A cycle or series of cycles of economic expansion and contraction.
Answer: $11564
Explanation:
Total units consumed for August = 96000
There's a peak demand of 624kw
Also, the May through October is 4.5 cents per kilowatt-hour for energy.
The August electric bill will then be:
= 96000 × 4.5/100 + 624 × 11.50 + 68
= (96000 × 0.045) + (624 × 11.50) + 68
= 4320 + 7176 + 68
= 11564
Answer:
Eric's opportunity cost of typing pages is <u>$25</u> per page.
Based on all of these facts, <u>Deborah</u> has a comparative advantage in typing pages.
Explanation:
Eric's opportunity cost of typing is $500 / 20 pages = $25 per page.
Since's Deborah's opportunity cost of typing pages is 20% less than Eric's, then she has a comparative advantage in typing pages.
The person, business or country with the lowest opportunity cost has the comparative advantage in producing that good.
Answer:
10.03%
Explanation:
Using the dividend discount formula, find the cost of equity; r
whereby,
D1 = Next year's dividend = 5.29
P0 = Current price of the stock = 79.83
g = growth rate of dividends = 3.40% or 0.034 as a decimal
Next, plug in the numbers to the formula above;
As a percentage, r = 10.03%
Therefore, the company's cost of equity is 10.03%
Answer:
a. Rao indorses his payroll check in blank.
Explanation:
There are many types of indorsements, and out of them one is "Trust Indorsement"
Trust Indorsement is an indorsement to a person who can use the funds for the benefit of the indorser.
Example:
Brian indorses a check to his employee Denny "Payable to Denny, as agent for Brian", This is an example of trust indorsment.
Option b and c are clearly examples of trust indorsements in which you can notice that Rao has indorsed his lawyer and accountant "as agent for Rao".
Whereas, option a is NOT a trust indorsment but rather a "Blank Indorsement"
Blank Indorsment is an indorsement that doesn't have any particular indorsee and only has a signature on it.
