Answer: 9.76%
Explanation:
The cost today of $29,000 is the future value of the cost 20 years ago with the growth rate in question. It can therefore be solved by the future value formula;
29,000 = 4,500 * ( 1 + r/100)²⁰
( 1 + r/100)²⁰ = 29,000/4,500
1 + r/100 = ²⁰√29,000/4,500
1 + r/100 = 1.0976
r = 9.76%
Brad has evaluated and selected the channel alternatives for his company.
There will be three channel levels, including two retailers and one wholesaler.
In addition, he has decided there will be one intermediary involved because of
that intermediary's stellar reputation. What is the next question Brad needs to
decide about the channel?
O Who will be in charge of the selected channels?
O What intermediary will offer discounts?
When will the channel implementation take place?
Answer:
The next question Brad needs to decide about the channel is:
When will the channel implementation take place?
Explanation:
This is the most logical question to ask after determining "the what" of channels to choose and "the how" to go about implementing the chosen channel. With this determination, the plan is officially set for take-off launching. This also makes the marketing plan implementable, as it now has a time-frame for implementation.
Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A. current price
B. net change
C. open price
D. a positive or negative result for the one-year change
E. previous close price
Answer:
D. a positive or negative result for the one-year change
Explanation:
The most relevant parameter of a stock's performance is the stock's returns. If a stock has been consistent in producing good returns, the past financial year's results play a big role in determining whether to invest in its stock or not.
If Cynthia is interested in investing in Clothing Unlimited stock, she needs to look at its past performances and compare it with lay year's results. If the stock has been yielding consistent positive results, there is a big possibility that the trend will continue into the future.
Answer:
Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine how the stock has performed over the past year?
A.
current price
B.
net change
C.
open price
D.
positive or negative result for the one-year change
E.
previous close price
Explanation:
Mike Inc. makes a lump sum purchase for land and building and pays $300,000. The land has been independently appraised at $105,000 and the building has been appraised at $245,000. What percentage of the purchase price should be allocated to land
Answer: 30%
Explanation:
To solve this question, the first thing that is needed to be done is for us to calculate the total appraisal value. This will be:
= $105,000 + $245,000
= $350,000
The percentage of the purchase price that should be allocated to land will then be:
= 105,000/350,000
= 30%
Communication is a two way exchange that involves ________.
A. A supporter and a receiver
B. A sender and a receiver
C. A sender and a speaker
D. A announcer and a audience
Answer:
B.
Explanation:
Assuming a taxpayer has no other gains or losses for the year, a loss from the theft of a Section 1231 asset is treated as a capital loss.A. True B. False
An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those actions are contained in
Answer:
Ethical impact statement.
Explanation:
An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those actions are contained in ethical impact statement. It is typically used by an organization and its shareholders to assess the underlying moral justifications for corporate actions and the consequent results of those actions in order to be in tandem with its mission, goal and objectives.
Why do you think some service professionals prefer to work alone rather than in a team
Answer:
They could be an intervert,Anbivert, it coul make more money or it could not require a team, etc
Ruth has a 25% marginal tax rate and she invested $350,000 in a City of Carthage bond that pays 5% interest. Alternatively, Ruth could have invested the $350,000 in a corporate bond that pays 9% interest with similar risk and other non-tax characteristics. What is Ruth’s explicit tax on the City of Carthage bond?
Answer:
Ruth will incur $0 explicit tax on the City of Carthage bond as the interest income is tax exempt.
Explanation:
a) Data and Calculations:
Ruth's investment in the City of Carthage = $350,000
City bond's rate of interest = 5%
Total interest income from the City's bond = $17,500 ($350,000 * 5%)
Tax payable on the interest income from the City's bond = $0.
Ruth's investment in the corporate bond = $350,000
Corporate bond's interest rate = 9%
Total interest income from the corporate bond = $31,500 ($350,000 * 9%)
Tax payable on the interest income from the corporate bond = $7,875 ($31,500 * 25%).
Net income realized after tax = $23,625 ($31,500 - $7,875)
b) However, based on the comparison of the two interest income streams, Ruth can be said to be paying an implicit tax worth $6,125 ($23,625 - $17,500), which is the lost income she incurs by investing in the tax-exempt City of Carthage bond instead of investing in the corporate bond.
A national bank that is part of a financial holding company or a bank holding company is mainly supervised by the:________
a. Office of the Comptroller of the Currency.
b. Federal Deposit Insurance Corporation.
c. National Credit Union Administration.
d. Federal Reserve.
Answer: d. Federal Reserve.
Explanation:
Normally National banks are supervised by the Office of the Comptroller of the Currency(OCC) but there are some types of banks that are supervised by the Federal Reserve.
If a bank is owned or part of a financial holding company or bank holding company, the Federal Reserve is in charge of supervising the bank to ensure that it is meeting the complex laws of US banking.
