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3 years ago

In a market economy,

Business

1 answer:

stiks02 [169]3 years ago

7 0

Answer:

The correct answer is letter "D": supply and demand determine prices and prices, in turn, allocate the economy's scarce resources.

Explanation:

In a Market Economy, economic decisions and prices are determined by market forces rather than by central planning. Market forces refer to the collective effects of all the decisions made by individuals participants in the economy such as consumers and businesses according to their free will.

In other words, supply and demand are the regulators of a Market Economy determining prices also allocating scarce resources.

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A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares

Norma-Jean [14]

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

Treasury shares are those shares that are bought back by the company that issued the shares.

Use the following formula to calculate the cash dividend

Cash Dividend = Numbers of outstanding shares x Dividend rate

Where

Numbers of outstanding shares = 9,500 shares

Dividend rate = $0.75 per share

Placing values in the formula

Cash Dividend = 9,500 x $0.75 per share

Cash Dividend = $7,125

3 0

3 years ago

The Chandler Group wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking up". A

Tems11 [23]

Answer: 6.49%

Explanation:

The constant rate of growth where the company would break even will be calculated thus:

Initial investment = Net cash inflow / (14% - g)

759000 = 57,000/(0.14 - g)

where g = growth rate

759000 = 57,000/(0.14 - g)

Cross multiply

759000(0.14 - g) = 57000

106260 - 759000g = 57000

759000g = 106260 - 57000

759000g = 49260

g = 49260/759000.

g = 0.0649

g = 6.49%

6 0

2 years ago

Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases.

AysviL [449]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>

7 0

3 years ago

Which customer is an internal customer of Eureka Computer Solutions?

alexandr1967 [171]

Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.

<h3>Who is an internal customer?</h3>

For a company, an internal customer is the one who has direct relationship with the company hence dependent on them.

Hence, Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.

Learn more about internal customers here : brainly.com/question/2040044

#SPJ1

6 0

2 years ago

The following is information for Palmer Company. Year 3 Year 2 Year 1 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending in

Vlad1618 [11]

If Palmer Company. Year 3 Year 2 Year 1 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending inventory 97,400 87,750 92,500 compute inventory turnover for Year 3 and Year 2, and its days' sales in inventory at December 31, Year 3 and Year 2:

a) Inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2

Inventory turnover =$426,650/($92,500+$87,750)/2

Inventory turnover=$426,650/$90,125

Inventory turnover=4.7 times

Days' sales in inventory=$87,750/$ 426,650×365 days

Days' sales in inventory=$87,750

Days' sales in inventory=75.07 days

b) Inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3

Inventory turnover=$643,825 /($87,750+$97,400)/2

Inventory turnover=$643,825/$92,575

Inventory turnover=6.95 times

Days' sales in inventory=$97,400/$643,825×365 days

Days' sales in inventory=55.22 days

Learn more here:

brainly.com/question/15520316

4 0

2 years ago