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3 years ago

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

1 answer:

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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<span> such that many producers sell products that are differentiated from one another.</span>

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Distributing Cash Dividends to Preferred and Common Shareholders Dechow Company has outstanding 20,000 shares of $50 par value,

Anna11 [10]

Answer:

Preferred Stock = $60,000 and $3.00

Common Stock = $100,000 and $1.25

Explanation:

Dividends

Preferred Stock has preference when it comes to dividends payments. The remaining dividends are then paid to Common Stockholders.

Preferred Stock dividend = 20,000 x $50 x 6% = $60,000

Common Stock dividend = $160,000 - $60,000 = $100,000

Dividends per share

Preferred Stock dividend = $60,000 ÷ 20,000 shares = $3.00

Common Stock dividend = $100,000 ÷ 80,000 shares = $1.25

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3 years ago

Cyclical unemployment is closely associated with Select one: a. long-term economic growth. b. short-run ups and downs of the eco

kiruha [24]

Answer:

b. short-run ups and downs of the economy.

Explanation:

Cyclical unemployment is a form of employment that occurs as a result of fluctuations in the economy.

When there's a downturn in the economy, unemployment increases and It falls when there's a boom.

I hope my answer helps you

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3 years ago

Read 2 more answers

Philip Morris bought Miller Brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie

Olenka [21]

Answer: Points of indifference

Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.

In the given case, the company must have build point of indifference before launching of new product, and must have expected higher profits than normal beer.

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3 years ago

Suppose that you read in The Wall Street Journal that a bond has a coupon rate of 9 percent, a price of 71 3/8, and pays interes

olga nikolaevna [1]

Answer:

This question is missing the options given below:

A. 11%

B.13%

C. 15%

D. 17%

E. 20%

The correct answer is option B,the bond current yield is 13%

Explanation:

Bonds Current Yield = Year one cash flow / Current Price x 100 = 9 / 71.375 x 100 = 12.60% or approximately 13%

Note that 71 3/8 is the same as 71.375% as 3/8 gives 0.375 and when added to 71% gives 71.375%

The year cash flow is calculated as :9% of bond par value($100)=$9

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3 years ago

Brooks Corporation sells computers under a 2-year warranty contract that requires the corporation to replace defective parts and

Anettt [7]

Answer and Explanation:

Brooks Corporation

1. The 2014 cash-basis journal entries will be:

Date Description Debit Credit

2014

DR Cash $1,402,610

($3,110 x 451)

CR Sales Revenue $1,402,610

No Journal entry is recorded for the possible warranty expense in a situation where the cash-basis is used.

2. The 2014 accrual method journal entries will be:

Date Description Debit Credit

2014

DR Cash $1,402,610

CR Sales Revenue $1,402,610

2014

DR Warranty expenses 165,968

($368 x 451)

CR Accrued Warranty Expense 165,968

3. On December 31, 2014, financial statements, there will be an Accrued Warranty Liability in which it will be classified as a current liability unless in a situation where the company can reasonably estimate which portion will be spent in the second year of the warranty period, in which case that portion can be classified as a long-term liability.

4. The 2014 cash-basis journal entries will be:

Date Description Debit Credit

2015

DR Warranty Expense 65,120

CR Wages Expense 41,080

CR Inventory 24,040

5. The 2014 accrual method journal entries will be:

Date Description Debit Credit

2015

DR Accrued Warranty Expense 65,120

CR Wages Expense 41,080

CR Inventory 24,040

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3 years ago