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STALIN [3.7K]
2 years ago
8

As a response to potential bankruptcy, who took over the daily management of flint, mi in 2011?

Business
1 answer:
denis-greek [22]2 years ago
6 0

As a response to potential bankruptcy, Michael Brown, an emergency manager took over the daily management of flint, in 2011.

The Flint water crisis started with a bankrupt city trying to save money. It ended with the declaration of a federal state of emergency after as many as 8,000 children were exposed to a poisonous element that will have lifelong effects on their brain and nervous systems.

Even before the lead crisis, Flint was struggling. About 40 percent of its residents live in poverty. Gov. Rick Michigan Snyder had appointed Michael Brown   an emergency manager, an unelected official with near-total control over the city's finances, because Flint was near bankruptcy.

To learn more about Flint here

brainly.com/question/23040788

#SPJ4

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Murljashka [212]

Answer:

CReative department?

Explanation:

6 0
3 years ago
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If mega corp. borrows $9,000 and agrees to pay the lender $10,500 in one year, the annual interest rate on this loan is approxim
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In simple interest, the interest rate is
i=(10500-9000)/9000=16.67%

In compound interest, compounded monthly,
10500=9000(1+i/12)^12
=>
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5 0
3 years ago
Tommy bought 35 shares of stock at $45.75 per share. He received dividends of $82.45 during the year. At the end of the year, hi
gogolik [260]

Answer:

10.57%

Explanation:

Return on investment is a profitability measure of gains realized from an investment. It is a ratio that shows how a business uses its resources to generate profits. Return on investment compares the net income against the initial investment.

ROI = Net Income / Cost of Investment

For Tommy,

The initial investment is 35 x $45.75 =$1,601.25

The gains from the investments

Dividends of $82.45

Gains in share value = 35 x ($48. 75 -$45.43)

35 x 2.48 =$86.8

Net gains will be $82.45 + $86.8= $169.25

ROI = $169.25/$1601.25

ROI =0.10569  X 100

=10.57%

5 0
3 years ago
Which is the most accurate definition of body language?
boyakko [2]

Answer:

b

Explanation:

b

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3 years ago
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Pretax accounting income for the year ended December 31, 2021, was $42 million for Truffles Company. Truffles' taxable income wa
Zielflug [23.3K]

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$13million

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3 years ago
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