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3 years ago

Which of the following fees would likely be the highest?

1 answer:

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The values for each of the fee depends primarily on which bank are the transactions being made. However, taking for example Bank X, the overdraft fee is $35. The account transfer fee is fairly lower with values from $4.95. Monthly service fee also ranges from $10 or higher. Lastly, for ATM fee the amount only ranges from $2.00.

The answer to this item is therefore the firs choice.

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Everett Company has outstanding 30,000 shares of $50 par value, 6% preferred stock and 70,000 shares of $1 par value common stoc

hoa [83]

Answer:

See explanation section.

Explanation:

Requirement A

If the preferred stock is cumulative, cash dividends paid to each class of stock is as follows:

1st year = Cash dividend's for common stock = $0

Cash dividend's for preferred stock = $0

As there is no declaration of cash dividend for the first year.

As the preferred stock is cumulative, preferred dividends for the first year will be given in the 2nd year.

2nd year = Cash dividend's for common stock = $310,000 - $8,400

= 301,600

Cash dividend's for preferred stock = $4,200 + $4,200 = $8,400

<em>Calculation:</em> 1st year dividend = 70,000 × $1 × 6% = $4,200. It will remain same in the 2nd year for the preferred stock.

3rd year = Cash dividend's for common stock = $90,000 - $4,200

= $85,800

Cash dividend's for preferred stock = $4,200

Preferred dividend's remain same for the 3rd year too.

Requirement B

If the preferred stock is non-cumulative, cash dividends paid to each class of stock is as follows:

1st year = Cash dividend's for common stock = $0

Cash dividend's for preferred stock = $0

As there is no declaration of cash dividend for the first year.

As the preferred stock is non-cumulative, preferred dividends for the first year will not be given in the 2nd year.

2nd year = Cash dividend's for common stock = $310,000 - $4,200

= 305,800

Cash dividend's for preferred stock = $4,200

<em>Calculation:</em> 2nd year dividend = 70,000 × $1 × 6% = $4,200.

3rd year = Cash dividend's for common stock = $90,000 - $4,200

= $85,800

Cash dividend's for preferred stock = $4,200

Preferred dividend's remain same for the 3rd year too.

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3 years ago

he idea of increasing opportunity cost is reflected in the A. bowed in shape of the production possibilities frontier. B. positi

wel

Answer:

E) bowed out shape of the production possibilities frontier.

Explanation:

The production possibilities frontier curve is usually has a bowed out shape because as the production of one of the products increases, the opportunity cost of producing the other product also increases.

As shown in the attached image, as the production of Y increases, the opportunity cost of producing X will also increase, giving the curve a bowed shape. The same happens to the opportunity cost of producing Y when the production of X increases.

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3 years ago

How and Why Can Complexity Theory be Applied by Managers to Implement Strategic Change?

REY [17]

Answer: C

Explanation:

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1 year ago

Sharon and Amy are roommates. They spend most of their time studying (of course), but they leave some time for their favorite ac

Ratling [72]

Answer:

Explanation:

Sharon and Amy are roommates. They spend most of their time studying (of course), but they leave some time for their favorite activities: making pizza and brewing root beer. Sharon takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Amy takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza.

a. What is each roommate’s opportunity cost of making a pizza?

Each room mates opportunity cost of making pizza is the beer they would have made with the time spent on making pizza which is

Sharon = 2/4 gallon of beer or 0.5 gallon of beer

Amy = 4/6 gallon of beer or 0.67 gallon of beer

Who has the absolute advantage in making pizza?

Sharon arguably has absolute advantage because she has comparative advantage in producing both items because she spends less time producing both however she spends half the time of Amy in producing Pizza in particular

Who has the comparative advantage in making pizza?

Sharon because she spends half the time of Amy in producing Pizza

b. If Sharon and Amy trade foods with each other, who will trade away pizza in exchange for root beer? Amy will trade pizza for root beer because she has a greater disadvantage in Pizza production in relation to root beer when compared to Sharon. She spends double the time of Sharon in making Pizza but less than double the time of Sharon in making root beer

c. The price of pizza can be expressed in terms of gallons of root beer.

Sharon = 2 hours/4 hours gallon of beer or 0.5 gallon of beer per pizza

Amy = 4 hours/6 hours gallon of beer or 0.67 gallon of beer per pizza

What is the highest price at which pizza can be traded that would make both roommates better off?

That price should be lower than Amy's cost but higher than Sharon's cost, so they can both make profits. = (0.5+0.67)/2 = 0.585 gallon of root beer

What is the lowest price? Explain.

The lowest price will be the opportunity cost of Sharon which is 0.5 gallon of root beer because if the price is lower it becomes a loss to Sharon

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3 years ago

Which two investment options would be best if you are 20 year old, just starting to save, and want to retire when you are 70? Co

Murljashka [212]

Answer:

Diverisify

Explanation:

The best option would be to diverisify between various things. Part into a promising crypto such as Ethereum or Bitcoin. Part into some basic index funds such as the SPY (S&P500), some bigger tech companies such as Apple and finally a more risky investment into a stock or crypto which is only in the beginning of its age. If you would like protection against a crisis or similar you could buy some Put options for your stocks.

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2 years ago