,Answer:
The common stock were issued at $14
Explanation:
the price at which a common was sold will be the sum of the common stock and the paid-in Capital in excess of Par Value accounts.
140 + 19,460 = 19,600
This are thousands so the total proceeds from common stock is:
19,600 x 1,000 = 19,600,000 dollars
now we divide by the shares issued:
19,600,000 dollars / 1,400,000 shares= 14 dollars each share.
the real holding-period return for the year is -6.44<span>
HPR = (50-55+3)/55 => -3.64%
- must account for π of 3%
Fisher equation: (1-.0364) = (1+r)(1+.03)
r = -6.44%</span>
This is called s<span>ubstitution in production</span>
In the elastic portion of the demand curve.
Answer:
Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:
- Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
- The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
- Discount allowed to distributors which varies based upon the number of bottles purchased by them.
- Commission paid to wine salesperson which varies with respect to bottles sold.