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3 years ago

What usually happens to stock prices when the global economy is strong?

Business

1 answer:

erica [24]3 years ago

7 0

Answer:

They go up.

Explanation:

When the economy crashes, the stocks crash and prices are low. When the economy is strong, the stocks get more expensive.

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Harrison's Supply Co. suffered a fire loss on April 20, 2013. The company's last physical inventory was taken January 30, 2013,

Shalnov [3]

Answer:

c. $250,000

Explanation:

The computation of the estimated inventory loss is shown below:

= Total amount of inventory + purchase made during the year - costs of goods sold

= $220,000 + 450,000 - $420,000

= $670,000 - $420,000

= $250,000

The cost of goods would be

= Sales - sales × gross profit margin

= $600,000 - $600,000 × 30%

= $600,000 - $180,000

= $420,000

8 0

4 years ago

The three traits an entrepreneur must possess to be successful are _____.

Yanka [14]

Hello,

Here is your answer:

The proper answer to this question is option A "<span>motivation, humility, and decision making". You honestly need motivation, humility, and decision making skills in order to be successful.

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!</span>

7 0

3 years ago

Read 2 more answers

For the current year ended March 31, Cosgrove Company expects fixed costs of $27,600,000, a unit variable cost of $805, and a un

tatyana61 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $27,600,000

Unitary variable cost= $805

Unit selling price= $1,150

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 27,600,000 / (1,150 - 805)

Break-even point in units= 80,000 units

Desired income= $5,175,000

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (27,600,000 + 5,175,000) / 345

Break-even point in units= 95,000 units

4 0

4 years ago

Which one of these financial administration tasks or concepts involves

Tatiana [17]

Answer:

Explanation:

i just did that lol

8 0

3 years ago

Read 2 more answers

Paradise, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $625 2 875 3 1,150 4 1,250

MissTica

Answer:

(a) If the discount rate is 11 percent, what is the future value of these cash flows in year 4?

To solve this problem, we must find the FV of each cash flow and add them.

To find the FV of a lump sum, we use:

FV = PV(1 + r)^t

[email protected]% = $625(1.11)^3 + $875(1.11)^2+ $1,150(1.11) + $1,250 = $4459

(b) What is the future value at a discount rate of 18 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.18)^3+ $875(1.18)^2+ $1,150(1.18) + $1,250 = $4852

(c) What is the future value at discount rate of 30 percent?

FV = PV(1 + r)^t

[email protected]% = $625(1.30)^3+ $875(1.30)^2+ $1,150(1.30) + $1,250 = $5597

5 0

3 years ago