forward = $16,000 + $16,000 = $32,000

Common dividend paid = Distributed dividends - Cumulative preferred dividend paid = $50,250 - $32,000 = $18,250

Cumulative preferred dividend per share = Cumulative preferred dividend paid / Number of cumulative preferred shares outstanding = $32,000 / 20,000 = $1.60 per share

Common dividend per share = Common dividend paid / Number of common shares outstanding = $18,250 / 25,000 = $0.73 per share

For Fourth Year

Distributed dividends = $78,000

Cumulative preferred dividend paid = Annual cumulative preferred dividend = $16,000

Common dividend paid = Distributed dividends - Cumulative preferred dividend paid = $78,000 - $16,000 = $62,000

Cumulative preferred dividend per share = Cumulative preferred dividend paid / Number of cumulative preferred shares outstanding = $16,000 / 20,000 = $0.80 per share

Common dividend per share = Common dividend paid / Number of common shares outstanding = $62,000 / 25,000 = $2.48 per share

3 0

2 years ago