All of these factors affect supply EXCEPT:

Zach wants to take his family on a cruise in 4 years and he estimates the cost of the cruise will be $16,500. How much money sho

Law Incorporation [45]

Answer:

$118.83 per month that Zach must save.

Explanation:

This is a future value annuity as we know the cruise will cost $16500 in 4 years time as estimated by Zach for the cruise.

Fv is the future value for the annuity which is $16500

we also have i the interest rate which is 3.99% monthly

n is the number of periods in which the monthly amount is saved 4 x 12 =48

now we will substitute to the following formula and solve for C the monthly payments that Zach saves for the cruise:

Fv =C [((1+i)^n -1)/ i] now we substitute

$16500 = C[((1+3.99%)^48 -1)/3.99%)] then solve for C

$16500/[(1+3.99%)^48 -1)/3.99%] = C

C = $118.83 that Zach must save per month for 4 years to afford the cruise.

6 0

2 years ago

What is the difference between a change in aggregate supply and a change in aggregate output supplied?

trapecia [35]

The aggregate demand curve, like most typical demand curves, slopes downward from left to right. Demand increases or decreases along the curve as prices for goods and services either increase or decrease. In addition, the curve can shift due to changes in the money supply, or increases and decreases in tax rates.

4 0

2 years ago

Many consumers are unhappy with the pervasiveness of marketing. They point out that advertising messages are everywhere, from we

scoray [572]

Answer:

E. Cultural pollution.

Explanation:

In marketing terminologies, cultural pollution implies pertaining to customs, beliefs, art and all the other products of human thought made by a particular group of people at a particular time. Culture provides a sense of identity; it defines who you are and maintains a sense of belonging. It validates our reason for being in this world, defining where we are headed in our lives. Cultural rules influence people to behave similarly, making it easier for them to identify with each other. It shapes attitudes, thinking, behavior and values. It is also normative, defining the standard for judging values and behavior.

3 0

2 years ago

Read 2 more answers

An investor company owns 30% of the common stock of an investee company. The investor has significant influence over the investe

MAVERICK [17]

Answer:

Income for investee during the year ended December 31th 2019: $ 17,200

Explanation:

Purchase value 525,000

Equity proportion: 1,500,000 30% = (450,000)

Goodwill 75,000

Transactions during the year:

income 60,000 x 30% = 18,000

dividends 15,000 x 30% = (4,500)

unrealized profit 2018:

30,000 = cost (1.25)

30,000 / 1.25 = 24,000

gross profit 6,000

unrealized gain: 6,000 x 30% = (1,800)

unrealized profit 2019:

40,000 = cost (1.25)

40,000/1.25 = cost

cost = 32,000

gross profit: 40,000 - 32,000 = 8,000

proportion of unrealized gain:

8,000 x 30% = (2,400)

profit for 2018 realized 1,800

net adjustment 600

income from investee:

18,000 - 600 (net unrealized gain) = 17,200

6 0

2 years ago

Emma's Electronics Incorporated has total assets of $63 million and total debt of $39 million. The company also has operating

Annette [7]

Answer:

(a) 62%

(b) 3.83 times

(c) Yes

Explanation:

(a) Ellie's debt ratio:

= Total Debt ÷ Total assets

= $39 million ÷ $63 million

= 0.62 or 62%

(b) Ellie's times interest earned ratio:

= Interest ÷ EBIT

= $23 million ÷ $6 million

= 3.83 times

(c) Yes, it has enough times interest ratio.

If Interest expenses increased to $7 Million, then

Company could easily raise more debt to finance additional funding needs.

6 0

2 years ago