Answer:
$8058
Explanation:
10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.
In the given case, single equivalent discount would be calculated as follows,
$25,500 × 10% = $2550
Then, ($25,500 - 2550) × 20%= $4590
Then, ($25,500 - 2550 - 4590) × 5% = $918
Single equivalent discount amount = $2550 + 4590 + 918 = $8058
Answer:
the value of the stock is $21
Explanation:
The computation of the value of the stock is given below:
= Annual dividend per share ÷ required rate of return
= $2.10 ÷ 10%
= $21
Hence, the value of the stock is $21
We simply divided the annual dividend from the required rate of return so that the value of the stock could come
Answer:
A equal balance of economic power among buyers and sellers.
Explanation:
For a market to operate smoothly the operational requirement required include:
1. Social Institutions of trust
2. Money as a medium of exchange
3. Individualist institutions related to private and decision making.
When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.
The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.
Answer:
uses standard costs to determine the cost of products
Explanation:
In the case when we determined the cost of the product and its services so here the standard costing system would be used to measure the cost of product as this is the costing system that are based upon the estimated or predicted values and are significant for generating a product
