The largest petroleum exporter in the world is the Middle East region.
Which region play a major role in global oil market?
The Middle East is by far the largest petroleum exporting region in the world, with countries in the region collectively accounting for a large share of the world's oil reserves and production. The region is home to some of the world's largest oil-producing countries, including Saudi Arabia, Iraq, Iran, and Kuwait, among others. In fact, as of 2021, the top five oil-producing countries in the world are all located in the Middle East: Saudi Arabia, Iraq, Iran, the United Arab Emirates, and Kuwait.
The Middle East has been a major player in the global oil market for several decades. The Organization of the Petroleum Exporting Countries (OPEC), a cartel of major oil-producing countries, was founded in 1960 and includes several Middle Eastern countries among its members. OPEC has significant influence over the price and supply of petroleum worldwide and has often acted to limit or increase production in response to changing market conditions.
To know more about Petroleum, check out:
https://brainly.com/question/17209762
#SPJ4
You have finally saved $10,000 and are ready to make your first investment. You have the three following alternatives for investing that money:
Microsoft Bond:
Value of Bond = ($42 / 0.03) x (1 - 1 / (1 + 0.03)^4) + $1,000 / (1 + 0.03)^4 = $1,040.68
Southwest Bancorp Preferred Stock:
Value of Preferred Stock = $2.63 / 0.05 = $52.60
To calculate the value of each investment based on the required rate of return, we will use the following formulas:
Value of Bond = (Interest Payment / Required Rate of Return) x (1 - 1 / (1 + Required Rate of Return)^Number of Years) + Par Value / (1 + Required Rate of Return)^Number of Years
Value of Preferred Stock = Dividend / Required Rate of Return
Value of Common Stock = (Dividend x (1 + Expected Dividend Growth Rate)) / (Required Rate of Return - Expected Dividend Growth Rate)
a. Microsoft Bond
Interest Payment = Par Value x Interest Rate = $1,000 x 4.2% = $42
Number of Years = 4
Required Rate of Return = 3%
Value of Bond = ($42 / 0.03) x (1 - 1 / (1 + 0.03)^4) + $1,000 / (1 + 0.03)^4 = $1,040.68
b. Southwest Bancorp Preferred Stock
Dividend = $2.63
Required Rate of Return = 5%
Value of Preferred Stock = $2.63 / 0.05 = $52.60
c. Emerson Electric Common Stock
Dividend = $1.88
Expected Dividend Growth Rate = (3.78 / 2.27)^(1/5) - 1 = 11.92%
Required Rate of Return = 12%
Value of Common Stock = ($1.88 x (1 + 0.01)) / (0.12 - 0.01) = $18.89
The investment with the highest value based on the required rate of return is the Microsoft Bond, with a value of $1,040.68. This is because it offers a fixed interest rate that is lower than the required rate of return, making it less risky than the other investments. The preferred stock and common stock have higher required rates of return, which indicates a higher level of risk.
If Emerson Electric's managers expect earnings to grow at 1 percent above the historical growth rate, the expected dividend growth rate would be 12.92% [(3.78 x 1.01) / 2.27 - 1]. Using this expected dividend growth rate, the value of the common stock would be:
Value of Common Stock = ($1.88 x (1 + 0.1292)) / (0.12 - 0.1292) = -$7.17 (negative value)
This negative value indicates that the expected growth rate is not sufficient to compensate for the high required rate of return of 12%. Therefore, the common stock would not be a good investment option in this scenario.
To calculate the required rates of return that would make the investor indifferent to all three options, we need to set their values equal to each other and solve for the required rate of return:
($42 / R) x (1 - 1 / (1 + R)^4) + $1,000 / (1 + R)^4 = $2.63 / R = ($1.88 x (1 + 0.1192)) / (R - 0.1192)
Solving this equation yields R = 5.29%. Therefore, if the required rate of return is 5.29%, the investor would be indifferent to all three options.
learn more about Rate of Return here
https://brainly.com/question/24232401
#SPJ4
complete question:
You have finally saved $10,000 and are ready to make your first investment. You
have the three following alternatives for investing that money:
• A Microsoft bond with a par value of $1,000, an interest rate of 4.2 percent on its par value in interest, sells for $1,115 , and matures in 4 years
• Southwest Bancorp preferred stock paying a dividend of $2.63 and selling for $26.25
• Emerson Electric common stock that is selling for $60 with a par value of $5.
