Answer:
$40,970
Explanation:
The computation of the total cost of the material K is given below;
Material needed for August sales:
= 14,000 × 3
= 42,000
Desired ending inventory:
= 14,500 × 3 × 20%
= 8,700
Beginning inventory:
= 2,500
Now
Purchases in August:
= (42,000 + 8,700 - 2,500) × $0.85
= $40,970
Answer:
$236.25
Explanation:
Given that,
Recently dividend paid, D0 = $6.75
Growth rate of dividend, g = 5 percent per year
Required rate of return, rr = 8 percent
Therefore, the stock price is calculated as follows:
= [D0 × (1 + g)] ÷ (rr - g)
= [6.75 × (1+5%)] ÷ (8% - 5%)
= $236.25
Hence, the maximum you would be willing to pay for a share of its common stock if your required rate of return is 8 percent is $236.25.
Answer:
B. utility
Explanation:
Economists describe utility as the satisfaction derived from the consumption of a good or service. It is the usefulness or ability of a product to satisfy the customer's needs or wants. Utility is dependent on the intensity of a need or want.
Unsatisfied wants and needs cause the demand for products to rise. Intense needs also increase demand. As per the law of supply and demand, the higher the demand, the higher the price. Goods that are able to offer solutions to customer need have a high utility value. Consumers will always prefer them.
Answer:
B
Explanation:
A positive relationship between two variables or quantities happens when both increase if one increases or both decrease if one decreases. In this case, the problem states that real GDP per person is positively associated with well-being, which means that if GDP increases then well-being increases too. For instance, we should look for variables that if they increase then the well-being increases too. It is not option A,C or D because if there is an increase in crime, poverty or unemployment, people´s well-being will decrease, so those variables are negatively associated with GDP. The answer is B because if there is better education, health and life expectancy, people´s well-being increases.
