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
MissTica
3 years ago
10

A​ country's travel exports​ (good and services that international travelers buy while visiting the​ country) are increasing exp

onentially. The value of such​ exports, t years after​ 2011, can be approximated by ​V(t)equals111.83 e Superscript 0.088 t​, where V is in billions of dollars. ​a) Estimate the value of the​ country's travel exports in 2018 and 2020. ​b) Estimate the growth rate of the​ country's travel exports in 2018 and 2020.
Business
1 answer:
nasty-shy [4]3 years ago
5 0

Answer:

(a)In 2018, V(t)=$207.05 billion

In 2020, V(t)=$246.90 billion

(b)The export growth rate in 2018 is $18.22 billion per year

The export growth rate in 2020is $21.73 billion per year

Explanation:

The value of exports, t years after 2011 can be approximated by:

V(t)=111.83 e^{0.088 t}

(a)We want to estimate the value of the country's travel exports in 2018 and 2020.

Now, 2018-2011=7 years

Therefore, in 2018

V(7)=111.83 e^{0.088 *7}\\=\$207.05$ billion

Now, 2020-2011=9 years

Similarly, in 2020

V(9)=111.83 e^{0.088 *9}\\=\$246.90$ billion

(b)Growth rate

If V(t)=111.83 e^{0.088 t}, then:

V'(t)=111.83(0.088) e^{0.088 t}\\V'(t)=9.84104 e^{0.088 t}

Growth rate in 2018 (at t=7)

V'(7)=9.84104 e^{0.088*7}\\=\$18.22$ billion per year

Growth rate in 2020 (at t=9)

V'(9)=9.84104 e^{0.088*9}\\=\$21.73$ billion per year

You might be interested in
Bolt Corp. dismissed Ace as its general sales agent and notified all of Ace’s known customers by letter. Young Corp., a retail o
makkiz [27]

Answer:

The correct option is C

Explanation:

Agency is a relationship between two parties whereby one party (agent) agrees to act on behalf of the other party (principal) with respect to third parties. A contract is not required but frequently present. The law of agency is concerned with the rights, duties and liabilities of the parties in an agency relationship.

4 0
3 years ago
Selected income statement data follow for Harley Davidson, Inc., for the year ended December 31, 2016 (in thousands): Income bef
Alina [70]

Answer:

D. 35.5

Explanation:

Times Interest Earned

\frac{EBIT}{Interest \:Expense}

Where EBIT = Earning before interest and taxes

In your assingment we have the Income before the income taxes, whgich means it is including the interest expense, we need to remove it:

EBT + Interest expense = EBIT

1,023,911 + 29,670 =1,053,581

Now we calculate the TIE

1,053,581 /  29,670 = 35.50997641 = 35.51 = 35.5

The company earns their interest 35.5 times.

6 0
3 years ago
Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which 65 units were sold. Un
mezya [45]

Answer:

FIFO ending inventory  300 dollars

LIFO ending ivnentory  200 dollars

Explanation:

May-1 Inventory 30 units at $8 $  240

15 Purchases 25 units at $11     $  275

24 Purchases 35 units at $12    $ 420

  Total good available     90 units for a value of $935

We sale 65 units therefore, 25 units remains in our ending inventory.

FIFO will sale the first units leading the newest for inventory

So May 24th would be our ending inventory:

25 units x $12 = $300

LIFO will sale the newest and leave the oldest as inventory.

May 1st units are still at inventory according to LIFO

25 units x $8 = $200

7 0
3 years ago
4. If you were going to spend more on marketing, which product would you<br> emphasize and why?
Sergeu [11.5K]

Answer:

Pastries

Explanation:

The marketing in pastries is mandatory as is the slow mover of the products line. The 10.8% participation in the total of sales depict a loss of margin therefore this product needs marketing to improve the sales share.

5 0
3 years ago
Nielsen Audio is in the process of attempting to get away from the paper-diary method of data collection by having people carry
vlada-n [284]

Answer:

A. Portable people meter

Explanation:

The portable people meter also called the Nielsen meter or PPM for short is a device used to define listening habits on behalf of radio stations across the United states of America. It records media when it is being used and by who is using it. It's like a pager like device in which people carry out through out the day. The Nielsen then uses data it gets to produce monthly ratings of local reports for each markets.

7 0
3 years ago
Other questions:
  • Which of the following four Ps of marketing includes TV, radio, print, and online advertising, as well as coupons, direct mail,
    7·1 answer
  • At $5 a bushel, there is an excess supply of wheat. Is this price above or below the equilibrium price?
    10·1 answer
  • What kind of leadership style would be best to employ if quick decisions are needed on a team?
    14·1 answer
  • If you are willing to purchase a house for $500,000 and you purchase the house for $500,000, this transaction will generate: a.
    8·1 answer
  • The price elasticity of a good will tend to be larger:
    14·1 answer
  • Nonprofit organizations begin their budgeting process with: anticipated funding. services to be provided. a sales budget. a cash
    5·1 answer
  • Creating and distributing __________ is one of the most widespread types of cyber crime.
    7·1 answer
  • The warsaw pact was a merger of communist nations after world war ii as a reaction to this alliance of democratic nations
    15·1 answer
  • The following data were gathered to use in reconciling the bank account of Photo Op. Company: Balance per bank $ 14,400 Balance
    12·1 answer
  • __________ is a cornerstone in the protection of information assets and in the prevention of financial loss.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!