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Yanka [14]
3 years ago
8

Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1907. It

is now 2019. a. If your great grandfather invested $1,000 in 1907, how much would that investment be worth today? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If an investment in 1907 has grown to $1 million, how much was invested in 1907? (Enter your answer in dollars. Do not round intermediate calculations. Round your answer to 2 decimal places.)
Business
1 answer:
yarga [219]3 years ago
8 0

Answer:

a $236,157.37

b. $4234.46

Explanation:

Amount of years between 1907 and 2019 = 112 years

a. Investment value = $1000 (1.05)^112 = $236,157.37

b. $1,000,000  / (1.05)^112 = $4234.46

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Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause the labor force participation rate to decrease.

Let's imagine that the government employs a convincing advertising campaign to persuade those with high school diplomas to quit their jobs and devote their full time to attending college. As a result, the rate of labor force participation would decrease.

The labor force participation rate provides an estimate of the size of the labor force in an economy. The percentage of the working-age, non-institutionalized population, aged 16 and over, that is employed or actively seeking employment is used in the calculation. When paired with the unemployment rates, it can help put the state of the economy in some sort of context.

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4 0
2 years ago
Alma is in the business of dairy farming. During the year, one of her barns was completely destroyed by fire. The adjusted basis
photoshop1234 [79]

Answer:

$18,750

Explanation:

Given:

Adjusted amount of loss = $90,000

Fair market value = $75,000

Insurance amount received = 95% of fair Market value

Adjusted gross income = $40,000

<u>Computation of business loss:                        </u>

<u>Particular                                             Amount </u>

Adjusted amount of loss                     $90,000

Less: Insurance amount received      $71,250

<u>($75,000 × 95%)                                                  </u>

<u>Business loss                                       $18,750 </u>

Therefore, the current year deduction is $18,750

6 0
3 years ago
How is the value of a product determined? A. By the amount a consumer is willing to pay for it B. By how much it cost the produc
Sergio039 [100]

Answer:

A i took the test

Explanation:

7 0
3 years ago
Read 2 more answers
Ferguson Corporation's budgeted sales for the upcoming quarter are $900,000. Its supporting budgets and schedules show a beginni
dlinn [17]

Answer:

1. $400,000

2. $140,000

3. $56,000

4. $84,000

Explanation:

1. Budgeted gross profit = Budgeted sales - Budgeted COG sold

where, Budgeted COG sold = $480,000 + $60,000 - $40,000 = $500,000

By putting the value, we get

Budgeted gross profit = $900,000 - $500,000

= $400,000

2. Budgeted income before taxes = Budgeted gross profit - selling and administrative expenses - interest expense

= $400,000 - $250,000 - $10,000

= $140,000

3. Budgeted income tax = Budgeted income before taxes × tax rate

= $140,000 × 40%

= $56,000

4. Budgeted net income = Budgeted income before taxes - Budgeted income tax

= $140,000 - $56,000

= $84,000

8 0
3 years ago
Matilda, an employee, received an e-mail from an angry client about a certain product. Although it was not Matilda's fault, she
oksian1 [2.3K]

Answer:

d. "Shoot the messenger" management exists, implying a lack of control

Explanation:

The approach of "shoot the messenger" implies that the management of a company tend to blame the bearer of bad news as if they are responsible for the bad occurrence.

This approach causes tension and lack of communication in the workplace as employees are afraid of communicating when something bad happens.

Management is supposed to look objectively at the situation, identify the party that is responsible for the failure, and work towards rectifying it.

This is the situation in the scenario where Matilda received an e-mail from an angry client about a certain product and she hesitated to report it to her manager because she knew that he had a tendency to unfairly blame people for things

5 0
3 years ago
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