The rate of return for the year from the purchase of 100 shares of Granny Smith stock a year ago is 39.88%.
What is the rate of return?An investment's rate of return is the net gain over the specified period.
The return or net gain (Revenue - Cost) is usually expressed as a percentage of the investment's initial cost.
Data and Calculations:Numer of shares purchased = 100
Cost price per share = $157.21
Total cost of purchase = $15,721 ($157.21 x 100)
Dividends for the year = $232
Current price per share = $217.58
Total returns or net gain = $6,269 ($217.58 - $157.21 x 100 + $232)
Rate of return = 39.88% ($6,269/$15,721 x 100)
Thus, the rate of return for the year from the purchase of 100 shares of Granny Smith stock a year ago is 39.88%.
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The treasurer for the Macon Blue Sox baseball team is seeking a $20,100 loan for one year from the 4th National Bank of Macon. The stated interest rate is 19 percent, and there is a 23 percent compensating balance requirement. The treasurer always keeps a minimum of $1,670 in the baseball team’s checking accounts. These funds count toward meeting any compensating balance requirements.
The effective interest rate based on a compensating balance requirement of 23% for Macon Blue Sox is 24.675%.
What is the compensating balance requirement?The compensating balance requirement is the minimum amount of cash that a borrower cannot withdraw from a loan account.
The compensating balance requirement is a standard requirement of some lending institutions to reduce default risks.
Data and Calculations:Loan = $20,100
Stated interest rate = 19%
Interest expense = $3,819
Compensating balance requirement = 23%
= $4,623 ($20,100 x 23%)
Amount received as Cash = $15,477 ($20,100 - $4,623)
Effective interest rate = 24.675% ($3,819/$15,477 x 100)
Question Completion:What will be the effective rate of interest on this loan?
Thus, the effective interest rate based on a compensating balance requirement of 23% for Macon Blue Sox is 24.675%.
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Ben has been paying his $750 mortgage payment every month for five years on a level payment plan. Each month, the amount he pays toward interest ____________ and the amount he pays toward the principal ___________.
Each month, the amount Ben pays toward interest varies (and falls) the amount he pays toward the principal varies (but increases).
Calculations of Interest and Principal PaymentsThis answer can be explained by using a hypothetical example.
For example, let us assume that the principal outstanding from the first month is $9,500 and the monthly interest rate is 2%. The interest payment, the amount paid toward the principal, and the principal outstanding in the second and third months can be calculated as follows:
For the Second Month, we would have:
Second month interest payment = First month principal outstanding * Interest rate = $9,500 * 2% = $190
Amount paid towards the principal in the second month = Monthly payment - Second month interest payment = $750 - $190 = $560
Second month principal outstanding = First month principal outstanding - Amount paid towards the principal in the second month = $9,500 - $560 = $8,940
For the Third Month, we would have:
Third month interest payment = Second month principal outstanding * Interest rate = $8,940 * 2% = $178.80
Amount paid towards the principal in the third month = Monthly payment - Third month interest payment = $750 - $178.80 = $571.20
Third month principal outstanding = Second month principal outstanding - Amount paid towards the principal in the third month = $8,940 - $571.20 = $8,368.80
From the hypothetical example above, since the second month's interest payment of $190 is different from and greater than the third month's interest payment of $178.80, this implies that the amount Ben pays toward interest varies.
Also, since the amount paid towards the principal in the second month of $560 is different and less than the amount paid towards the principal in the third month of $571.20, this implies that the amount he pays toward the principal also varies.
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If technology needs invests $1,200,000 today at 6% annual interest and the money is compounded semiannually, how much will be in the bank account one year from the date invested?.
Answer:
1,348,320
Explanation:
[tex]1,200,000(1.06)^2[/tex]
since it is semiannually, this means that it is twice a year, therefore we would set the percentage rate, which is rewritten as 1.06, since it is a gain, and not a loss, to 2.
1,348,320$, will be in the bank account one year from the date invested.
What is compound interest?Interest earned on previously earned interest Because compound interest earns interest on both the initial deposit and any prior interest, it generates a greater return than simple interest. The interest that is solely paid on the amount invested is known as a simple interest rate.
Compound interest, on the other hand, accrues interest on both the original investment and any prior interest.
Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.
The formula of compound interest A = [tex]P (1 + r/n)^nt[/tex] Where
A = Final amount
P = Principal amount
r = annual rate of interest
n = how many times interest is compounded per year
t = How long the money is deposited or borrowed (in years) the answer is 1,348,320
Since it occurs twice a year and is semiannual, we would set the percentage rate, which is now represented as 1.06, to 2 since it is a gain rather than a loss.
