A competitive market is in long-run equilibrium. if demand decreases, we can be certain that price will

Coy, Inc. initially issued 200,000 shares of $1 par stock for $1,000,000 in 2016. In 2017, the company repurchased 20,000 shares for $400,000. In 2018, 10,000 of the repurchased shares were resold for $160,000.

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 percent, and the cost of debt is 10 percent. The relevant tax rate is 30 percent.

When studying finance or economics, the cost of a decision is also known as a (n) O personal cost. O financial cost. long-term cost. O opportunity cost.

Transferable skills necessary for successful employment include

McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3Cash flows - $1,150 $500 $500 $500a. 1.86 yearsb. 2.07 yearsc. 2.30 yearsd. 2.53 yearse. 2.78 years

Shot-term financial goals include saving for

The current sections of Sandhill Co.'s balance sheets at December 31, 2021 and 2022, are presented here. Sandhill Co's net income for 2022 was $137,700. Depreciation expense was $24,300.

Vincent Corporation has 92,000 share of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 3% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $118 a share on June 30.

In the circular flow model of the market system, households' major role is to Multiple Choice buy both products and resources. sell both products and resources. buy products and sell resources. sell products and buy resources.

Lucia Ltd. reported net income of $135,000 for the year ended December 31, 2016. January 1 balances in accounts receivable and accounts payable were $29,000 and $26,000, respectively.