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densk [106]
4 years ago
7

Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a

nother month, her investment’s value dips by 10%. In the third month, her stock's value increases again, by 15%. How much is her investment worth now?
Business
1 answer:
Ilya [14]4 years ago
3 0

Answer:

Investment worth now = 3,726 dollars

Explanation:

This is simple question which can easily be understood with the help of following calculations.

Initial Investment = $ 3000  -A

Value increase by 20% = A*1.2 = 3600-B

Value dip by 10% = B*0.9 = 3240-C

Value increase by 15%= C*1.15 = 3726

In this way by applying rate to last determine value we can get current investment worth.

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Which of the following policies would dramatically and permanently reduce government outlays? Choose one or more: A. reducing th
8_murik_8 [283]

Answer: A. reducing the number of people eligible for Medicare and Medicaid by half

E. raising the age to receive Social Security to 75

Explanation: That’s correct! By raising the age to receive Social Security to 75 and reducing the number of people eligible for Medicare and Medicaid by half, the government would dramatically and permanently reduce its outlays because these are mandatory payments.

4 0
3 years ago
__________ is the norm for approximately 90 percent of the world's population.
natulia [17]
<span>Parent-infant co-sleeping is this norm. Some people believe that doing this creates a stronger bond between the parents and the infant. It also is said to make nursing easier. Some believe that is makes it more difficult to get an infant to sleep by themselves.</span>
8 0
4 years ago
As referred to in the NSMIA, the term "covered security" would apply to
koban [17]

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance.<em> On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.</em>

5 0
4 years ago
Bentels Co. desires a December 31 ending inventory of 2,840 units. Budgeted sales for December are 4,000 units. The November 30
LekaFEV [45]

Answer:

Budgeted purchases      Units

Budgeted sales                4,000

Ending inventory               2,840

Beginning inventory         <u> (1,800)</u>      

Budgeted purchases        <u>  5,040</u>      

The correct answer is A                                                                                                                  

Explanation:

Budgeted purchases equal budgeted sales plus ending inventory minus beginning inventory.                            

6 0
4 years ago
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) Refurbish the
IRISSAK [1]

Answer:

Alternative A= $1570

Explanation:

Giving the following information:

It has three choices:

(a) Refurbish the old equipment for $800.

Materials and labor= $1.10 per board.

(b) make major modifications for $1,100

Materials and labor= $0.70.

(c) purchase new equipment at a net cost of $1,800.

Variable costs= $0.40.

Q= 700

Alternative A= 800+1.10*700= $1570

Alternative B= 1100+0.70*700= $1590

Alternative C= 1800+0.40*700= $2080

The cheapest alternative is Alternative A. To make a full analysis you need the selling price, which we don't have.  

4 0
4 years ago
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