The stock recently paid a $1.88 divided, and the firm's earnings per share has increased from $2.27 to $3.78 in the past 5 years
Your required rates of return for these investments are 3 percent for the bond, 5
percent for the preferred stock, and 12 percent for the common stock. Using this
information, answer the following questions.
1. Calculate the value of each investment based on your required rate of return.
2. Which investment would you select? Why?
3. Assume Emerson Electric's managers expect earnings to grow at 1 percent above the historical growth rate. How does this assumption affect your answers to part a and b?
4. What required rates of return would make you indifferent to all three options?
how is social marginal cost (smc) determined
Social marginal cost (SMC) is determined by the additional cost associated with producing one additional unit of a good or service. This cost is calculated by taking the change in total cost divided by the change in output.
The social marginal cost (SMC) is determined by adding the private marginal cost and the external marginal cost. It is the cost to society of producing an additional unit of a good or service. The equation for determining SMC is:
Where PMC is the private marginal cost and EMC is the external marginal cost.
The private marginal cost is the cost to the producer of producing an additional unit of a good or service. It includes the cost of inputs, such as labor and materials, and the cost of any additional capital that may be required.
The external marginal cost is the cost to society of producing an additional unit of a good or service. It includes the cost of any negative externalities, such as pollution or congestion, that are created as a result of producing the good or service.
By adding the private marginal cost and the external marginal cost, we can determine the social marginal cost, which reflects the true cost of producing an additional unit of a good or service to society as a whole.
Learn more about Marginal Social Cost brainly.com/question/29729411
#SPJ11
Attendance at the meeting on May 20 is optional, we encourage you to go if your schedule permits. The meeting agenda will be
available by the end of the day.
This message contains
A fragment
No sentence fault
A comma splice
A run-on sentence
Answer:
b. No sentence fault
Explanation:
which of the following statements is (are) true? i. at a wage above $18, the income effect dominates the substitution effect. ii. at a wage below $18, the substitution effect dominates the income effect. iii. at a wage above $18, the substitution effect dominates the income effect. iv. at a wage below $18, the income effect dominates the substitution effect.
I. The income effect outweighs the substitution effect at a pay higher than $18.
ii. The substitution impact outweighs the income effect at a pay of less than $18. true .
He substitution effect describes how changes in relative income and prices have an impact on consumption, whereas the income effect expresses the impact of increased purchasing power on consumption. These economic ideas relate to market shifts and how they affect consumer spending habits on goods and services. These market shifts have diverse effects on various goods and services. When incomes rise, some goods—referred to as lesser goods—are typically purchased less frequently. Contrary to inferior items, consumer expenditure on normal goods normally rises with greater purchasing power.
Learn more about substitution here :
https://brainly.com/question/10423146
#SPJ4
What is the total amount earned by an employee before deductions are subtracted called? A. biweekly
B. FICA
C. gross pay
D. net pay
E. Payroll Tax Update Service
F. SDI
The total amount earned by an employee before deductions are subtracted is called "gross pay."
Gross pay is the total amount of money that an employee earns before any deductions, such as taxes or benefits, are taken out. It represents the full amount of an employee's salary or wages for a given pay period, whether it's weekly, biweekly, or monthly. Gross pay is important because it determines how much an employee will receive as their net pay, which is the amount of money they actually take home after all the deductions are made. Understanding the difference between gross pay and net pay is essential for both employees and employers to ensure that workers are paid accurately and fairly for their work.
learn more about gross pay at :
brainly.com/question/13143081
#SPJ4
a property owner is interested in providing financing on a residential property for a buyer. a contract is written where the property owner will retain title to the property until the buyer has paid the owner in full. once paid, the owner will deliver title to the buyers. this type of sales contract is called a
A land contract or a contract for deed are frequent names for the kind of sales deal depicted in the scenario.
