Answer: B) The supply of goods like clothes will decrease.
Explanation:
All else being equal, the local retail market for clothes will see a reduction in supply for clothes. This is simply as a result of less shops offering clothes than before because some have closed down as they couldn't keep up with online retail stores.
For example, the entire supply of Jeans for the town of Jeanophia were from 5 stores with each selling 5 jeans. 3 stores have closed down due to competition from jeanyjeans.com and now only 2 stores are open which has reduced the supply from 25 jeans to 10 jeans.
Answer:
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is $10,200.
Explanation:
In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is
, we have to make the following calculations.
First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100
Hence, First year preferred dividend = $9,100-$8,000 = $1,100
Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.
Answer:
b. strive to cut costs and increase efficiency.
Explanation:
Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.
Answer:
trade can make everyone better off.
Explanation:
The aim of trade is to make all parties involved better off than they were before the trade occured. For example in international trade a country sells items they have reduced cost producing, while they buy items that will be expensive for them to produce.
In this instance the web startup is offering to give the accounting firm a service they have (web hosting) for tax return service.
Everyone is better off at the end of the day because they obtained a service they could not perform alone.
Answer:
The variable maintenance cost per unit would be $8.33 and the total fixed maintenance cost would be $267
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable maintenance cost per unit = (High maintenance cost - low maintenance cost) ÷ (High level of activity - low level of activity)
= ($1,100 - $600) ÷ (100 direct hours - 40 direct hours)
= $500 ÷ 60 direct hours
= $8.33
Now the fixed cost equal to
= High maintenance cost - (High level of activity × Variable maintenance cost per unit )
= $1,100 - (100 direct hours × $8.33)
= $1,100 - $833.33
= $267
