Answer: c) Both economies grew at the same rate
Explanation:
The faster growing economy would be the one that saw a greater increase in Real GDP than the other.
Real GDP growth = Nominal GDP growth - Inflation growth.
Hyperpolis Real GDP growth = 15% - 12%
Hyperpolis Real GDP growth = 3%
Superpolis Real GDP growth = 6% - 3%
Superpolis Real GDP growth = 3%
<em>Both countries grew at the same rate of 3%. </em>
Answer:
Holding period return = 14.49%, Standard Deviation = 11.08 approx
Explanation:
Eco Scenario Dividend Stock Price HPR Prob Expected HPR
Boom 3 60 26 0.33 8.58
Normal 1.2 58 18.4 0.33 6.072
Recession 0.75 49 (0.5) 0.33 <u> (0.165)</u>
Expected HPR 14.49%
<u>Calculation Of Standard Deviation</u>
(A) (B) (A) - (B)
Given return Exp return d p 
60 50 3 26 14.49 11.51 0.33 43.718
58 50 1.2 18.4 14.49 3.91 0.33 5.045
49 50 0.75 (0.5) 14.49 14.99 0.33 <u> 74.15</u>
Total = 122.91
wherein, d = deviation
p = probability
Standard Deviation = 
= 
= 11.08
<u></u>
<u>Working Note</u>:
Holding period return = 
Boom = 
= 26%
Similarly, for normal = 
= 18.4%
Recession = 
= (0.5)%
figure in bracket indicates negative return
It's most likely true. Anyone over 64 is typically considered a senior or elder.
Answer:
The correct answer is Option A.
Explanation:
A. Losses on the sale of longminusterm assets are subtracted from net income - This is incorrect because on losses on sale of an asset are usually added to the net income to avoid double-counting of income. Under the investing section of the cash flows, the proceed received on disposal is recorded there as inflow, if the losses realized on the disposal are subtracted, there would be a double-counting because the losses had already reduced the net income before.
B. Increases in current liabilities are added to net income - This is an inflow of cash, so it is usually added back.
C. Depreciation expense is added to net income - The explanation under Option A above applies but only that depreciation is a non-cash item, which already reduced the net income and it has to be added back to reinstate the net income.
D. Gains on the sale of longminusterm assets are subtracted from net income - Explanation under Option A applies.
In this scenario, Barry would be classified as a(n) <u>A. aggressive</u> salesperson.
<u>Explanation</u>:
Barry works for a popular radio station as a sales representative. From his conversation in the above scenario it is clear that Barry is an aggressive salesperson.
One day Barry was discussing with the marketing manager of a larger retail store regarding their new ad program. Barry was clear that the ad will be broadcasted around the clock all over the town if they agree with their radio station. He told that the ad will be aired day after tomorrow if the manager is ready to sign today.
