Answer:
A share of Citigroup stock represents a claim on Citigroup's assets that gives the purchaser a share of the corporation.
Depending on whether you are an investor or the corporation, a bond is more or less riskier than a stock.
If you are an investor, buying a bond is safer than buying stock since in a worse case scenario where the company goes bankrupt, bond holders are paid before than stockholders. Also bonds provide fixed periodic payments (coupons) and a final payment of the face of the bond at maturity date.
If you are the corporation, issuing bonds is riskier than issuing stock since you have the obligation of making fixed periodic payments to bondholders (coupons) and must pay the face value at maturity date. On the other hand corporations don't have any legal obligation to pay dividends.
Answer:
Teller's break-even point in sales dollars for 2012 is $400,000
Explanation:
The formula to compute the break even point in dollars is shown below:
Break even point (in dollars) = (Fixed expenses) ÷ (contribution ratio)
where,
Fixed expense is $120,000
And, the contribution ratio equals to
= (Contribution per unit) ÷ (sales per unit) × 100
where,
Contribution is = Selling price - variable cost per unit
= $300 - $210
= $90 per unit
Now put the values to the above formula
So, the ratio would be
= ($90 per unit) ÷ ($300 per unit) × 100
= 30%
Now put the values to the above formula
So, the value would be
= $120,000 ÷ 30%
= $400,000
Answer:
The answers that apply are:
(B) The price for a hunting license is increased in an effort to reduce the number of hunters.
(C) A law is passed increasing the price of cigarettes in an effort to decrease secondhand smoke.
Explanation:
Hunting is a practice that governments are trying to control and decrease. So if government want to decrease the amount of people hunting they should increase the price of the licence.
Smoking is unhealthy, so the law increase the price for healthy reasons.
Answer:
Solution attached in picture
Explanation:
