Answer:C
Explanation: I have worked for 3 banks over the course of the last 10 years.
Answer:
$63.27
Explanation:
Calculation of how much should you pay on the stock today
First step
The Price of stock 19 years from now will be:.
20/0.075
= 266.67
Second step
The Price of stock today will be :
The price of stock from 19 years from now which is:
250 / (1.075)^19
=250/3.951489
=$63.27
Therefore how much should you pay on the stock today will be $63.27
Answer:
The answer is 235 days
Explanation:
Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.
Days' reveivables period or Average collection period = 365 days / reveivables turnover.
Receivables turnover = Sales/ average receivable
$9,800/$6,333
= 1.55
Average collection period=
365 days/1.55
=235 days
When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.
What is consumer surplus?
Consumer surplus occurs when a consumer pays a price that is lesser for a goods than the actual price they are willing to pay for a product.
Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.
Therefore, Frank sells a pie to jean instead of sarah,when the economic value created in society is lower because of the difference in consumer surplus.
Learn more on consumer surplus here,
brainly.com/question/3209988