In a land contract, the owner of the property assumes the role of the lender and offers finance to the buyer, who consents to make consistent payments to the owner over a predetermined period of time. Until the buyer completes all of the contractually required payments, the owner retains title to the property; after that, the buyer receives ownership. Buyers who might not be eligible for conventional financing or who prefer a more flexible payment plan can find this form of arrangement useful. However, it also has hazards for both parties, including the potential for buyer default or nonpayment as well as the danger of property damage or depreciation throughout the payment period.
learn more about Land contract here:
brainly.com/question/28222445
#SPJ4
spensa corporation was established this year and had the following transactions: a. issued common stock to investors (example) value: $ 90,000 b. purchased inventory on account value: $ 23,000 c. borrowed cash from a local bank value: $ 15,000 d. sold merchandise to customers. gross profit on sale is 57.6% sales amount: $ 12,500 e. dividends were paid to common shareholders dividends: $ 1,000 f. purchased land for cash value: $ 11,000 g. incurred selling expenses paying one fourth in cash and putting the remainder on account amount: $ 4,000 h. paid off the local bank loan and also paid 10% in interest loan: $ 5,000 i. earned interest from the savings account at the local bank amount: $ 500 j. collected amounts owed from customers amount: $ 2,000 required: complete the table in the spreadsheet for each transaction showing the effect on the balance sheet and income statement. leave unaffected cells blank and use positive and negative numbers for increases and decreases. be sure to enter a formula to calculate column totals, the accounting equation, and net income. tip: create formulas for the total row and the accounting equation before posting transactions. use the open excel in new tab button to launch this question. when finished in excel, use the save and return to assignment button in the lower right to return to connect.
Net income is calculated as the difference between total revenue and total expenses (including cost of goods sold and selling expenses).
To complete the table for each transaction, you need to identify which accounts are affected and whether they increase or decrease. Here are some guidelines for each transaction:
a. Issued common stock to investors: Increase cash and increase common stock.
b. Purchased inventory on account: Increase inventory and increase accounts payable.
c. Borrowed cash from a local bank: Increase cash and increase notes payable.
d. Sold merchandise to customers: Increase accounts receivable and increase sales revenue. To calculate the cost of goods sold, you need to multiply the sales amount by the gross profit percentage (1 - 57.6% = 0.424) and record the result as a debit to cost of goods sold and a credit to inventory.
e. Dividends were paid to common shareholders: Decrease retained earnings and decrease cash.
f. Purchased land for cash: Increase land and decrease cash.
g. Incurred selling expenses: Increase selling expenses and either increase accounts payable (for the portion on account) or decrease cash (for the portion paid in cash).
h. Paid off the local bank loan and also paid 10% in interest: Decrease notes payable and decrease cash for the loan amount. Decrease interest expense and decrease cash for the interest payment.
i. Earned interest from the savings account at the local bank: Increase interest income and increase cash.
j. Collected amounts owed from customers: Decrease accounts receivable and increase cash.
Once you have recorded the transactions in the table, you can calculate the totals for each column and use the accounting equation (Assets = Liabilities + Equity) to check that the transactions balance.
To know more about net income:
https://brainly.com/question/15519247
#SPJ4
which of the following criteria will contribute toward qualifying a taxpayer for head of household status? (check all that apply.) multiple select question. have lived with a qualifying person in the taxpayer's home for more than half the year be a qualifying widow or widower be married with a spouse that is not employed outside the home be unmarried (or considered unmarried under the abandoned spouse provisions) at the end of the year provide over half the cost of maintaining a household for a dependent parent not living with the taxpayer pay more than half the costs of keeping up a home for the year
Option a, b, c & f. The following criteria will contribute toward qualifying a taxpayer for head of household status.
- Living with the beneficiary in the taxpayer's home for at least six months.
- Be unmarried at the end of the year (or be considered unmarried under the Spousal Abandonment Regulations).
- Provides more than half of household costs for dependent parents who do not live with the taxpayer.
- Pay more than half of your annual home maintenance costs
A taxpayer is an individual or entity that is required/needed to pay taxes to a federal, state, or local government.
Individual and corporate taxes are the main source of government revenue. In the United States, individual taxpayers are typically required to file and pay both federal and state tax returns annually.
