3 years ago

What are two benefits can the people get from the free-market system

Business

1 answer:

mixer [17]3 years ago

7 0

Having a job and a car are benefits of the free market system..

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As nations learn to specialize in production, they will trade with other nations when what happens?

Goryan [66]

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3 years ago

Prahm Corp. wants to raise $4.4 million via a rights offering. The company currently has 500,000 shares of common stock outstand

Pavel [41]

Answer:

price for selling 3000 share right is $25060.87

Explanation:

Given data:

Total Amount raised= $4,400,000

Spreading rate = 6%

Subscription price = $20 per share

Number of share owned by company = 500,000

Per share cost = $45

Totals share own in the company = 3000

subscription price after deducting spreading rate $= 20\times (1 -0.06) = $18.80$

Now, Right share $= \frac{4400000}{18.8} = 234,043$

Right price is calculated as

Right price = ((Number of share held * market price) + (Right share *Right price))/( Number of share held + Right share)

plugging all value in above relation

$= \frac{500000 \times 45 + 234043\times 18.8}{500000 + 234043}$

Right share = $36.65

single right value = 45- 36.65 = $8.35

Price for 3000 share right = 8.35 *3000 = $25060.86

6 0

3 years ago

Imagine that you have received an overdraft notice on your checking account. Which steps should you take? Sort these options int

attashe74 [19]

Answer:

"Actions To Take"

Check my records first

Contact the bank right away

Handle the matter quickly

"Actions To Avoid"

Set the note aside and wait until later

6 0

3 years ago

Read 2 more answers

If you put money into a compound interest account with 7.2% interest rate how many years will it take to double your money?

Firlakuza [10]

Answer:

It would take 2 years

Explanation:

7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money

4 0

2 years ago

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. If the required

Ad libitum [116K]

Answer:

The answer is $115.38

Explanation:

Solution

Given that

The annual dividend on preferred stock = $7.50

Required return on preferred stock+= 6.5%

The next step is to find at what price should the preferred stock sell which is given as follows:

The rice of preferred stock = 7.50/6.5%

= $115.38

$115.38 is the price at which the stock preferred was sold.

4 0

3 years ago