A leftward shift in the long-run aggregate supply curve is most likely going to cause which of the following?

Mr. Wise is retiring In 25 years He would like to accumulate $1,000.000 for his retirement fund by then He plans make equal mont

Montano1993 [528]

Answer:

$532.24

Explanation:

Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:

Future value of annuity=R[((1+i)^n-1)/i]

In the given scenario:

Future value of annuity=amount after 25 years=$1,000.000

R=monthly payments to be deposited by Mr Wise=?

i=interest rate per month=12/12=1%

n=number of payments involved=25*12=300

$1,000,000=R[((1+1%)^300-1)/1%]

R=$532.24

7 0

3 years ago

The most complex level of culture is the culture trait.

xeze [42]

Answer:

False.

Explanation:

Culture trait is the simplest level of culture. It is an individual tool, act, or belief that is related to a particular situation or need. Using spoons and forks when eating is a culture trait. Another trait is the specific greeting used when meeting people. If you meet a pal, you probably say, “Hello”. On the other hand, when greeting the company's manager you would probably be quite formal. The greeting you use is related to the particular situation or need.

So, Individual culture traits combine to form the next level – culture complexes.

And culture complexes combine to form larger levels called culture patterns. These patterns form important components of a society’s culture.

5 0

3 years ago

Exotic Stuff Company and First Pier, Inc., form a business organization to engage in importing and exporting. Its property is he

NeTakaya

Answer:

B. Joint Stock Company

Explanation:

A few information provided in the question give good clues to the kind of business organisation being run. First, it is a business held in the names of its members, secondly, they are shareholders and thirdly, they hold personal liabilities in the business. This are features of a Joint Stock Company

A Joint Stock company is a business organisation is a vouluntary association of persons, where the capital is divided into transferable shares and these are the basis and condition of membership of the business organisation. The purpose of this organisation is primarily profit making.

A key feature of a Joint Stock Company is also featured in the question and this is the personal liability or liability limited to the member's share or ownership in the business organisation

Although this can be confused with the Joint Venture, a joint venture is simply an agreement betwen two organisations to come together to carry on business with pre-agreed rate of shareholding.

A Syndicate on the other hand is a group of companies, individuals or coroporations self-organised to carry out a specific business or pursue a shared interest.

Finally, a business trust is one in which there are investors and trustees. The investors receive certificates of beneficial interests which are transferable while the trustees adminster the business on behalf of the investors.

6 0

3 years ago

What isa premises account

ss7ja [257]

Answer:

A current asset is any asset that will provide an economic value for or within one year. Premises, or the property where business is done, is a part of the property, plants, and equipment, or PP&E, account. All PP&E has a useful life longer than one year, premises included, so it is considered a non-current asset.

Hope it helps. pa brainliest pa follow nadin tysm gomo

6 0

3 years ago

Tartan Industries currently has total capital equal to $10 million, has zero debt, is in the 40% federal-plus-state tax bracket,

Readme [11.4K]

Answer:

A. $16.38

B. $18.70

Explanation:

a) Calculation to determine the stock's current price per share (before the recapitalization)

Using this formula

V=D0(1+g)/K−g

Let plug in the formula

V=[(40% *$1,000,000)/240,000](1+0.03)/0.135−0.03

V=($400,000/240,000)(1+0.03)/0.135−0.03

V=1.67(1+0.03)/0.135−0.03

V=1.67(1.03)/0.135−0.03

V=1.7201/0.105

V=$16.38

Therefore the stock's current price per share (before the recapitalization) is $16.38

b. Calculation to determine what will be its stock price following the recapitalization

First step is to calculate the Interest

Interest = 1,000,000 * 11%

Interest= 110,000

Second step is to calculate the Buy back number of share

Buy back number of share = $1,000,000/16.38

Buy back number of share= 61,050 shares

Second step is to calculate the Outstanding share

Outstanding share =240,000 - 61,050

Outstanding share=178,950

Third step is to calculate the Net income

Using this formula

Net income = Income before tax -Interest - Tax

Let plug in the formula

Net income= (1666667 - 110000)* (1-0.4)

Net income= 934000.2

Fourth step is to calculate the Dividend

Dividend =934000.2 * 40%

Dividend= 373600.08

Fifth step is to calculate the Dividend per share

Dividend per share =373600.08/178950

Dividend per share= 2.088

Now let calculate the stock price after Recapitalization

Using this formula

V=D0(1+g)/K−g

Let plug in the formula

V=2.088(1+0.03)/0.145−0.03

V=2.088(1.03)/0.145−0.03

V=2.15064/0.115

V=$18.70

Therefore stock price following the recapitalization is $18.70

7 0

3 years ago