To learn more about taxpayer, here:
https://brainly.com/question/13092166
#SPJ4
Complete question:
Which of the following criteria will contribute toward qualifying a taxpayer for head of household status?
a. Have lived with a qualifying person in the taxpayer's home for more than half the year
b. Be unmarried (or considered unmarried under the abandoned spouse previsions ) at the end of the year
c. Provide over half the cost of a household for a dependent parent not living with the taxpayer
d. Be married with a spouse that is not employed outside the home
e. Be a qualifying widow or widower
f. Pay more than half the costs of keeping up a home for the year
was the argument today between neil and susan the true conflict or a symptom? what evidence do you have to suggest it is merely a symptom of a larger problem? 2. explain how differentiation plays a large role in the problems that exist between susan and neil. 3. develop a conflict management procedure for your meeting in 30 minutes. create a simple script to help you anticipate the comments you are likely to hear from both parties. 4. which conflict resolution style is warranted in this case? why? how might some of the other resolution approaches be inadequate in this situation?
When one state provides a certain person with protection that another state does not, there is a real conflict when the court of the state that does not provide the protection is asked to apply the law of the state providing the protection.
What is a true conflict?A real dispute needs to be settled. It will become larger and have a bad effect if it is not resolved. Your kid is struggling with drug use. You and the child's other parent disagree on how to step in. The youngster is not assisted since there is no intervention. This really is a conflict. A grant proposal must be written by you and your coworker.
The best way to prepare the proposal and how much time you should devote to it are in dispute. As a result, there is a chance that the proposal won't be top-notch and won't be finished on time. Therefore, there is a chance that your company won't get this crucial funding. This really is a conflict.
Learn more about the true conflict here:
https://brainly.com/question/14925198
#SPJ1
During the final stage of the consumer buying decision process, a person might experience cognitive dissonance, which is _______.
During the final stage of the consumer buying decision process, a person might experience cognitive dissonance, which is doubts in the buyer's mind about whether purchasing the product was the right decision.
What does cognitive dissonance look like in practice?Consume meat When thinking about the origins of their meat, some people who consider themselves to be animal lovers may experience uneasiness. It's known as the "meat paradox" by some academics.
Is it healthy to experience cognitive dissonance?Cognitive dissonance actually keeps us cognitively healthy and happy, despite what some people may believe. Particularly if our decisions cannot be readily undone, it may help us feel content with them—or at the very least, allow us to defend them.
To know more about cognitive dissonance visit:
https://brainly.com/question/11732168
#SPJ4
an inward shift of the production possibilities frontier represents question content area bottom part 1 a. a rise in the unemployment rate. b. positive economic growth. c. negative economic growth. d. technological improvement.
A downward movement of the benchmark yield frontier, which is shown by the query content area bottom half, signifies negative economic growth and a rise in the jobless rate.
What is economic growth?Economic growth is defined as an increase in product and service output. Changes in the labor, technology, physical assets, and social capital can all have an impact on economic growth.
Why is economic expansion crucial?The economy's growth boosts capacity and the availability of public goods. The power and resources required to deliver the public goods that their people require, such as care, school, safety nets, and basic public services, are won when incomes rise and states are able to tax that cash.
To know more about economic growth visit:
https://brainly.com/question/15117443
#SPJ4
44.0% complete question all of the following are advantages of profit sharing plans to businesses and business owners except: a.allows discretionary contributions. b.must limit withdrawal flexibility. c.controls benefit costs. d.may provide legal discrimination in favor of older owner-employees.
A profit-sharing plan has the following benefits for companies and company owners, WITH THE EXCEPTION of permitting discretionary contributions.
What benefits do profit-sharing plans offer?Revenue investments are eligible for deduction up to 25% of the total remuneration paid to all employees during the taxable year since they are a qualified retirement plan. Profit-sharing contributions can thereby reduce a company's tax liabilities while raising employees' retirement savings, which is undoubtedly a win-win situation.
What are the benefits and drawbacks of profit-sharing?Tax deferrals and their potential use as performance incentives are two benefits of profit sharing schemes. The drawback of profit sharing schemes is that employer payments are optional and not required or guaranteed.
To know more about discretionary Visit :
https://brainly.com/question/13085410
#SPJ1
the lack of profit in the introductory stage of the product life cycle is very often the result of . group of answer choices d. the large investment costs in product development c. a lack of wholesaler support e. ineffective execution of the marketing program a. pricing the product too low in an attempt to quickly gain market share b. targeting the wrong target market segment
The lack of profit in the introductory stage of the product life cycle is very often the result of pricing the product too low in an attempt to quickly gain market share. So, the correct option is A.
