1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liula [17]
3 years ago
6

Suppose the price of a pound of flax seed in west virginia is currently $1.00. the law of one price suggests that because the pr

ice of a pound of flax seed is $1.20 in kentucky, the price of a pound of flax seed will be ___________ in west virginia after sellers adjust their supply in both markets.
Business
1 answer:
Reptile [31]3 years ago
6 0

Answer:

It will be between $1.00 and $ 1,20

Explanation:

Solution

Given:

From the given question, the price of a flax seed in west Virginia is presently at $1.00

From the law of one price states that since the price of a pound of flax seed is $1.20 in Kentucky,

Then,

The price of a flax seed pound will be between 1.20 and 1.00

Therefore, the price of the flax seed in Kentucky as compared to that of west Virginia will be placed in between  prices of $1.20 and $1.00 after the supply by sellers in both market has been adjusted or raised.

You might be interested in
Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders
dolphi86 [110]

Answer:

The first part of the question is missing, so I looked for a similar question. I'm not sure that it is the same, but it can help you understand how to solve it.  

Paid-In Capital:

Preferred Stock—5%, $11 Par Value; 150,000 shares authorized, 20,000 shares issued and outstanding : $220,000

Common Stock—$2 Par Value; 575,000 shares authorized, 380,000 shares issued and outstanding : 760,000

total dividends distributed:

2018: $9,000

2019: $45,000

preferred dividends = $220,000 x 5% = $11,000

Distributed dividends:

2018:

$9,000 in dividends distributed to preferred stockholders, $0.45 per preferred stock.

2019:

$13,000* in dividends distributed to preferred stockholders, $0.65 per preferred stock.

$32,000 in dividends distributed to common stockholders, $0.084 per common stock.

Since preferred dividends are cumulative, if they are not paid off during a certain year, they will have to be paid in the future before any common dividends are distributed.

5 0
3 years ago
Who would most likely be your target audience if you created a slide presentation that had a yellow background and purple text?
liq [111]
Your answer would be C

8 0
3 years ago
Read 2 more answers
Value Electronics, Inc. started its operations on January 1, 2019.
elixir [45]

Answer:

The first step in operating cycle would be to purchase inventory from vendors.

The correct answer is D

Explanation:

The steps involved in operating cycle includes:

1. Purchase of inventory from vendors

2. Sale of goods to customers

3. Recording of sales in accounts                                                    

4. Collection of cash from customers                                

3 0
3 years ago
There are not enough goods and services to meet the wants of the population
brilliants [131]

Answer:

Explanation:

The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.

5 0
2 years ago
Which of the following best explains
Otrada [13]

Answer:

A

Explanation:

7 0
1 year ago
Other questions:
  • As described in a recent annual report, Verizon Communications provides wireless voice and data services across one of the most
    6·1 answer
  • Moe has entered into a contract with Larry. Subsequently, Moe assigns his rights in that contract to Curly. Which of the followi
    15·1 answer
  • Using account analysis, what type of cost is the fee the airline company charges for your bags assuming a typical policy is $25
    8·1 answer
  • So, I got a job two weeks ago and I'm a minor. I don't have a work permit. Is a permit necessary to get paid? I haven't been ask
    5·2 answers
  • Suppose all the producers sell toasters through Wal-Mart, and WalMart lets producers choose from 2 options. With Option A, a pro
    9·1 answer
  • Your older brother turned 35 today, and he is planning to save $7,000 per year for retirement, with the first deposit to be made
    15·1 answer
  • Thermopolis, Inc. reported retained earnings of $490,953 on December 31, 2017. During the year, Thermopolis recorded net income
    12·1 answer
  • Eastern Electric currently pays a dividend of about $1.96 per share and sells for $37 a share. A. If investors believe the growt
    5·1 answer
  • Question #3
    11·2 answers
  • 3. A U.S. MNC needs to raise capital of $100 million by issuing bonds. The firm can either raise US$ at 5% interest rate or issu
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!