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Tanzania [10]
3 years ago
13

You deposit $200 into the stock market. Every year your stock market account increases by 12 %. You leave the money in the accou

nt for 5 years. Fill in the values for the exponential growth formula. Round your money answers to the nearest dollar.
Business
1 answer:
saveliy_v [14]3 years ago
3 0

Answer:

Therefore after 5 year the balance in the stock market is $ 352.47.

Explanation:

Exponential growth formula :

y=a(1+r)^t

y= Final amount

a= initial amount

r= rate of growth

t= time

Given that,

The deposit amount = $200

Rate of interest (r)=12%=0.12

Time (t)=5 years

\therefore y=200(1+0.12)^5

      =$352.47

Therefore after 5 year the balance in the stock market is $ 352.47.

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Suppose that the office of management and budget provides the accompanying estimates of federal budget​ receipts, federal budget
spin [16.1K]
We need to <span>provide the accompanying estimates of federal budget​ receipts, federal budget​ spending, and​ gdp, all expressed in billions of dollars</span>.
4 0
3 years ago
tulip Co. owns 100% of Daisy Co.'s outstanding common stock. Tulip's cost of goods sold for the year totals $600,000, and Daisy'
olasank [31]

Answer:

Cost of goods sold to be reported in  consolidated financial statement = $1,000,000

Explanation:

Whenever there is 100% or more than 50% holding in a company, then equity method is followed under which all of the items are to be consolidated, but in case where there are inter transfers that is transfer from holding to subsidiary or vice-versa then such transactions, profit not realized is to be eliminated.

In case where inventory is transferred to subsidiary after adding profit by holding company, then in case if that inventory is sold to third party by year end then entire profit is recognized even the profit added by holding to cost of goods sold to subsidiary.

Where in case such inventory is not sold further by subsidiary to third party and is still held in the stock then such profit added on sale by holding to subsidiary is eliminated.

In our case the entire inventory is sold to third party by the year end.

Therefore, entire profit will be recognized and cost of goods sold to be shown in consolidated financial statements = $600,000 + $400,000 = $1,000,000.

8 0
3 years ago
Read 2 more answers
Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A ra
Tamiku [17]

Answer:

B. French wines will become more expensive in the United States.

Explanation:

Exchange rate is the rate at which one currency can be exchanged for another during international trade. The strength of a currency determines how much of the other countrie's goods it can purchase.

When the strength of a countrie's currency is high it will purchase more of the other countrie's goods. If however the currency is weak, it will take more to buy the other countrie's goods.

In this case if the dollar falls against the euro, it will take more dollars to buy French wine than before.

For example if a bottle of French wine was $500, after the fall the price may now be $800.

3 0
3 years ago
Total revenue is best described as variable cost per unit times the number of units sold. the change in revenue when one additio
asambeis [7]

Answer:

price per unit times the number of units sold.

Explanation:

total revenue = total number of units sold x price per unit

the other options are incorrect because:

  • the variable cost per unit times the number of units sold = total variable costs
  • the change in revenue when one additional worker is hired = marginal revenue product of the additional worker
  • firms seek to maximize profits, not revenue
6 0
3 years ago
Arthur is a truck driver who owns his own business. He has been on the road for several months, and the constant wear and tear o
uranmaximum [27]

Answer:

<u>Letter B is correct</u>. Will be reduced.

Explanation:

In this case, Arthur's taxes will be reduced. This situation happens according to some legal criteria. Arthur is a sole proprietor of his business, and since he has had significant losses tied to his business, he has the right to reduce personal expenses on such losses by subtracting this cost from his tax obligations.

5 0
3 years ago
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