During the introductory stage of the product life cycle, the focus is on creating awareness and generating interest in the product among consumers. This requires significant investment in marketing and product development. Since the product is new, it may not have an established customer base, and sales may be slow in the beginning.
One common mistake that companies make during this stage is to price the product too low in an attempt to quickly gain market share. This may seem like a good strategy to increase sales volume and gain a foothold in the market, but it can have negative long-term consequences.
However, pricing the product too low in an attempt to quickly gain market share can lead to lower profit margins or even losses, which can be detrimental to the long-term success of the product. It is important to strike a balance between gaining market share and achieving profitability in the early stages of the product life cycle.
To learn more about life cycle click on,
https://brainly.com/question/29432612
#SPJ4
Complete question is:
The lack of profit in the introductory stage of the product life cycle is very often the result of .
a. pricing the product too low in an attempt to quickly gain market share
b. targeting the wrong target market segment
c. a lack of wholesaler support
d. the large investment costs in product development
e. ineffective execution of the marketing program
what are the effects of the following spanish economic policies on the lives of the filipinos? encomienda 1. 2. tributo 1. 2. forced labor 1. 2.
The effects of the following Spanish economic policies on the lives of the Filipinos are -
1. Encomienda - It was a policy implemented by Spain on their colonies in the 16th century. In this system, the Spanish government granted land to encomienderos who in turn granted the right to demand tribute from the people giving on the land. The tribute can be in form of goods or labor and this has a significant impact on the lives of indigenous people.
2. Tributo - It was a system under which the Spanish government put taxes on the people of the Philippines during the colonial system. It was a heavy burden on the Filipino people. It also contributed to the social exploitation of the Filipino people.
3. Forced labor - The forced labor was for forty (40) days including men from 16 to 60 years of range. If someone doesn't want to do forced labor he can pay a fine for that.
To know more about the Spanish colonies -
brainly.com/question/14333222
#SPJ4
You walk into a job interview, and the hiring manager leads with the question, "So, tell me, straight up: What is your biggest weakness as it pertains to this job?" How do you respond?
In this case I would try and make it seem something that can also be a strength (think too hard working). For a interview you would want to make yourself seem hard working but not seem like you try so hard that it seems like you are lying on the resume (I hope I explained this alright)
which term describes the process of examining the actions required for a product to be made or a service to be provided? multiple choice question. lean production work-flow design organization structure centralized design
The term "work-flow design" refers to the practice of analyzing the steps necessary to produce a something or deliver a service.
What is work flow, and give an example?Workflow is the sequence of actions required to finish an activity. Except the first and final steps, each phase in a process has a distinct step preceding it and a distinct step after it. An external event often starts the first stage in a linear workflow.
A work flow structure: what is it?When a business process is described in enough depth for a workflow system to be to carry it out directly, it is referred to as a workflow and workflow model. The tasks that make up a workflow model are linked together in the shape of a graph structure.
To know more about work-flow design visit:
https://brainly.com/question/4430860
#SPJ1
How will I know when my loans are forgiven?
According to White House announcement, borrowers who are single and make less than $125,000 annually or who live in households that make less than $250,000 annually eligible for a $10,000 loan forgiveness.
What does the forgiveness of a loan mean?The removal of a borrower's responsibility to repay all or part of a loan is known as loan forgiveness, cancellation, or discharge. The term "forgiveness" or "cancellation" is typically used to describe situations when you are no longer needed to make loan payments because you worked in the nonprofit or public sector.
Who may be forgiven of their school loans?According to a White House announcement, borrowers who are single and make less than $125,000 annually or who live in households that make less than $250,000 annually are eligible for a $10,000 loan forgiveness. Forgiveness will total $20,000 for borrowers who meet the income limits and had Pell Grants during their undergraduate studies.
To know more about loan forgiveness visit:
https://brainly.com/question/21098572
#SPJ4
in an ad/as model: a.the gdp deflator always slopes upwards. b.the potential gdp always slopes downwards. c.the cpi is shown on the vertical axis. d.real gdp is shown on the horizontal axis.