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According to the text, during much of the Cold War period, most writing on the subject was dominated by the idea of __________, which was largely defined in __________ terms.
a. internal security . . . gendered
b. national security . . . militarized
c. state security . . . domestic political
d. international security . . . economic
What is a company participating in when it directly invests in facilities to produce or market a product in a foreign country
Multinational enterprise is a term that refers to a situation whereby a company directly invests in facilities to produce or market a product in a foreign country.
What is multinational enterprise?Multinational enterprise can be regarded as type of enterprise where there is production of goods or delivering services in more than one country.
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1.1. If the population of a country increases, GDP remaining constant, then its ________. A. income per capita will remain unchanged B. income per capita will decrease C. trade deficit will decrease D. gross national product will increase
The Income per capita will decrease If the population of a country increases, GDP remaining constant.
What is income per capita?Per capita income is defined as a measure for the average income earned per person in a given area (country) in a specified year.
It is calculated by dividing the area's total income by its total population hence a measurement of average income per person in a specific country.
Hence, the Income per capita will decrease If the population of a country increases, GDP remaining constant.
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Question 10 of 36
Jade is considering taking out a 14-year loan with monthly payments of $195
at an APR of 2.9%, compounded monthly, and this equates to a loan of
$26,898.98. Assuming that Jade's monthly payment and the length of the
loan remain fixed, which of these is a correct statement?
A. If the interest rate were 2.3%, the amount of the loan that Jade is
considering would be less than $26,898.98.
OB. If the interest rate were 3.1%, the amount of the loan that Jade is
considering would be more than $26,898.98.
O C. If the interest rate were 2.7%, the amount of the loan that Jade is
considering would be more than $26,898.98.
OD. If the interest rate were 2.5%, the amount of the loan that Jade is
considering would be less than $26,898.98.
SUBMIT
ws
Answer:
A
Explanation:
To answer the question, we look at an extreme scenario of 0% interest rate and see the minimum repayment Jade will make on the loan taken
Therefore,
Interest Rate = 0%
This means that the loan to be paid will be calculated as follows
Monthly payments x 12 Months x 14 Years
= $195 x 12 months x 14 years = $32, 760
The meaning of this outcome is that the lower the interest rate to be paid, the higher the size of the loan, because at 2.9% the loan= $26,898.98 and at 0% rate the loan= $32, 760.
The conclusion therefore is a 2.7% interest rate which is lower than 2.9% but not as low as the extreme 0% will cause the loan amount to be higher than $26,898.98. This affirms option A.
Options B and C are wrong because 2.5% and 2.3% are lower than 2.9%, therefore, the loan amount will be higher. Option D is also wrong because a 3.1% interest rate is higher than 2.9%, therefore, the amount should be lower not higher than $26,898.98
Answer:
it is C
Explanation:
:P
The primary economic function of the financial system is to.
The main task of the financial system is to channel funding from savers to investors.
Mary is purchasing air tickets for traveling to Europe in the December holidays. She books a ticket for $700 roundtrip with Delta Airlines to France but the next day her colleague informs her about a connection using two different airline service providers AirFrance and RyanAir which takes a shorter time and has no switching costs. She quickly changes her booking to the new connection her colleague showed her. What does this tell you about the bargaining power of buyers in the airline industry
The thing which can be noted about the bargaining power of the airline industry is that it is high.
What is Bargaining Power?
This refers to the ability of a firm to have some measure of influence over another through its power of labor.
With this in mind, we can see that based on the given situation of Mary buying tickets to travel, she has different choices to make based on the pricing system and this shows that the buyer's bargaining power is high.
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I am with the girl of my dreams, and I couldn't be happier!
Nice bro
YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesv
Answer:
Gj <333
Explanation:
explain the former assembly and meeting
Answer:
a company of persons gathered for deliberation and legislation, worship, or entertainment is known as formal assembly.
A meeting is a gathering of two or more people that has been convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.
The unethical practice of contractors supplying bid amounts from subcontractors to other subcontractors is known as ____.
The unethical process and ways by which contractors supply bid amounts from subcontractors to others are known as bid shopping.
What is Bid Shopping?
Bid shopping is the strategy of pressuring subcontractors to provide a cheaper price following a general contractor's proposal that has been approved and the contract is given. It's an unethical approach that jeopardizes the bidding process.
Bid shopping, at the very least, endangers relationships between agencies, contractors, as well as subcontractors. It also skews free-market prices by inflating early subcontracting estimates or deflating them with unsustainable low projections.
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On the first day of the year, while covered as an individual under the Standard Plan and using in-network doctors, Jackie broke her leg while skiing. She incurred the following bills: ambulance ride to hospital, emergency room services, X-Ray of her broken leg ($530) and outpatient surgery to repair the broken leg ($10,000). How much would Jackie pay out-of-pocket for her surgery?
Jackie will have to pay $8,700 out-of-pocket for her surgery.
What is Insurance?This is a means of protection of an individual or property from risks of financial loss, damage etc.
