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Lina20 [59]
1 year ago
3

You own 50 shares in a major corporation stock valued at $128 per share. This stock gained 12% in value last year. Assuming the

stock will continue to grow at the same rate over the next 5 years, calculate the value of the stock per share in the 5th year.
Business
1 answer:
motikmotik1 year ago
0 0

Answer:

  • <u><em>$225.58</em></u>

<u><em></em></u>

Explanation:

The growth of this <em>stock</em> is an example of annual compounded interest: the value will increase at the same rate over the next 5 years, thus every year its value will be multiplied by 1 + 0.12 = 1.12.

Thus, at the end of the year 5, the share will have multiplied its value (1.12)⁵ times:

         Value=\$128\times 1.12^5\approx\$128\times 1.76234=\$225.58

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Goodstone Tire Corporation sells tires for $100 each. Per unit costs associated with producing and selling the tires are: Direct
sergey [27]

Answer:

Goodstone's net operating income will increase by $70,000.

Explanation:

Goodstone Tire Corporation

Analysis of accepting special order

Sales ($70 x 10,000)                                                                $700,000

Less Variable Expenses :

Direct materials and labor ($45 x 10,000)      $450,000

Variable Factory overhead ($8 x 10,000)         $80,000

Inspection fee                                                   $100,000      ($630,000)

Net Income (Loss)                                                                      $70,000

Conclusion

Goodstone's net operating income will increase by $70,000.

5 0
2 years ago
One company acquires another company in a combination accounted for under the acquisition method. "The acquiring company decides
Alik [6]

Answer: Option E: Operating results on the parent's financial records reflect consolidated totals.

Explanation: Operating results on the parent's financial records reflect consolidated totals is the reason the acquiring company might have made this decision

3 0
2 years ago
_____ refers to agreements among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers
klasskru [66]

Answer:

Economic integration

Explanation:

Economic integration can be defined as seen in the question can be defined as the agreement between countries to reduce or remove tariff to ensure that goods and services and other things between both countries.

This can simply mean that, when there are countries that import and export goods between each other, there is need for tariffs to be lowered or removed are to ensure that demand/supply of all these goods and services between the 2 countries. This would help to ensure the seamless availability of goods and services in the market.

Cheers.

5 0
2 years ago
Which of the following statements correctly describes how accounting helps managers? Select one: a. Accounting provides better w
il63 [147K]

Answer:

The correct answer is letter "B": Accounting centralizes and organizes processes.

Explanation:

Managerial Accounting is internally-based accounting that helps managers measure the results of their decisions. This is in contrast to financial accounting which emphasizes in more general, higher-level financial results of the company.  

One common managerial accounting tool in determining the profit margin in each of the company's products. This information helps managers set product prices and ensure they are making appropriate profit margins.

8 0
1 year ago
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Alexxx [7]

Answer:

A. Airplanes

Explanation:

According to the comparative advantage theory, it is suggested that a country should focus on the production of goods and services for which it has the lowest opportunity cost. Having that in mind, in this case, Since both can produce 20 Airplanes but America can produce 8 automobiles and Japan can produce 10 automobiles, America should specialize in airplane production since Japan has lower opportunity in producing automobiles than America in producing airplanes. So according to comparative advantage, United states of America is expected to specialize in Airplane production and Japan in Automobiles production.

7 0
1 year ago
Read 2 more answers
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