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Mazyrski [523]
3 years ago
8

(a) Suppose the U.S. national debt is about $15 trillion. If payments were made at the rate of $2,500 per second, how many years

would it take to pay off the debt, assuming no interest were charged? Note: Before doing these calculations, try to guess at the answers. You may be very surprised. yr (b) A dollar bill is about 15.5 cm long. How many dollar bills attached end to end would it take to reach the Moon? The Earth-Moon distance is 3.84 108 m. dollar bills
Business
1 answer:
yan [13]3 years ago
8 0

Answer:

Ans.

a) To pay off the debt, it would take 190.26 years at a rate of $2,500/second

b) The quantity of dollar bills attached end to end that would take to reach the Moon is  2,478,116,129  

Explanation:

Hi, we are going to need to do some adjustments to the speed equation of physics (for a.) and a unit conversion for b.

Let´s see the equation that we need for a.

PmtSpeed=\frac{Debt}{time}

Therefore.

time=\frac{Debt}{PmtSpeed} =\frac{15,000,000,000,000Dollars}{2,500\frac{dollars}{second} } = 6,000,000,000Seconds

Now, we need to convert this to years, that is:

6,000,000,000Seconds *\frac{1Year}{ 31,536,000Seconds } =190.26Years

Now, for b) we need to establish the leght of a dollar bill in meters, that is.

Dollar(m)=15.50cm*\frac{1m}{100cm} =0.155m

And now, since we know the length of a dollar bill in meters, let´s find out how many would it take to reach the moon.

Bills(Units)= 384,108,000m*\frac{1DollarBill}{0.155m} = 2,478,116,129 Bills

Best of luck.

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Andrea Apple opened Apple Photography, Inc. on January 1 of the current year. During January, the following transactions occurre
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Answer:

$43,745

Explanation:

Calculation for what the Capital account reported on the Statement of Owner's Equity at the end of the month would be

Using this formula

Ending Capital Balance = Cash (1)+ Photography equipment (2) +Cash for services provided (4)+Services to customers on account (6)- Monthly rent(7)- Utility (9)

Let plug in the formula

Ending Capital Balance = $13,800 + $23,000 + $6,000 + $3,050 - $1,800 - $305

Ending Capital Balance= $43,745

Therefore the balance in the Capital account reported on the Statement of Owner's Equity at the end of the month would be: $43,745

5 0
3 years ago
Active trading in markets and competition among securities analysts helps ensure that: I. Security prices approach informational
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Answer:

The answer is: All the options are correct (I, II and III)

Explanation:

The larger the number of individuals (e.g. securities analysts, investors) who are informed about the price system of securities, the prices of securities will approach informational efficiency.

When the system approaches informational efficiency, you can determine which securities are riskier than others. Therefore you can price riskier securities so that they offer higher expected returns.

The other positive effect of informational efficacy is that investors can determine which securities are undervalued or overvalued.

8 0
3 years ago
Benjamin jackson bought 100 shares of xyz two years ago at $10 per share. the stock paid a $0.50 dividend each year and he sold
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7 0
1 year ago
Explain with examples, the process of screening and evaluating new venture opportunities.
Blababa [14]
Self-Analysis
According to the Arkansas Small Business Development Center, most small businesses fail because of poor management and the owner’s inability to manage resources. Before you even start researching the feasibility of your idea and the market you plan on entering, evaluate your own talents, desires and goals. Consider your willingness to take risks as well as the amount of time and energy you’ll need to make the business a success. Review your financial, personnel and marketing skills as well to ensure you have the necessary background to make a success of your new venture.

Financial Components
After learning about the investment required to purchase the existing business or franchise or the start-up costs you’ll need initially, evaluate your own resources. Part of a financial assessment includes the amount you have in personal savings to add to the initial investment. Banks typically require entrepreneurs to come up with a portion of the investment to show good faith and willingness to take a risk with the lender. Assess the financing available through the seller, investors and lenders when evaluating your chances of succeeding.

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To thoroughly understand what you’re getting into, perform an extensive market research project to determine the feasibility of your business. In addition to gleaning statistics of trends and current customer buying patterns, you need to know who your customers are, where they are located and what kind of competition exists in your area. Consider market research your first steps in opportunity analysis that help you understand exactly how you will sell products or services to a specific market.

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4 0
3 years ago
Operating cash flow is defined as:A. a firm's net profit over a specified period of time.B. the cash that a firm generates from
mina [271]

Answer:

B. the cash that a firm generates from its normal business activities using its existing assets

Explanation:

It represent the cash from the main activity. It is a good indicator wether the company needs external financing or it can sustain his grow with own funds.

It is stated in the cash flow statement. along with investing and financing activities.

3 0
4 years ago
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