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Nady [450]
2 years ago
15

At a given level of income, the average black american household has _______ as much wealth as does the average white american h

ousehold.
Business
1 answer:
Lunna [17]2 years ago
6 0

The average Black American household when compared to the average income of a White American household has less than 15% of it.

<h3>How bad is the wealth disparity in America?</h3>

On average, it is said that White American families earn about $142,500 while the average Black family earns $24,100.

This means that the Black family has less than 15% of the income that White American families pull in every year.

Find out more on America's wealth disparity at brainly.com/question/26734565.

#SPJ1

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A Japanese investor can earn a 1 percent annual interest rate in Japan or about 4.1 percent per year in the United States. If th
Whitepunk [10]

Answer: 97.99

Explanation:

The one-year forward rate that an investor would be indifferent between the U.S. and Japanese investments will be:

= Spot rate × (1 + Japanese rate / 1 + U.S rate)

= 101 × (1 + 1% / 1 + 4.1%)

= 101 × [(1 + 0.01) / (1 + 0.041)]

= 101 × (1.01/1.041)

= 101 × 0.9702209

= 97.99

4 0
3 years ago
The following information is for Redwood Inc. for the year ended December 31, 2016. Redwood had a cash and cash equivalents bala
Alchen [17]

Answer and Explanation:

The preparation of the cash flow statement using the direct method is presented below:  

                                         Redwood Inc.

                                     Cash flow statement

                        For the year ended December 31, 2016

Cash flow from operating activities

Cash Received from Customers $1,940

Interest on investments $220

Less: Interest on debt -$320

Less: Income tax -$84

Less: Purchase of inventory -$1,000

Less: Operating expenses -$520

Net cash provided by operating activities $236

Cash flow from investing activities  

Sale of land $120

Less: Purchase of equipment -$4,500

Net cash used by investing activities -$4,380

Cash flow from financing activities  

Sale of common stock $640

Issuance of debt securities $2,040

Less: Debt principal reduction -$1,540

Less: Dividends on common stock -$220

Net cash provided by financing activities $920

Decrease in cash -$3,224

Add: Beginning cash balance $5,600

Ending cash balance $2,376

The items which shows in a positive sign indicates the cash inflow and the items which shows in a negative sign indicates the cash outflow and the same is to be considered

5 0
3 years ago
Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, I
Arisa [49]

Answer:

15.4%

Explanation:

Calculation to determine your best guess for the rate of return on the stock

The revised estimate on the rate of return on

the stock would be:

Before

14% = α +[4%*1] + [6%*0.4]

α = 14% - 6.4%

α = 7.6%

With the changes:

7.6% + [5%*1] + [7%*0.4]

= 7.6% + 5% + 2.8%

= 15.4%

Therefore your best guess for the rate of return on the stock will be 15.4%

3 0
3 years ago
HealthWise Corporation has developed a new diet supplement to assist with weight loss. Which type of legal protection grants Hea
lidiya [134]

Answer:

True

Explanation:

Patent -

It refers to the legal rights given in order to sell , publish , manufacture the goods and services for a specified time period , is referred to as a patent .

The company or people has the legal right to sell or publish any others work .

These patents are approved by the government .  

It enables to provide the monetary value for the country , by designing and developing goods and services.

Hence , from the given scenario of the question ,

The correct term is patent .

5 0
3 years ago
Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
Illusion [34]

Answer:

$1,053.48

Explanation:

For computing the price of the bond we use the Present value formula which is to be shown in the attachment below:

Given that,  

Future value = $1,000

Rate of interest = 6.4%

NPER = 10 years  - 1 year = 9 year

PMT = $1,000 × 7.2% = $72

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

After applying the above formula, the price of the bond is $1,053.48

3 0
3 years ago
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