Answer:
A. True
Explanation:
For her it is a specialty good because it not sold everywhere, therefore she makes the extra effort.
<span>David's mother is killed in an automobile accident. What type of insurance would provide his family financial support to cover the paid and unpaid work his mother performed?
</span>
Life Insurance
Answer:
This question is incomplete since the required return is not pasted here. I checked on the web and found similar question with the firm's required rate of return is 18 percent. You can use this to solve the question as follows.
Explanation:
Use Dividend Discount Model (DDM) to find the intrinsic value of the stock.
Find the present value of dividends
D3 = 2
PV(of D3) = 2/(1.18^3) = 1.2173
D4 = D3(1+g) = 2(1+0.06) = 2.12
PV(of D4) = 
PV (of D4) = 17.6667/ 1.6430 = 10.7527
Next, sum up the present values ;
= 1.2173 + 10.7527
= $11.97
Therefore, DAA's stock is currently overpriced ,so you should not buy it since it is only valued at $11.97 and not $15.
Answer:
b. No - the increase in lease expense is a fixed cost.
Explanation:
If the owner of Italian restaurant increases the prices of its product it will result in low customers as the restaurant is already at the competitive price among its other competitors. If the restaurant raises prices the customers will move to the competitors which are offering same quality product at reduced price. The rent is increased by 20% which is considered as a fixed cost because it does not affect the per unit production and is not associated with the numbers of customers.
Answer:
A notice which says "the letter is Unclassified when separated from classified enclosures"
Explanation: