3 years ago

What is one way a market economy affects the lives of private citizens

1 answer:

3 0

Freedom of individual choice is possible to the extent that the market provides options for work, developing a business, and purchasing goods and services (so long as you can afford them).

Hope this helps :)

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Mary Co. paid dividends of $5,000, $6,200, and $8,000 during Year 1, Year 2, and Year 3, respectively. The company had 1,700 sha

Monica [59]

Answer :

Amount of dividend paid =$1,350

Explanation :

The computation is shown below:

As per the data given in the question,

Dividend per year for preferred stock = $1700 × $100 × 3.5%

= $5,950

Particulars Year 1 Year 2 Year 3

Preferred dividend $5,000 $6,200 $6,650

($700+$5,950)

Preferred dividend in arrears $950 $700

($5,950-$5,000) ($5,950+$950-$6,200)

Therefore dividends for common shareholders is

= $8,000 - $6,650

= $1,350

4 0

3 years ago

Each month’s ending inventory of finished units should be 60% of the next month’s sales. The April 30 finished goods inventory i

xeze [42]

Answer:

230

Explanation:

Calculation for Champ’s budgeted production (in units) for May

CHAMP INC.

Production Budget For month ended May 31

Sales during the month 230

Less: Opening Stock (138)

(60%*230)

Sales units required to produce in May 92

(230-128)

Sales during June 230

Add: Closing stock of May 138

(230*60%)

Budgeted production (in units) for May: 230 (138+92)

Therefore Champ’s budgeted production (in units) for May will be 230

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2 years ago

1. You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11.5 percent and Stock Y

zimovet [89]

Answer:

1. Investment in X = $6900

2. Investment in Y = $3,100

Explanation:

Since the total weight of a portfolio must equal 1 (100%), the weight of Stock Y mustbe one minus the weight of Stock X. Mathematically speaking, this means:

E(RP) = .1085 = .115wX + .094(1 – wX)

.1085 = .115wX + .094 – .094wX

.0145 = .021wX

wX = 0.69

So, the dollar amount invested in Stock X is the weight of Stock X times the total portfolio value, or:

Investment in X = 0.69 ($10,000) = $6,900

And the dollar amount invested in Stock Y is:

Investment in Y = (1 – 0.69)($10,000) = $3,100

4 0

2 years ago

A debtor, who owed a company $565, deposited a check in the bank. The bank credited the company’s account by the same account. H

Blizzard [7]

Answer:

9 and credit

Explanation:

got it correct on edmentum/plato

6 0

2 years ago

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zvonat [6]

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3 0

3 years ago

Read 2 more answers