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3 years ago

Prior to the iconoclasm of the eighth century, icons were accepted as __________________.

1 answer:

7 0

Here is the answer: Before the iconoclasm of the eighth century occurred, icons were recognized as INTERMEDIARIES BETWEEN WORSHIPPERS AND THEY REPRESENTED HOLY FIGURES. Iconoclasm involves the belief that these holy figures or monuments should be destroyed based on religious beliefs too.

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A local university has a goal of raising $500,000 for an escrow account. Their fund-raising committee has committed to raising $

zavuch27 [327]

Answer: 77 months

Explanation:

Use the NPER function on Excel to find the answer.

Rate is compounded monthly so:

= 8% / 12

= 0.66667%

Payment = 5,000 per month

Present value = $0

Future value = 500,000

Value should be = 76.87 months

= 77 months

6 0

3 years ago

You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 8 percent, −15 percent, 19 perc

sattari [20]

Answer:

a). Arithmetic average return=12.80%

b). The variance of the company's returns=116.2

c). Standard deviation=10.78

Explanation:

a). The arithmetic average return can be expressed as;

Arithmetic average return=Sum of returns/Number of returns

where;

Sum of returns=8%+(-15%)+19%+31%+21%=64

Number of returns=5

replacing;

Arithmetic average return=64/5=12.80%

b). Variance of the company's returns

Step 1: Write down formula for variance

Variance=∑(Xi-X)²/n-1

where;

Xi=term in data set

X=sample mean

∑=sum

n=sample size

Step 2: write down each data set

X1=8%, X2=-15%, X3=19%, X4=31%, X5=21%

Step 3: Subtract the mean from each data set

Take the absolute value of each data

X1-X=8-12.8=-4.8

X2-X=15-12.8=2.2

X3-X=19-12.8=6.2

X4-X=31-12.8=18.2

X5-X=21-12.8=8.2

Step 4: Square each result and sum

∑(Xi-X)²=4.8²+2.2²+6.2²+18.2²+8.2²=464.8

Step 5: Divide by n-1

n=number of data points=5

n-1=5-1=4

∑(Xi-X)²/n-1=464.8/4=116.2

The variance of the company's returns=116.2

c). Standard deviation=√variance=√116.2

Standard deviation=10.78

5 0

3 years ago

Stop and Go has a 4.5 percent profit margin and a 15 percent dividend payout ratio. The total asset turnover is 1.6 and the debt

AVprozaik [17]

Answer:

10.85 percent

Explanation:

Return on equity = 0.045 × 1.60 ×(1 + 0.60) = 0.1152

Sustainable growth = [0.1152 × (1 - 0.15)]/{1 - [.1152 × (1 - 0.15)]} = 10.85 percent

The sustainable growth rate is the rate of growth that a company can expect to see in the long term. Often referred to as G, the sustainable growth rate can be calculated by multiplying a company’s earnings retention rate by its return on equity. The growth rate can be calculated on a historical basis and averaged in order to determine the company’s average growth rate since its inception.

The sustainable growth rate is an indicator of what stage a company is in, during its life cycle. Understanding where a company is in its life cycle is important.

3 0

3 years ago

What is a tax refund?

Tatiana [17]

Answer:

A tax refund is essentially a payment to the taxpayer when the taxpayer pays more tax than they owe.

Explanation:

May I have brainliest please? :)

8 0

2 years ago

On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $54,480. Calvin Co. has one recorded ass

Sunny_sXe [5.5K]