Answer:
C. a higher price and produce a smaller output than a competitive firm.
Explanation:
A monopolistic producer will charge a higher price when confronted with the same unit cost data. The producer will also produce less of the item to make it appear more in demand. In turn, this allows the producer to make more money by spending less on labor and materials. Their overhead is reduced as well. This is seen as a competitive way to market their product and make it seem better and that it sells faster so keeping up with demand is difficult, even though it is completely false.
Answer: b. the European and Asian Foreign Equity index.
Explanation:
The EAFE index is for countries in the European, Australian and Asian markets as well as the Middle East. It is hailed as the oldest index covering international markets.
This index covers over 900 small to medium cap stocks in 21 countries in the EAFE zone making it one of the largest of its kind that does not contain US stock.
Answer: $300,000
Explanation:
As overhead is applied on the basis of direct labor cost, the overhead rate for the period is:
= Overhead / Direct labor cost * 100%
= 5,340,000 / 890,000 * 100%
= 600%
If direct labor cost is $50,000 then overhead applied will be:
= Direct labor cost * Overhead rate
= 50,000 * 600%
= $300,000
The answer is B. resources are scarce.
Answer:
D0 1.50
D1 1.60
D2 1.78
D3 1.94
D4 2.12
D5 2.31
Price of the stock after 5-year $ 77
PV $ 81.75
Explanation:
Earning per share 2.5
Dividend per share 1.5
grow ratio 9%
P/E ratio 24
within 5 year is expected to fall to 20
We solve for the dividend by multiplying the dividends by the grow rate of 9%
We solve for the earning after 5 years:
Principal 2.50
time 5.00
rate 0.09000
Amount 3.85
Then we multiply by 20 to get the value of the stock:
$ 3.85 x 20 = $ 77
We solve the horizon value:
PV $ 81.75