Answer: $140710
Explanation:
From the question, we are informed that the portfolio of non-dividend-paying stocks earned a geometric mean return of 5% between January 1, 2010, and December 31, 2016 and that the arithmetic mean return for the same period was 6%.
If the market value of the portfolio at the beginning of 2010 was $100,000, the market value of the portfolio at the end of 2016 will be calculated as:
= $100,000 × (1 + 5%)^7
= $140,710
Answer:
$1,820,000
Explanation:
Calculation to determine at what amount did LeBron's Bookstores report the discontinued operations
Using this formula
Discontinued operations=Net sales-Cost of goods sold -operating expenses - Income tax expense -After taxes
Let plug in the formula
Discontinued operations= $ 14 million-$8 million-$3 million-$900,000-$280,000
Discontinued operations=$1,820,000
Therefore what amount did LeBron's Bookstores report the discontinued operations will be $1,820,000
Answer:
$750
Explanation:
Since we are not given any interest rate, we have to assume that Maryanne will not earn any interest from her savings.
She expects to retire in 30 years and after that expects to live 10 more years. Then she is going to earn money for the 75% of her remaining life. For every $1,000 earned, she needs to save?
$1,000 x 30 = 40X
$30,000 = 40X
X = $30,000 / 40 = 750
Answer:
Perfect competition is a market situation by means of which no supplier can influence or determine the price of a good or service, as long as there is a multiplicity of suppliers who offer a homogeneous good, equivalent to that of the other suppliers. These goods, therefore, would not have differences between them (an example could be the fruit market), and therefore buyers could decide to buy from those sellers who offer the best prices. In this way, perfect competition would be generated between the bidders, who through their price would seek to attract buyers. For this type of competition (in theory, since in practice it is almost impossible) to occur, it requires a market without any type of barriers, with a product with the same characteristics, a high number of market players and abundant information about each of the products.
Answer:
The economic savings for purchasing the Janome 15 model = $3000
Explanation:
<u><em>Step 1: Calculate Total cost of purchasing Janome 12 model</em></u>
Retail cost = 10000
Lifetime maintenance = 500
Operating expenses = 1500 × 5 = 7500
Total cost = 18000
<u><em>Step 2: Calculate total cost and benefit of Janome 15</em></u>
Retail cost = 12000
Lifetime maintenance = 500
Operating expenses = 1500 × 5 = 7500
total cost = 20,000
Calculate benefits of Janome 15
increase in productivity = 500 × 5 = 2500
reduction in operating expenses = 500 × 5 = 2500
total benefit = 5000
<u><em>Step 3: Calculate net cost of Janome 15 </em></u>
net cost = total cost - total benefit
= 20,000 - 5000
= 15000
<u><em>Step 4: Calculate net benefit of buying Janome 15 </em></u>
18000 - 15000 = 3000
