An increasing proportion of influential financial decisions are being made in Major corporate centers such as New York, London, and Tokyo in
new global economy.
<h3>What is global economy?</h3>
The global economy serves as the economy of all humans of the world, which is the global economic system.
And this includes all economic activities which are conducted both within and between nations.
Learn more about economy at;
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Answer:
E. $41.69
Explanation:
We know,
Value of stock (
) = 
[In case of constant growth model]
= Next year or expected dividend
= required rate of return
g = growth rate = 5.50%
However, as there is no information regarding expected dividend, we will use the alternative formula to calculate the stock's expected price 3 years from today.
= × 
Here, current stock price, = $35.50
Therefore, = $35.50 × 
= $35.50 × 1.1742
Stock's expected price 3 years from now = $41.69 (rounded to two decimal places)
Therefore, option E is the answer.
The primary source of fuel in South America is petroleum.
Answer:
The correct answer is letter "C": I, II and III.
Explanation:
Portfolio Turnover estimates the fund's percentage of assets that its manager buys and sells for over one year. <em>Portfolio turnover can affect the return of the portfolio, as transaction costs such as commissions and fees are drawn from the assets of the fund</em>. Usually, fund managers who trade securities aggressively try to increase their commission.
<em>Higher portfolio turnover rates imply incurring in higher capital gains translated in higher returns overall but come along with higher taxes that must be paid equally among investors. Both benefits and liabilities are allocated evenly among entrepreneurs into the investment.</em>
Answer: $200,000 and its economic profits were zero.
Explanation:
First and foremost, we should note that when calculating accounting profit, the implicit cost isn't taken into consideration.
Therefore, the accounting profit will be:
= Revenue - Explicit Cost
= (4000 × 300) - Explicit cost
= 1,200,000 - 1,000,000
= 200,000
Then, Economic Profit will be:
= Accounting profit - Implicit cost
= 200,000 - 200,000
=0
Therefore, its its accounting profits were $200,000 and its economic profits were zero.
