Answer:
If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?
11 workers= 54 units
12 workers= ?
12 x 54/11= 59 units
Explanation:
Answer:
Old Stock
Explanation:
The Dividend Reinvestment Plan is a platform where investors or shareholders in a company, reinvest the dividends they gained into more shares sold by the same company, most times without having to pay commissions.
Under the <em>Old stock dividend reinvestment plan, </em>an outside trustee, that is, a member of the board who is not an officer in the company, repurchases the company's existing shares in the stock market and then allocates the shares purchased among the stockholders. They sell the shares at market price. Most times, in order to encourage shareholders participation the company making the repurchase takes care of the commission fees.
Answer:
$110,000 on maturity
Interest of $6,050 semiannually
Explanation:
Jordan will pay $110,000 at maturity date with 20 payments of $6050 as interest
11% bonds at par value = $110,000
Interest paid = Semiannually
Market rate = 10%
At maturity, the par value will be paid as the par value of Jordan issued bonds is 110,000, therefore, Jordan will pay 110,000 on the maturity date.
As the bonds are issued for 10 years with semiannual payments that will be like 20 payments of $6,050 (110,000 x 10% x 6/12)
Answer:
Explanation:
a)
It is known that,
P(Sat) = 0.35
P(Sun) = 0.30
P(no rain on Sat) = 1 - 0.35
P(no rain on Sun) = 1 - 0.30
So P(rains on the weekend) = 1 - P(no rain on Sat) P(no rain on Sun) =
= 1 - (1-0.35)(1-0.30) = 0.545
b)
P(Sat Sun) = P(rains on Sat) P(rains on Sun) + P(rains on Sat) P(no rains on Sun) = 0.35*0.30 + 0.35*(1-0.30) = 0.35
