1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adoni [48]
3 years ago
9

Real per capita GDP in Singapore in 1960 was about $450, but it doubled to about $900.00 by 1977. a. What was the average annual

economic growth rate in Singapore over the 17.00 years from 1960 to 1977? (NOTE: Round this to two places past the decimal point.)
Business
1 answer:
aleksandrvk [35]3 years ago
6 0

Answer:

4.16%

Explanation:

to calculate Singapore's economic growth rate we can use the future value formula (we could also use the rule of 72 but it is not very exact):

future value = present value x (1 + r) ⁿ

  • future value = 900
  • present value = 450
  • n = 17
  • r = ?

900 = 450 (1 + r)¹⁷

(1 + r)¹⁷ = 900 / 450 = 2

1 + r = ¹⁷√2 = 1.0416

r = 1.0416 - 1 = 0.0416 or 4.16%

You might be interested in
At December 31, 2012 and 2011, Miley Corp. had 180,000 shares of common stock and 12,000 shares of 6%, $100 par value cumulative
Nuetrik [128]

Answer:

$2.5 per share

Explanation:

Earning Per share is the amount of earning for the period that allocated to each share. Normally it is calculated using common shares. The earning used in this calculation is purely the earning that is associated with the shareholders of the company. We can have this earning after deducting all the expenses and preferred dividend as well.

Formula:

Earnings per share = Net Income / Numbers of common Shares

Earnings per share = $450,000 / 180,000

Earnings per share = $2.5 per share

7 0
3 years ago
If you wish to enter the field of soil and
faltersainse [42]

4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

The 4 year college degree is tantamount to the Bachelor degree achieved from University, college etc.

Usually, the position of forestry and related job requires the minimum of Bachelor degree from related course in the field of soil and forest conservation.

Hence, the 4 year college degree is the minimum educational goal to attain if one wish to enter the field of soil and forest conservation.

Therefore, the Option C is correct.

Read more about forestry

<em>brainly.com/question/24518939</em>

6 0
2 years ago
At December 31, Idaho Company had the following ending account balances:
telo118 [61]

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details                                                                         $      </u>

Stockholder's Equity:

Common Stock                                                       525,000

Preferred Stock                                                      500,000

Additional Paid-In Cap. - Common Stock             625,000

Additional Paid-In Cap. - Preferred Stock              50,000

Treasury Stock                                                        (40,000 )

Retained Earnings                                                <u>  250,000  </u>

Balance at December 31                                    <u>   1,910,000  </u>

5 0
3 years ago
Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
Levart [38]

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
2 years ago
Presented below is information from Perez Computers Incorporated. July 1 Sold $20,000 of computers to Robertson Company with ter
Advocard [28]

Answer:

A journal is provided as an attachment to record the entries for Perez Computers.

Explanation:

The gross method of cash discounts assumes that the customer will not take advantage of the offered discount.  It therefore records the sale in full without netting off the discount element.  This was done in the answer.

When Robertson paid within 10 days, the 3% cash discount was allowed since payment was received within the terms of 15 days.

For The Clark Store, there was no discount because payment was received later than the allowed 10 days.

Download xlsx
4 0
2 years ago
Other questions:
  • Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe
    5·1 answer
  • Who wants to talk to me? (NO POLITICS) PLZ :(
    9·2 answers
  • A magician's goal is to get the audience to focus on one aspect of his demonstration while he manipulates another. this is easy
    9·1 answer
  • Business cycles consists of four phases: expansion, recession, contraction, and recovery. True or false?
    8·1 answer
  • An airline company that changes its logo is using which of the following strategies to keep up revenue in the maturity stage?
    6·1 answer
  • Keystone Foods, which invented the individual quick freeze process for beef, provides McDonald's with millions of pounds of chic
    14·1 answer
  • All the following are benefits of attending a community college except that
    13·1 answer
  • Regularly scheduled meetings are always necessary. T or F
    9·2 answers
  • A company increases the price of its clock radios by 10 percent and the company's total receipts fall significantly. What term b
    5·1 answer
  • Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!