Explanation:
There are certain necessary conditions required for a market to operate as a monopoly. These conditions are not generally met in the real world. This is the reason why monopolies are very rare not so common in the real world.
A monopoly is a market structure where there is a single producer selling a product with no close substitutes. In the real world, almost all products have substitutes.
Also for a monopoly to operate there should be a restriction on entry and exit of firms which is difficult to hold in the real world.
Answer:
$8.23 per share
Explanation:
Total funds received by Turbo = (3.03 million shares x $ 7.65 per share) - $230,000
= $23,179,500 - $230,000 = $22,949,500
Gross Proceeds = Net Proceeds + Underwriter's Spread
Gross Proceeds = (Gross Proceeds * 0.07) + $7.65 per share
(Gross Proceeds – 0.07 Gross Proceeds) = $7.65 per share
Factorize gross proceeds mathematically to get
Gross Proceeds (1-0.07) = $7.65 per share
Gross Proceeds (0.93) = $7.65 per share
Gross Proceeds = 
Gross Proceeds = $8.23 per share
Answer:
a. 1.11%
Explanation:
The computation of the maximum sales growth rate is shown below:-
Sales 90% Capacity = $850,000,000
Sales at 100% Capacity = $850,000,000 ÷ 90% × 100%
= $944,444,444.4
Growth in Sales by using unused capacity = Sales at 100% Capacity - Sales 90% Capacity
=$944,444,444.4 - $850,000,000
= $94,444,444.4
Growth rate =Growth in Sales by using unused capacity ÷ Sales last year
-94444444.4 ÷ $850,000,000
= 1.11%
Explanation:
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Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
