Answer:
The correct answer is D. not able to be calculated from the information given.
Explanation:
The consumer surplus is the gap between the maximum price that the consumer is willing to pay and the price the consumer actually pay.
So, in this case, to get consumer surplus , we have to know the price that Mister Smith was willing to pay and the price he actually paid. We only have the price he paid and we don't know how much he was willing to pay.
Then , we are not able to calculate consumer surplus with the information given.
Clear Button
(I believe)
H0P3 It H3LPS :)<span />
Answer:
b. technician b
Explanation:
Worm gear is the arrangement of gear like a worm in the vehicle. It has rack and pinion steering system. This setup provides smooth drive experience to the drivers. The excessive freeplay in such a setup is found in bushings.
Answer:
a. $19,800
Explanation:
The computation of the correct cash balance is shown below:
= Balance per bank statement + Deposit in transit - Outstanding checks
= $18,650 + $3,900 - $2,750
= $19,800
We simply added the deposits and deducted the outstanding checks to the bank balance so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
A bondholder can sell the bonds he is holding at the current market price.
Explanation:
When it occurs that bonds are called, there will no longer be interest payments on the bonds called. A bondholders then has the option to either sell the bonds he is holding at the current market price or the bonds can be tendered to receive the call price.
In addition, it is also not possible to exchange the old bonds for the new refunding bonds. By implication, any investor that needs the new bonds needs to go and buy it in the market.
Based on the explanation above, it simply means that a bondholder can sell the bonds he is holding at the current market price.