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3 years ago

15

Given job losses in U.S. manufacturing, some Americans have called for an increase in tariffs on Chinese products coming into Am

erica. If higher tariffs are imposed on clothing produced in China, the price of clothing in America would

1 answer:

Firdavs [7]3 years ago

6 0

Answer:

The price of clothing in America will increase

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XYZ stock price and dividend history are as follows: YearBeginning-of-Year PriceDividend Paid at Year-End2015 $130 $5 2016 144 5

Rina8888 [55]

Answer:

Arithmetic mean = 3.67%

Geometric mean = 3.02%

Explanation:

The following sorted data are given in the question:

Year Beginning-of-Year Price Dividend Paid at Year-End

2015 $130 $5

2016 144 5

2017 120 5

2018 125 5

Therefore, we have:

Arithmetic average return = Sum of returns/ number of years ………....….. (1)

Geometric average return = n * ((1+r1)*(1+r2)*(1+r3)…(1+rn)^(1/n) - 1 .……….. (2)

Where;

n = years 1, 2, 3….

r1, r2, r3… are the returns for year 1, 2, 3….

Return for each year = ((Current year Beginning-of-Year Price – Previous year Beginning-of-Year Price) + dividend) / Previous year Beginning-of-Year Price .................... (3)

Using equation (3), we have:

2016 Return = ((144 - 130) + 5) /130 = 0.146153846153846

2017 Return = ((120 - 144) + 5) /159 = -0.119496855345912

2018 Return = ((125 - 120) + 5) /120 = 0.0833333333333333

Using equation (1), we have:

Arithmetic mean = (2016 Return + 2017 Return + 2018 Return) / 3 = (0.1461538461538460 - 0.1194968553459120 + 0.0833333333333333) / 3 = 0.0367, or 3.67%.

Using equation (2), we have:

Geometric mean = ((1 + 2016 Return) * (1 + 2017 Return) * (1 + 2018 Return))^(1/3) - 1 = ((1 + 0.146153846153846) * (1 - 0.119496855345912) * (1 + 0.0833333333333333))^(1/3) - 1 = 0.0302, or 3.02%

3 0

3 years ago

Assume that a machine has a useful life of 9 years, and it loses its real value at a constant rate (i.e. 1/9 of the original val

weeeeeb [17]

Answer:

$52,435.00

Explanation:

After 3 years the future value of 100,000 at 6 percent will be

FV = PV × (1+r)n

=FV = 100,000 x (1 +0.06)3

FV = 100,000 x 1.191016

FV = 119, 101.60

The interest will be 119, 101.60 - 100,000

=19,101.60

The depreciation over 9 year period, per year will be

=1/9 x 100,000

=11, 111.11 per year

3 year depreciation = 33,333.33( 11,111.11 x 3)

The investment must generate at least

19,101.60 + 33,333.33

=$52,434.93

=$52,435.00

7 0

2 years ago

A survey of 50 retail stores revealed that the average price of a microwave was $375 with a sample standard deviation of $20. As

ohaa [14]

Answer:

True cost of the microwave is in 99% confidence interval: $c. $323.40 to $426.60$

Explanation:

Relevant data:

$n=50\\\mu=375\\\sigma=20\\\alpha=0,001$

As we want to know the 99% confidence interval, the significance level is:

$(1-\alpha).100\%=99\%\\1-\alpha=0.99\\\alpha=0.01$

We need to estimate a confidence interval by a two tailed normal bell. Then we have:

$Z_{\alpha/2}=Z_{0.005}$

The z-value for a probability of 0.005 in a normal standard distribution is 2.576

Confidence interval is given by;:

$\=x\±Z_{\alpha/2}\sigma\\375\±Z_{\0.005}(20)\\375\±(2.58)(20)\\375\±51.60$

$375+51.60=426.60\\375-51.60=323.40$

True cost of the microwave is in 99% confidence interval: $c. $323.40 to $426.60$

6 0

3 years ago

Role of central government in regional development

spin [16.1K]

Answer:

The central government is, essentially, the public body in charge of managing the nation's resources and controlling compliance with the laws. In other words, it applies its power within the entire national territory, but in turn delegating certain powers to state and local governments, which have a much stronger contact with the population of cities and states. Thus, within the regional development process in each nation, local and state governments are the main executors of development policies, but with the supervision and guidance of central governments.

7 0

2 years ago

Westerville Company reported the following results from last year’s operations:

Varvara68 [4.7K]

Answer:

Westerville Company

1. Last year's margin is:

= 20%

2. Last year's turnover is:

= $1,800,000

3. Last year's ROI is:

= 30%

4. The margin related to this year's investment opportunity is:

= 10%

5. The turnover related to this year's investment opportunity is:

= $360,000.

6. The ROI related to this year's investment opportunity is:

= 12%

7. The margin this year is:

= 18.33%

8. The turnover that it will earn this year is:

= $2,160,000

9. The ROI that it will earn this year is:

= 26.4%

Explanation:

a) Data and Calculations:

Last Year's This Year's Total

Sales $1,800,000 $360,000 $2,160,000

Variable expenses 435,000 108,000 543,000

Contribution margin 1,365,000 252,000 $1,617,000

Fixed expenses 1,005,000 216,000 1,221,000

Net operating income $360,000 $36,000 $396,000

Average operating assets $1,200,000 $300,000 $1,500,000

Minimum Required Rate of Return = 10%

= $120,000 $30,000 $150,000

1. Last year's margin = 20% ($360,000/$1,800,000) * 100

2. Last year's turnover = $1,800,000

3. Last year's ROI = 30% ($360,000/$1,200,000) * 100

4. The margin related to this year's investment opportunity is:

= 10% ($36,000/$360,000) * 100

5. The turnover related to this year's investment opportunity is $360,000.

6. The ROI related to this year's investment opportunity is:

12% ($36,000/$300,000)

7. The margin = 18.33% ($396,000/$2,160,000) * 100

8. The turnover that it will earn this year = $2,160,000

9. The ROI that it will earn this year = 26.4% ($396,000/$1,500,000) * 100

5 0

3 years ago