Answer:
Explanation:
Dividend yield formula = Dividend / Price
Dividend = $2.80
Price = $49.20
Dividend yield = 2.80/49.20 = 0.0569
Dividend yield = 5.69%
Capital gains yield (CGY) = Next year's price-Current price / current price
Next year's price(P1) = 49.20*(1+0.0725)
P1 = $52.77
CGY = (52.77-49.20) / 49.20
CGY = 3.57/49.20
CGY = 0.0726
Therefore, capital gains yield = 7.26%
Answer: See explanation
Explanation:
It should be noted that adjusting entries are normally made at the conclusion of an accounting period so that the income and expenditure will be allocated to the particular period when they took place.
Prepaid rent is calculated as:
= 2660 × (36-5)/36
= 2660 × 31/36
= 2290.56
Unearned revenue:
= 8000 × 11/48
= 1833.33
Accrued interest:
= 3400 × 12% × 8/12
= 3400 × 0.12 × 8/12
= 272
Salary expense:
= 2500 × 4/5
= 2000
The adjusting entry has been attached.
Answer:
NAFTA became the largest free trade zone in the world.
Explanation:
The North American Free Trade Agreement (NAFTA) was a trade pact that was signed in the year 1992. This Pact was created with the goal of eliminating the majority of trade tariffs as well as other trade barriers on the various different products and services that were being traded between the United States of America, Canada, and Mexico. NAFTA became the largest free trade zone in the world.
Answer:
<h2>The correct answers in this case are options (ii) and (iii).</h2>
Explanation:
As opposed to competitive market structure,the Marginal Revenue(MR) for a monopoly is less than the output price(P).In competitive market,the market competition or firm rivalry pushes the price down to a fixed level which is equal to MR or the revenue earned by all firms(price takers) from selling 1 more unit of output.Due to absence of any competition,a monopoly(price maker) can set the P and production level at the point where MR is equal to the Marginal Cost of production(MC) or the cost of producing one more unit of output.This is the profit maximizing price and output of a monopoly.Now,to sell more output,the monopoly has to increasingly reduce the P in order to attract more customers and it will continually set the P at the profit maximizing level of output where MR=MC.Therefore,for a monopoly,the P or output price is less than the MR obtained,while due to high competition or firm rivalry,all the competitive firms are able to charge a fixed and uniform P for each unit of output and earn identical MR as well.