A person can benefit from specialization and trade by obtaining a good at a price that is.

Before 1860, most of the U.S. population lived _____ and most workers _____ .

riadik2000 [5.3K]

Answer:

b. in rural areas; were self-employed.

Explanation:

Before 1860, most of the U.S. population lived Rural area and most workers were self-employed .

Before, 1860 or the pre civil war era most of the US rural only unlike today. The since, industrial revolutions in its fledgling stage. Most of the population was self employed.

6 0

2 years ago

Rachel's Designs has 2,000 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining

pantera1 [17]

Answer:

Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000

Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000

Description Amount

Preferred dividend in arrear for the year 2019 and 2020 $14,000

Add: Preferred dividend for the year 2021 $7,000

Total preferred dividend $21,000

Less: Total dividend $23,000

Dividend for common shareholder ($2,000)

Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000

8 0

2 years ago

Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 in his account this coming year s

mamaluj [8]

Answer:

compound interest

Explanation:

compound interest is a practice where the interest earned qualifies to earn more interest. Compound interest is offered on some savings accounts. The interest earned every year is not withdrawn but is added to the principal amount. The principal amount increases at the beginning of every period.

The act of adding interest to the principal, which results in interest earnings on interest, is known as compound interest. Accounts that offer compounding interest are preferred to simple interest accounts. A saved amount in a compound interest account will grow faster as the principal amount will increase every year.

7 0

2 years ago

The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient

OverLord2011 [107]

Answer:

Equal to

Explanation:

Financial theory assumes that financial markets are efficient and that there is no information failure in conducting financial transactions. However, this is an assumption and there could, in some instances, be asymmetric information in the form of adverse selection and moral hazards. For example, if managers of a corporation know how well or how poorly their business is doing than stockholders (as organizational performance determines the price of a security), then there would be an information failure or informational inefficency. Also, a potential investor who cannot distinguish between a firm whose security has a high potential for profit and low risks compared to that with a low potential for profit and high risk will be willing to pay a price that lies between the value of stock from bad firms and the value of stock from good firms. This will not augur well for good firms as their stock is underpriced and they will be reluctant to sell.

When the financial market is efficient, investors of stock would be able to earn supernormal returns on their investments. It is therefore neccessary that the price of a corporation's common stock should be equal to the present value estimate of the firm's expected cash flows discounted by it appropriate rate of return.

6 0

2 years ago

The U.S. corporation Fun Toys, Inc. sets up a firm in China. The parent company remains in the United States and retains complet

rosijanka [135]

Answer:

(A) A wholly owned Subsidiary

Explanation:

A wholly owned subsidiary is a company that is completely owned by another company called the Parent/Holding Company. The parent company will hold all (100%) of the subsidiary's common stock.

A wholly owned subsidiary allows the parent company to diversify, manage, and possibly reduce its risk.

Some of the disadvantages of a wholly owned subsidiary include the possibility of multiple taxation, lack of business focus, and conflicting interest between subsidiaries and the parent company if not properly managed.

7 0

2 years ago