Answer:
$20,700
Explanation:
Data provided in the question:
Net Income = $25,100
Cash Provided by Operations = $32,500
Cash Sales = $64,600
Capital Expenditures = $9,600
Dividends Paid = $2,200
Now,
Swifty’ Free cash flow
= Cash Provided by Operations - Capital Expenditures - Dividends Paid
Thus,
Swifty’ Free cash flow = $32,500 - $9,600 - $2,200
or
Swifty’ Free cash flow = $20,700
I think it is Carry a risk of losing money (A)
Answer:
The probability is 1.
Explanation:
Despite that the he distribution is positively skewed, the distribution of sample means of one-bedroom apartments will still be a a normal distribution based on Central Limit Theorem.
Since we have
μ = mean = 2200
SD = standard deviation = 250
n = sample size = 50
Therefore,
Standard error = SD ÷ √n
= 250 ÷ √50
= 250 ÷ 7.07106781186548
= 35.3553390593274 approximately 35.36
Standardize xbar to z = (xbar - μ) ÷ (SD ÷ √n)
Therefore, we have:
P(xbar > 1,950) = P(z > (1,950 - 2200) ÷ 35.36)
= P(z > - 250 ÷ 35.36)
= P(z > -7.07) = 1
Therefore, the probability of selecting a sample of 50 one bedroom apartments is 1 which can be said to be certain.
Answer:
Price floor binding
b. price ceiling binding
price floor and binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
The minimum price of milk is above equilibrium price. So, it is a binding price floor
The maximum price of milk is below equilibrium price. It is binding price ceiling
If teenagers can't find jobs due to minimum wages law. It means that the minimum wage must be above equilibrium price. This is because it is when price is above equilibrium price that supply of labour outstrips demand. So, it is a binding price floor
Answer: A. there has been a major increase in the amount of transfer payments the government makes through programs such as Social Security and unemployment insurance.
Explanation:
Since the 1950s, the US government budget for Transfer Payments to Social Security Programs and Unemployment benefits has increased tremendously.
The main transfer payments are Disability and Pension/ Retirement payments and they have been on the rise since the 50s.
These Transfer Payments are both a show of Humanitarianism as well as a form of Economic Investment as they help stimulate the Economy during times or Economic Distress by pouring money into it.
A typical example would be the $1,200 that Congress voted to provide direct cash payments of which totaled around $250 billion in March this year to help Americans who were hit hard by the lockdowns that have crippled much of the American economy.
