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3 years ago

If a country of 300 million people has a total income of $12 trillion, its per capita income is:

1 answer:

6 0

12,000,000,000,000/300,000,000
Remove 8 zeroes from each value:
120,000/3 = 40000
The per capita income is $4000
So the per capita income is $40000 for every man, woman, and child.

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Bay City Mining, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, an

weqwewe [10]

Answer:

a. 50, which is high by historical standards.

Explanation:

a. 50, which is high by historical standards.

It is high because current price is high than earnings.

Earning yield is the reciprocal of price earning ratio that is = 1/ (P/E ratio) expressed as a percentage.

PRice Earning ratio = Market price per share/ Earning per share

Price Earning ration= $20/ 0.4 = 50

Earning per share= Earnings/ No of shares outstanding

EPS= $ 1 million/$ 2.5 million = 0.4

5 0

3 years ago

Marginal utility is A. the total utility received from consuming a certain quantity of a good divided by the quantity. B. the ut

Olegator [25]

Answer:

The utility received from consuming one unit of a good

Explanation:

Marginal utility refers to the additional satisfaction that a consumer will obtain from consuming additional units of goods or services.

Marginal utility is utilized by economists to identify and check how much of a particular item a consumer is willing and ready to buy.

Marginal utility is calculated as:

change in total utility/ change in the number of goods consumed.

6 0

3 years ago

Read 2 more answers

Jam Company had P5,000,000 note payable that is due on March 1, 2014. The entity borrowed P3,500,000 on February 1, 2014 which h

maria [59]

The amount of Jam's Note Payable that should be classified as non-current on December 31, 2013 is P0.

The non-current liability is the payable that is not due within the next 12 months.

Since the P5,000,000 note is due within 2014 (precisely on March 1, 2014), on Jam Company's Balance Sheet as of December 31, 2013, the total amount will be classified as a current liability and not non-current.

Thus, the amount of Jam's note payable classified as non-current on December 31, 2013 is equal to zero.

Learn more: brainly.com/question/14921529

3 0

3 years ago

When setting prices, the company also must consider other factors in its external environment. how will _______ react to various

Taya2010 [7]

Sorry don't know the answer but keep up the good work

6 0

3 years ago

On March 31, 2021, Chow Brothers, Inc., bought 8% of KT Manufacturing’s capital stock for $51.5 million. KT’s net income for the

In-s [12.5K]

Answer and Explanation:

a. The Journal entries are shown below:-

Investment - Capital stock Dr, $51.5 million

To Cash $51.5 million

(Being investment is recorded)

Unrealized holding gain or loss Dr, $15.5 million ($51.5 - $36.0)

To Fair value adjustment $15.5 million

(Being fair value adjustment is recorded)

b. Unrealized holding gain or loss Dr, $5.5 million ($51.5 - $30.5 - $15.5)

To Fair value adjustment $5.5 million

(Being fair value adjustment before sale is recorded)

Cash Dr, $30.5 million

Unrealized holding gain or loss Dr, $21 million

To Investment - Capital stock $51.5 million

(Being sale of investment is recorded)

4 0

3 years ago