Answer:
C. Yes. If repair rates are higher for planes that have been resold, this would be an indication of a lemons problem
Explanation:
Lemons problem is an issue of quality of product, asset, investment : due to asymetric information about the respective quality.
Asymetric Information is when one one party in transaction has more knowledge about the quality of product or asset, than the other party.
Second hand goods are an illustration of this case, as seller has more information about the real quality of good or asset than buyer.
Lemon's problem in single engines airplanes : can be analysed by concept of second hand goods 'asymetric information, lemons problem' it. If the 2nd hand resold planes require higher repairs, it indicates that the buyer had asymetric information about bad quality of planes ( the information which seller had), but realisation of bad quality later implies higher repairs.
Answer:
Investors use income statements to determine the profitability of a company over time. ... This is the amount that a company would pay shareholders, per share, if the company paid out all of its net income as dividends.
Explanation:
Answer:
Share Authorized = 100,000 Shares
Share issued = 70,000
Share outstanding = 66,000 shares
Explanation:
Data provided in the question:
Number of shares Gagne Corporation allows the issuance = 100,000 shares
Number of shares Gagne sold to shareholders = 70,000
Number of shares reacquired by Gagne = 4,000
Now,
Share Authorized = Number of shares Gagne Corporation allows the issuance
= 100,000 Shares
Share issued = Number of shares Gagne sold to shareholders
= 70,000
Share outstanding = Shares issued - Number of shares reacquired
= 70,000 - 4,000
= 66,000 shares
It has a microchip built into it that you would insert into a machine instead of swiping it.
