Answer:
The correct answer is: a decrease in the price of cattle.
Explanation:
Ranchers can raise either cattle or sheep on their land. They will choose the option which is most profitable. A decrease in the price of cattle will make it less profitable. So ranchers will prefer to raise more sheep.
This will cause the supply of sheep to increase. As a result, the supply curve will move to the right.
An increase in the demand for cattle will increase its price. Consequently, its supply will increase and that of sheep will decrease. An increase in the price of sheep feed will make it costly to raise sheep, so its supply will decrease.
An increase in the price of sheep will cause its quantity supplied to increase. The supply curve will remain the same.
Answer:
4.62%
Explanation:
Bethesda had an issue with preferred stock outstanding with a coupon rate of 4.20 %
It is sold at $90.86 per share
The par value is $100
Therefore the company's preferred stock can be calculated as follows
= 4.20/100 × 100 / 90.86/100 ×100
= 4.20/90.86
= 0.0462 × 100
= 4.62%
Answer:
Currency such as notes and coins with the people.
Demand deposits with the banks such as savings and current account.
Time deposit with the bank such as Fixed deposit and recurring deposit.
Answer:
Production= 25,250 units
Explanation:
Giving the following information:
Sales= 25,000 units
ending inventory= 700 units
beginning inventory= 450 units
To calculate the required production for the period, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 25,000 + 700 - 450
Production= 25,250 units
Answer: $53,600
Explanation:
Credit sales increase the balance on Accounts Receivables because they represent that people owe the business.
It is therefore included in the formula for calculating the ending balance of Accounts Receivables:
Ending accounts receivables = Beginning accounts receivable + Credit sales in May - Customer payments during May
19,000 = 24,600 + Credit Sales in May - 59,200
Credit Sales in May = 19,000 + 59,200 - 24,600
= $53,600
