Answer:Consumer protection laws exist to prevent dangerous or unethical business practices, such as false advertising or faulty products. For most consumer goods, the Federal Trade Commission regulates warranties and service contracts.
Explanation:
Answer:
A) 5.22 percent
Explanation:
The Pretax cost of debt is the Yield to maturity (YTM) of bond.
Using a financial calculator , you can solve for the YTM with the following inputs;
Face value ; FV = 1000
Maturity of bond; N = 15
Annual coupon payment; PMT = coupon rate * Face value = 6%*1000 = 60
Current price; PV = $1,080
then compute annual interest rate; CPT I/Y = 5.22%
Answer:
Dividend per share is 5.55.
Explanation:
Common stock has the market price = $57 per share
The total market value of the firm = $5130000
The liquidating amount of its division = $500000
Now we have to find the amount per share of the dividend, below is the calculation.
Number of outstanding shares = 5130000 / 57 = 90000
Dividend = 500000
Dividend per share = 500000 / 90000 = 5.55
The equilibrium price and quantity for llama sculptures would fall as a result of the price decrease of the porcelain sloths. Being that they are substitute goods, a fall in price of the sloths would lead to a decrease in the demand for the llama sculptures.
An equilibrium price, additionally known as a market-clearing charge, is the consumer price assigned to some product or service such that deliver and call for are equal, or close to identical. The manufacturer or vendor can promote all the devices they want to transport and the consumer can get right of entry to all the units they need to shop for.
What's equilibrium price and demand?
The equilibrium price is in which the supply of goods fits call for. when a chief index stories a duration of consolidation or sideways momentum, it may be said that the forces of deliver and call for are fantastically equal and the market is in a nation of equilibrium.
What's particular approximately an equilibrium price?
An equilibrium price is particular due to the fact it's far the only charge at which amount demanded and quantity furnished are same. it's miles the price that corresponds with the intersection of the supply and call for curves.
What's the maximum essential characteristic of the equilibrium price?
The most critical function of the equilibrium price is that it: clears the market, leaving neither a surplus nor a scarcity.
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