Answer:
C. Government ownership of the major industries.
Explanation:
The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.
Other characteristics of market system not mentioned in the question are
1. System of market and prices
2. Motive of self interest.
Answer:
A. $1.80
Explanation:
Earnings per share = (Net Income - Preferred dividend) / Weighted average outstanding common shares
Earnings per share = (1140000 - 10000*100*6%) / (300000 + 300000)
Earnings per share = $1.80 per share
So, Rice's 2018 earnings per common share should be $1.80 per share
Answer:
The only two jobs that deal with natural resources are:
- oil rig driller
- wind turbine engineer
Oil rig drillers work in the ocean completely surrounded by water, or maybe other oil rigs but they are never too close.
Wind turbine engineers work on open spaces, surrounded by very few things other than wind turbines. Wind turbines are HUGE and they are usually located on very isolated places.
Answer: Kansas City with a profit of $256,000
Explanation:
Omaha
Profit = Revenue - Fixed expenses - Variable expense
= Number of units * (Revenue - variable expenses) - Fixed cost
= 8,000 * (185 - 36) - 1,200,000
= -$8,000
Kansas City
= 12,000 * (185 - 47) - 1,400,000
= $256,000
Answer:
(a) The call price would decrease (b) $8 per share (c) $6 per share
Explanation:
Solution:
The Call option is the right to sell a specified security at a specified price on a future date.
(a) The value of call option/ price will decrease
Since after payment of dividend, the market price of share will decrease
Hence, value of call option will decrease
(b)The Intrinsic Value = Market Price - Strike price
= $50 - $42
= $8 per share
(c)The time Value = Option Premium - Intrinsic Value
= 14-8
= $6 per share