Education can be both a public and a private good; what other kind of a good is it?

Locked-In Real Estate (LIRE) is preparing for their Initial Public Equity Offering (IPO). With its holdings consisting of rent c

jeka57 [31]

Answer: $62.50

Explanation:

The stock price of Locked-In Real Estate (LIRE) will be calculated thus:

Stock price = D /ke - g

where,

D = Dividend paid per share = $7.50

Ke = expected rate of return on equity = 12% = 0.12

g is growth rate of dividend = 0

Stock price = $7.50/0.12

Stock price = $62.5

Therefore, the stock price is $62.50

4 0

3 years ago

If a firm’s expenses equal or exceed its revenue, what actions might management take?

exis [7]

In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.

<h3>What are expenses?</h3>

This are the cost of inputs that the company put into production of their goods and services.

When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.

Therefore, the actions that might be taken by management is to check their production process .

Learn more about expenses at:

brainly.com/question/4953989

7 0

2 years ago

A movie production studio incurred the following costs related to its current movie: Purchased office supplies on account: $36,0

PilotLPTM [1.2K]

Answer:

S/n General Journal Debit Credit

a. Office supplies $36,000

Account payable $36,000

b. Work in process $22,509

Office supplies $22,509

c. Manufacturing overhead $7,550

Office supplies $7,550

d. Work in process $32,503,220

Wages payable $32,503,220

e. Manufacturing overhead $574,327

Wages payable $574,327

f. Manufacturing overhead $957,320

Utilities payable $957,320

g. Work in process $3,250,322

Manufacturing overhead $3,250,322

4 0

3 years ago

suppose that there are no crowding out effects and the mpc is .9. by how much must the government increase expenditures to shift

user100 [1]

Answer: The answer is $ 1 billion.

Explanation:

MPC stands for the marginal propensity to consume.

If MPC is 9 it implies that the multiplier is 10 i.e 1/(1-0.9). The rise in aggregate demand is equal to multiplier times change in government expenditures so to boost aggregate demand by 10 billion dollar government has to increase expenditure by Dollar 1 billion.

7 0

3 years ago

During its first year of operations, Silverman Company paid $15,085 for direct materials and $10,200 for production workers' wag

elena-s [515]

Answer:

$4,550

Explanation:

First, we need to calculate the product cost per unit

Product cost per unit = Total production costs / Units produced

= ($15,085 + $10,200 + $9,200) / 6,050 units

= $5.7 per unit

Cost of goods sold = $5.7 × 3,700 units

= $21,090

Net income = Sales - Cost of goods sold - Operating expenses

= ($8.2 × 3,700) - $21,090 - $4,700

= $30,340 - $21,090 - $4,700

= $4,550

6 0

3 years ago