A competitive market has many producers competing with one another to satisfy the wants and needs of many consumers. In a free competitive market, the prices of goods and services are set by the consumers and supply and demand aren't regulated by the government. Knowing this, in a free competitive market the rationing mechanism is based on price.
Answer:
$12,000 and $6,000
Explanation:
For computing the dividend, first we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate × number of years
= 1,000 shares × $100 × 6% × 2 years
= $12,000
Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders
Answer:
The correct answer is B. The decrease in price causes the quantity demanded in this market to increase by 6 packs.
Explanation:
quantity demanded in this market @ $2= 3+2+1=6
quantity demanded in this market @$1.50 =4+5+3 =12
Net increase in quantity demanded is 12-6 = 6
Answer: the correct answer is a. working capital 225000.00 before issuing the note and 185000.00 after issuing the note. b current ratio 1.82 before the note and 1.59 after the note.
Explanation: Working capital = Current assets - Current liabilities
500000.00 - 275000.00 = 225000.00 before issuing a short term note
the short term note is a current liability.
500000.00 - 315000.00 = 185000.00 after issuing a short term note
Using the Balance Sheet, the current ratio is calculated by dividing current assets by current liabilities: For example, if a company's current assets are $ 5,000 and its current liabilities are $ 2,000, then its current ratio is 2.5.
500000.00 / 275000.00 = 1.82 before issuing the note
500000 / (275000 plus 40000) =
500000 / 315000 = 1.59 after issuing the note.
Answer:
c.a chiropractor and two independent physical therapists are located in his community
Explanation:
Certainly this entrepreneur should share data, community information and health specific knowledge with these therapists.
