The outstanding share capital of Sheng Inc Includes 47,000 shares of $9.60 cumulative preferred and 82,000 common shares, all issued during the first year of operations. During its first four years of operations, the corporation declared and paid the following amounts in dividends: Year Total Dividends Declared
2018 $ 0
2019 480,000
2020 1,008,000
2021 480,000
Required: Determine the total dividends paid in each year to each class of shareholders. Also determine the total dividends paid to each class over the four years.
Answers
Year 2018: Total dividends paid to preferred shareholders = $0, Total dividends paid to common shareholders = $0.
Year 2019: Total dividends paid to preferred shareholders = $0, Total dividends paid to common shareholders = $480,000.
Year 2020: Total dividends paid to preferred shareholders = $460,800, Total dividends paid to common shareholders = $547,200.
Year 2021: Total dividends paid to preferred shareholders = $92,160, Total dividends paid to common shareholders = $387,840.
Total dividends paid to preferred shareholders over four years = $553,960.
Total dividends paid to common shareholders over four years = $1,415,040.
In 2018, no dividends were declared or paid, so the total dividends paid to both preferred and common shareholders are $0.
In 2019, the total dividends declared and paid were $480,000, and these were paid only to the common shareholders. No dividends were paid to the preferred shareholders.
In 2020, the total dividends declared and paid were $1,008,000. For the preferred shareholders, the dividends are cumulative, so the unpaid dividends from 2019 ($480,000) are paid in addition to the current year's dividends. Therefore, the total dividends paid to preferred shareholders in 2020 are $480,000 + $460,800 = $940,800. The remaining amount of $1,008,000 - $940,800 = $67,200 is paid to the common shareholders.
In 2021, the total dividends declared and paid were $480,000. For the preferred shareholders, the unpaid dividends from 2020 ($67,200) are paid in addition to the current year's dividends. Therefore, the total dividends paid to preferred shareholders in 2021 are $67,200 + $92,160 = $159,360. The remaining amount of $480,000 - $159,360 = $320,640 is paid to the common shareholders.
Over the four-year period, the total dividends paid to the preferred shareholders are $940,800 + $159,360 = $1,100,160. The total dividends paid to the common shareholders are $480,000 + $67,200 + $320,640 = $867,840.
To learn more about share capital, here
https://brainly.com/question/32538254
#SPJ4
Related Questions
What is one way to overcome imposter syndrome?
A. Use imagination and visualization to find your natural talents.
B. Remind yourself that you worked hard for the success you
achieved.
OC. Compare yourself to those who are better than you at a specific
skill.
D. Identify with members of a group who you perceive are like you.
Answers
Overcoming imposter syndrome can be challenging, but one approach is to, remind yourself that you worked hard for the success you achieved. Option B
What is Imposter syndrome i about?Imposter syndrome is a common phenomenon where an individual feels like a fraud, doubting their abilities and accomplishments despite evidence of their competence.
Acknowledge and give yourself credit for the hard work, effort, and skills you've acquired to achieve success. Recognize that everyone makes mistakes and experiences setbacks, but that doesn't diminish their abilities or accomplishments. Focus on your strengths and the value you bring to the table, rather than comparing yourself to others.
Over time, you can gradually build your confidence and self-esteem by continuously reminding yourself of your achievements and your ability to grow and learn.
Learn more about Imposter syndrome from
https://brainly.com/question/29382473
#SPJ1
What are the 3 key elements for MRP?
Answers
The three key elements for Material Requirements Planning (MRP) are: Bill of Materials (BOM), Master Production Schedule (MPS), and Inventory Records.
\BOM is a list of all raw materials and components needed to produce a finished product, MPS outlines the production schedule to meet customer demand, and Inventory Records show the available inventory levels.
By combining these three elements, MRP helps manufacturers determine when and how much raw material and components to order, ensuring that production schedules are met and inventory levels are optimized.
MRP systems use these key elements to calculate net requirements for each component, helping manufacturers to plan and manage their production processes efficiently.
For more questions like Inventory click the link below:
https://brainly.com/question/14184995
#SPJ11
Bob's insurer declared bankruptcy. It has not yet paid his $1,000 claim. Which of the following is true?
a) The Property and Casualty Insurance Guaranty Association will cover his claim.
b) Bob will have to sue the insurer in order to collect his money.
c) Bob can collect this money through the NAIC Insolvency Fund.
d) Bob will not be able to recover his $1,000.
