Answer:
b. $10 per hour.
Explanation:
Joab wants to travel to Tacoma, Washington to climb Mt. Rainier and is trying to decide if he should drive or fly to the location. The flight to Washington would cost $500 and take 7 hours. Also if he flies, he would need to rent a car at an additional total cost of $300 (including gas) and drive an additional 3 hours total between the airport and the mountain. If Joab were to drive his Honda Civic from Tallahassee out to Mt. Rainier, the trip would take 50 hours and cost him $400. Other things constant, Joab would choose the flight plus rental car option if and only if the value of his time is at least $10 per hour.
Answer:
The dollar amount of the investment in Stock D is (x=$156470.59)
Explanation:
Let assume investment in Stock D = $x
Hence investment in Stock E = (210,000-x)
Portfolio beta=Respective betas * Respective investment weights
1= (x/210,000*0.87) + (210,000-x) /210,000*1.38[Beta of market=1]
(1*210,000) = 0.87x + 289800 -1.38x
290,000=0.87x+289800-1.38x
Hence x=(289800-210,000)/(1.38-0.87)
x= 79,800 / 0.51
x=156470.5882
x=$156470.59
Answer:
$1,960,623
($24,505,180 × .04) + ($24,510,387 × .04) = $1,960,623.
Explanation:
Answer:
<em>Increase in quantity demanded</em>
Explanation:
Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.
There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.
<u><em>Change in quantity demand</em></u>
Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.
<em>A change in the price of a product will produce an opposite change in the quantity that consumers are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.</em>
<u><em>Change in demand</em></u>
<em>Change in demand is the shift in the demand curve to either right or left. This can be attributed to any of the factors that affect demand other the price e.g change in income.</em>
<em>Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded</em> .
Answer:
Allocates a portion of the total discount to interest expense each interest period.
Explanation:
First, we understand that once a bond is issued at a discount, the first implication is the existence of a debit figure representing the discount on the bond issued.
However, the treatment of this discount figure is this:
First, the difference between the interest based on the effective interest rate of the carrying value of the bond and the interest based on the coupon rate on the face value of the bond is calculated. Once calculated, the discount figure is then amortized to the value of the difference between the two interest figures.
As such, amortizing discount on bonds affects the interest expense each interest period.
