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natima [27]
3 years ago
8

Which of the following best describes the amount of money you'll have if you put $1,000 into a savings account earning 1% annual

compound interest for 10 years?
A. The same $1000 you start with.
B Exactly $1100.
C. Slightly more than $1100.
D. $2000
Business
1 answer:
Luden [163]3 years ago
7 0
I'd choose C. slighltly more than $1100
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In the 1980s, the U.S. government budget deficit rose. At the same time the U.S. trade deficit grew larger, the real exchange ra
givi [52]

Answer:

None of the above is contrary to the predictions of the model.

Explanation:

The budget deficit is when the government spends more than the revenue it makes. Based on the information given, the trade deficit of the United States will grow.

Furthermore, the real exchange rate of the dollar will appreciate and the net capital outflow of the United States will fall as imports will be more than goods exported.

Therefore, the correct option is "None of the above is contrary to the predictions of the model".

7 0
3 years ago
Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of co
Scilla [17]

Answer:

Option (d) 7 times

Explanation:

Data provided in the question:

Net income = $250,000

Dividends paid to common stockholders = $50,000

Common stock outstanding = 50,000

Selling price of the common stocks = $35

Now,

The price-earnings ratio is calculated as:

⇒ ( Stock price ) ÷ ( Earnings per share )

also,

Earnings per share = ( Net income ) ÷ ( common stock outstanding )

= $250,000 ÷ 50,000

= $5

or

Price-earnings ratio = $35 ÷ $5

or

Price-earnings ratio = 7 times

Option (d) 7 times

4 0
3 years ago
Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stoc
larisa [96]

Answer:

Bob Marley, Elvis Presley, Michael Jackson

Explanation:

you have to kill one, marry one, jump one

3 0
3 years ago
Anson Jackson Court Company (AJC) The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of
ddd [48]

Answer:

7.38%

Explanation:

Calculation to determine what would be AJC's new WACC and total value

Using this formula

WACC and total value=(Equity)(Required rate of return on equity)+(Debt)(1-Tax rate)(Required rate of return on debt)

Let plug in the formula

WACC and total value=(0.6)(0.095)+(0.4)(1-0.4)(0.07)

WACC and total value=0.057+0.0168

WACC and total value=0.0738*100

WACC and total value=7.38%

Therefore would be AJC's new WACC and total value is 7.38%

5 0
3 years ago
On February 12, Goal Publishing, Inc., purchased the copyright to a book for $15,000 and agreed to pay royalties equal to 10% of
Ugo [173]

Answer:

option 2 $75,000

Explanation:

Data provided in the question:

Amount for which the copyright to a book purchased = $15,000

Agreed royalty = 10% of the book sales

Minimum royalty to be paid= $60,000

Total book sales = $750,000

Now,

The Amount of royalty according to the agreement

= 10% of Total book sales

= 10% of $750,000

= $75,000

Since,

The amount the greater than the minimum royalty

Hence,

the agreement amount will be paid

i.e

option 2 $75,000

3 0
3 years ago
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