Answers
When insureds' insurance firms go bankrupt, the Property and Casualty Insurance Guaranty Association is there to settle their claims.
What is The Property and Casualty Insurance Guaranty Association? The beneficiaries of policies issued by an insurance firm that has gone bankrupt and is no longer able to fulfil its commitments, as well as insurance policyholders, are protected by insurance guaranty groups. There are insurance guaranty groups in every state, the District of Columbia, and Puerto Rico. In the case of an insurance company's impairment or insolvency, an insurance guaranty group defends claimants and policyholders. The state insurance commissioner grants the insurance guaranty associations their authority. The Insurance Guaranty Association exists to safeguard policyholders in the event that an insurance provider goes bankrupt. Limits may apply to benefits provided to claimants and policyholders. Assessments on solvent insurers provide funding for the guaranty groups.a) His claim will be paid by the Property and Casualty Insurance Guaranty Association.When insureds' insurance firms go bankrupt, the Property and Casualty Insurance Guaranty Association is there to settle their claims.To learn more about Insurance Guaranty Association refer to:
https://brainly.com/question/20712351
#SPJ4
Mariana works in the human resources department of Seeker, makers of outdoor clothing, shoes, and accessories. Celebrity climbers and mountain bikers are regularly spotted wearing Seeker gear, but the company’s slogan—"For the Adventurer in All of Us"—is designed to appeal to the ordinary buyers who account for a large portion of revenues. Mariana has been assigned to train a group of new employees, and she intends to begin with an informative talk that includes a story about the company. Given this information, the best choice for Mariana would be an account of
Multiple Choice
the challenges one of the company’s leading executives overcame in order to live up to the company slogan, training relentlessly for weeks and months and going on to appear on a wilderness survival show
how the company’s founder and CEO turned a struggling, unprofitable firm into one of the most prominent competitors in the outdoor apparel and equipment market
a wounded veteran who got a job as a cashier at a local Seeker store and who, despite having a prosthetic arm, won the company’s annual Seeker Games
Seeker’s emerging understanding of its market and the corporate values it needs to uphold in order to maintain its position—knowledge it has gained by interviewing hundreds of ordinary people and professional adventurers of all kinds
the time when a local store manager had a problem keeping up with inventory and, after attempting to solve it on his own, took the issue to company headquarters and got the help he needed
Answers
Given the information, the best choice for Mariana would be an account of how the company’s founder and CEO turned a struggling, unprofitable firm into one of the most prominent competitors in the outdoor apparel and equipment market.
What is Seeker?
Seeker is the maker of outdoor clothing, shoes, and accessories. The company slogan is "For the Adventurer in All of Us," and it is designed to appeal to the ordinary buyers who account for a large portion of revenues. Celebrity climbers and mountain bikers are frequently seen wearing Seeker gear. Mariana works in the human resources department of Seeker.
What is the purpose of the story?
Mariana, an employee of the human resources department at Seeker, has been tasked with training new staff. The purpose of the tale Mariana will tell is to offer an informative talk that includes a story about the company. According to the context, the best choice for Mariana would be an account of how the company's founder and CEO transformed a struggling, unprofitable firm into one of the most prominent competitors in the outdoor apparel and equipment market.
Learn more about market here:
https://brainly.com/question/15483550
#SPJ11
In the Office of Graduate Studies, GAs are allowed to wear the following?
A.torn jeans with university polo
B.pajamas
C.work out clothes
D.business casual attire
Answers
Answer:
business casual attire
What are the different packaging materials used in petit four?
Answers
Help me ITs EASY TAKE A LOOK
Answers
Answer:
a) Employees (Staff)
Chief Executive officer (Owner)
b) Government
Share holders
Which of the following types of work would a company be most likely to preform through outsourcing?
A) Long- term work that requires close supervision
B) A consistent, predictable amount of work
C) Important tasks that the company wants control over
D) Specialized work that doesn’t require much supervision
Answers
Answer:
The answer is D.
Explanation:
Got it right on edg
The following types of work would a company be most likely to preform through outsourcing: Specialized work that doesn’t require much supervision. Thus option (D) is correct.
What is a company?A company is a legal entity formed by a group of people, known as shareholders, to conduct business. It is a separate legal entity from its owners, which means that it can enter into contracts, sue or be sued, and own property in its own name.
