1. Economists use real GDP as a measure of living standards as it eliminates the effects of inflation by using the price index of the base period over the current period, which is also called the GDP deflator.
2. Real GDP per capital. Reason explained above.
3. 5million dollars divided by 100, therefore it would be 5000.
4. False. With the advancement of technology, capital becomes more productive and efficient, meaning they produce more output using the same amount of input.
Answer:
4.82%
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
77 = 5.37 / (0.118 - g)
77(0.118 - g) =5.37
(0.118 - g) = 5.37 / 77
(0.118 - g) = 0.069740
g = 0.118 - 0.069740
g = 0.04826
g = 4.82%
Answer:
(a) Annual dividend = Dividend rate × par value × number of shares outstanding
= 7% × $60 × 40,000
= $168,000
Semi‑annual dividend = ![\frac{Annual\ dividend}{2}](https://tex.z-dn.net/?f=%5Cfrac%7BAnnual%5C%20dividend%7D%7B2%7D)
= ![\frac{168,000}{2}](https://tex.z-dn.net/?f=%5Cfrac%7B168%2C000%7D%7B2%7D)
= $84,000
(b) Annual dividend = Dividend rate × number of shares outstanding
= $5.20 × 171,600
= $892,320
Arrears of $892,320 are owed for last year as well, so the total dividends owed would be:
$892,320 × 2 years
= $1,784,640
(c) Annual dividend = Dividend rate × stated value × number of shares outstanding
= 4.8% × $100 × 445,000
= $2,136,000
Quarterly dividend = = ![\frac{Annual\ dividend}{2}](https://tex.z-dn.net/?f=%5Cfrac%7BAnnual%5C%20dividend%7D%7B2%7D)
= ![\frac{2,136,000}{4}](https://tex.z-dn.net/?f=%5Cfrac%7B2%2C136%2C000%7D%7B4%7D)
= $534,000
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.
Looking at the chart, we see that this gives us 81-75 = 6.
Therefore, the Marginal Benefit of a fourth sandwich is 6.
Answer: The correct answer is "(A) Materiality.".
Explanation: The concept demonstrated is Materiality because by having a mechanism for preventing bad accounts through their strict requirements, they only recorded bad accounts when they actually existed, instead of making a provision.