Answer:
$65.85
Explanation:
Calculation for What should the offer price be
Using this formula
Offer price=(Preferred stock× Liquidating value)/Return
Let plug in the formula
Offer price = (0.054 × $100) / 0.082
Offer price=5.4/0.082
Offer price = $65.85
Therefore the offer price should be $65.85
Answer:
they provide incentives for firms to develop technologies that are less polluting.
Explanation:
Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.
Offset trading refers to a type of trading system that is typically designed for the realization of more efficient pollution control.
This ultimately implies that, it can be described as a program that allows new firms to pay existing firms to reduce their emissions below a standard.
Free market in tradable pollution permits simply means giving manufacturing companies and individuals the legal right to pollution of the environment. For example, XYZ company is purchasing the permit of 500 units of carbon dioxide (CO2) pollution annually, this simply means it is permitted to pollute the environment by 500 units of CO2 annually.
Additionally, a free market in tradable pollution permits has some sort of benefits as companies can resell their unused permits or devise a cheaper means of reducing pollution. It also compensate companies that significantly reduces its pollution of the environment.
Hence, an advantage of tradable emissions permits is that they provide incentives for firms to develop technologies that are less polluting because it would reduce the amount they would have to pay for pollution.
A checking account is what you would use to make everyday purchases, and what you usually put the majority of your check into. Savings accounts are used to save money over periods of time. A percentage of your check may go in a savings account that you don't use.
Answer and Explanation:
The computation is shown below;
For Year 1
Average inventory = (Beginning inventory + Ending inventory)÷ 2
= ($64,000 + $80,000) ÷ 2
= $72,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $606,000 ÷ 72,000
= 8.4 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 8.4
= 43.5 days
For Year 2
Average inventory = (Beginning inventory + Ending inventory) ÷ 2
= ($80,000 + $72,000) ÷ 2
= $76,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $500,800 ÷ 76,000
= 6.6 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 6.6
= 55.3 days
