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deff fn [24]
3 years ago
7

Eckelberger Products Inc. makes high-speed recorders with high-speed scanning. The small company has been growing at an average

rate of 70% per year for the past 4 years. The CEO asked you to convert the past growth rate into a daily rate for its annual report. If the past growth rate was an effective rate, what was the effective growth rate daily
Business
1 answer:
laila [671]3 years ago
6 0

Answer:

The effective growth rate daily is 0.1455%

Explanation:

The effective growth rate daily can be computed using the below daily growth rate formula:

effective daily rate=(1+annual rate)^1/365-1

annual growth rate as given in the question is 70%

effective daily growth rate=(1+0.70)^(1/365)-1

effective daily growth rate =1.001454833 -1

effective daily growth rate=0.001455

effective daily growth rate=0.145483327  %

effective daily growth rate =0.1455%  approximately

The fact that the business is growing at this rate on daily basis is good indicator of business success which must be leveraged upon in the future in order to take the business even to greater heights.

However,the validity of the annual rate of 70% is also very important,whatever parameters used in arriving at 70% needs to be rechecked in order to be on the safe side.

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timofeeve [1]

Answer:

1.  Rise

2.  Increasing

3.  Rise

Explanation:

For example, the sticky-wage theory asserts that output prices adjust more quickly to changes in the price level than wages do, in part because of long-term wage contracts. Suppose a firm signs a contract agreeing to pay its workers $15 per hour for the next year, based on an expected price level of 100. If the actual price level turns out to be 110, the firm's output prices will RISE, and the wages the firm pays its workers will remain fixed at the contracted level. The firm will respond to the unexpected increase in the price level by INCREASING the quantity of output it supplies. If many firms face similarly rigid wage contracts, the unexpected increase in the price level causes the quantity of output supplied to RISE above the natural level of output in the short run.

The above explanation is the reason why the aggregate supply curve slopes upward in the short run

5 0
3 years ago
John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would e
jeka94
Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.
8 0
3 years ago
Each of the following would increase the demand for U.S. dollars, shifting the demand curve for dollars to theright, except:
earnstyle [38]

Answer:

<h2>The answer to the given question would be option C. or an increase in the real interest rate on U.S. assets.</h2>

Explanation:

  • An increase in the real interest rate on US financial assets basically imply a higher financial cost of borrowings of these assets which would consequently reduce the demand for US assets among foreign investors or borrowers.
  • As the real interest rate on US assets goes up,the foreign investor have to pay more as interest on any borrowing of the US assets in US dollars.Therefore,the periodic interest payments in terms of US dollars also increases for the foreign or international financial investors which will eventually reduce the demand for US dollars in the foreign exchange market for US dollars.
  • As a result of such occurrence,the demand curve for US dollars would shift leftward or downward thereby reducing the currency value of US dollars relative to other foreign or international currencies.
6 0
3 years ago
Suppose all stocks in Cheyenne’s portfolio were equally weighted. Which of these stocks would contribute the least market risk t
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Answer:

Least Market Risk - Fitcom Corp. as it has the lowest beta.

Explanation:

According to the given table, as we can see that there are 4 types of stock, 4 investment, 4 beta, and 4 standard deviations. Now, as per the requirement of the question the least market risk to the portfolio of the stock is Fitcom Corp. as it has the lowest beta that is 0.50.

Therefore the right answer is Fitcom Corp.

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3 years ago
if it was determined that the movement of exchange rates was not related to previous exchange rate values, this implies that a i
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Technology forecasting normative techniques like relevance trees, morphological models, and mission flow diagrams are also frequently utilized.

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Qualitative techniques, time series analysis and projection, and causal models are the three fundamental types.

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Learn more about Technology forecasting here:

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8 0
10 months ago
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