Answer:
Current Yield = 0.05882 or 5.882% rounded off to 5.88%
Explanation:
A current yield refers to the annual return that a security provides based on the interest or dividend payments it makes expressed as a percentage of it current price. Thus, the current yield on preferred stock can be calculated as follow,
Current Yield - Preferred stock = Dividend per year / Current price
Dividend per year = 100 * 0.06 = $6 per year
Current Yield = 6 / 102
Current Yield = 0.05882 or 5.882% rounded off to 5.88%
Answer:
0.8; 0.2; $360; 90%; 10%
Explanation:
Linear equation for consumption is as follows:
C = 40 + 0.8Y
suppose that income (Y) = $400
MPC = 0.8
Marginal propensity to save = 1 - Marginal propensity to consume
MPS = 1 - 0.8
= 0.2
C = 40 + 0.8Y
C = 40 + 0.8 × 400
= $360
Therefore, consumption is $360.
Average propensity to consume (
APC):
= Consumption ÷ Income level
= 360 ÷ 400
= 0.9
= 90%
We know that income is either consumed or saved, therefore,
Y = C + S
$400 = $360 + S
S = $40
Average propensity to save (
APS):
= Savings ÷ Income level
= 40 ÷ 400
= 0.1
= 10%
Answer:
$ 8.33
Explanation:
Rate of dollars to yen
120 yen is to 1 dollars
1000 yen will be to 1000 yen × 1 dollars / 120 = $ 8.33
Answer: B
Explanation: The economic growth theory that predicts convergence of developing countries with developed countries is known as the Neoclassical Growth Theory developed by Robert Solow.
One of the conclusions of the Neoclsssical Growth Model is that because capital is scarce in developing countries, it would have a high marginal productivity and higher rates of savings would result. Hence the growth rates of developing countries should exceed that of developed countries.
Because of the higher growth rate of developing countries, there ought to be a convergence between the per capita income of developing countries and developed countries.
I hope my answer helps.
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Answer:
the increase in the total operating income is $33,750,000
Explanation:
The calculation of the increase in the total operating income is given below:
= Material units × (outside supplier unit - variable cost per unit)
=75,000 units × ($1,350 - $900)
= $33,750,000
Hence, the increase in the total operating income is $33,750,000
We simply applied the above formula so that the correct amount could come
And, the same is relevant
