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3 years ago

How can capitalism be best described in the United States today?

1 answer:

5 0

The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.

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During its first year of operations, mack's plumbing supply co. had sales of $630,000, wrote off $10,100 of accounts as uncollec

Reil [10]

<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>

3 0

3 years ago

Assume Merck (MRK) just announced that its next dividend will be $2, paid one year from now (you just missed the prior annual di

Ludmilka [50]

Answer:

$28.57

Explanation:

Current price = D1/(Required return-Growth rate)

D1 (Next dividend) = $2

Required return = 10% = 0.1

Growth rate = 3% = 0.03

Current price = $2/(0.1-0.03)

Current price = $2 / 0.07

Current price = $28.57143

Current price = $28.57

Hence, i will be willing to pay $28.57 for a share of Merck stock.

8 0

3 years ago

Ultimate Sportswear has $150,000 of 8% non-cumulative, non-participating, preferred stock outstanding. Ultimate Sportswear also

Natali [406]

Answer:

c. $12,000 preferred: $23,000 common

Explanation:

Calculation of how the Dividend should be distributed

First step is to calculate for preferred stock outstanding

Preferred stock outstanding=$150,000 * 8% non-cumulative

Preferred stock outstanding=$12,000

Second step is to calculate for common stock outstanding

Using this formula

Common stock outstanding = Cash Dividend-Preferred stock outstanding

Let plug in the formula

Common stock outstanding=$35,000-$12,000

Common stock outstanding=$23,000

Therefore Preferred stock outstanding will be $12,000 while Common stock outstanding will be $23,000

4 0

3 years ago

The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production o

marishachu [46]

Answer:

The answer is "2.45%".

Explanation:

The answer of option c:

Reduce power by 950 dollars:

In this question it will need to once again take the latest energy cost for analytical hierarchical productivity.

→ Total Input $= 400 \times 12+21000 \times 1 +(5000-950)+10000$

$= 4800 +21000 + (4050)+10000 \\\\ = 25800+4050+10000 \\\\ = 39850\\$

Consumer rates $= \frac{1,000}{39,850}$

$=0.0250$

Initial efficiency multi-factor= 0.0245

$\to \text{percentage changes} = \frac{\text{New Multi Factor Productivity - Previous Multi-Factor Productivity}}{\text{Originbal Multi-Factor Productivity}}$

$= \frac{(0.02450.0251)}{0.0245}\\\\ = 2.45 \ \ \%$

3 0

3 years ago

Question 1 which of the follow will happen if you miss a monthly credit card payment?

Stells [14]

What can happen if you miss a monthly credit card payment is that you will be charged a late fee, and you can also lose rewards points.
Hope this helps!

6 0

3 years ago