Which answer choice is not one of the top 10 abusive lending practices?
a credit cards
b. high fees
C. bait & switch
d. balloon loan
Answer:
it's A
Explanation:
credit cards
The practise of applying unfair, dishonest, or abusive loan terms to customers is known as predatory lending. Hence option A is correct .
What is predatory lending ?These loans frequently come with excessive fees and interest rates, drain the borrower's equity, or place a creditworthy borrower in a loan with a worse credit rating (and higher cost), all to the lender's advantage.
Predatory lenders frequently employ pushy sales techniques and prey on the borrowers' ignorance of financial transactions. They lure, encourage, and help a borrower take out a loan they will not reasonably be able to repay through deceptive or dishonest conduct and a lack of transparency.
Any dishonest actions taken by lenders to persuade, induce, deceive, or aid borrowers into taking out loans they are unable to responsibly repay or must pay back are considered predatory lending back at a price that is significantly more than the going rate. Predatory lenders prey on the situation or ignorance of borrowers.
Learn more about abusive lending here
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A perfectly competitive industry in long-run equilibrium comprises 200 identical firms. In one of the firms, the workers unionize and receive a 20% wage increase. What happens to the unionized firm in the short run and the long run
Answer:
Short Run
This is a perfectly competitive industry which means that prices are the same for all the companies. The company that will increase its wages will therefore be unable to increase its prices to match.
This means that a situation might develop where average variable costs will be more than average revenue. At this point the company would have to shutdown operations.
Long Run
If the other companies in the industry have not seen the wages of their workers increase, it would mean that the prices would remain the same as they were which means that the company with the increased wages cannot come back into business and they will exit the market.
If on the other hand, other companies have unionized and improved wages, the market price in the industry will rise and the original unionized company can come back into business as they will now be able to afford to pay their workers.
If income increases by $100 and consumption increases by $75, the slope of the consumption function equals _____.
Answer:
3/4
Explanation:
The marginal propensity to consume mpc, is the slope of the consumption function and it is what this question requires us to find
We have income increase to be = 100 dollars
Then consumption increase = 75 dollars
MPC = increase in consumption ,75/increase in income 100
= 75/100
= 3/4
Therefore the marginal propensity to consume also called the slope is 3/4
If annualized nominal interest rates in the US and Switzerland are 12% and 8% respectively and the 90-day forward [one-year forward] rate for the Swiss franc is $1.0218, at what current spot rate for the Swiss frank will interest rate parity hold?
Answer:
Current spot rate for the Swiss frank will interest rate parity hold is $1.0214
Explanation:
As per given data
Annualized nominal interest rates in the US = 12%
Annualized nominal interest rates in the Switzerland = 8%
90 days forward rate = $1.0218
As we know
According to interest rate parity theory
Forward rate differential = Interest rate differential
( ( F - S ) / S ) x (360/n) = ( ( 1 + ru ) / ( 1 + rs ) ) - 1
Where
F = Forward Rate = $1.0218
S = Spot rate = ?
n = numbers of days = 90 days
ru = Annualized nominal interest rates in the US = 12%
rs = Annualized nominal interest rates in the Switzerland = 8%
Placing the values in the formula
( ( $1.0218 - S ) / S ) x (360/90) = ( ( 1 + 12% ) / ( 1 + 8% ) ) - 1
( ( $1.0218 - S ) / S ) x 4 = ( 1.12 / 1.08% ) - 1
( ( $1.0218 - S ) / S ) x 4 = 0.037037
( ( $1.0218 - S ) / S ) = 0.037037 / 4
( $1.0218 - S ) / S = 0.00925925
$1.0218 - S = S0.00925925
$1.0218 = S0.00925925 + S
$1.0218 = S1.00925925
S = $1.0218 / 1.00925925
S = $1.0214
How much would you need to deposit in an account now in order to have $3000 in the account in 15 years
Answer:
Results are below.
Explanation:
Giving the following information:
Future value= $3,000
Number of periods= 15 years
I will assume an interest rate of 8% compounded annually.
To calculate the present value (PV), we need to use the following formula:
PV= FV/(1+i)^n
PV= 3,000/1.08^15
PV= $945.73
The alcoholic beverages in a private club are:
Sold to the members
Not owned by the members
Owned by the guests
Not sold to the members
Answer:
Sold to the members
Explanation:
A private club is patronized by its member only. Through membership, a person acquires the privilege to use the club's facilities. Members network and enlarge their business contacts.
Club members own the club. They get to enjoy meals and drinks at lower rates than regular restaurants. Alcoholic drinks are available at competitive rates. Members are required to pay for what they have consumed.
Place the components of the M2 money supply in order, from smallest to largest
Answer:
Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.
