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Anna11 [10]
3 years ago
15

In many instances the New Deal reinforced segregation and disappointed blacks who had voted for broad changes to the nation’s ra

ce system. Identify the ways in which the New Deal failed African-Americans.
Business
1 answer:
crimeas [40]3 years ago
7 0

Answer:

The New deal failed African-Americans in many ways. One of which was the federal housing policy reinforcing segregation that were in existence in both the North and South Municipals

Secondly, in the South, blacks were not hired to work in the New Deal construction projects that were ongoing at the time.

Furthermore, Franklin Delano Roosevelt failed to pass the anti-lynching legislation that was promised in Congress.

And finally, separate camps were create for whites and blacks by the Civilian Conservation Corps.

Explanation:

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Corner Jewelers, Inc. recently analyzed the project whose cash flows are shown below. However, before the company decided to acc
andreev551 [17]

Answer:

correct option is a. −$59.03

Explanation:

given data

Old cost of capital (r)   8.00%        New cost of capital (r)  11.25%

year                                 0                1                                     2                  3

cash flow                        -$1000       $410                              $410        $410

solution

we know that here old cost of capital (r) NPV will be

old cost of capital (r) NPV = cash flow 0 year + cash flow × \frac{1-(1+rate)^{-time}}{rate}

put here value

old cost of capital (r) NPV = -1000 + 410 × \frac{1-(1+0.08)^{-3}}{0.08}

old cost of capital (r) NPV = $56.61

and

new cost of capital (r) NPV will be

new cost of capital (r) NPV = cash flow 0 year + cash flow × \frac{1-(1+rate)^{-time}}{rate}

put here value

new cost of capital (r) NPV = -1000 + 410 × \frac{1-(1+0.1125)^{-3}}{0.1125}

new cost of capital (r) NPV = -$2.42

so difference is

Difference = -$2.42 - $56.61

Difference = -$59.03

so correct option is a. −$59.03

7 0
3 years ago
Bellsouth Mobility (BM) ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selected
hichkok12 [17]

Answer:

The manger did not make a mistake

To determine the effect that an increase in price would have on revenue, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price

Price elasticity of demand = percentage in quantity demanded / percentage change in price

4% / 5% = 0.8

The elasticity of demand is less than 1, this means that demand is inelastic

When demand is inelastic, if price is increased, the fall in quantity demanded would be less than the increase in price. As a result, if price is increased total revenue would fall.

Based on the manger's calculation, demand is inelastic, so she was not wrong in increasing price.

Explanation:

6 0
3 years ago
The May bank statement for Rental shows a balance of $6,300​, but the balance per books shows a cash balance of $8,200. Other in
Sphinxa [80]

The items that will require journal entries to update the balance in the Cash account of the Rental Company are <u>items 1, 2, and 4</u>, as follows:

<h3>Adjusting Journal Entries:</h3>

Debit Utilities Expense (Electric) $200

Credit Cash $200

Debit Cash $480

Credit Note Receivable $450

Credit Interest $30

Debit Bank service charges $50

Credit Cash $50

<h3>Transaction Analysis:</h3>

1. Understatement of a check for the electric bill by $200 ($220 - $20)

2. Note Receivable $450 Interest on Note Receivable $30

4. Bank service charges $50

<h3>Cash Account Adjustments:</h3>

Utilities Expense (Electric) $200 Cash $200

Cash $480 Note Receivable $450 Interest $30

Bank service charges $50 Cash $50

Thus, the items that will require journal entries to update the balance in the Cash account of the Rental Company are <u>items 1, 2, and 4.</u>

<u />

Learn more about adjusting the cash book balance at brainly.com/question/6241936

#SPJ1

8 0
2 years ago
In a mutual fund, investors share equally in profits, losses, and management decisions.
sammy [17]

Answer: True

Explanation: A mutual fund is a collective pool of funds provided by a group of individuals to money managers for investment in various securities such as stocks and bonds.

Due to it's collective nature, every shareholder or investor benefits and loses in equal portion - and the expenses of the mutual fund are shared in the expense ratio.

Because the funds are invested into stocks, bonds and other securities, they usually have a lower risk than individual stocks or bonds.

5 0
3 years ago
The current highest interest rate on a savings account is 1.85%. the current rate of inflation is 1.9%. what is the real dollar
adoni [48]

Answer: 0.51

Explanation:

Nominal rate = 1.85%

Inflation rate = 1.90%

Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1

Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1

= (1.0185 / 1.019) - 1

= 0.9995 - 1 = - 0.0005

Therefore, the real dollar return I. $1,020 equals

0.0005 × 1020 = 0.51

3 0
4 years ago
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