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earnstyle [38]
3 years ago
15

If the poverty trap were made even more difficult to overcome because a working mother will have extra expenses like transportat

ion and child care that a nonworking mother will not face, then:______
a. She will have a powerful incentive to work more than one job.
b. The family better off than is she did not work at all
c. Her economic gains from working will be even smaller
d. Working now and in the future is even more attractive
Business
1 answer:
OleMash [197]3 years ago
7 0

Answer: A. She will have a powerful incentive to work more than one job.

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The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Gemiola [76]

Answer:

Growth Rate = 5.73%

Explanation:

The present value of stock formula can be used here to solve this problem.

The formula is:

P_0=\frac{Div_1}{r-g}

Where

P_0  is the current stock price

Div_1  is the dividend to be paid next year

r is the rate of return required

g is the growth rate expected

Now, the first 3 variables are given, we need to find g. Substituting, we find our answer:

P_0=\frac{Div_1}{r-g}\\53.40=\frac{3.35}{0.12-g}\\53.40(0.12-g)=3.35\\6.408-53.40g=3.35\\53.40g=3.058\\g=0.0573\\

In percentage, it is

<u>Growth Rate = 5.73%</u>

7 0
3 years ago
"I don't understand why you're afraid to commit to this new ad program," said Barry, sales representative of a popular radio sta
Ahat [919]

In this scenario, Barry would be classified as a(n) <u>A. aggressive</u> salesperson.

<u>Explanation</u>:

Barry works for a popular radio station as a sales representative. From his conversation in the above scenario it is clear that Barry is an aggressive salesperson.

One day Barry was discussing with the marketing manager of a larger retail store regarding their new ad program. Barry was clear that the ad will be broadcasted around the clock all over the town if they agree with their radio station. He told that the ad will be aired day after tomorrow if the manager is ready to sign today.

5 0
3 years ago
Vaughn Manufacturing has the following items at year-end:
Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0
3 years ago
Firms HL and LL are identical except for their financial leverage ratios and the interest rates they pay on debt. Each has $10 m
Bas_tet [7]

Answer:

0.1125 or 11.25% for each firm

Explanation:

Given that,

Each has $10 million in invested capital,

$1.5 million of EBIT

25% federal-plus-state tax bracket

ROIC for LL:

= [EBIT × (1 - tax rate)] ÷ invested capital

= [1.5 × (1 - 25%)] ÷ 10

= 0.1125 or 11.25%

ROIC for HL

= [EBIT × (1 - tax rate)] ÷ invested capital

= [1.5 × (1 - 25%)] ÷ 10

= 0.1125 or 11.25%

Therefore, the return on invested capital (ROIC) for each firm is 11.25%

6 0
3 years ago
When a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all of the following EXCEP
Vesna [10]
B. The call price of the bonds
4 0
2 years ago
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