Explanation:
2. List 12 things you should consider when buying a used car.
Find out if the car has been recalled
inspect the color
Check all the glasses
inspect the mirror
inspect the interior
look for leaks
Ensure that the car drives smoothly
Test the suspension
that's all I know
hope you will find this helpful
On January 1, Year 1, Vaughan Company purchased equipment for $276,000. Freight charges amounted to $12,000 and there was a cost of $24,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $60,000 salvage value at the end of its 12-year useful life. Depreciation expense each year using the straight-line method will be:_______.a. $19,700.
b. $16,700.
c. $14,300.
d. $14,000.
Answer:
Depreciation expense each year will be $21,000
Explanation:
As the capitalized cost of an asset is the cost incurred to make the asset usable for the operations of the business.
Cost of Asset = Purchase price + Freight charges + Installation cost
Cost of Asset = $276,000 + $12,000 + $24,000
Cost of Asset = $312,000
Now $312,000 is the cost that is used for the depreciation purpose.
First we need to calculate the depreciable value
Depreciable value = Cost of Asset - Salvage value
Depreciable value = $312,000 - $60,000
Depreciable value = $252,000
Now Use follow formula to calculate the straight line depreciation expense for the year
Depreciation for theyear = Depreciable value / Useful life
Depreciation for theyear = $252,000 / 12 years
Depreciation for theyear = $21,000
As the given options are not correct as per given data. The solution made according to the given data.
The EU began as a common market for Multiple Choice the coal and steel industries. the transportation industries. the textile and dairy industries. all imported goods from beyond Europe.
Answer:
The answer is "The coal and steel industries".
Explanation:
In compliance with the terms of the 1975 Constitutional Act, on 5 June 1975, the UK promised a Vote on Inclusion in the European Union, often alluded to as the Vote on the European Union, the Single Market Vote as the EEC Participation referendum to measure support.
This Group established its Council of Europe Coal and Steel Community, that consolidated free flow of coal and steel as well as the freedom of access to sources of production in 6 countries.
Michael Kremer's research suggests that higher population might stimulate technological progress. How can higher population stimulate technological change?
a. A rise in population at first leads to a decline in per-capita output, and the growth rate of per-capita output will decrease permanently.
b. The research may be just conjecture on the role of technology based on the growth of the world population.
c. A higher population puts more pressure on limited available resources, thereby increasing incentives to spur technological change.
d. A higher population immediately increases α, which, in turn, increases the balanced growth path.
Answer:
c. A higher population puts more pressure on limited available resources, thereby increasing incentives to spur technological change.
Explanation:
In the case when the population rises this result in rise in change in technology as the population rises it would be more pressure on the resources that are limited available so the incentive is also rises to spur the change in technology
Therefore as per the given situation, the option c is correcy
ANd, the same is to be considered
And, all the other options are wrong
If you wanted to set up a business importing amber jewelry from Latvia to the United States, you would have to plan on paying the U.S. Customs Service a government tax of roughly 11 percent of the value of the product as:_______
a. an excise tax.
b. a quota.
c. a bribe.
d. a subsidy.
e. a tariff.
Answer:
E) tarrif
Explanation:
From the question, we are informed about instance of one wanted to set up a business importing amber jewelry from Latvia to the United States, one would have to plan on paying the U.S. in this case Customs Service a government tax of roughly 11 percent of the value of the product as tarrif. Tarrif can be regarded as a kind of foreign trade and policy regulation by government ,where by tax is placed on import goods as well as export goods so that the domestic industries are safeguarded.
Lion Management Services is considering an investment of $75,000. Data related to the investment are as follows:
Year Cash Inflows
1 $20,000
2 23,000
3 17,000
4 50,000
5 20,000
The investment's payback period in years (rounded to two decimal points) is:_________
Answer:
It will take 3.3 years to cover the initial investment.
Explanation:
Giving the following information:
Initial investment=$75,000
Year Cash Inflows
1 $20,000
2 23,000
3 17,000
4 50,000
5 20,000
The payback period is the time required to cover the initial investment.
Year 1= 20,000 - 75,000= -55,000
Year 2= 23,000 - 55,000= -32,000
Year 3= 17,000 - 32,000= -15,000
Year 4= 50,000 - 15,000= 35,000
To be more accurate:
(15,000/50,000)= 0.3
It will take 3.3 years to cover the initial investment.
Sustainability requires adjustments at the margins, rather than a totally new approach to business. A. True B. False
Answer:
B)False
Explanation:
Sustainability is the ability to maintain things arround us without messing them up for the sake of the future. It call for a change at ways things(organization, business, institution s both government and private) are been there are four pillars of sustainability which are ;social, human, economic as well as environmental . Therefore, the statement from the question is FALSE.
Economic analysis of a monopolistically competitive industry is more complicated than that of pure competition because
Answer:
of product differentiation and consequent product promotion activities.