The primary goal of a company is to generate profits for its owners, but it can also have other objectives such as providing goods and services to customers, creating jobs, and contributing to the community.
The specialized work that doesn’t require much supervision would a company be most likely to preform through outsourcing. Therefore, option (D) is correct.
Learn more about a company here:
https://brainly.com/question/29733060
#SPJ6
the __________ concept says that every accounting transaction has two sides that must be recorded.
Answers
The fundamental accounting concept of double-entry bookkeeping concept says that every accounting transaction has two sides that must be recorded.
This concept says that every accounting transaction has two sides, known as debit and credit, which must be recorded to maintain the balance in the books.
In other words, every transaction affects at least two accounts, with one account debited and the other credited, and the total debits must equal total credits.
This helps ensure the accuracy and completeness of financial records and allows for the preparation of financial statements such as the balance sheet and income statement. Overall a very useful concept in the entire book keeping industry and course curriculum
Know more about income statement here:
https://brainly.com/question/14890247
#SPJ11
_____ are stories about a person’s life written by that individual.
Directories
Biographies
Autobiographies
Encyclopedias
Answers
Biographies is a book written by the individual
Hope this helps *smiles*
Answer: Autobiography
Example: The person above has to be a troll fr
your next goal is to purchase a new car that costs $19,900 and has an interest rate of 4.9%. if the car is financed over 5 years, what will the monthly payment be? (round to the nearest)
Answers
The cost is $374.67 per month if the automobile is financed for 5 years.
What does interest rate actually mean?A rate of interest tells you how expensive borrowing is or how advantageous saving is. As a result, the amount you pay for borrowing money, stated as a percentage of the entire loan amount, is the interest rate if you are a borrower. When the Fed increases interest rates, the market's price of existing bonds immediately declines. This is because new bonds will soon be issued that will offer investors higher interest rates.
Monthly Car Payment = \(P(\frac{r}{12} /1-(1+\frac{r}{12}) ^{-m})\)
Here, P = $19,900
r = 4.9%
m = 60 months
Therefore, Monthly Payment = 19,900 \((0.049/12)/(1-(1+0.049/12)^{-60}\)
Solving, the above equation we get
Monthly Payment =$ \($81.25/(1-(1+0.049/12)-^{-60} )\)
=$374.67 per month
To learn more about the monthly payments, click
https://brainly.com/question/14064255
#SPJ4
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
To learn more about Stocks follow the link.
https://brainly.com/question/14649952
#SPJ2
what are the goods and tools that are used to make products?
Capital
Labor
Synthetic resources
None of the above
Answers
The goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods. The correct option is (A).
What is capital?The total amount of financial resources needed to produce goods or services is referred to as capital in the business world. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.
Buildings, machinery, equipment, vehicles, and tools are examples of capital goods.
The inputs required to create a good or service in order to generate revenue are known as the elements of production. Land, labor, capital, and entrepreneurship are the four components of production according to economists.
Therefore, the goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods.
To know more about the capital, visit:
https://brainly.com/question/29052534
#SPJ1
what is the penalty for filing taxes late if you are owed a refund
Answers
Answer:
There is no penalty for filing after the deadline if a refund is due.
Which of the following is the order in which accounts are listed on the trial balance? Multiple Choice owner's equity revenues, expenses, assets, labies expenses, revenues, owner's equity, lablities, assets revenues, expenses, assets, abilities, owner's equity assets, labilities, owner's equity, revenues, expenses.
Answers
The correct order in which accounts are listed on the trial balance is assets, liabilities, owner's equity, revenues, expenses. Therefore, option D is the correct answer.
The trial balance is a statement that lists all the accounts and their balances to ensure that the total debits equal the total credits. The order of accounts on the trial balance follows the general accounting equation, which is Assets = Liabilities + Owner's Equity.
Revenues and expenses are part of the owner's equity section. Assets are listed first on the trial balance because they represent the resources owned by the company. Liabilities come next as they represent the company's obligations or debts.
Owner's equity follows, representing the owner's claims on the company's assets. Revenues are then listed as they contribute to increasing the owner's equity, followed by expenses, which decrease the owner's equity.
Therefore, option D is the correct order for the accounts on the trial balance. It aligns with the fundamental accounting equation and reflects the flow of financial information from assets and liabilities to owner's equity, revenues, and expenses.
To know more about trial balance refer here:
https://brainly.com/question/28541140#
#SPJ11
Complete Question:
Which of the following is the order in which accounts are listed on the trial balance?