The correct answer is b .the potential gdp always slopes downwards.The GDP deflator quantifies price inflation or deflation in proportion to a specific base year, with the GDP deflator
The money price of all recently produced, locally sourced final goods and services over the course of a year is measured in relation to their real value using the GDP deflator, also known as the implicit price deflator. It can be used to determine the value of money. The entire monetary value of all finished goods and services produced on a country's territory over a certain time period is known as the gross domestic product, or GDP (quarterly or annually).The GDP deflator quantifies price inflation or deflation in proportion to a specific base year, with the GDP deflator of the base year itself being equal to 100, just as the consumer price index (CPI). Unlike to the CPI, the GDP deflator is not based on.
Learn more about gdp deflator:
https://brainly.com/question/14868990
#SPJ4
Matthew quit his job at state university where he earned $45,000 a year. To start a board game company, he cashed in his savings account that was earning $5,000 in interest annually. In the first year, the firm sold 10,000 units of his new board game at a price of $30 for each unit. The board game costs $10 each for production, packaging, marketing, employee wages and benefits, and rent on the production facility. The economic profits of matthew's firm in the first year were:
According to the data given in the question, the economic profits of Matthew's firm in the first year were $155,000.
To calculate the economic profits of Matthew's board game company, we need to calculate the total revenue and the total costs of producing and selling 10,000 units of the board game.
Total Revenue:
The total revenue is the number of units sold multiplied by the price per unit, so:
Total Revenue = 10,000 * $30 = $300,000
Total Costs:
The total costs include the variable costs of producing each unit and the fixed costs of running the production facility. The variable cost per unit is $10, and the fixed costs are the sum of all other expenses, which we will assume are also $45,000, the same as Matthew's previous salary.
Variable Costs = 10,000 * $10 = $100,000
Fixed Costs = $45,000
Total Costs = Variable Costs + Fixed Costs = $100,000 + $45,000 = $145,000
Now, we can calculate the economic profits by subtracting the total costs from the total revenue:
Economic Profits = Total Revenue - Total Costs
= $300,000 - $145,000
= $155,000
Therefore, the economic profits of Matthew's firm in the first year were $155,000.
Know more about economic profits - https://brainly.com/question/13528597
#SPJ4
the work in process inventory account of a manufacturing company has a $7,728 debit balance. the company applies overhead using direct labor cost. the cost sheet of the only job still in process shows direct material cost of $2,800 and direct labor cost of $1,600. therefore, the company's predetermined overhead rate is: multiple choice 175% of direct labor cost. 57% of direct labor cost. 208% of direct labor cost. 119% of direct labor cost. 48% of direct labor cost.
Answer is 208% of direct labor cost.
To calculate the predetermined overhead rate using direct labor cost, we need to divide the total estimated manufacturing overhead cost by the total estimated direct labor cost.
We are given that the work in process inventory account has a $7,728 debit balance, and the only job still in process has direct material cost of $2,800 and direct labor cost of $1,600. This means that the total manufacturing overhead applied to the job is:
Manufacturing overhead = Total cost - Direct material cost - Direct labor cost
Manufacturing overhead = $7,728 - $2,800 - $1,600
Manufacturing overhead = $3,328
We also know that the direct labor cost is $1,600. Therefore, we can calculate the predetermined overhead rate as follows:
Predetermined overhead rate = Estimated manufacturing overhead cost / Estimated direct labor cost
Predetermined overhead rate = $3,328 / $1,600
Predetermined overhead rate = 208% of direct labor cost.
Therefore, the answer is 208% of direct labor cost.
learn more about work in process at :
brainly.com/question/14756495
#SPJ4
When income changes, ________ can either increase or decrease
When income changes, consumption can either increase or decrease.
Why do Consumption Increase or Decrease When Income changes?This is because consumption is directly related to income. When people have more income, they tend to spend more on goods and services.
Conversely, when people have less income, they tend to spend less on goods and services. This relationship between income and consumption is known as the income effect.
Therefore, When income changes, consumption can either increase or decrease.
Learn More about Income at https://brainly.com/question/14732695
#SPJ11
System developers can initiate a formal project as early as the preliminary investigation stage, or later on, as analysis, design, and implementation activities occur.A. True
B. False
The correct option is A. This statements is True. System developers can start a formal project as early as the preliminary investigation phase.
