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3 years ago

15 POINTS!

Business

1 answer:

statuscvo [17]3 years ago

3 0

1. The curved line represents the distribution of cumulative % of income among individuals arrayed by fifths or quintiles.
2. According to the table the highest fifth of the population receives 50.1% of the income.
3. The lowest fifth receives 3.5% of the income.
4. The straight line represents the ideal or equal distribution of income among individuals. The further away the curved line is from the straight line, the more unequal the distribution of income in the population under study is.

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Example of demand in economics.

sweet [91]

Examples of the Supply and Demand Concept. Supply refers to the amount of goods that are available. Demand refers to how many people want those goods. When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.

5 0

3 years ago

Which of the following refers to the way that interest added to an account earns

prisoha [69]

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

6 0

3 years ago

Stan wants to start an IRA that will have $250,000 in it when he retires in 25 years. How much should he invest semiannually in

Wittaler [7]

25 years: No Payment, but total is 250000
6 months earlier. Payment of "P". It's value 1/2 year later is P(1+0.03)
6 months earlier. Payment of "P". It's value 1 year later is P(1+0.03)^2
6 months earlier. Payment of "P". It's value 1½ years later is P(1+0.03)^3
6 months earlier. Payment of "P". It's value 2 years later is P(1+0.03)^4

We need to recognize these patterns. Similarly, we can identify the accumulated value of all 50 payments of "P". Starting from the last payment normally is most clear.

P(1.03) + P(1.03)^2 + P(1.03)^3 + ... + P(1.03)^50
That needs to make sense. After that, it's an algebra problem.
P[(1.03) + (1.03)^2 + (1.03)^3 + ... + (1.03)^50]

P(1.03−1.03^51)/(1−1.03) = 250000

8 0

4 years ago

The finance balance sheet is

Scorpion4ik [409]

Answer:

A) the same as the accounting balance sheet, but it is based on market values.

Explanation:

The finance balance sheet is same as the accounting balance sheet but it is based on market value.

3 0

3 years ago

Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands): Sales re

Ugo [173]

Answer:

<h2> Rembrandt Paint Company</h2><h2>Income Statement - December 31, 2021</h2>

Sales revenues $24,000,000

- Cost of goods sold ($13,500,000)

Gross margin $10,500,000

Operating expenses:

- Selling and adm. expenses ($420,000)

- Restructuring costs ($1,400,000)

Total operating expenses ($1,820,000)

Income from operations $8,620,000

Other revenue and expenses:

Gain on sales of assets $3,200,000

Interest revenue $220,000

Loss from discontinued oper. ($2,200,000)

Interest expense ($420,000)

Total other revenue and expenses $800,000

Net income pre-tax $9,420,000

Income taxes (25%) ($2,355,000)

Net income after taxes $7,065,000

Shares outstanding 600,000

Earnings per share (EPS) $11.78

3 0

3 years ago