Multiple Choice
A. owner's equity revenues, expenses, assets, liabilities
B. expenses, revenues, owner's equity, liabilities, assets
C. revenues, expenses, assets, abilities, owner's equity
D. assets, liabilities, owner's equity, revenues, expenses.
how does a restructuring usually affect employees in the short term? ( ch. 15 end ) group of answer choices trust will decline quite a bit. task performance will increase. stress levels will remain unchanged. learning will increase greatly. confusion will decline slightly.
Answers
A restructuring usually affects employees in the short term by creating uncertainty and fear about job security and the future of the company. Employees may experience anxiety and stress as they worry about their role in the new structure and whether they will still have a job.
Trust may decline as employees question the motives and decisions of management, leading to a lack of morale and decreased motivation. However, task performance may increase as employees may feel pressure to prove their worth and secure their position in the new structure.
Learning may increase greatly as employees adapt to new roles and responsibilities, while confusion may decline slightly as employees become more familiar with the new structure.
Ultimately, the impact of a restructuring on employees in the short term can vary greatly depending on the communication and support provided by management, the extent of the changes, and the overall culture of the organization.
To know more about restructuring, refer to the link:
https://brainly.com/question/28153769#
#SPJ11
Now that you understand what investments are, you will search for three image examples that represent investments. You may choose to select images that represent the key concepts of investments, or examples of different types of
investments. In a short paragraph, explain why each of your selected images is an appropriate representation. Be sure
to follow proper image use and citation guidelines; click here for a quick review on these guidelines. In a second
paragraph, discuss the sources of each of your images and why they are reputable.
Answers
There are three main types of investments: Ownership, Lending, or cash. Ownership investments are the most volatile and profitable class of investment. Such as owning stock meaning owning a portion of a company. It may be a minuscule stake, but it's ownership. More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both. Lending money is a category of investing. The risks generally are lower than for many investments and, consequently, the rewards are relatively modest. A bond issued by a company or a government will pay a set amount of interest over a set period of time. The only real risk is that the company or government will go bankrupt, in which case the bondholder may get little or none of the investment back. A regular savings account is an investment. The investor is essentially lending money to the bank. The bank will pay interest to the account holder and will earn its profit by loaning out the rest of the money to businesses at a higher rate of interest. These are investments are "as good as cash," which means that they can be converted back to cash easily and quickly. Money market funds are more liquid than other investments, meaning you can write checks out of money market accounts just as you would with a checking account. Although, once you start writing checks on it you've erased much of its value as an investment.
Plenty of $1,000 credit limit credit cards for bad credit offer guaranteed approval — though each card may have other requirements you must meet before you can add them to your wallet.
Answers
Spending $3,000 during the first three months of your account creation is the most typical credit card requirement.
How can I apply for a credit card with a $1,000 credit limit?If your credit is fair to good, a $1,000 credit limit is a smart idea because it is significantly higher than the lowest available limits while still being far lower than the highest.Therefore, while opening an account, you must pay a $1,000 security deposit if you want a credit card with a $1,000 credit limit. Until you end the account on your card in good standing, the bank will hold onto your deposit. You will then be sent a cheque for the entire amount of your deposit.
To know more about credit card visit:
https://brainly.com/question/27350251
#SPJ4
8300 dollars is placed in an account with an annual interest rate of 6. 5%. How much will be in the account after 14 years, to the nearest cent?.
Answers
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
The interest is the amount that is paid by the party at the annual rate of interest for a given period on the principal amount.
Computation for Amount after 14 yearsThe interest (I) added to the amount is given as:
\(I=\dfrac{P\;\times\;R\;\times\;T}{100}\)
The given principal amount, \(P=8300\;\\)
The rate of interest is, \(R=6.5\;\%\)
The time for the interest is, \(T=14\;\rm years\)
Substituting the values for the interest,
\(I=\dfrac{8300\;\times\;6.5\;\times\;14}{100}\\ I=7553\; \\)
The amount of interest added to the base amount after 14 years is, $7553.
The total amount in the account after 14 years is:
\(\rm Total\;amount=Principal\;amount\;+\;Interest\\\\Total\;amount=8300\;+\;7553\;\$ \\\\Total amount=15,853\;\\)
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
Learn more about simple interests, here:
https://brainly.com/question/2793278
The following statement is a good example of what part of a career plan? "I will use public educational resources such as materials at the public library and free online courses from reputable educational institutions to constantly improve my knowledge and understanding of my chosen field of business."
