The total return for last year after considering that you bought a share of 4.5% preferred stock for $105.35 is 2.21%
Dividend = $100 * 4.5% preferred stock shares
Dividend = $100*4.5%
Dividend = $4.5
Total return = (End value - Beginning value + Dividend) / Beginning value
Total return = ($103.18 - $105.35 + 4.5) / $105.35
Total return = $2.33 / $105.35
Total return = 0.0221167537
Total return = 2.21%
Hence, the total return for last year after considering that you bought a share of 4.5% preferred stock for $105.35 is 2.21%
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Answer:
1,560,000 BEP in dollars
Explanation:
increase of 10% variable cost
100 + 10% of 100 = 110
Increase in fixed cost for 4%
840,000 + 4% of 840,000 = 873,600
220 - 110 = 140 new contribution margin
New contribution margin ratio
140/250 = 0.56
New break even point
873,600/ 0.56 = 1,560,000 BEP in dollars
Answer: False
Explanation:
Goods produced abroad and sold domestically are called Imports and goods produced domestically to be sold abroad are called Exports. Imports and Exports form the basis of trade with other countries and ensure the flow of goods and services across the world.
Imports provide a nation with a wider variety of goods and services usually at a lower price whilst Exports give a country to chance to sell its goods and services outside the country which gives it access to a larger market.
A tax on suppliers will cause the equilibrium price paid by the consumer to increase and the equilibrium quantity to decrease. The tax would basically make the supplier decide to increase the price of their product. In effect, the consumer would have to pay a higher <span>price because of this incident. Since the price to be paid by the consumer would increase, the equilibrium quantity would eventually increase because the amount to be paid by the consumer is already fixed. When the price per unit would increase, the number of units that can be bought with the specified amount of money will eventually decrease.</span>
Answer:
2.35
Explanation:
The computation of the money multiplier for the M1 is shown below:
As we know that
Money supply(M1) = Currency in circulation + Checkable deposits
M1 money supply is = $500 billion + $700 billion
= $1,200 billion
Now the M1 money multiplier is
We know that
Money multiplier = Money supply ÷ Monetary base
where,
Monetary base = Currency in circulation + Bank excess reserves
= $500 billion + $10 billion
= $510 billion
We know that,
Money multiplier = Money supply ÷ Monetary base
= $1,200 ÷ $510
= 2.35