Explanation:
competitive industry is industry that give room for free entry as well as exit of of firms with just little barrier. Monopolistic competition can be regarded as a type of compitition whereby many companies are dealing with similar product/services in the industry even though it's not a perfect substitute. There is low barrier when entry a Monopolistic Industry. It should be noted that Economic analysis of a monopolistically competitive industry is more complicated than that of pure competition because of product differentiation and consequent product promotion
No-Growth Industries pays out all of its earnings as dividends. It will pay its next $4 per share dividend in a year. The discount rate is 12%. a. What is the price-earnings ratio of the company
Answer: 8.33
Explanation:
To solve the price-earnings ratio of the company, first we need to calculate the market price share which will be:
= Dividend / Discount rate
= 4/12%
= 4/0.12
= $33.33
The proce earning ratio will now be:
= Market price share / Earnings pee share
= $33.33/4
= 8.33 times
Ashland Corporation sells 150 shares of common stock being held as an investment. The shares were acquired six months ago at a cost of $30 a share. Ashland sold the shares for $38 a share. The entry to record the sale is:___________
Answer:
Dr Cash $5,700
Cr Gain on Sale of Stock Investments $1,200
Cr Stock Investments $4,500
Explanation:
Based on the information given we were told that the Corporation sold 150 shares of common stock that was being held as an investment which means that in a situation where the shares were acquired at a cost of $30 a share in which the Corporation sold the shares for cost of $38 a share. The Journal entry to record the sale will be:
Dr Cash $5,700
(150 shares *$38)
Cr Gain on Sale of Stock Investments $1,200
($5,700-$4,500)
Cr Stock Investments $4,500
(150shares *$30)
What type of renewable source for electricity generation is predicted to increase the most in future years? (According to the report, "Solar Investment Tax Credits (ITC) phase down after 2024, but solar generation growth continues because the costs for solar continue to fall faster than for other sources.")
Answer:
solar
Explanation:
The future in energy generation is the solar energy. The solar energy is the heat and light energy that is obtain from the sun energy. It is the renewable energy an done of the cleanest source of energy. The industry experts predicts that United States will double the installation of solar cells to four million by the year 2023 in order to harvest these solar power. The solar photovoltaic cells convert sunlight into electricity. By 2024, the renewable electricity is predicted to increase by 1 200 GW.
If this project would cannibalize other projects by $1 million of cash flow before taxes per year, how would this change your answer to part a
Answer:
A. Project cash flow$2,600,000
C. $2,700,000
$100,000 Increase
Explanation:
A. Calculation for the Project cash flows
Sales revenues 9,000,000
Less Operating costs 6,000,000
Depreciation2,000,000
Operating income before taxes$1,000,000
(9,000,000-6,000,000-2,000,000)
Taxes (40%)400,000
(40%*1,000,000)
Operating income after taxes600,000
(1,000,000-400,000)
Add back depreciation2,000,000
Project cash flow $2,600,000
(2,000,000+600,000)
Therefore the Project cash flow will be $2,600,000
C. If the tax rate dropped to 30%, how would that change your answer to Part a
Operating income before taxes $1,000,000
Taxes (30%)300,000
(30%*1,000,000)
Operating income after taxes$700,000
(1,000,000-300,000)
Add back depreciation2,000,000
Project cash flow$2,700,000
(2,000,000+700,000)
Based on the above Calculation the project’s cash flow would increase by the amount of $100,000 ($2,700,000-$2,600,000)
A coal mine cost $1,004,000 and is estimated to hold 56,000 tons of coal. There is no residual value. During the first year of operations, 7,000 tons are extracted and sold. Calculate depletion expense for the first year.
Answer:
$125,500
Explanation:
The initial cost of coal mine=$1,004,000
Estimated useful life=56,000 tons of coal
tons of coal extracted in the first year=7,000 tons
depletion expense=(cost of coal mine-residual value)*tons of coal extracted in the first year/estimated useful life
residual value =$0
depletion expense=($1,004,000-$0)*7000/56000
depletion expense=$1,004,000*7000/56000
depletion expense for first year=$125,500
Which of the following is included in GDP? a) Cash gifts from relatives during the holidays b) Welfare payments received by some households c) Payments received from selling stocks in oneâs portfolio d) The cost of a dinner at a restaurant
Answer:
D)the cost of a dinner at a restaurant
Explanation:
GDP which means Gross domestic product can be regarded as the monetary value of finished goods as well as services that is been produced within the country at a particular period of time. The 3 types of GDP are
✓Real Gross Domestic Product.[ occur after inflation has been considered)
✓Nominal Gross Domestic Product.(with normal price)
✓Gross National Product (GNP)
Therefore, Out of the given options, the only one that is included in GDP is "the cost of a dinner at a restaurant".