The common stock of dayton dry goods has historically had a low dividend yield that is expected to continue. as a result, the majority of its shareholders are individuals who prefer capital gains over cash dividends for tax reasons. the fact that most of these shareholders have similar characteristics is referred to by which one of the following terms? a) clientele b) market reaction c) information content d) distribution e) investor

Quick computing currently sells 12 million computer chips each year at a price of $19 per chip. it is about to introduce a new chip, and it forecasts annual sales of 22 million of these improved chips at a price of $24 each. however, demand for the old chip will decrease, and sales of the old chip are expected to fall to 6 million per year. the old chips cost $10 each to manufacture, and the new ones will cost $14 each. what is the proper cash flow to use to evaluate the present value of the introduction of the new chip? (enter your answer in millions.)

An economic theory that calls for workers to take control of factories is .

Describe what fixed costs and marginal costs mean to a company.