The Standard plan usually runs for 12 months and the out-of-pocket expenses for medical care aren't usually reimbursed by insurance companies. The out-of-pocket limit can't be more than $8,700 for individuals which was why it was chosen as the most appropriate choice.
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In order to manufacture a piece of medical hardware that might help millions of diabetics, you are considering hiring a number of subcontractors, since you have a very short deadline. Supplier A has a long track record of completing work on time, and they consistently charge less than other companies. Supplier B will charge more for the parts and their process adds one whole day to the process. If supporting your company's green initiatives is a goal, what factors might make supplier B more appropriate, even with higher charges and a delay on delivery?
To whoever answers this, thank you, and I'm giving them 70 points.
Answer:
b and c
Explanation:
Answer: Hes right its b and c
Money
Type of
Account
Description
Description
Typical
Interest Rate
Typically
Minimum
Balance
Add to
balance
regularly?
Is it FDIC
insured?
Write
checks/
pay bills
directly?
stuck for
a set
time?
Traditional
Savings
Account
Online
Savings
Account
Certificate
of Deposit
I
Money
Market
Account
Answer:
you put which place the name goes under like if u had ur own bank account
Answer:
I have that same assignment. Went looking at the answers and its not even nothing there.
Explanation:
The government proposes a tax on imported champagne. Buyers will bear the entire burden of the tax if the:.
The government proposes a tax on imported champagne. Buyers will bear the entire burden of the tax if the demand curve for imported champagne is vertical.
What do you mean by Champagne?Champagne is an expensive white or pink sparkling wine produced in the Champagne region of Eastern France.
Alcohol that has been made available for consumption in an EU nation is considered to have been duty-paid. You may use any of the following programs to bring it into Northern Ireland on a regular basis the registered commercial importer program secures the UK duty payable on your goods and then arranges for deferred payment by having you register with HMRC. the usual duty-paid arrangement, where you pay HMRC the duty before the products are sent, exempts you from registration.
Therefore, Buyers will bear the entire burden of the tax if the demand curve for imported champagne is vertical.
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The overriding reason why households and societies face many decisions is that.
Answer:
Resources are scarce.
Explanation:
The Overriding reason why households and societies face many decisions is that Ans: Resources are scarce. We have scarcity of resources, hence the management of the same is crucial.
When are you allowed to review your credit report?.
Credit reports should be review when there is need for loan to check credibility and also when there is mixed up in account to avoid error.
What is credit reports?Credit report is a sheet containing the details of creditors, showing the history of purchase and deposit or payment that is available at that time.
The report is important to check progress and to also track debtors.
Therefore, Credit reports should be review when there is need for loan by an individual and also when there is mixed up in account to avoid error.
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In designing the organization:________.
A) the initial design is usually complicated.
B) poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
C) the entrepreneur easily transitions from a growing start-up to a growing, well-managed business.
D) as the workload increases the organizational structure will contract.
When designing the organization, poor design is the significant cause for business failure, as the entrepreneur often alone performs all the functions of the organization.
What is organizational structure?Corresponds to a representation of how organizational activities and resources are performed in an organization to achieve objectives and goals.
Therefore, it is through the organizational structure that the job positions, functions, departments and hierarchy of the company are designed, aligned with its needs and strategy.
The correct answer is:
B) Poor design is a significant cause for business failure since the entrepreneur often performs all organization functions themselves.
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The contribution margin equals sales minus all ______ expenses.
True or False: Savings accounts generally offer a higher yield than money market accounts
Marietta opts into a Target app. When she enters a Target store, small Bluetooth devices scattered throughout the store send signals to her phone with personalized deals and information. This is an example of ______ technology.
a. tag.
b. RFID.
c. alien.
d. beacon.
Assuming small Bluetooth devices scattered throughout the store send signals to her phone. This is an example of d. beacon technology.
What is beacon technology?Beacon technology can be defined as a tiny or small wireless transmitter technology that help to send signals to devices.
One of the example of beacon is blutooth devices. Despite small in size they help to send signal to phone or user device and they as well makes use of low energy.
Inconclusion this is an example of d. beacon technology.
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40 points & Will mark brainliest!
Compare tracking in affiliate marketing to that of e-mail and online advertising. What are the similarities/ differences? (Emphasis on the differences)
Similarities:
They both are ways to reach out to advertise products through the use of technology making them seen by a very wide range of buyers
Differences:
Emails are ignored and deleted by lots of people making them less effective however people may still see them unless they go to junk mail. Regular online advertising however, might reach more people as they might appeal more with photos or slogans to help get the advertisment stuck in the buyers mind. In my opinion, online advertising is more effective than emails.
which of the following would make a person well suited for entrepreneurship?
a. prefers to follow others on projects
b. likes making decisions
c. doesn't like people
d. likes to work regular hours
APEX
Entrepreneurs likes making decisions because they are their own boss. Option (b) is correct.
