Answer: Schlictor's operating leverage when 2000 units are sold is 3.
The degree of operating leverage is used to calculate the change in operating income with respect to a percentage change in sales.
We can calculate operating leverage of a firm with the help of the following formula:
Substituting the values from the question we get
Answer:
C) $1000
Explanation:
First lets calculate the cumulative preferred stock dividend for 2 years
(1000 * 10 ) * 5% = 500 / year
so for 2 years = $1000 since it is cumulative and not paid in one year is added to next year.
Total dividend payable = $2000
so for common stock whatever is left over is paid thus,
Common stock share = Total - Preferred cumulative = 2000 - 1000 = $1000
Hope that helps.
Answer:
How would private property rights help explain why Taiwan is now so much wealthier than Liberia?
<em>Taiwan is so much wealthier than Liberia in terms of the use of Private property rights because the Taiwanese have many exportable products they have Private Property rights on. The Taiwanese started building from copying technologies of sub-standard goods to quality goods over the years of improvement while the Liberian fought a prolonged civil war without a change to produce products to have a Private Property right on.</em>
Explanation:
<em>The Book of Things</em><em> </em>in Taiwan Civil Code was overhauled between 2007 and 2010. This chapter coded the amendments and found:
(1). 97% of the proposals by the task force (composed of property scholars and judges) were accepted verbatim by the legislature;
(2). Property laws in Japan, Germany, and Switzerland heavily influenced this round of amendments. The (unconventional) story behind the legal changes is that scholars and judges are the <em>“interest group</em>” that drives these amendments.
Explanation:
1- Virtue Ethics: It can be described as an ethical approach that prioritizes the subjective and instinctive virtues shared by all human beings regardless of cultural traits. Emphasizes generosity, faithfulness, the sense of human generosity, character, and virtues coming from the mind.
An example of the ethical theory of virtue is an unknown person who needs some help and approaches another person who is readily available to help.
2- Duty-based ethics: It is ethics based on human rationality to exercise principles and ethical duty, regardless of positive or negative consequences for oneself.
An example of this ethical theory is entrepreneurs who use some strategies to achieve operational goals, but are aware that they must take responsibility not to exceed ethical values even if it is for the good of the business.