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Assoli18 [71]
3 years ago
13

To expand her portfolio, Piper recently purchased 400 shares of common stock in the Rail Car Manufacturing Company, a manufactur

ing firm in Nevada. The current market price of RCM’s common stock is $19.45 per share. Piper’s total wealth from her investment in Rail Car Manufacturing Company is ___.
Business
1 answer:
victus00 [196]3 years ago
6 0

Answer:

=$7,780

Explanation:

Calculating Piper's total wealth from her investment

Piper purchase of Common Stock = 400 Shares

The market price of Rail Car Manufacturing Company= $19.45

The total wealth from her investment

= 400 shares x $19.45

=$7,780

The wealth from investment is usually calculated as the value of the shares bought in the company based on the current market price of that shares at the time they were bought.  

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Regulators in different countries have proposed various regulations for product labeling. All of the following statements pertai
viktelen [127]

Answer:

D) the use of terms "light" and "natural" are allowed on labels only in the United States.

Explanation:

As the term "light" has a dictionary meaning of a very low in weight as compared to similar products in the market, is a very basic term to define the nature of product.

No labelling regulator has claimed that this kind of labelling is only allowed in the United States.

Further, the dictionary meaning of the word "natural" with respect to products shall mean, one that is not composed of high chemicals or transformation, but the major essence is extracted from the nature, i.e. from the environment.

Thus, the word natural can again be used by any country to label their product and in no manner is restricted to the United States.

6 0
4 years ago
Jim makes a $1,000 deposit in an account paying 4% interest per year. He would like to withdraw two equal amounts: in one year a
FromTheMoon [43]

Based on the amount that Jim deposited and the interest paid per year on the account, withdrawing in two equal amounts would require an amount of <u>$530 per year. </u>

<h3>How much should Jim withdraw per year?</h3><h3 />

Assuming the amount that can be withdrawn is x, the relevant formula would be:

(1,040 - x)  x 104 = 100x

Solving for x gives:

108,160 - 104x = 100x

108,160 = 100x + 104x

108,160 = 204x

x = 108,160 / 204

=  $530

Find out more on future value at brainly.com/question/16180669.

6 0
2 years ago
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The jou
Nostrana [21]

Answer:

b. Debit Work in Process Inventory $160,000; credit Factory Payroll Payable $160,000.

Explanation:

In order to record the cost of goods manufactured, once the goods are finished, you add up all the work in process debits. The following journal entry would be:

Dr Finished goods inventory

     Cr Work in process inventory (all added up)

In this case, since you are recording labor usage, you must also credit wages or payroll payable (that correspond to the amount of labor used to manufacture the goods).

8 0
3 years ago
You have graduated from college and, after working hard for ten years, have scraped enough money together to make a down payment
sasho [114]

Answer:

A conspiracy crime

Explanation:

Note that the tem consipiracy could also mean knowingly supporting directly or indirectly in a set course of action with another.

Thus, since the homeowner did not prevent the illegal actions of her acquaintance out of loyalty for her, the homeowner became part of an illegal drug sale conspiracy. This is further evident from the fact that the homeowner

gave the acquaintance three weeks to move out; in a sense giving more ample time for the illegal transactions.

6 0
3 years ago
What situation best illustrates the role of businesses in the circular flow of goods?
Eva8 [605]

Answer:

C, a company makes a new line of kitchen appliances

Explanation:

Just did it

8 0
3 years ago
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