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3 years ago

Why do many economists believe that the best time to start a new business is toward the end of a recession?

1 answer:

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A recession is a time in an economy whereby trade and industrial activities is low.Economists believe that towards the end of this period is the best to start a business due to the following reasons: at this time things are more affordable as there is low circulation of money in the economy. Low-interest rates on loans thus credit is cheaper. Additionally, there will be less competition as the money is in the hands of few people during this time. Finally, many people want to save money and thus clients will be on the lookout for more affordable alternatives.

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Nuxall Confections produces a variety of different candies. Nuxall Confections wants its candies to be available anywhere a cons

sweet [91]

Answer:

Intensive distribution

Explanation:

Intensive distribution -

It is one of the strategy of marketing where the company sells the goods or commodity via as many possible outcomes as possible , so that people can get the product everywhere , is known as the strategy of intensive distribution .

Hence , from the question , the variety of candies produced by the Nuxall Confections are made to be available everywhere possible , to increase the sale .

8 0

3 years ago

Marine Midland Bank sent market researchers door-to-door in the neighborhoods surrounding its branch banks. Each researcher want

leva [86]

Answer: Individual interviews

Explanation: An individual interview can be seen as an experimental method of acquiring information from an original source to gather non-numerical information with a small number of respondents to discuss in detail their viewpoints on a specific idea, program or circumstance.

Here, the Marine Midland Bank sent out their researchers to discuss with the head of each household in the community the reason for not checking accounts and credit cards with the bank. It can be carried out in 15-60 minutes.

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3 years ago

Countess Corp. is expected to pay an annual dividend of $4.57 on its common stock in one year. The current stock price is $73.59

Serjik [45]

Answer:

The cost of equity is 9.91%

Explanation:

The constant growth model of the DDM is used to calculate the price of the share or the fair value per share based on a constant growth in dividends and the required rate of return which is also known as cost of equity.

Plugging in the available values in the formual we can calculate the cost of equity or the required rate of return.

73.59 = 4.57 / (r - 0.037)

73.59 * (r - 0.037) = 4.57

73.59r - 2.72283 = 4.57

73.59r = 4.57 + 2.72283

r = 7.29283 / 73.59

r = 0.0991 or 9.91%

3 0

3 years ago

Read 2 more answers

Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann

expeople1 [14]

Answer:

Pecan Theatre Inc.

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Explanation:

a) Data and Calculations:

Dividends: Cumulative Common Stock

Preferred Stock Dividends

Dividends Per share Per share

20Y1, $80,000 $80,000 $0.40 $0 $0

20Y2, $90,000 90,000 $0.40 0 $0

20Y3, $150,000 150,000 $0.40 0 $0

20Y4, $150,000 100,000 $0.40 50,000 $0.10

20Y5, $160,000 100,000 $0.40 60,000 $0.12

20Y6, $180,000 100,000 $0.40 80,000 $0.16

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Average annual percentage return = Dividend per share/Initial Cost per share

7 0

3 years ago

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

krek1111 [17]

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

4 0

3 years ago