Answer:
D. always makes an economic profit
Explanation:
A monopolistically competitive markets consists of firms that sell differentiated products. In the market, there are free entry and free exist, but each firm enjoys a kind of monopoly its products which are the same to other products in the market but are different as a result of branding.
In the short run, the monopoly enjoys on the differentiated product enables the monopolistically competitive firm to make an economic profit. But due to free entry and exist in the market, the firm economic profit will be zero while it only make normal profit.
Depending on the type of job, it may or may not be acceptable for employees to wear nail polish to work especially if its unethical.
<h3>What is Formal Dressing ?</h3>
Formal dressing describes the appropriate way to dress for different occasions. This implies that you must dress according to the requirements of occasion you want to attend or according to your job requirement.
Employees must strive to dress properly as permissible by the code of conduct of the working environment.
Learn more about Proper dressing at brainly.com/question/27837116
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Answer:
A) 0.0618
Explanation:
Variance is given by:
Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.
The mean investment return is:
The variance is:
The variance of the returns on this investment is A) 0.0618.
Answer: d. offer managers a more realistic comparison of budgeted and actual revenue and cost items under their control.
Explanation: A flexible budget is a budget that is flexible, in that it changes with changes in volume or activity. It reflects the expenditure appropriate to various levels of output and offers managers a more realistic comparison of budgeted and actual revenue and expenditure under their control that is applicable for that particular level of activity attained or achieved. As such it is far more useful and sophisticated than the static budget (whose budget amounts do not change) prepared before the fiscal period began when the production/activity level was uncertain.
Answer:
Basic earnings per share of common stock for the year were 272 cents
Explanation:
Basic earnings per share = Earnings Attributable to Shareholders of Common Stock/Weighted Average Number of Common Stock in Issue during the year
<u>Calculation of Earnings Attributable to Shareholders of Common Stock :</u>
Net income for the year $240,000
Preference Dividends on Preferred Stock (12,000× $50×6%) ($36,000)
Earnings Attributable to Shareholders of Common Stock $204,000
Therefore Basic earnings per share = $ 204,000/ 75,000 shares of common stock
= 272 cents
