The correct answer is D. Something of value that can be bought, sold, or traded
Explanation:
The word "commodity" is used in economics to refer to any good or product that has an economic value and due to this, can be part of the market. This means any commodity can be traded, sold, or bought. Moreover, this concept is mainly applied to raw materials such as coal, timber, or wheat that can be used to make other manufactured products such as plastics, furniture, or flour. According to this, the option that correctly describes the word commodity is option D.
Answer:
C) $27.75
Explanation:
Earnings:
2.00 x 20% = 0.4 (2.00 + 0.40 = 2.40)
2.40 x 20% = 0.48 (2.40 + 0.48 = 2.88)
2.88 x 20% = 0.576 (2.88 + 0.576 = 3.456)
3.46 x 10% = 0.346 (3.46 + 0.346 = 3.806)
3.80 x 10% = 0.38 (3.80 + 0.38 = 4.18)
Dividends:
3.46 x 50% = 1.73
3.80 x 50 % = 1.90
4.18 x 75% = 3.135 ( 50% + 25% = 75%)
P0 = 1.73/[(1.12)^4] + 1.90/[(1.12)^5] + (3.14/(0.12 - 0.05))/1.125
= 27.63
Therefore, If Bean's equity cost of capital is 12%, then the price of a share of Bean's stock is closest to $27.75
Answer:
B
Explanation:
$10,000 - [$6,000 + ($9,000 - $3,000)] = ($2,000). Therefore, nothing is added back.
Answer:
The correct answer is option D.
Explanation:
Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication.
These employees work on several books simultaneously so a change in quantity demanded of books published in a year.
Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs.
Answer:
Explanation:
The primary market is the market in which the new securities like bonds, stocks, etc are offered to the general public for the first time or we can say Initial public offer.
The initial public offer is an example of the primary market
.
On the other hand, the secondary market is that market in which the securities are purchased or sold through the investors after offering to the general public.
Example - New York Stock Exchange (NYSE), etc.
