I would say that Cesar made a stereotypical assumption about a teenage driver based not on the facts but on a stereotypical characterization of a person with such an age as a teenager so this is shooting from the hip and could be quite wrong ie the teenager could actually be a careful driver but perhaps timid or nevous if a new driver and that could make him/her look reckless.
Oscar's fixed costs of production is $3,000
Answer:
contribution margin ratio
Explanation:
contribution margin ratio = price - variable cost
Answer:
The answer is $115.38
Explanation:
Solution
Given that
The annual dividend on preferred stock = $7.50
Required return on preferred stock+= 6.5%
The next step is to find at what price should the preferred stock sell which is given as follows:
The rice of preferred stock = 7.50/6.5%
= $115.38
$115.38 is the price at which the stock preferred was sold.
Answer:
Initial capital $200,000
Period 5 years
interest rate 5%
Interest year 1 $10,000.00
Interest year 2 $10,500.00
Interest year 3 $11,025.00
Interest year 4 $11,576.25
Interest year 5 $12,155.06
Future Value= $255256.31
See the image attached
