A. 400%
The average loan term is about two weeks. Loans typically cost 400%annual interest (APR) or more.
Answer:
It will Decreases U.S. real GDP and on the other way round it will increases the well-being of a typical working person in the U.S.
Explanation:
The impact of the decline in working hours is that it will Decreases U.S. real GDP and on the other way round it will definitely lead to increase in the well-being of a typical working person in the U.S. because of the decline in the U.S work week which was formally 60 hours in the 1980 but now 40 hours today because a typical working person will have more time for him/her and the stress involved in working for 60 hours per week will reduce when compared with working for 40 hours per week because a typical working person in the U.S will preferred to work for 40 hours per week than 60hours per week for the betterment of their well being.
Answer:
Jameson's current stock price, P0 is $18.62
Explanation:
Required rate of return = Risk free rate + Beta*Market risk premium.
= 4.00% + 1.15*5.00 %
= 9.75 %
Current stock price, P0
= Expected dividend per share/(Required rate of return - Growth in dividends)
= (0.75 + 5.50%*0.75)/(0.0975 - 0.055)
= $18.62
Therefore, Jameson's current stock price, P0 is $18.62
Answer:
$1.07
Explanation:
The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:
The marginal cost is $1.07.
Answer:
a. $70,500
b. $7,500
c. $9,000
Explanation:
a. The computation of the amount of revenue is shown below:-
Amount of revenue = Ending balance of accounts receivable + Cash collected - Beginning balance of accounts receivable
= $10,500 + $72,000 - $12,000
= $70,500
b. The computation of net income earned during the accounting period is shown below:-
Net income = Revenue generated - Expenses
= $70,500 - $63,000
= $7,500
c. The computation of amount of cash flow from operating activities is shown below:-
Net cash flow from operating activities = Cash collection - Amount paid for operating expenses
= $72,000 - $63,000
= $9,000
