Answer:
The correct answer is $12,000.
Explanation:
According to the scenario, the given data are as follows:
Shares issues On Jan.1 Year 1 = 4,000 shares
Par value of shares = $50 par
Cumulative preferred stock = 6%
So, we can calculate the dividend arrearage as of January 1, Year 2 by using following formula:
Dividend as of Jan.1, year 2 = Shares issues On Jan.1 Year 1 × Par value of shares × Cumulative preferred stock
= 4,000 × $50 × 6%
= $12,000
Answer:
b. The computation of the payback period is the project's initial investment divided by the present value of its net cash flows.
Explanation:
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows
payback period decreases as cost of capital increases
A payback period of 35 means a company will recover the amount invested in a project in 35 years
Answer:
Elastic or commodity
Explanation:
In microeconomics theory this product would be an elastic product because there are a lot of them so if the price of one of them rises you can choose other kind, but in marketing theory these kind of products are called commodities because there are not a lot of differences between them.
The nominal exchange rate if the purchasing-power party holds is $1 exchanges for 40 pesos. The nominal exchange rate is defined as the number of units of the domestic currency that can be used to purchase a unit of a given foreign currency. Purchasing Power Parity, PPP, is an economic theory that uses what's called the "basket of goods approach" Basically, it creates a basket of goods that is worth the same amount of money in two or more different countries.
Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.
It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
