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Novay_Z [31]
3 years ago
7

A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15,

$14, $13, $12, $11, $10, $9, $8, $7, $6, $5. Eleven sellers are also willing to sell at the same prices. If the market maker is free to choose the number of transactions he can make, what is his maximum profit
Business
1 answer:
beks73 [17]3 years ago
3 0

Answer:

maximum profit ($30 in total) is obtained by selling 5 units

Explanation:

  1. if the market maker buys and sells one unit, his/her profit = $15 - $5 = $10
  2. if the market maker buys and sells two units, his/her profit = $10 + ($14 - $6) = $18
  3. if the market maker buys and sells three units, his/her profit = $18 + ($13 - $7) = $24
  4. if the market maker buys and sells four units, his/her profit = $24 + ($12 - $8) = $28
  5. if the market maker buys and sells five unit, his/her profit = $28 + ($11 - $9) = $30

the maximum profit per unit is obtained by selling only 1 unit, but the total maximum profit is obtained by selling 5 units.

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Preferred Stock As of December 31, 2015, we had one class of preferred stock outstanding. We are authorized to issue approximate
sergey [27]

<u>Solution and Explanation:</u>

The dollar amount of dividends that Xerox must pay on this stock = $2,160,000

Working for the answer

It was given in the question that, company issued 300,000 shares of Series and the convertible preferred stock pays quarterly cash dividends at a rate of 8% per year

par value of $90 per share

SO amount of dividends that Xerox must pay on this stock

=300,000$ shares $* 90$ value face value $* 8 \%$

=300,000 * 90 * 8 \%

=2,160,000

amount of dividends that Xerox must pay on this stock =2,160,000

 

7 0
3 years ago
Think about a tradeoff associated with taking college classes and pursuing a degree. What kinds of things do you trade off to ta
Ksju [112]

Answer:

time and money

Explanation:

The two main general tradeoffs that you're making are time and money. You are using your valuable time pursuing that degree as well as spending money on tuition and other expenses. This therefore, becomes an opportunity cost since you could have spent that time and money doing other things such as travelling to see the world, creating a business, investing, or even learning something else. Anything that you could think of would be an opportunity cost of deciding to use your time and money to pursue that degree.

3 0
3 years ago
Charles is a single person, age 35, with no dependents. In 2015, Charles has gross income of $75,000 from his sole proprietorshi
r-ruslan [8.4K]

Answer:

The correct answer is $7,650.

Explanation:

According to the scenario, the computation of the given data are as follows:

Gross income from business               $75,000

 Business deductions (Less)                $80,000

Interest and dividend income (Add)    $22,000

Gross income                                        $17,000

Standard deduction (Less)                   $5,700

Exemption (Less)                                  $3,650

Net  Taxable income                             $ 7,650

So, the net taxable income is $7,650.

6 0
4 years ago
You have just turned 22 years old, and have accepted your first job. Now you will decide how much money to put into your retirem
gayaneshka [121]

Answer:

Annual deposit= $71,428.57 per year

Explanation:

Giving the following information:

You expect to live to 100 and work until you turn 65. You estimate that you will need $100,000 per year.

Every dollar in the plan earns 7% per year.

You have just turned 22 years old.

First, we need to calculate the amount of money necessary in retirement:

Final value= 100,000*35 years= 3,500,000

Now, using the following formula, we calculate the yearly deposit needed:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

n= 65-22= 43

FV= 3,500,000

i=0.07

A= (3,500,000*0.07)/[(1.07^22)-1]

A= 245,000/3.43

A= 71,428.57 per year

4 0
3 years ago
The founding fathers divided our system of government into three distinct branches. What are these branches and how did the foun
riadik2000 [5.3K]

Answer:

The US constitution partitions government into three unmistakable branches.These branches are:  

(an) Executive  

(b) Legislative  

(C) Judicial branches  

This idea is additionally called "partition of forces". Each branch is equivalent to the next i.e each branch is autonomous from the other, however every hold same position and yes the facts confirm that the establishing father legitimize each part of government as vital for a sound republic Because the establishing father assume a significant job to partition the framework into three branches.  

Governing rules: Each branch have its own duties and simultaneously, for the smooth running of the nation these three branches cooperate thus, that the privileges of residents are not overlooked and each resident treated equivalent to other and This is conceivable or done through checks and balances.A branch may utilize its forces so as to keep up a level of influence between these three branches.By this, nobody branch hold more force. each branch hod balanced governance over the other.  

INTERESTS OF MINORITY SHAREHOLDERS OVER MAJORITY SHAREHOLDERS:  

Significant piece of India's populace by and large comprises of minority part the interests of minorities are retained by the administration to more prominent degree , in practically all the areas, for example, training, modern, science and medicals, minorities are given significant significance . Numerous administration motivation are likewise embraced by the judicial,executive and council level of the legislature.  

Result: The ancestors separated the legislature into 3 kinds, in order to give equivalent rights all the interests of people at all levels. Such in detail is as of now clarified above in the above segment.

5 0
4 years ago
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