Answer: "white flight" .
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Answer:
:Two students made stem-and-leaf plots for the following data: 530, 545, 550, 555,560, 570. Which is incorrect? Explain the error.
(2 Points)
A; there is no stem for 56.
B; there are no leaves for 55.
Explanation
Answer: A minimum wage set above the equilibrium wage will create a surplus of labor. The reason for this is that when the minimum wage is set about the equilibrium wage, the quantity of labor demanded will form, as firms will desire to hire less labor at higher rates. For eg if the equilibrium wage level is $10 per hour and a firm hires 2000 workers at that rate, if a minimum wage of $12 per is enforced the same firm might be willing to hire only 1800 workers at that rate and this will create a surplus of labor.
Explanation:
Answer:
The given statement is <u>False.</u>
A balance sheet is often described as a "snapshot of a company's financial condition.
Answer:
Dividends are fixed. ⇒ Consistent with Debt
Fixed dividends makes preferred shares consistent with debt because debt repayments are made in equal payments as well.
Usually has no specified maturity date ⇒ Consistent with Equity.
Equity has no set maturity date unlike debt and preferred stock has no maturity date either so is much like equity in this regard.
Cost of preferred stock.
Preferred stock is like a perpetuity. The cost of preferred stock is therefore:
= Constant dividend / Price of stock
= 13 / 130.45
= 9.97%
= 10%
