Swifty corporation had 19 shares of common stock, 20700 shares of convertible preferred stock, and $154 of 4% convertible bonds outstanding during 2021. the preferred stock is convertible into 40400 shares of common stock. during 2021, swifty paid dividends of $1.00 per share on the common stock and $3 per share on the preferred stock. each $1,000 bond is convertible into 30 shares of common stock. the net income for 2021 was $605000 and the income tax rate was 35%.

a. $2.22
b. $2.38
c. $2.62
d. $2.18

exaclty 30 degrees celcius is the answer

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.