1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tom [10]
3 years ago
15

What is the mean, to the nearest tenth, of the numbers 22, 22, 27, 29, 30, 34, and 38?

Business
1 answer:
ICE Princess25 [194]3 years ago
8 0
The answer is 28.9 because you add all the numbers together and divide by 7. The answer is 28.8 which rounds to 28.9.
You might be interested in
Two years ago, Margo deposited $500 into a savings account. One year ago, she deposited an additional $300, and today she deposi
gregori [183]

Answer: none is correct.

Explanation:

Given data:

2 years ago = $500

1 year ago = $300

Today = $800

Solution:

PV ( presents value )

= p * r * t

Where:

p = principal ( $500, $300, $800 )

r = rate = 4%

t = duration (time) ( 2years, 1 year and present ).

= ( $500* 2 * 0.04 ) + ( $300 * 1 * 0.04 ) + $800

= $40 + $12 + $800

= $852

PV = $500 + $300 + $852

= $1,652.

3 0
3 years ago
The firm projects a rapid growth of 40 percent for the next two years and then a growth rate of 20 percent for the following two
il63 [147K]

Answer:

The price of the stock today is $15.63

Explanation:

The three stage Dividend Discount model will be used to calculate the price of this stock as the dividends are growing at three different growth rates. These dividends will be discounted back to calculate the price of the stock today.

The price per share today under this model will be:

P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [Dn * (1+gC) / (r - gC)] / (1+r)^n

Where,

  • D1 is the dividend expected for the next period of Year 1.
  • gC is the constant growth rate or third stage growth rate that will last forever.

P0 = 1.25 / (1+0.2)  +  1.25 * (1+0.4) / (1+0.2)^2  +  1.25 * (1+0.4) * (1+0.2) / (1+0.2)^3  +  1.25 * (1+0.4) * (1+0.2)^2  /  (1+0.2)^4  +  

[1.25 * (1+0.4) * (1+0.2)^2 * (1+0.08)  /  (0.2 - 0.08)]  /  (1+0.2)^4

The P0 = $15.625 rounded off to $15.63

7 0
3 years ago
Helmway company purchased equipment and these costs were incurred: cash price $21,500 sales taxes $1,800 insurance during transi
Artyom0805 [142]
Presto will record the acquisition cost of the equipment as $22,250 (21,500+430+320) which is the total cost for making the fixed asset ready for operation. The Generally accepted accounting principle requires a company to record all of the acquisition cost of a fixed asset. Thus, Presto company must capitalize all cost related to the fixed asset.
5 0
3 years ago
Your uncle has $340,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, star
timama [110]

Answer:

17.27 years

Explanation:

For this question we use the NPER formula that is shown on the attachment below:

Provided that  

Present value = $340,000

Future value = $25,000

PMT = $35,000

Rate of interest = 7.5%

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the number of year is 17.27 years

5 0
3 years ago
Although transaction costs are reasonable, ASI has encountered financial problems with high production costs. Jonathan, a vetera
marshall27 [118]

Answer: B2B

Explanation:

Based on the information given, we can infer that the interaction of the employee with ASI is an example of B2B..

Business-to-business simply means a form of transaction that is done between businesses, such as between a manufacturer and the wholesaler. It doesn't take place between the producer and the consumer.

7 0
3 years ago
Other questions:
  • Employees who are travelling can connect securely to their office network through the internet when a ________ has been establis
    13·1 answer
  • What are the signs that a chemical reaction has taken place?
    10·1 answer
  • When interests rates are low, spending deceases. True or false?
    5·2 answers
  • Which of the following dimensions of leadership behavior refers to the extent to which leaders take action to define the relatio
    6·2 answers
  • Identify the sentences with dangling modifiers. Be sure to check all that apply. Check all that apply. As the CEO, his e-mail me
    9·1 answer
  • Use the following financial statement information as of the end of each year to answer this question. 2017 2016 Inventory $54,00
    7·1 answer
  • Budgeting competency requires the ability to:__________
    11·1 answer
  • Callaway Golf Company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions r
    13·1 answer
  • True or false:
    10·1 answer
  • Which ics functional area establishes tactics and directs.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!