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Olenka [21]
3 years ago
9

What made Americans so willing to engage in stock market speculation in the 1920s? People were in an optimistic mood, and they w

ere willing to take a risk. Speculation was the lowest-risk way to invest in the stock market. People felt they had little to lose, and there were few other options. Speculation helped many low-income people move to the middle class.
Business
2 answers:
labwork [276]3 years ago
8 0
I believe the answer is: Speculation helped many low-income people move to the middle class. 

Due to the early development of industrial economy in the 1920s, the stock market experienced a period where most of company's value keep increasing over several years forward. This make a lot of people manage to grow their investment very quickly and obtain a lot of wealth.
Rudiy273 years ago
6 0
The question is asking to choose among the following choices that made Americans so willing to engage in stock market speculation in 1920s'. Base on my research and further understanding, I would say that the answer would be <span>Speculation helped many low-income people move to the middle class.</span> 
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"You purchased GARP stock one year ago at a price of $68.54 per share. Today, you sold your stock and earned a total return of 1
german

Answer:

$6.66

Explanation:

18.91% of $68.54 is around $3.62. You would add that to $3.04 to get $6.66, which is the capital gains you received on your investment.This is just for one share/stock.

6 0
3 years ago
The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, who share profits and losses in
spin [16.1K]

Question Completion:

Condensed Balance Sheet:

Cash                                      $115,000

Other assets                          760,000

Total assets                         $875,000

Accounts payable               $232,000

Ferris, loan                               43,000  

Hardwick, capital                   270,000

Saunders, capital                   170,000

Ferris, capital                         160,000

Total liabilities and capital $875,000

Answer:

The Partnership of Hardwick, Saunders, and Ferris

Proposed Schedule of Liquidation:

Net proceeds from sale of assets          $526,000

Share of net proceeds:

Hardwick    4/10 * $526,000 $210,400

Saunders   3/10 * $526,000  $157,800

Ferris         3/10 * $526,000  $157,800 $526,000

Explanation:

a) Data and Calculations:

Condensed Balance Sheet:                

Cash                                      $115,000    

Other assets                          760,000

Total assets                         $875,000

Accounts payable               $232,000

Ferris, loan                               43,000  

Hardwick, capital                   270,000

Saunders, capital                   170,000

Ferris, capital                         160,000

Total liabilities and capital $875,000

Schedule of Assets Disposal:

Cash                                                         $115,000    

Other assets:

40% of $760,000 ($304,000) sold for  230,000

60% of $760,000 ($456,000) sold for  456,000

Proceeds from disposal, including cash 801,000

Settlement of Accounts Payable          -232,000

Settlement of Ferris, loan                        -43,000

Net proceeds                                          526,000

                                  Hardwick   Saunders      Ferris

Capital accounts      $270,000   $170,000   $160,000

Final settlement          210,400     157,800      157,800

7 0
2 years ago
The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indica
postnew [5]

Answer:

Correct option is B) $17.10

Total overhead rate per hour = $17.10

Explanation:

Overhead rates are based on cash outflow, they are not allocated and computed based on non cash items.

Total direct labor hours = 8,900

Thus total variable overhead rate = $5.50

Total cash fixed cost = $133,500 - $30,260 = $103,240

Fixed cost overhead rate = $103,240/8,900 = $11.60

Total overhead cost per hour = Variable overhead + Fixed Overhead = $5.50 + $11.60 = $17.10

5 0
3 years ago
Write age and snap if your a girl if your a boy do the same and we can be friends if you want to
Masja [62]

14

Explanation: dont have friends

3 0
2 years ago
Under the terms of the Treaty of Guadalupe Hidalgo, the United States Select one: a. officially acquired only Texas. b. gave up
kvasek [131]

Answer:

e. agreed to pay millions to Mexico.

Explanation:

The Treaty of Guadalupe Hidalgo wan on 2 February 1848 between the US and the Mexican Republic. The official title of the treaty is the Treaty of Peace, Friendship, Limits and Settlement between the US and Mexico.

The major purpose of signing the Treaty was to bring an end to the Mexican–American War that lasted betweem 1846 and 1848). Mexico sought to end the war when its army was defeated and the its capital fell. The treaty was effective starting from 4 July 1848.

The provisions of the include: the US should pay US$15 million to Mexico; to pay up to US$5 million to the citizens of the US that had claims against Mexico; the Rio Grande was given to the US to serve as a boundary for Texas; it also gave California including expanse areas like half of New Mexico, Colorado, Utah and Navada.

Therefore, the only correct option in the question is e. agreed to pay millions to Mexico.

4 0
3 years ago
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