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2 years ago

A market structure with a large number of sellers who make differentiated products is called _____.

1 answer:

4 0

The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition such that many producers sell products that are differentiated from one another.

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A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in thr

dmitriy555 [2]

Answer:

The price of the bond is closest $101.36

Explanation:

It is noteworthy that a rational investor pays for a bond today the cash flows derivable from the bonds in future discounted to today's terms.

The future cash flows comprise of the yearly coupon interest of $5.5(5.5% *$100) for 3 years as well as the repayment of the principal $100 at the end of year 3.

To bring the cash inflows today's term, we multiply them them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 5% and N is the relevant the cash flow is received.

The discounting is done in attached spreadsheet leading $ 101.36 present value today.

Download xlsx

7 0

3 years ago

He stockholders' equity section on the December 31, 2009, balance sheet of Chemfast Corporation reported the following amounts:

Allisa [31]

Answer:

1.7900 shares

2.7300 shares

3.$22.95

4.$59

5.$6,300

6.$10.50

7.$791,000

Explanation:

The number of preferred shares=total par value of preferred shares issued/par value=$165,900/$21=7900 shares

The number of preferred shares outstanding is issued shares minus treasury stock=7900 shares-600 shares=7,300 shares

average issue price of preferred stock=(total par value+additional paid capital)/issued shares=($165,900+$15,400)/7900=$22.95

Average issue price of common stock==common stock amount/issued shares=$590,000/10000=$59

The treasury stock decreases stockholders' equity by the amount paid to repurchase the shares which is $6,300

Treasury stock cost $ per share=cost of treasury cost/number of treasury stock=$6300/600=$10.50

Total stockholders' equity in $=preferred stock+preferred stock additional paid in capital+common stock+retained earnings -treasury stock

Total stockholders' equity in $=165,900+15,400+590,000+26000-6300=$791,000

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2 years ago

Bell expects to produce 1 comma 800 units in January and 2 comma 155 units in February. The company budgets 3 pounds per unit of

Debora [2.8K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production:

January= 1,800 units

February= 2,155 units

The company budgets 3 pounds per unit of direct materials at a cost of $ 10 per pound.

Beginning inventory= 4,950 pounds.

Desired ending inventory= 20% of the next month's direct materials needed for production.

Desired ending balance for February is 4,860 pounds.

To calculate purchases, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

January (in pounds):

Production= 1,800*3= 5,400

Desired ending inventory= (2,155*3)*0.2= 1,293

Beginning inventory= (4,950)

Total= 1,743

Total cost= 1,743*10= $17,430

February (in pounds):

Production= 2,155*3= 6,465

Desired ending inventory= 4,860

Beginning inventory= (1,293)

Total= 10,032

Total cost= 10,032*10= $100,320

3 0

3 years ago

Question 1 (1 point) Which of these is not expected when international trade occurs?

Triss [41]

Answer:

This is incomplete, I need the options to be able to answer this question

7 0

2 years ago

An outside supplier has offered to make the part and sell it to the company for $25.10 each. If this offer is accepted, the supe

gogolik [260]

Missing information:

Corporation makes 5,700 units of part U13 each year. This part is used in one of the company's products. The company's Accounting Department reports the following costs of producing the part at this level of activity: Per Unit Direct materials $9.60 Direct labor $7.80 Variable manufacturing overhead $10.20 Supervisor's salary $5.90 Depreciation of special equipment $8.80 Allocated general overhead $8.00 An outside supplier has offered to make and sell the part to the company for $25.10 each.

Answer:

annual financial advantage of purchasing part from outside vendor = $73,380

Explanation:

current production costs per unit:

direct materials $9.60
direct labor $7.80
variable manufacturing overhead $10.20
supervisor's salary $5.90
depreciation of special equipment $8.80
allocated general overhead (fixed) $8.00
total current costs per unit = $50.30
total costs $50.30 x 5,700 units = $286,710

costs if company decides to purchase the part form outside vendor:

purchase cost per unit $25.10
deprecation of special equipment $8.80
allocated general overhead $8.00
total costs per unit = $41.90
total costs $41.90 x 5,700 = $238,830
- revenue generated from using facility space = $238,830 - $25,500 = $213,330

annual financial advantage of purchasing part from outside vendor = $286,710 - $213,330 = $73,380

4 0

3 years ago