To solve for the current yield, we must do the following
steps:
1.
Get the interest of the preferred stock.
100 x 0.06 = 6
2.
Now if you get the interest, divide this by the
amount of the current selling price of the stock.
6 / 102 = 0.0588
3.
Just convert this into percentage.
0.0588 x 100 = 5.9%
Answer:
the answer is C
Explanation:
i just took the test hope this helps
Answer: a. Firms produce a homogeneous product
Explanation:
In a perfect competition, firms produce the same goods and/or services so consumers buy the same thing regardless of which supplier they buy it from.
It would therefore be of no use to advertise because there would be no new interest in a good that everybody already makes. Instead, the advertisement could even help competitors because the benefits of the advertised products will apply to competing products as well so consumers might just go for those.
Answer and Explanation:
The preparation of the production budget and The total required production for the year is as follows
<u> One Device </u>
<u> Production budget</u>
<u> For the first four months</u>
<u>Particulars Jan Feb Mar April Year</u>
Expected
unit sales 500 units 800 units 450 units 550 units
Add:
Ending
inventory 160 units 90 units 110 units 120 units
($800 × 20%) ($450 × 20%) ($550 × 20%) ($600 × 20%)
Total
required units 660 units 890 units 560 units 670 units
Less:
Beginning
inventory 100 units 160 units 90 units 110 units
($500 × 20%) ($800 × 20%) ($450 × 20%) ($550 × 20%)
Required
production
units 560 units 730 units 470 units 560 units 2,320 units