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3 years ago

What are the use of water mill?

1 answer:

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Water mills, are large wheels powered by moving water. They were commonly used for grinding grain back when they were invented. They can also be used to generate electricity. The turning motion of the wheel can be geared to rotate a motor or generator.

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In a floating exchange rate system, a current account deficit is likely to be corrected by :

antiseptic1488 [7]

Answer:

a. a depreciation of the home currency

Explanation:

Floating exchange rate system is a system in which the exchange rates of any currency depends upon the forex market, basically the supply and demand force of the country in international trade.

Depreciation in home currency will make it cheaper for the country top export, as less payment need to be made for same goods by other country if the home country exports.

Imports will turn expensive, which shall decline imports.

Accordingly receipts will increase and payments will decrease, which shall result in re framing current account and the deficit shall be decreased and might be reversed into surplus.

3 0

3 years ago

Mayan company had net income of $33,480. the weighted-average common shares outstanding were 9,300. the company has no preferred

Dvinal [7]

Answer:

Earnings Per Share = $3.6

Explanation:

Given

Net Income Average = $33,480

Weighted-average common shares outstanding = 9,300

Shares sold = 4,300

Required

Calculate the company's earnings per share.

Earning per share is calculated as thus;

Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding

$Earnings Per Share = \frac{N - P}{W}$

The question says there was no preferred stock;

So, P= 0

Substitute $33,480 for N and 9,300 for W.

The formula becomes;

$Earnings Per Share = \frac{33,480 - 0}{9300}$

$Earnings Per Share = \frac{33,480}{9300}$

$Earnings Per Share = 3.6$

Hence, the calculated Earnings per share of Mayan company is $3.6

3 0

3 years ago

Suppose you face a choice between a certain income of $2,000, or a 50-50 chance of income of $1,000 or $3,000. Suppose you prefe

Aleonysh [2.5K]

Solution :

The risk averse is the person who wishes to reduce the uncertainty attached to the money.

Certain income = $2000.

50-50 chance of 1000 and 3000 would income expected income of

(0.5 x 1000) +(0.5 x 3000) = 2000

Both of them gives an equal amount of income while there is uncertainty attached with the second case which makes the risk averse person disincline to follow.

Hence the statement is FALSE.

Assume that the population level in a country is X. 5 percent of the population are likely to get affected by the disease due to which it makes a population of 0.05 X population to be effected by the disease. The population level will cost $38,000, hence making the total healthcare cost to be 1900 X.

8 0

3 years ago

Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the

Eduardwww [97]

Answer:

Split-off point:

The split-off point is the point at which products from the joint process appear and are identified. The costs which are incurred up to the split-off point are called joint costs and the costs that are incurred after the split-off point are called as

Separable costs. Some joint products which emerge from joint process can be sold at the split-off point or some products can be put to further processing.

Compute the profit or loss from the three products as shown below'

Description A B C

Selling price after further processing 20 13 32

Selling price at the split off point 16 8 25

Incremental revenue per pound or gallon 4 5 7

Total quarterly output in pounds or gallons $15,000 $20,000 $4,000

Total incremental revenue $60,000 $100,000 $28,000

Total incremental processing costs $63,000 $80,000 $36,000

Total incremental profit or (loss) ($3,000) $20,000 ($8,000)

Therefore the products A and C are need to be sold at the split off point and he product B should be processed further to earn good profits.

3 0

4 years ago

krek1111 [17]

Answer:

A shift to the right of the demand curve can be caused by any factor other than price that increases the willingless of consumers to purchase a product of service (in this case newspapers).

Two other events can result in a shift to the right of the demand curve for newspapers:

Local elections are held in Baltimore - when local elections are held, people become more interested in following local news in order to decide their vote, therefore, they are willing to purchase more newspapers.
A dramatic event occurs in Baltimore - it could be a natural disaster, a massacre, or an economic crisis, if things become too far from normal, people will want to learn about what is happening, and will look out for information in newspapers.

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3 years ago