O A. Identifying strategies
O B. Naming objectives
O c. Setting goals
0 D. Entrepreneurship
Answers
The following statement is a good example of what part of a career plan is Identifying strategies. Here A is appropriate. Public Educational Resources is the material.
What is the meaning of Public Educational Resources?Learning, teaching, and studying the material in any format or medium that is in the public domain or is protected by copyright and published under an open license, allowing free access, re-use, re-purpose, adaption, and redistribution by others, are known as Public educational resources (OER).
Public Educational Resources, Articles, seminars, workshops, case studies, and other teaching materials Forum chatting, Elluminate/Collaborate, virtual meetings, etc. are examples of collaboration tools. Simulations, software, online laboratories, research projects, etc. are examples of practice materials.
Hence, option A is correct.
Learn more about the Public Educational Resources here:
https://brainly.com/question/13984143
#SPJ5
Which of these is NOT a concern for consumers in times of inflation?
a.They cannot anticipate the cost of goods and services.
b.They lose money on their investments and savings.
c.They are at a disadvantage when paying back borrowed money.
d.They struggle when they are on a fixed income.
Answers
Answer: D
Explanation:
At age 45 when the deferred payments from his current contract ends, all-star shortstop Alex Rodriguez plans to have $175 million in savings from his baseball playing days. He wants two things from his savings: a 40-year ordinary annuity and $200 million at age 55 in order to purchase majority ownership in his native Miami’s Florida Marlins. How large can his annual annuity payment be based on this information and assuming his savings can earn 8% annually after age 45?
Answers
Alex Rodriguez can receive an annual annuity payment of $5,392,841.89 from his savings in order to meet his financial goals.
To determine the annual annuity payment that Alex Rodriguez can receive from his savings, we can use the present value formula for an ordinary annuity:
PV = A * [(1 - (1+r)^-n)/r]
where PV is the present value, A is the annual annuity payment, r is the interest rate, and n is the number of periods.
In this case, we know that Alex Rodriguez wants a 40-year annuity, and his savings will earn 8% annually after age 45. We also know that he wants to have $175 million in savings at age 45, and that he wants to have $200 million at age 55 in order to purchase majority ownership in the Florida Marlins.
To calculate the present value of the annuity, we can use the following formula:
PV = A * [(1 - (1+r)^-n)/r]
PV = A * [(1 - (1+0.08)^-40)/0.08]
PV = A * 16.292
To calculate the present value of the $200 million lump sum, we can use the following formula:
PV = FV / (1+r)^n
PV = 200,000,000 / (1+0.08)^10
PV = 87,142,857.14
Adding these two present values together, we get:
PV total = PV annuity + PV lump sum
PV total = A * 16.292 + 87,142,857.14
Since we know that PV total is equal to $175 million, we can set the equation equal to that amount and solve for A:
$175,000,000 = A * 16.292 + $87,142,857.14
$87,857,142.86 = A * 16.292
A = $5,392,841.89
For more such questions on annual annuity visit:
https://brainly.com/question/14908942
#SPJ11
How much does it cost to play 18 holes at augusta national.
Answers
Answer:
$21 to $27
Explanation:
That how much it is
in a one way anova, there are four treatments and six observations in each treatment. what are the degrees of freedom for the f distribution?
Answers
The degrees of freedom for the F distribution would be 3 for the numerator and 20 for the denominator. This would be denoted as (3, 20) degrees of freedom for the F distribution in the context of this one-way ANOVA.
Degrees of freedom for the numerator (between-group variation): Number of treatments minus 1 = 4 - 1 = 3
Degrees of freedom for the denominator (within-group variation): Total number of observations minus the number of treatments = (Number of observations per treatment) multiplied by (Number of treatments) - Number of treatments = (6 x 4) - 4 = 24 - 4 = 20
To know more about one-way ANOVA refer here :-
https://brainly.com/question/23638404#
#SPJ11
Regional economic group is defined as ________.
