Answer:
P = $75 per club
n= 75,000 clubs
Explanation:
The demand and supply functions are:

The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:

The number of units sold at that price is:

This is false. When inflation happens, prices go up in the economy.
Answer:
Dividend per share is 5.55.
Explanation:
Common stock has the market price = $57 per share
The total market value of the firm = $5130000
The liquidating amount of its division = $500000
Now we have to find the amount per share of the dividend, below is the calculation.
Number of outstanding shares = 5130000 / 57 = 90000
Dividend = 500000
Dividend per share = 500000 / 90000 = 5.55
Answer:
10.46%
Explanation:
Data provided in the question
NPER = 4 years
Price of the bond is $956.12
Yield to maturity is 11.43%
Coupon rate = 10%
We assume the face value be $1,000
So the coupon payment is
= Face value × Coupon rate
= $1,000 × 10%
= $100
Now the current yield on this bond is
= Coupon payment ÷ Price of the bond
= $100 ÷ $956.12
= 10.46%
Answer:
I have just received seed money for a new e-commerce business and you want to hire a dozen people with a lot of creative potential. To hire the most creative people, you would select applicants who:
Has above-average intelligence, is persistent, has subject-matter expertise, and an inventive thinking style.
Explanation:
Starting a new e-commerce business required the need for hire experienced personnel with creative thinking style in order to spur the business to the peak inline with vision and mission set for such businesses