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ArbitrLikvidat [17]

4 years ago

10

When people became less concerned with the underlying value of their houses and instead focused on the expectations of the price

s of their houses increasing, ________ occurred?

1 answer:

dangina [55]4 years ago

6 0

A housing bubble is the answer

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Which of the following would be counted in this year's GDP

emmasim [6.3K]

Answer:consumption, investment, government consumption and gross investment, and net exports.

Explanation:

8 0

3 years ago

Nombre Company management predicts $430,000 of variable costs, $970,000 of fixed costs, and a pretax income of $275,500 in the n

inn [45]

Answer:

The total amount of dollar sales for the next period is $1,675,500

The number of units to be sold next period is 23,500

Explanation:

The sales less the total cost gives the pretax income. The costs are the fixed and variable cost. Contribution margin is the sales less the variable cost. Hence the pretax income is the difference between the contribution margin and the fixed cost.

Let the total sales in dollars be G

G - $430,000 - $970,000 = $275,500

G = $275,500 + $430,000 + $970,000

G = $1,675,500

Hence the total contribution margin

= $1,675,500 - $430,000

= $1,245,500

Let the total number of units to be sold be t

$1,245,500 /t = $53

t = $1,245,500 /53

= 23,500

8 0

3 years ago

Read 2 more answers

Take It All Away has a cost of equity of 11.17 percent, a pretax cost of debt of 5.32 percent, and a tax rate of 40 percent. The

frozen [14]

Answer:

WACC=(Ke*E+D*Kd)/(E+D)

Explanation:

Ke (Cost of Equtiy)=11.17%

Kd (Cost of Debt)=5.32%

E (Market value of Equity)=?

D(Market Value of Debt)=65

If D market value is 31% of Total Market value of company so by grossing up D We get E+D=65/.31=210. So E=210-65=145

WACC=(Ke*E+D*Kd)/(E+D)

WACC=(11.17%*145+65*5.32%)/(145+65)

WACC=(16.2+3.5)/(210)

WACC=9.36%

3 0

3 years ago

Newell Company completed the following transactions in October:

olasank [31]

Answer:

a. Cash receive on Oct. 8 = $588

b. Cash receive on Oct. 16 = $1,261

c. Cash receive on Oct. 29 = $4,000

d. Cash receive on Oct. 27 = $1,176

e. Cash receive on Oct. 28 = $1,862

Explanation:

a. Oct. 8

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 8 = $600 - ($600 * 2%) = $588

b. Oct. 16

Since cash was received within 10 days, it qualified for the stated 3% discount. Therefore, we have:

Cash receive on Oct. 16 = ($1,700 - $400) - (($1,700 - $400) * 3%) = $1,261

c. Oct. 29

Since cash was received outside 10 days, it was NOT qualified for the stated 1% discount. Therefore, we have:

Cash receive on Oct. 29 = $5,000 - $1,000 = $4,000

d. Oct. 27

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 27 = ($1,400 - $200) - (($1,400 - $200) * 2%) = $1,176

e. Oct. 28

Since cash was received within 10 days, it qualified for the stated 2% discount. Therefore, we have:

Cash receive on Oct. 28 = ($2,300 - $400) - (($2,300 - $400) * 2%) = $1,862

7 0

3 years ago

Question 6 of 10

8_murik_8 [283]

Answer:

I. Consumer Reports: consumer advocacy publication.

II. Federal Trade Commission (FTC): competition regulator.

III. Food and Drug Administration (FDA): consumer protection agency.

Explanation:

I. Consumer Reports: consumer advocacy publication. It is a non-profit organization in the United States of America saddled with the responsibility of consumer advocacy, investigative journalism, product testing and the enlightening of the general public.

II. Federal Trade Commission (FTC): competition regulator. It is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.

III. Food and Drug Administration (FDA): consumer protection agency. It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.

7 0

3 years ago