<u>Given:</u>
Consumer price index in 1991 = 136.2
Consumer price index in 2017 = 244
One billion dollar in numbers = 1,000,000
<u>To find:</u>
Money required in 2017 to have the same amount of real purchasing power that they did in 1991.
<u>Solution:</u>
Assuming 1991 as base year and 2017 as target year,
The purchasing power during 1991-2017 is




<u>Result:</u>
In 2017, The Barenaked Ladies need
to have the same amount of real purchasing power that they did in 1991.
The accounts receivable subsidiary ledger is a book of accounts that provides supporting detail for Accounts Receivable.
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check: 3% of $1,333 = $40
This implies that the bond's annual interest rate = 12% (3% * 4)
It is "False" that a trademark is an exclusive right granted to its owner to publish and sell a musical, literary, or artistic work during the life of the creator plus 70 years.
<h3>
What do you mean by Trademark?</h3>
A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others,
Copyright to create works such as literary books, music albums, films, animated media, and so on.
Copyrights protect creative or intellectual works, and trademarks apply to commercial names, phrases, and logos.
Learn more about Trademark, refer to the link:
brainly.com/question/14578580
#SPJ1
Answer:
At this point, Simon has lost $1,000 of his money.
Explanation:
This can be determined by calculating the current value of Simon's investment as follows:
Initial amount invested = $8,000
Value of the investment on July 17 = Initial amount invested * (100% - Percentage of loss) = $8,000 * (100% - 50%) = $4,000
Value of the investment on October 17 = Value of the investment on July 17 * (100% + Percentage of increase) = $4,000 * (100% + 75%) = $7,000
Amount of loss on October 17 = Initial amount invested - Value of the investment on October 17 = $8,000 - $7,000 = $1,000
Therefore, at this point, Simon has lost $1,000 of his money.