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satela [25.4K]
3 years ago
12

If real GDP per capita in the United States is currently $50,000 and grows at 2.5% per year, it will take approximately how many

years to reach $200,000?
Business
1 answer:
igomit [66]3 years ago
7 0

Answer:

A. approximately 56 years

Explanation:

Giving that

Annual percentage growth rate = 2.5%

Using rule of 70

Years to double = 70 ÷ 2.5

= 28 years

Therefore, years to quadruple from original GDP

= 28 × 2

= 56 years

Therefore it will take 56 years for US GDP to reach 200,000 from 50,000 at annual rate of 2.5

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Rolette Clemens is a financial institution that provides loans to businesses. It rejects a textile company's request for a loan
Kamila [148]

Answer:

Balance sheet

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

It analyzes the financial profitability, position, performance of the business organization

4 0
4 years ago
Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

growth.

B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

D. Confination of operations to the markets.

4 0
4 years ago
Charged off as bad debt canceled by credit grantor. True or False
guajiro [1.7K]

Answer:

"Charge off" means that the credit grantor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of "charge off," it means the account is closed to future use, although the debt is still owed.

<h2>TRUE!</h2>
7 0
4 years ago
Which of the following is true for American options? A. Put-call parity provides an upper and a lower bound for the difference b
velikii [3]

The statement that holds true for the American Option is (A) Put-call parity provides an upper and lower bound for the difference between call and put prices

Explanation:

According to the Put-call parity concept when we hold the  short European put and long European call of similar class the return delivered is same as  holding one forward contract of the same underlying asset, that has the same expiration, forward price and which is equal to the strike price of the option

In financial management  put–call parity concept is used to define the  relationship that exist  between the price of a European call option and European put option, and both of them have identical strike price and expiry

The formula used for calculating  put call parity is

c + k = f +p

where (c) call price plus the (k) strike price of both options is equal to the futures price(f) plus the put price(p)

4 0
4 years ago
What is the name of the economic concept that acknowledges that personal and financial resources are used for one purpose these
ddd [48]

Answer:

This concept is called the opportunity cost.

Explanation:

The opportunity cost of any economic decision is the cost of giving up or sacrificing its alternative. We are aware that resources are limited and have alternative uses. We have to use these resources to satisfy unlimited wants and needs.  

If we use resources for one purpose it cannot be used for another. So we have to make a decision on how to spend the resources, on which alternative use. If we select one alternative, we need to give up another. The cost incurred on sacrificing or giving up the other alternative is the opportunity cost of using the resource for the first alternative.

3 0
3 years ago
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