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sergij07 [2.7K]
2 years ago
12

n 2013, the price of gas was $3.60 per gallon, and in 2016, the price of gas was $2.05 per gallon. Since one would be spending l

ess on gas in 2016 than in 2013, one would have more to spend on other goods and services. All else the same, this is an example of the ________ effect.
Business
1 answer:
devlian [24]2 years ago
7 0

Answer:

Oil price

Explanation:

THe oil price effect states that when the oil price rises, most of the products that need oil to be produced or transported also will rise, and when oil price decreases most of the same products should also lower their prices, in this case gas is the one of the most related products to oil, since it is the main product of oil, and a decrease in the cost of oil will result in a direct decrease in the price of gas.

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How has the Timberland Company incorporated the four pillars of its corporate social
DENIUS [597]

Answer:

The four pillars are energy, product, workplace and service.

Please mark Brainliest

Explanation:

The Timberland Company have a tradition of Corporate Social Responsibility, Timberland have always been committed to environment and social sustainability. The four pillars of Timberland Company for Corporate Social Responsibility are Energy, Product, Workplace and Service.

Please mark as Brainliest

5 0
2 years ago
Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The
Llana [10]

Answer:

1. Year 1 expected value = $32.24

2. Required rate of return = 7.35%

Explanation:

1. For computing the stock price which is expected 1 year from now is shown below:

= Current Price × (1+rate)^number of years

= $31 × (1+0.04)^1

= $31 × 1.04

= $32.24

Hence, the expected 1 year value of stock price is $32.24

2. The required rate of return is computed by using an formula which is shown below:

= (Current Year dividend ÷ Current stock price)+ growth rate

where,

current year dividend is = D1

And, D1 = DO × (1+g)

where,

DO = previous dividend share

g = growth rate

So, $1 × (1+0.04)

= $1 × 1.04

= $1.04

Now apply these values to the above formula

So, required rate of return is equals to

= ($1.04 ÷ $31) + 0.04

= 7.35%

Hence, the required rate of return is 7.35%

5 0
3 years ago
Ajay borrowed $6000 cash from his friend Tim, *
ad-work [718]

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

6 0
2 years ago
You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t
icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

present value = $500,000 + ($144,000 x 13.40432 [PV annuity factor, 6.25%, 30 periods)] = $2,430,222

6 0
2 years ago
What makes australian economy so prosperous?
Setler79 [48]
<span>Capitalist economic policies caused Kenya's economy to prosper.</span>
3 0
3 years ago
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