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tamaranim1 [39]
3 years ago
11

Population growth: Suppose the world population today is 7 billion, and sup- pose this population grows at a constant rate of 3%

per year from now on. (This rate is almost certainly much faster than the future population growth rate; the high spreadsheet program to help you with this question.) rate used here is useful for pedagogy. If you like, you can use (a) What would the population equal 100 years from now? (b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, 25, and t 50. t = a standard scale) graph of population (c) Make a versus time (on ratio scale graph (d) Now make the same on a

Business
1 answer:
Alika [10]3 years ago
5 0

Given Information:

Current Population = P₀ =  7 billion = 7x10⁹

Growth rate = r = 3 %

Period = t = 100 years

Required Information:

(a) Population after 100 years = ?

(b) Population after t = 0, 1, 2, 10, 25, 50 years = ?

(c) Population vs time graph = ?

Explanation:

The human population growth can be modeled as an exponential growth,

P = P_{0} e^{rt}

where P₀ is the current population, r is the growth rate and t is the time period

(a) What would the population equal 100 years from now?

P = 7x10^{9} e^{0.03*100}

P = 140.6x10⁹  

(b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, 25, and t =50

<u>t = 0</u>

P = 7x10⁹e⁰

P = 7x10⁹  

<u>t = 1</u>

P = 7x10⁹e^0.03*1

P = 7.213x10⁹

<u>t = 2</u>

P = 7x10⁹e^0.03*2

P = 7.423x10⁹

<u>t = 10</u>

P = 7x10⁹e^0.03*10

P = 9.45x10⁹

<u>t = 25</u>

P = 7x10⁹e^0.03*25

P = 14.82x10⁹

<u>t = 50</u>

P = 7x10⁹e^0.03*50

P = 31.37x10⁹

(c) Make a population versus time graph

Attached as image

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5 0
2 years ago
The management team of Wickersham Brothers Inc. is preparing its annual financial statements. The statements are complete except
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Answer:

A Schedule Summarizing Operating, Investing, and Financing Cash Flows, using the T-account approach:

                              Operating        Investing         Financing

                         Debit  Credit     Debit    Credit    Debit   Credit

1. Equipment                                          $71,000

2. Note Payable                                                              $13,500

3. Common Stock                                              $20,000

4. Cash Dividends                                                         $22,800

5. Accounts Payable          $2,700

6. Income Tax Expense    $4,000

7. Interest Expense                                                        $3,000

8. Net Income        $53,720

9. Depreciation      $21,280

10. Tax & Interest    $7,000

11. Accts receivable               $13,500

12. Inventory                           $6,750

13. Salaries Payable   $1,350

Total inflows/

outflows                 $83,350 ($26,950)  ($71,000) $20,000 ($39,300)

Net cash from              $56,400              ($71,000)     ($19,300)

Operating activities       $56,400

Investment activities     ($71,000)

Financing activities       ($19,300)

Net cash flows             ($33,900)

Explanation:

a) Data and Calculations:

1.                                                           Current Year   Prior Year

Balance Sheet

Assets

Cash                                                    $ 78,900     $ 99,300

Accounts Receivable                           108,000        94,500

Merchandise Inventory                         81,000        87,750

Property and Equipment                   152,000        81,000

Less:

Accumulated Depreciation             (43,280)     (22,000)

Total Assets                                   $ 376,620  $ 340,550

Liabilities:

Accounts Payable                           $ 13,500     $ 16,200

Salaries and Wages Payable            2,700           1,350

Notes Payable, Long-Term              67,500         81,000

Stockholders’ Equity:

Common Stock                               128,000       108,000

Retained Earnings                          164,920       134,000

Total Liabilities &

Stockholders’ Equity $ 376,620   $ 340,550

2. Current Year  Income Statement

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Sales                         $ 340,000

Cost of Goods Sold     180,000

Depreciation Expense  21,280

Other Expenses           85,000

Net income               $ 53,720

3. The Wickersham Brothers Inc.'s Statement of Cash Flows is one of the three main financial statements that the management of Wickersham Brothers Inc. must prepare and present to the stockholders of the company and the general public.  It details the Wickersham's cash flows under the operating activities, investing activities, and financing activities sections.

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3 years ago
Ramble On Co. wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.37, and a dividend payout ratio of
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Answer: 16.55%

Explanation:

Profit margin is the amount of earnings that a company has left when every expenses and costs have been deducted.

From the information given, firstly, we calculate the return on equity. This will be:

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= 8% / (1 + 8%) × 46%

= 0.08/(1 + 0.08) × 0.46

= 0.08/1.08 × 0.46

= 0.08/0.4968

= 0.1610

= 16.10%

Return on equity, ROE = 16.10%

We then calculate the profit margin. This will be:

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where,

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= 1 + 0.37 = 1.37

Profit margin = ROE / Asset turnover × Equity Multiplier

= 16.10% / {(1/1.41) × 1.37}

= 16.10% / 0.71 × 1.37

= 0.1610 / 0.9727

= 0.1655

Profit margin = 16.55%

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3 years ago
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