This is when the developer begins to evaluate the current system and identify the needs and at the same time requirements for improving the system. During this phase, the developer would also create a project charter that outlines the overall project goals along with timeline for completion. After the preliminary investigation phase is completed, the project can move to analysis, design and implementation. Once the system is deployed, the project is complete and the system is ready for use.
To know more about system developers click here
https://brainly.com/question/13042526
#SPJ4
your aunt lent you money, and you agreed to pay her back within six months. you offer to pay her the rate of interest of 0.5% per month. you will be able to pay her $70 next month, $85 each of the next two months, and then $90 each month for months 4 through 6. how much can you borrow from her?
$500.90 Your aunt borrowed you some money, and you agreed to reimburse her over the course of six months. You suggest paying her a 0.5% interest payment each month. The following months, you can give her $70, $85 and finally only $90 each month from weeks at least four through six.
What is the name for providing money to people in exchange for repayment in the future?A loan is a financial arrangement whereby a sum of money is lent to another party in return for the principal or value of the loan becoming repaid at a subsequent date. Frequently, the lender raises the principal amount by including additional or finance expenses, which the borrower is required to pay in addition to the principal amount.
What do you nickname a borrower who misses a payment on their loan?When a person is unable to repay a loan or other sum of money received, that individual is called to as "bankrupt." Answer A is the appropriate answer as a result. A borrower who has defaulted on a loan is referred to as
To know more about interest payment Visit:
https://brainly.com/question/30408540
#SPJ1
the panic of 1873 a saw president grant favor putting more paper currency into circulation b began after the southern crop-lien system collapsed c saw republicans call on grant to go off the gold standard d was the nation's worst economic depression to that time
was the nation's worst economic depression to that time. so the option D is the correct answer.
The Panic of 1873 was an economic depression that began in the United States and quickly spread to Europe and other parts of the world. It was triggered by a series of events, including the collapse of several major banks, the failure of investment companies and the railroads, and a decline in silver prices.
The panic was preceded by a period of rapid economic expansion and speculation, fueled by the growth of railroads and the mining industry. The expansion led to an overproduction of goods, which caused prices to fall, and the over-extension of credit, which left many businesses and individuals in debt.
The Panic of 1873 lasted for several years and had a significant impact on the global economy.
learn more about economic depression here
https://brainly.com/question/12728680
#SPJ4
complete question:
The Panic of 1873
A. began after the Southern crop-lien system collapsed.
B.saw Republicans call on Grant to go off the gold standard.
C.began after revelations of corruption in the Grant administration.
D.was the nation's worst economic depression to that time.
E.saw President Grant favor putting more paper currency into circulation.
what would be the impact of a decision by the federal reserve to raise the discount rate or raise the reserve requirement for banks? quozlet
The impact of a decision by the Federal Reserve to raise the discount rate or raise the reserve requirement for banks is likely to be contractionary, as it reduces the availability of credit and can slow down economic growth.
If the Federal Reserve were to raise the discount rate or the reserve requirement for banks, it would have the following impacts:
Increased borrowing costs: When the discount rate is raised, it becomes more expensive for banks to borrow money from the Federal Reserve, and this cost is usually passed on to customers. Higher borrowing costs can lead to a decrease in borrowing and investment by businesses and individuals, which can slow down economic activity.
Decreased money supply: When the reserve requirement is raised, banks are required to hold a larger percentage of their deposits in reserve, which means they have less money available to lend. This can lead to a decrease in the money supply, which can also slow down economic activity.
Increased interest rates: Both actions can lead to an increase in interest rates in the broader economy, as banks pass on their increased borrowing costs to customers, and lending becomes more scarce. Higher interest rates can impact consumer spending, borrowing, and investment, which can have a ripple effect on the broader economy.
Overall, the impact of a decision by the Federal Reserve to raise the discount rate or raise the reserve requirement for banks is likely to be contractionary, as it reduces the availability of credit and can slow down economic growth. However, it can also help to prevent inflation and maintain price stability in the long run.
To learn more about Federal Reserve please click on below link.
https://brainly.com/question/3603615
#SPJ4
true or false: if you invest $1,000 and earn compound interest, the dollar amount of your annual interest payment will increase each year.
The statement is True. If you invest $1,000 and earn compound interest, the dollar amount of your annual interest payment will increase each year.
