Answer:
Gordon's Pretax return is 13.015%
Explanation:
Dividend yield of Gordon =2.9% =0.029
Tax rate = 35% =0.35
Gordon's after-tax return = Gecko's after-tax return =12
% (This is because the capital gains tax is zero)
Using the formulae
After-tax return of Gordon= Capital gains yield + Dividend yield x (1-tax rate)
0.12 = Capital gains yield + (0.029 x ( 1 - 0.35)
0.12 = Capital gains yield + (0.029 X 0.65)
0.12 = Capital gains yield + 0.01885
Capital gains yield= 0.12 -0.01885 =0.101155
Pretax return is given as
Capital gains yield + Dividend yield
= 0.101155+ 0.029 =0.13015 x 100=13.015%
Therefore, Gordon's Pretax return is 13.015%
Answer: An individual cartel member has an economic incentive to sell more than its quota, thus cheating on the cartel agreement. However, if all cartel members sell more than their quotas, the cartel price will fall, and profits will vanish
Explanation: A cartel is defined as group of businesses or nations that collude to limit competition within an industry or market. Thus, a major purpose of a cartel is to drive up price and profits thus restricting market output. This restriction however, requires cartel members to sell no more than their given quotas which provides individual cartel member with economic incentives to sell more than its quota resulting in cheating and a breach of cartel agreement. This leads to a fall in cartel price and vanishing profits should all members sell above their quotas which is a direct contradiction to the purpose of cartels.
The statement above is false. Local content requirements (LCRs) are strategy measures that regularly require a specific level of middle of the road merchandise utilized as a part of the generation procedures to be sourced from household manufacturers.4 Local substance pre requisites in sustainable power source arrangement fill in as either a precondition to getting government bolster
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Answer:
Net cash provided by financing activities $1,195,000
Explanation:
The computation of the net cash provided by financing activities are as follows:
Cash flows from financing activities
Issue bonds $2,090,000
Issue preferred stock $795,000
Less: Purchase of treasury stock -$1,180,000
Less: Dividend paid to preferred stockholders -$510,000
Net cash provided by financing activities $1,195,000
