Answer:
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Explanation:
This can be expressed as;
Speed=Distance/Time
where;
Distance to be covered=5 kilometers
Time=35 minutes
replacing;
speed=(5/35)=0.143 km/min
In order to pass the fitness test his speed has to be greater than 0.143 km/min
Determine if 3 miles per 35 minutes is greater than 0.143 km/min
I mile=1.6 kilometers
How many kilometers make 3 miles,
Jimmy runs=(3×1.6)=4.8 kilometers in 35 minutes
Speed=4.8/35=0.137 kilometers/minute
Speed jimmy runs (0.137 km/min)<the pace he needs to run to pass fitness test(0.143 km/min)
The answer is option (c), no he will not pass because he is running 4.8 miles in 35 minutes
Answer:
You should buy more shares
Explanation:
The above-mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.
You own 300 shares of Somner Resources' preferred stock, which currently sells for $39 per share and pays annual dividends of $5.50 per share. If the market's required yield on similar shares 12% is percent, should you sell your shares or buy more?
Solution as mentioned below:
First of all we need to calculate value of the preferred stock by dividing the annual dividend per share from the market required rate.
Value of preferred stock = 5.50 / 12%
Value of preferred stock = $45.83
Now given the fact that the current price at which the stocks are sold is $39 which is less than the price at which they are actually valued which is $45.83. You should buy more of the shares as they are currently undervalued.
Answer:
The amount of total assets at the end of the year is $15,600
Explanation:
The computation of the total assets is shown below:
= Borrowed amount + issued stock to owners + purchase of supplies - paid to supplies
= $5,000 + $10,000 + $1,000 - $400
= $15,600
We considered all the items which are given in the question. The payment made to supplies should be deducted as it reduced the balance of cash So, the remaining items would be added
I believe the answer is B! Let me know if I am right:)
Answer:
True
Explanation:
For a stock to be in equilibrium, two conditions are necessary:
(1) The stock's market price must equal its intrinsic value as seen by the marginal investor;
(2) the expected return as seen by the marginal investor must equal his or her required return.