Interest in economics refers to the price that a borrower pays to a lender for using their money. It is one of the key components of the financial system and plays a critical role in driving economic growth and development. In essence, interest is the cost of borrowing and the reward for lending money.
Economists and policymakers are always keenly interested in interest rates as they have a significant impact on economic activity. Interest rates affect the behavior of consumers and businesses, influencing spending, investment, and saving decisions. Changes in interest rates can also affect the value of currencies, stock markets, and bond markets.
To learn more about Interest visit here:
brainly.com/question/30393144
#SPJ4
Calculate the break-even point for a new toy that costs $12 to make and market and that will be sold for $15. The total quantity that will be sold at that price is 200,000.
The break-even point for new toy that costs $12 to make and the market and that will be sold for $15 is 2%.
What is break-even point?The break-even point is a critical concept in business that indicates the level of sales or revenue necessary to cover all the costs associated with a product or service. It is the point at which the total revenue earned equals the total cost of producing and delivering the product or service. At this point, there is no profit or loss, and the business is said to be "breaking even." The break-even point is calculated by dividing the total fixed costs by the contribution margin per unit. The contribution margin is the difference between the price of the product and the variable cost of producing it. Understanding the break-even point helps businesses make informed decisions about pricing, production, and marketing strategies to achieve profitability.
Variable costs = Price - Fixed costs = $15 - $12 = $3 (per unit)
Break-even point = $12 / ($15 - $12) = $12 / $3 = 4,000 units
Break-even point will be reached when= 4,000 units / 200,000 units = 0.02 or 2%
Therefore, break-even point for new toy is 2% of total quantity sold, which is equivalent to 4,000 units.
To learn more about break-even point, visit:
https://brainly.com/question/13680956
#SPJ1
a company has a capital project with before-tax cash inflows in real dollars that are expected to be $200,000 within two years. the inflation rate is expected to be 6% each year during that period. what is the before-tax cash inflow expressed in nominal dollars?
A business has a capital project that will bring in before-tax actual cash inflows of 200,000 within the next two years. During that time, inflation is anticipated to be 6% annually.
According to COSO, what distinguishes inherent risk from residual risk?The risk to an organization from inherent risk is what happens if management does nothing to change the likelihood or effects of a catastrophic event. The risk to an organization that remains even after management has taken steps to lessen the possibility or impact of a negative event is known as residual risk.
What are the four risk response categories?Due to their familiarity with the four typical risk response techniques (for threats) of avoid, transfer, mitigate, and accept, project managers and risk practitioners,
To know more about capital visit:
https://brainly.com/question/30319680
#SPJ4
let's look at the market for strawberries. what happens to the market price and quantity of strawberries, if the following two events occur: a. a severe drought causes the strawberry harvest to be much less than normal. b. the price of raspberries, a substitute product, increases.
Option A and B. The equilibrium price will increase due to the decrease in supply caused by the drought, but the increase in price of raspberries may partially offset this effect by encouraging some consumers to switch from strawberries to raspberries.
A. If a severe drought causes the strawberry harvest to be much less than normal, the supply of strawberries will decrease, which will shift the supply curve to the left. This will result in an increase in the equilibrium price and a decrease in the equilibrium quantity of strawberries.
B. If the price of raspberries, a substitute product, increases, some consumers may switch from buying strawberries to raspberries, reducing the demand for strawberries. This will shift the demand curve for strawberries to the left, resulting in a decrease in the equilibrium price and quantity of strawberries.
Overall, the net effect on the equilibrium price and quantity of strawberries will depend on the relative magnitude of the shifts in the demand and supply curves resulting from each event. However, in this case, both events will lead to a decrease in the equilibrium quantity of strawberries. The drought will lead to a decrease in supply, while the increase in the price of raspberries will lead to a decrease in demand.
To learn more about equilibrium price please click on below link.
https://brainly.com/question/28527601
#SPJ4
Let's look at the market for strawberries. what happens to the market price and quantity of strawberries, if the following two events occur:
A. a severe drought causes the strawberry harvest to be much less than normal.
B. the price of raspberries,
C. a substitute product,
D. increases.
Using a credit card is the same as what?
A. Paying with money from your checking account.
B. Taking out a loan each time you charge.
C. Paying with money from your savings account.
D. Paying with cash.
