Urban areas usually require one transits every 1/4 mile as its bare minimum (which is around 4 stops in one mile). This large amount exist because in urban areas such as new york , most of the people actually do not own a personal vehicles and public transportation are their main method of travel.

8 0

4 years ago

For a competitive market, A. a seller can always increase her profit by raising the price of her product. B. a seller often char

PtichkaEL [24]

Answer: For a competitive market, if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

Explanation:

A perfectly competitive market has the following characteristics:

(a). In this particular market there are many buyers and sellers.

(b). Also each company makes similar product. i.e. the products are identical in nature.

(c). In this market buyers and sellers will have access to perfect information about price. and product.

(d). In a competitive market there are no barriers to entry into or exit from the market.

Therefore , if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

3 0

4 years ago

Pearson Motors has a target capital structure of 30% debt and 70% common equity, with no preferred stock. The yield to maturity

serg [7]

Answer: 14%

Explanation: The average rate expected by all of the security holders of a company in return of investing in it is called WACC.

formula to compute WACC :-

$WACC= \left ( weight\:of\:debt\times cost\:of\:debt \right )+\:\left ( weight\:of\:equity\times cost\:of\:equity \right )$

$12.5\%= \left ( 30\%\times 9\% )+\:\left ( 70\%\times cost\:of\:equity \right )$

so,

cost of equity = 14 %

6 0

4 years ago