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3 years ago

Even in a monopoly consumers can find substitute goods or services. True or false?

Business

2 answers:

Nitella [24]3 years ago

7 0

Answer:

true

Explanation:

even in a monopoly consumers can find substitute goods or services

saveliy_v [14]3 years ago

3 0

Answer:

True

Explanation:

Even in a monopoly consumers can find substitute goods or services.

Consumers are able to choose what they want to purchase.

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As of January 1, Year 2, Room Designs Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earni

dexar [7]

Answer:

What did the company purchase that resulted in the cash outflow from investing activities?

It purchases Land for 16,500

Explanation:

The investing activities outflow will be for the purchase of long tem assets in cash.

The complete cash outflow for investing activities is explain it through the land account:

cash outflow: 16,500

land: 16,500

There are no other long-term assets which can explain the variance plus, the land account covers the amount entirely.

6 0

3 years ago

Reggie purchased a life insurance policy with a face amount of $500,000. after 15 years, the cash value has accumulated to $100,

Nadusha1986 [10]

<span>Universal Life Policy

This policy allows you to adjust your annual payments based on your capability (although is has a minimum limit requirement) and sometimes allows you to borrow money based on the accumulated value in the policy itself.
</span><span>Universal Life Policy usually has higher profit rates than whole-life policy.</span>

8 0

3 years ago

Compute the expected rate of return for Intel common stock, which has a 1.4 beta. The risk-free rate is 3 percent and the mark

Amiraneli [1.4K]

Answer:

The expected return is 17.3%

Explanation:

Capital asset pricing model measure the expected return on an asset or investment. it is used to make decision for addition of specific investment in a well diversified portfolio.

Formula for CAPM

Expected return = Risk free rate + beta ( market return - risk free rate )

Expected return = 3% + 1.4 ( 14% - 3% )

Expected return = 3% + 1.4 ( 11% )

Expected return = 3% + 14.3%

Expected return = 17.3%

8 0

4 years ago

Using the following information please prepare a schedule of cost of goods sold and calculate the value of ending inventory and

adell [148]

Answer:

Ending inventory= $110,000

COGS= $100,000

Explanation:

Giving the following information:

Beginning inventory=2,000 units for $10 per unit.

Purchases:

June 30, 2019= 5,000 units at cost of $20 per unit.

September 30, 2019= 3,000 units for $30 per unit.

On December 1, 2019 the company sold 6,000 units.

Using the FIFO (first-in; first-out) inventory method, the value of ending inventory is calculated using the cost of the last units incorporated into inventory.

Ending inventory in units= 10,000 - 6,000= 4,000

Ending inventory= 3,000*30 + 1,000*20= $110,000

COGS= 2,000*10 + 4,000*20= $100,000

7 0

3 years ago

The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced

RoseWind [281]

Answer:

$3.86

Explanation:

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

Current price of stock (S0) = $110

Call option at exercise price X is $110

Three month call option price (C) = $6.53

Risk free interest rate = 8%

Price of the three month P.U.T.T option (P) = C - S0 + PV (X)

= $6.53 - $140 + $140 ÷ (1+8%)^(3÷12 )

= $6.53 - $140 + $140 ÷ (1+8%)^.25

= $6.53 - $140 + $140 ÷ 1.019427

= $6.53 - $140 + $137.33

= $3.86

5 0

4 years ago