Answer:
Subordinated debentures - Ranks the lowest in terms of priority with regards to claim on assets, is the riskiest of all. Higher the risk, higher would be the return offered on the bond.
Debentures - These bonds are those which are not backed by any collateral. Issued by both corporations as well as governments, debentures are backed only by the general creditworthiness and reputation of the issuer.
Senior Mortgage Bonds - 'Senior' means they rank high in terms of claims on assets and 'Mortgage' implies they are backed by collateral.
Answer:
There are no barriers to entry.
5. Both buyers and sellers are price takers
.7. Firms’ products are identical.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopoly is when there's only one firm operating in an industry.
I hope my answer helps you
Answer:
e. 225,000 materials; 195,000 conversion.
Explanation:
direct materials
beginning WIP inventory = 0%*50000
= 0
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*100%
= 75000
equivalent units = 0 + 150000 + 75000
= 225000
conversion
beginning WIP inventory = 50000*60%
= 30000
started and completed = 150000*100%
= 150000
ending WIP inventory = 75000*20%
= 15000
equivalent units = 30000 + 150000 + 15000
= 195000
Therefore, The equivalent units for direct materials and conversion respectively for May is $225,000 and $195,000 respectively.
Answer:
Lesser and fell relative to other currencies
Explanation:
This phenomenon is usually termed "Currency depreciation" a fall in the value of a currency in a floating exchange rate system.
The depreciation in 2016 occurred due to factors such as monetary policy, political instability and high inflation.
Amazon's global revenue was 135.99 billion US dollars in 2016, comparing the foreign exchange value in local currencies at that time will give a lesser value now.
Answer:
Partnership Business
Explanation:
Partnership business is a business enterprise owned, managed and financed by a minimum of two individuals for the purpose of making profit.
Grub Galore is owned by Bob and Rob which makes it a partnership business.
Advantages
1) Profit is shared by partners only.
2) It is financed by more than one person which makes capital more available.
3) Decision making is faster company to limited liability companies
Disadvantages
1) Loss is shared among partners only.
2) Death of one partner might lead to the end of the business.
3) Disagreement between partners might end the business.
