Non-farm payrolls refer to jobs in the manufacturing sector and other industries that are not farm. As part of its Employment situation report, the U.S Bureau of Labor Statistics releases closed-followed monthly data on nonfarm payrolls, the statistics from the nonfarm payroll also shows which sectors are generating the most employment additions. It measures the change in the number of people employed during the previous month except to the farming industry. At the onset recession, the nonfarm payrolls tend to reduce. The PMI or the Purchasing Managers Index is a measure of the economic health of the manufacturing sector. As stated by an analyst at TD Securities, the point of view for manufacturing is demoralized, and the sector is in recession.
Answer:
d) 89.0
Explanation:
The value of the company today is the present value of its cash flows in perpetuity which is the cash flows divided by the required rate of return.
value of the firm=$1000/10%=$10,000
share price=value of the firm/shares outstanding
share price=$10,000/100=$100
number of shares to be repurchased=$1000/$100=10
number of shares after repurchase=100-10=90
note that when 90.91 is rounded to a whole, it turns out to be 92 while 89 is rounded to 90
The consumer surplus associated with the consumption of furniture increases. Wood is an input in the production of furniture therefore it constitutes the cost of production, the decrease in the price of wood would therefore mean a decrease in the production cost. A decrease in the cost of production in turn causes a decrease in the buying price of furniture and therefore, consumer surplus increases.
The present value is = $917.526
<u>Explanation:</u>
The following formula will be used in order to calculate the present value
![\mathrm{PV}=\mathrm{FV} * \frac{1}{(1+\mathrm{i})^{\wedge} \mathrm{n}}](https://tex.z-dn.net/?f=%5Cmathrm%7BPV%7D%3D%5Cmathrm%7BFV%7D%20%2A%20%5Cfrac%7B1%7D%7B%281%2B%5Cmathrm%7Bi%7D%29%5E%7B%5Cwedge%7D%20%5Cmathrm%7Bn%7D%7D)
Here, PV = Present value, FV = Future value, I = Interest, n = number of periods
The present value of $21200 with 17 percent discount rate of return for 20 years will be calculated as follows:
![\mathrm{PV}=\mathrm{FV} * \frac{1}{(1+\mathrm{i})^{\wedge} \mathrm{n}}](https://tex.z-dn.net/?f=%5Cmathrm%7BPV%7D%3D%5Cmathrm%7BFV%7D%20%2A%20%5Cfrac%7B1%7D%7B%281%2B%5Cmathrm%7Bi%7D%29%5E%7B%5Cwedge%7D%20%5Cmathrm%7Bn%7D%7D)
![=\$ 21200 /(1+\underline{0.17})^{\wedge} 20](https://tex.z-dn.net/?f=%3D%5C%24%2021200%20%2F%281%2B%5Cunderline%7B0.17%7D%29%5E%7B%5Cwedge%7D%2020)
Therefore, the present value after calculating is = 917.526
$430 today should not be chosen.
Answer:
Jose's father weighs 70 kilos.
Explanation:
Given that Jose weighs 25 kilograms, while his father is 5 kilograms less than 3 times Jose's weight, to determine what is the weight of Jose father the following calculation must be performed:
Jose = 25
Father = (25 x 3) - 5
Father = 75 - 5
Father = 70
Therefore, Jose's father weighs 70 kilos.