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2 years ago

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For each stock in the stock market, the number of shares sold daily equals the number of shares purchased. That is, the quantity

of each firm’s shares demanded equals the quantity supplied. So, if this equality always occurs, why do the prices of stock shares ever change?

1 answer:

LuckyWell [14K]2 years ago

4 0

Answer:

daf

Explanation:

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for $32.45 per share, and the firm expects its per-share dividend to be $2.35 in one year. Analysts project the firm’s growth ra

Serggg [28]

Answer:

Cost of equity will be 12.96 %

Explanation:

We have given current price of the stock = $32.45

Expected dividend $D_1=$2.35$ in one year

Growth rate $g=5.72%=0.0572$

We have to find the cost of equity

Cost of equity is given by

Cost of equity $=\frac{expected\ dividend}{current\ price\ of\ the \ stock}+growth\ rate=\frac{2.35}{32.45}+0.0572=0.1296$ = 12.96 %

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2 years ago

At magnira corp., a company that manufactures fruit preserves, fruits of excellent quality are used to make jams, jellies, and m

Juli2301 [7.4K]

<span>In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.</span>

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2 years ago

Read 2 more answers

Coronado Inc. had beginning inventory of $12700 at cost and $20900 at retail. Net purchases were $113930 at cost and $158500 at

aalyn [17]

Answer:

<u><em>Ending Inventory:</em></u> <em>21,267.70</em>

Explanation:

cost retail

beginning 12,700 20,900

purchases 113,930 158,500

markups 9,600

markdowns (7,400)

total 126,630 181,600

inventory to retail ratio: 126,630 / 181,600 = 0.6973

sales revenues 151,100

COGS: 151,100 x 0.6973 = 105,362.30

<u><em>Ending Inventory:</em></u> 126,630 - 105,362.30 = <em>21,267.70</em>

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3 years ago

Which of the following is incorrect regarding how a differentiation strategy can help a firm to improve its competitive position

nirvana33 [79]

Answer:

A. Supplier power is increased, because suppliers will be able to charge higher prices for their inputs

Explanation:

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2 years ago

Ayayai Corporation traded a used truck (cost $20,800, accumulated depreciation $18,720) for a small computer with a fair value o

Ierofanga [76]

Answer:

See below.

Explanation:

Journal entries to record the transaction are as follows,

Debit Computer account with $3,432

Debit Accumulated depreciation account with $18,720

Credit Truck account with $20,800

Credit Cash Account with $520

Credit profit on sale of asset with $832

This the journal entry that balances the books by targeting appropriate accounts.

Note that accumulated depreciation account has a credit balance as it is an asset reducing account.

Hope that helps.

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2 years ago