Answer:
The correct answer would be option C, The price needs to increase.
Explanation:
In order to maintain a balance or equilibrium, there should always be a balance between the quantity demanded and the quantity supplied. If quantity demanded exceeds quantity supplied, it means people are demanding the product more and the supply of that product is not meeting the demand. In this scenario when there is more demand of a product than supply, the price of the product should increase in order to create a balance between the quantity demanded and supplied, because it is the law of demand that when demand increases, the prices of the product also increases and vice versa. So to maintain the equilibrium, the price of the product should increase. In this way demand will decrease and will reach a point where demand will meet the supply of the product.
Answer:
25.89%
Explanation:
With regards to the above information, initial earning = $0.50
Final earnings = $5.0
Number of periods = 10 years
We can formulate the above into an equation, which will now be:
$5.00 = $0.5 ( 1 + rate )^ 10
We can simplify furthermore.
1 + rate ^ 10 = 5 / 0.5
1 + rate ^ 10 = 10
1 + rate ^ 10 = 10^1/10
1 + rate = 10 ^ 0.1
1 t rate = 1.2589
rate = 1.2589 - 1
rate = 0.2589
rate = 25.89%
Therefore, the growth rate in earnings per share (EPS) over the 10 year period is 25.89% .
Answer:
D. are supported by a promissory note
Explanation:
Notes receivable defines as a written agreement or promise that is to be received in a future date
It is a mix or combination of both the principal and the interest
It is shown in the current asset side of the balance sheet and it contains the debit balance. Moreover, it is also supported by the promissory note.
Hence the correct option is d.
Answer:
APR would be 3.9607805% compounded semiannually
APR would be 3.9284877% compounded monthly
Explanation:
We calcualte consider these rates should be inancially equivalent to an equivalent rate of 4% annually.
<u>The semiannual compounding will capitalize two times:</u>
<u>The monthly will capitalize 12 times per year:</u>
![(1+APR/12)^12 = 1+EAR\\(\sqrt[12]{1.04} -1) \times 12 = 0.039284877](https://tex.z-dn.net/?f=%281%2BAPR%2F12%29%5E12%20%3D%201%2BEAR%5C%5C%28%5Csqrt%5B12%5D%7B1.04%7D%20-1%29%20%5Ctimes%2012%20%3D%200.039284877)