What do you mean by Entrepreneurship?Entrepreneurship is the practice of operating a business with a fresh concept or in a novel approach, ultimately benefiting the client or the consumer. A novel product or service can represent a new idea in a business.
Self-motivation is among the most crucial characteristics of entrepreneurs. Pushing oneself is necessary if you want to succeed. Because you are your own boss as an entrepreneur, it can occasionally be challenging to begin rolling without external pressure.
Therefore, Option (b) is correct. Making decisions by their own would make a person well suited for entrepreneurship.
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Calvin deposits $400 in a savings account that accrues 5% interest compounded monthly. after c years, calvin has $658.80. makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. after m years, makayla has $613.04. what is the approximate difference in the number of years that calvin and makayla have their money invested? makayla invests her money 1 year longer. makayla invests her money 2 years longer. calvin invests his money 1 year longer. calvin invests his money 2 years longer.
According to equation, the approximate difference between Calvin and Makayla's number of years of money invested is 2 years.
What is compound interest?
Compound interest is refers to an amount implemented on the principal amount along wit the accumulated interest with a fixed rate of interest for a time period.
Solution:-
Given Information:
Calvin deposits= $400Interest rate=5%final amount Calvin =$658.80
Here, Compound interest= A=P (1+r/t)t
Monthly compound interest,
658.8=400(1+5/12*100)12c
658.8/400=(1205/1200)12c
c=10 years
Now Makayla deposits $300 in a different savings account that accrues 6% interest compounded quarterly. The final amount she gets is $613.4 in m years. Thus,
613.4=300(1+6/12*100)12m
613.4/300=(1206/1200)12m
c=12 years.
Thus, the approximate difference in the number of years that Calvin and Makayla have their money invested is 2 years.
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Answer:
B. Makayla invests her money 2 years longer.
Explanation:
True/False: The most accurate method to calculate the amounts in a budget is to apply a specific percentage of increase or decrease.
Answer: The Answer is False
Explanation: Your welcome :)
Which of the following statement about the importance of each competitor factor (most particularly influential competitive factors like S/Q ratings, models/styles, and selling prices) in determining company sales volumes and market shares in a particular geographic region is false?A) Tiny cross-company differences on a highly influential competitive factor (like S/Q ratings, the number of models/styles offered, and selling prices) nearly always have a bigger impact on company sales/market shares in a region than do large differences on less influential competitive factors.B) Big S/Q rating differences in a region always weigh heavily in accounting for company-to-company differences in branded pairs sold and market share in all four regions.C) As the spread between the company with the region's highest S/Q rating and the company with the lowest S/Q rating becomes smaller and smaller, the weaker is the unit sales/market share impact of the differences in the S/Q ratings among competing companies.D) In the rare instance that all companies should happen to have exactly the same S/Q ratings on their branded footwear in a region wholesale and internet segments, then S/Q ratings become a total competitor nonfactor and have zero impact on buyer appeal for one company's brand versus another.E) How much company S/Q rating matter in determining each company's unit sales/market share in a region is not fixed amount but rather is an amount that varies from "big" (when the differences are "small") to "zero" (when the S/Q ratings of rivals are identical).
The statement that is false is A) Tiny cross-company differences on a highly influential competitive factor ... nearly always have a bigger impact on company sales/market shares in a region than do large differences on less influential competitive factors.
Why is this statement false?When it comes to competitor factors, the tiny differences seen on a highly influential competitive factor are usually quite small in impact.
It is the large differences on less influential competitive factors that usually have a bigger impact on a company's sales and market share.
In conclusion, option A is correct.
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If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller percentage, then demand is:.
A demand is relatively inelastic if for an increase in price, the quantity demanded falls by a proportionately smaller percentage.
What is a relatively inelastic demand?A relatively inelastic demand refers to a when the percentage change produced in demand is less than the percentage change in the price of a product.
In conclusion, the inelastic demand are often seen in most essential goods.
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The controversial practice that treats a range of scores as being similar and thus allows employers to give preference to underrepresented groups within these similar scores is known as Multiple Choice banding. generalizing. affirmative action.
When employers give preference to groups that are underrepresented, this is known as affirmative action.
What is affirmative action?It is a policy followed by employers where they treat job hiring results as similar.
This means that employees from minority groups will stand a better chance of being picked because they would have gotten lower scores otherwise.
It is a controversial policy because while some people argue that it isn't fair to some people, others argue that it is an important tool in equality.
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If you are a candidate for a position you should:
Answer:
Highlight the unique ways that you’ll be able to contribute in the role. Next, try to find the overlaps between your background and their needs. Look at your recent work, your education, and everything else you bring to the table. Think of everything from their point of view. your objective is to sell yourself to the hiring manager and convince him or her that you are a unique and strong candidate.
Explanation: