1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrews [41]
3 years ago
9

You have​ $675 today which is enough to buy 375 bottles of Diet Pepsi. If the price of Diet Pepsi is expected to increase by​ 4%

over the next​ year, what approximate nominal rate would you have to earn to be able to buy 400 bottles of Diet Pepsi next​ Year?
Business
1 answer:
slavikrds [6]3 years ago
8 0

Answer:

Nominal growth= 10.93%

Explanation:

Giving the following information:

You have​ $675 today which is enough to buy 375 bottles of Diet Pepsi. The price of Diet Pepsi is expected to increase by​ 4% over the next​ year.

First, we need to find the dollar amount necessary to buy 400 bottles:

Unitary cost= 675/375= $1.8

New unitary cost= 1.8*1.04= $1.872

Total cost= 400bottles*1.872= $748.8

Now we can calculate the nominal rate of growth:

r= [(748.8 - 675)/675]*100= 10.93%

You might be interested in
If Joel earns a 7 percent after-tax rate of return, $27,000 received in two years is worth how much today
steposvetlana [31]

Answer: $23571

Explanation:

For this question, we have to calculate the present value of $27,000 with the given rate and the time that have already been given in the question to know the worth tiday. This will then be:

= $27,000 x PVIF (7%, 2)

= $27,000 x 0.873

= $23,571

8 0
3 years ago
One perspective describes ________ as an integrative management field that combines analysis, formulation, and implementation in
VikaD [51]

Answer: strategic management

Explanation:

Strategic management is integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.

Strategic management simply had to do with the evaluation of business goals, vision of an organisation and objectives. For organizational goals to be achieved, effective strategies must be put in place.

6 0
3 years ago
Exercise 5-17 (Algorithmic) (LO. 4, 8) Rover Corporation would like to transfer excess cash to its sole shareholder, Aleshia, wh
CaHeK987 [17]

Answer:

The correct answer that a dividend is a better choice is . a. Regarding taxes, which would benefit Aleshia the most? The $114,000 dividend because after taxes she would have $ from the dividend and $ 86,640 from the bonus.

Explanation:

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business and pay a proportion of the profit as a dividend to shareholders.

A tax (from the Latin taxo) is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

5 0
3 years ago
What is one way you can get singled out as a leader by using body language?
Mashutka [201]

Answer:

Explanation:

In a group meeting or any setting that requires a leader, many body language signs can accidentally cause someone to be singled out or chosen as a leader. Such signs as smiling, making eye contact, good posture, assertive attitude, hand gestures, etc are all body language signs that give off confidence to those around you, and confidence is the main trait of a leader.

3 0
3 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Drupady [299]
True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
4 0
3 years ago
Other questions:
  • Investor Palmer has a diversified portfolio consisting of equity and debt valued at $365,000 at the start of the year. During th
    10·1 answer
  • Tandy Company was issued a charter by the state of Indiana on January 15 of this year. The charter authorized the following: Com
    12·1 answer
  • Purchasing a home usually requires ____ for the down payment
    13·2 answers
  • Strickland Company owes $202,900 plus $18,600 of accrued interest to Moran State Bank. The debt is a 10-year, 10% note. During 2
    10·1 answer
  • our company, Johnson Farm Products, has decided to expand its traditional business serving farm owners in order to include home
    11·1 answer
  • The investments in the Alamo Basics Contingency Fund have a current market value of $730 million. The fund also has liabilities
    5·1 answer
  • Suppose Big Bank offers an interest rate of 8.5​% on both savings and​ loans, and Bank A offers an interest rate of 9.0​% on bot
    7·1 answer
  • Sixx AM Manufacturing has a target debt—equity ratio of 0.55. Its cost of equity is 16 percent, and its cost of debt is 10 perce
    11·1 answer
  • If the U.S. nominal exchange rate declines and prices rise faster abroad than in the United States, the real exchange rate: a. d
    7·1 answer
  • Because it is needed for the schedule of expected cash collections, the annual master budget file includes the.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!