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s2008m [1.1K]
3 years ago
13

The IMF projects that​ China's real GDP per person will be​ 57,163 yuan in 2017 and​ 60,334 yuan in 2018 and that​ India's real

GDP per person will be​ 98,028 rupees in 2017 and​ 104,191 rupees in 2018. By maintaining their current growth​ rates, which country will be first to double its standard of living and when will that​ happen? By maintaining their current growth​ rates, _______ will be the first to double its standard of​ living, and that will occur in​ _______.
Business
1 answer:
erica [24]3 years ago
5 0

Answer: India / 11.1years

Explanation:

Per capita income (PCI) or average income measures or calculate the average income earned per person in a given place (country,city, region etc.) in a particular year. It can be calculated by dividing the area's total income or wealth by its total number of population.

India's GDP will increase or double than that of China's, because is has a larger income than that of China.

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A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to
Serggg [28]

Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = (1 + \frac{0.08}{4}) \times 4-1

       =  1 + 0.02 \times 4-1\\\\=  1 + 0.08 -1\\\\= 0.08\\\\

The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

1)

To pick the worksheet, click ICONV 2.

2)

Its previous meaning will represent the NOM.

3)

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

NOM = previous value 2nd ICONV:

NOM = 0.00 2nd CLRWORK:

8 DAYS: Name = 8.00.

EFF: DownArrow = 0.00

DownArrow: C / Y = meaning previous

4)

DOS: C / Y = 5.00 p.m.

EFF: DownArrow = 0.00

CPT: FRP = 8.24

3 0
3 years ago
Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 220,000 shares outstanding, and its debt-to-ass
stellarik [79]

Answer: Option (c) is correct.

Explanation:

Given that,

EPS = $3.50

Book value per share = $22.75

Shares outstanding = 220,000

Debt-to-assets ratio = 46%

Total Equity (Book Value) = Book value per share × Shares outstanding

                    = $22.75 × 220,000

                    = $5,005,000

Total Assets = \frac{Total\ Equity}{1 - Debt\ to\ assets\ ratio}

                     =  \frac{5,005,000}{1 - 0.46}

                     = $9,268,518.52

Debt outstanding = Total Assets - Total Equity

                              = $9,268,518.52 - $5,005,000

                              = $4,263,518.52

                              = $4,263,519 (approx)

5 0
3 years ago
In the first wave of electronic commerce, radio-frequency devices and smart cards were combined with biometric technologies. In
defon

Answer:

b) In the first wave, Internet technologies were integrated into B2B transactions and internal  business processes by using bar codes and scanners to track parts, assemblies, inventories,  and production status. These tracking technologies were not well integrated,  sending transaction information to each other using a patchwork of communication methods,  including fax, e-mail, and EDI.

c) The Internet technologies used in the first wave of electronic commerce were slow and inexpensive. Most consumers used dial-up modems to get connected to the Internet.

Explanation:

The first wave of electronic commerce was mainly a U.S. phenomenon with the web  pages in English, on commerce sites, with the e-mail as a tool for relatively unstructured  communication. Investors were excited  about electronic commerce, creating new enterprises, no matter the investment or the weak baseline ideas were, to have an easy access to start-up and exploit electronic commerce opportunities.

The second wave is characterized by its international scope, with sellers doing business in many countries and in many  languages though translation and currency conversion are two impediments to the efficient conduct of global business. The  fast increase from 12% in 2004 to 60% in 2009, in broadband connections in homes, and is a key element in the B2C component to make Internet more efficient.

In the second wave, Radio Frequency Identification (RFID)  devices and smart cards are being combined with biometric technologies, such as fingerprint  readers and retina scanners, to control more items and people in a wider variety of situations.

These technologies are increasingly integrated with each other and with communication systems that allow companies to communicate with each other and share transaction, inventory  level, and customer demand information effectively.

4 0
3 years ago
Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to re
inysia [295]

Answer:

Total market value of shares = 1.25 billion x $20 = $25 billion

Market value of shares after share repurchase = $25 billion - $5 billion

                                                                                 = $20 billion

No of shares after repurchase = <u>Market value after repurchase</u>

                                                       Market price per share

                                                    = <u>$20 billion</u>

                                                       $20

                                                    = 1 billion shares

The correct answer is B

Explanation:

The total market value of shares is obtained by multiplying the number of shares outstanding by the market price per share. The market value after repurchase is total market value of shares less value of shares repurchased. The number of shares outstanding after repurchase is the market value after repurchase divided by the market price per share.

7 0
3 years ago
Andre dickinson, owner of andre's fine wines, also owns a personal residence that costs $475,000. the market value of his reside
Orlov [11]
<span>the economic entity assumption</span>
6 0
3 years ago
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