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3 years ago

Explain the contribution to society Steve Jobs made an impact that contribution had on society

1 answer:

4 0

Steve Jobs was the founder of Macintosh, now known as Apple. He worked to turn his ideas into reality, and he eventually developed some of the most useful and widely-known technology. Today, millions of people own an Apple device and it can be used to communicate all over the world. In addition, a reliable computer can be used for all sorts of things. One including: easily-accessible research (very convenient, since many people before needed access to a library in order to find information.) I believe that this is a major contribution to society since it has made research extremely accessible.

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Cost of a short-term bank loan) Jimmy Hale is the owner and operator of the grain elevator in Brownfield, Texas, where he has

zheka24 [161]

Answer:

The rate of interest qouted = 1% + 7% = 8%

The annual interest expenses = $220,000*8%= $17,600.

Mr Hale has to increase the amount of bank balance with bank from $4,000 currently to $44,000 (20% of $220,000). The net amount of money he would recieve= $220,000 -($44,000 - $4,000) = $180,000.

Therefore the net cost of borrowing = ($17,600/$180,000)*100= 9.78%.

if the interest rate is lowered to 7%, then annual interest expenses = $220,000*7%= $15,400.

The net annual cost of borrowing= ($15,400/$180,000)*100= 0.0855555 Or 8.55%.

Since interest rates has fallen, he can accept the project.

Explanation:

4 0

3 years ago

The risk-free rate of return is 2,2 percent, the expected market return is 11 percent, and the beta for solstice, inc. is 1.12.

hichkok12 [17]

A unique approach known as the capital asset pricing model or CAPM is employed in finance to determine the correlation between the risk of investing in a particular share and expected dividends. The expected returns for security are calculated using the CAPM model.

<h3>CAPM model</h3>

Required rate of return = Risk-free return + Beta (Market return - Risk-free return)

Required rate of return = 2.2% + 1.12 (11% - 2.2%)

Required rate of return = 12.05%

Hence, the correct option is D (12.05%).

The risk-free rate is the rate of return offered by an investment that carries zero risk. Every investment asset carries some level of risk, however small, so the risk-free rate is.

To learn more about CAPM models visit the link

brainly.com/question/2254619

#SPJ4

6 0

2 years ago

If you could completely remove something you put online forever, what would it be?

Shalnov [3]

Answer: Nothing, I just want it all if I would remove something I would of tell you. But I don’t. :)

Explanation:

6 0

3 years ago

Records that should be kept on each shareholder with reasons why. <br>

adelina 88 [10]

Answer:

minutes of board and committee meetings.

written communications with shareholders, including emails.

resolutions.

certificates issued by directors.

copies of all financial statements.

a record of the assets and liabilities of the company.

Explanation: points

3 0

3 years ago

You have a portfolio valued at $10,000. Over the next twelve months it loses 50% of its value. What return does the portfolio ne

goldenfox [79]

Answer:

return = 100%

Explanation:

given data

portfolio valued = $10,000

time = 12 months

loses = 50%

solution

we get here loss value for next 12 month is

= $10,000 × 50% .....................1

= $10,000 × 0.50

= $5000

and

return will be here as

return = $\frac{5000}{5000}$ × 100 .......................2

return = 1 × 100

return = 100%

5 0

4 years ago