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Ksenya-84 [330]
3 years ago
5

Robert Sampson owns a townhouse valued at $185,000 and still has an unpaid mortgage of $150,000. In addition to his mortgage, he

has the following liabilities:
Visa $ 755
MasterCard 380
Discover card 555
Education loan 3,900
Personal bank loan 650
Auto loan 6,000
Total $ 12,240
Robertâs net worth (not including his home) is about $39,000. This equity is in mutual funds, an automobile, a coin collection, furniture, and other personal property.
Required:
a. What is Robertâs debt-to-equity ratio?
Business
1 answer:
AlexFokin [52]3 years ago
8 0

Answer:

0.31

Explanation:

Given that,

Visa = $ 755

MasterCard = 380

Discover card = 555

Education loan = 3,900

Personal bank loan = 650

Auto loan =  6,000

Total debt  (not including mortgage) = $12,240

Net Worth (not including home) = $39,000

Robert's debt-to-equity ratio:

= Total debt ÷ Net worth

= $12,240 ÷ $39,000

= 0.31

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Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

<h3>What is economic recession?</h3>

The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."

Some characteristics of economic recession are-

  • Recessions are marked drops in economic activity that can endure for several months or even years.
  • When a country's economy faces negative gross domestic product (GDP), growing unemployment, declining retail sales, and contraction income and manufacturing metrics over an extended period of time, experts declare a recession.
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8 0
1 year ago
Suppose the United States can produce either 90 apples and 20 oranges or 80 apples and 30 oranges. What is the opportunity cost
Tju [1.3M]

Answer: The opportunity cost of producing 1 apple will be 1 orange.

Explanation:

Opportunity cost is defined as the loss or cost of another alternative when another alternative is being chosen by an economic agent.

In this scenario, the opportunity cost of producing every additional apple will be 1 orange due to the fact that as there's an increase in the production of apple from 80 to 90, there'll be a reduction in the production of orange from 30 to 20.

This indicates that for the increase of 10 apples, there's a reduction of 10 oranges which implies that an increase of 1 apple brings about a reduction by 1 orange.

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3 years ago
Which of the following investments would have the highest future value at the end of 10 years? Assume that the effective annual
LenaWriter [7]

Answer:

The investment that will have the highest future value is option b.

Explanation:

First lets suposse the effective annual rate is 10%  

a. Future value= $2,500  

c. First you must obtain the net present value of all cash flows with the formula attached, for example:  

NVP= ($250/(1+10%)^1)+($250/(1+10%^2)+($250/(1+10%^3)... and so on until year 10  

With the excel formula "NPV" you can calculate the net present value specifying the interest rate, the cash flows.  

The NPV= $1,536.14  

And then you calculate the future value of this answer with this formula:  

VF=VP(1+i)^n  

VF= $1,536.14*(1+10%)^10  

VF=$3,984.36  

b. If payments are due at the beginning of every year means that at year 0 you start with $250. You must calculate the NPV in this way  

NPV= $250+($250/(1+10%)^1)+ )+($250/(1+10%^2)+($250/(1+10%^3)... and so on until year 10  

NPV= $1,786,14

And then you calculate the future value of this answer:

VF= $1,786,14*(1+10%)^10  

VF=$4,632.79

d. First, you must convert the annual interest rate into semi-annually interest

10% Annually effective is 4,88% Semi-anually effective

NPV=$125+($125/(1+4,88%)^1)+ )+($125/(1+4,88%^2)+($125/(1+4,88%^3)... and so on until period 20

NPV=$1,698.75

And then you calculate the future value of this answer:

VF= $1,698 *(1+10%)^10  

VF=$4,405.37

The investment that will have the highest future value is option b.

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Answer:

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