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egoroff_w [7]
3 years ago
8

The price of an automobile is now $8325 which is 450% of its price seven years ago. What was the price of the car seven years ag

o?
Business
1 answer:
Vsevolod [243]3 years ago
3 0
1850 is the price of the car 7 years ago
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7 0
2 years ago
Kurt's Adventures, Inc. stock is quite cyclical. In a boom economy, the stock is expected to return 30% in comparison to 12% in
MAXImum [283]

Answer:

15.83%

Explanation:

Calculation to determine is the standard deviation of the returns on Kurt’s Adventures, Inc. stock

First step is to determine l E(r)

E(r) = (.30 *.30) + (.55 *.12) + (.15 *-.20)

E(r)= .09 + .066 -.03

E(r)= .126

Second step is to determine Var

Var = .30 *(.30 -.126)^2 + .55 *(.12 -.126)^2 + .15 *(-.20 -.126)

Var=0090828 +.0000198 + .0159414

Var= .025044

Now let determine the Std dev

Std dev = √.025044 = .15825

Std dev= 15.83 percent

Therefore the standard deviation of the returns on Kurt’s Adventures, Inc. stock.is 15.83 percent

6 0
3 years ago
Crane company produces flash drives for computers, which it sells for $20 each. the variable cost to make each flash drive is $1
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The break even level of sales is <span>$1400</span> +$13*n
7 0
3 years ago
Discuss how the need for control over foreign operations varies with firms’ strategies and core competencies. What are the impli
mart [117]

Answer:

- The core competence of a firm’s competitive advantage is based on control over proprietary technological and innovation know-how, licensing and joint venture arrangements should be avoided when necessary so as to avoid and minimize the risk of losing control over that technology. For firms with a competitive advantage based on management effectiveness, the risk of losing control over the management skills to franchisees or joint venture partners is not that welcomed or encouraged. However, many service firms favor a combination of franchising and subsidiaries to control the franchises within particular countries or regions. The subsidiaries may be wholly owned or joint ventures, but most service firms have believed that joint ventures with local partners works best for controlling subsidiaries.

6 0
3 years ago
If the Central Bank of Macroland puts an additional 1,000 dollars of currency into the economy, the public deposits all currency
FromTheMoon [43]

Answer:

a. 9,000; 10,000

Explanation:

The computation is shown below:

The money multiplier is

= 1 ÷ 0.10

= 10

Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.

And now if we considered the money multiplier, so it would be increased by

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Hence, the correct option is a.

4 0
3 years ago
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