i. an agreement among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers to the free flow of goods, services and factors of production between each other
ii. an agreement among companies in a geographic region to reduce and ultimately remove tariff and nontariff barriers to the free flow of goods, services and factors of production between each other
iii. an agreement among countries in a geographic region to increase tariff and nontariff barriers to the free flow of goods, services and factors of production between each other
iv. an agreement among countries in a geographic region to increase tariff and nontariff barriers to the free flow of goods, services and factors of production with nonmember countries
Answers
The answer is Regional economic integration
If the central bank sells government securities from the private sector-money markets, other things being equal, what would the effect be on the following? (a) The economy's monetary base (b) Short-term money market interest rates (c) Aggregate demand (d) economic activity
Answers
When the central bank sells government securities from the private sector money markets, it affects the following in different ways:(a) The economy's monetary base: The central bank uses its open market operations to increase or decrease the monetary base. If the central bank sells government securities, then it is decreasing the monetary base, since these securities represent part of the base.
Other things being equal, a reduction in the monetary base leads to a decrease in the money supply. This in turn leads to a decrease in the aggregate demand, as there is less money to spend, and hence a reduction in economic activity.(b) Short-term money market interest rates: When the central bank sells government securities, it reduces the money supply, and this puts upward pressure on interest rates in the short-term money market. Hence, other things being equal,
the sale of government securities by the central bank leads to an increase in short-term money market interest rates.(c) Aggregate demand: Aggregate demand is affected by changes in the money supply. When the central bank sells government securities, it is reducing the money supply.
A reduction in the money supply leads to a decrease in aggregate demand since there is less money to spend.(d) Economic activity: Economic activity is affected by changes in aggregate demand. When there is less aggregate demand due to a decrease in the money supply, then there is less economic activity. Hence, other things being equal, the sale of government securities by the central bank leads to a decrease in economic activity.More than 100 words
To know more about government visit:
https://brainly.com/question/4160287
#SPJ11
if the cross price elasticity of demand between two goods is negative, then the two goods are independent. complements. unrelated. substitutes.
Answers
If the cross price elasticity of demand between two goods is negative, it indicates that the two goods are complements, meaning an increase in the price of one good leads to a decrease in the demand for the other.
The cross price elasticity of demand measures the responsiveness of the quantity demanded of one good to a change in the price of another good. If the cross price elasticity of demand is negative, it indicates that the two goods are complements.
Complementary goods are products that are typically consumed together or used in conjunction with each other. For example, coffee and creamer, or smartphones and mobile data plans. When the price of one complement rises, consumers tend to reduce their demand for that particular good. Consequently, this decrease in demand for one product leads to a decrease in the demand for the complementary good as well.
The negative cross price elasticity reflects the inverse relationship between the prices and quantities demanded of the two goods. As the price of one complement increases, consumers may find it less affordable or less attractive, resulting in a decrease in the quantity demanded of that good and, subsequently, a decrease in the quantity demanded of its complementary good.
Understanding the cross price elasticity of demand is crucial for businesses to determine the impact of price changes on the demand for their products and the potential effect on related goods in the market.
To know more about demand, visit:
https://brainly.com/question/30614099
#SPJ11
the main units of local government.
Answers
Answer:
There are four main types of local government- counties, municipalities (cities and town), special districts, and school districts. Counties are the largest units of local government, numbering about 8,000 nationwide. They provide many of the same services provided by cities.
Explanation:
Assessment
Yena is 38 years old, has average financial health, an intermediate time horizon, and an
average risk tolerance. Which asset allocation would you recommend?
Answers
The asset allocation recommended for Yena are stocks, bonds, and cash and cash equivalents.
It is given that Yena is 38 years old, has average financial health, an intermediate time horizon, and an average risk tolerance. The asset allocation recommended for Yena are:
1. Stocks: 60-70% - Since Yena has an intermediate time horizon and an average risk tolerance, allocating a majority of her portfolio to stocks can help her achieve potential capital growth over time.
2. Bonds: 20-30% - To balance out the risk from stocks, including a moderate portion of bonds can provide income and stability to Yena's portfolio.
3. Cash and cash equivalents: 5-10% - Keeping a small portion in cash or cash equivalents allows Yena to have liquidity and serves as an emergency fund for unexpected expenses.
This asset allocation aims to provide a balanced approach for Yena's investment portfolio, considering her age, financial health, time horizon, and risk tolerance. It's important for Yena to regularly review and adjust her portfolio as needed to stay aligned with her financial goals and changing circumstances.
Learn more about Asset allocation:
https://brainly.com/question/26440174
#SPJ11
Which criteria would be the ranked most important when an organization is choosing off-the-shelf software