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3 years ago

Most stock exchanges today use electronic trading

Business

1 answer:

n200080 [17]3 years ago

4 0

True

(Not sure what was the question about but I’m guessing it’s a true/false?)

hope this helps :)

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If the demand for a good decreased, what would be the effect on the equilibrium price and quantity? Group of answer choices Pric

antoniya [11.8K]

Answer:

The answer is C. Price would decrease, and quantity would decrease

Explanation:

When the demand for a good decreases, the equilibrium price will decrease and equilibrium quantity too will decrease.

The decrease in demand results in excess supply at the prevailing market price and excess supply will make price to drop and if this happens, the law of supply (the lower the price the lower the quantity supplied) will come to play, thereby decreasing quantity supplied.

3 0

3 years ago

Joe Smith borrowed $46,000 to pay for a startup business. Joe must repay the loan at the end of 8 months in one payment with a 5

stepladder [879]

Answer:

The correct answer is $47,596.2.

Explanation:

According to the scenario, the given data are as follows:

Total amount (P)= $46,000

Rate of interest = 5.2%

Time period = 8 months

So, rate of interest for 8 months (r) = 5.2% × 8 ÷ 12 = 3.47%

Time period (t)= 1

So, we can calculate the Joe loan repayment value by using following formula:

Loan repayment value = P × ( 1 + r)^t

= $46,000 × ( 1 + 3.47%)^1

= $46,000 × ( 1.0347)^1

= $47,596.2

8 0

4 years ago

A new operating system for an existing machine is expected to cost $565,000 and have a useful life of six years. The system yiel

Inessa [10]

Answer:

The net present value of each potential investment:

Machine A Machine B

NPV $167,675 $2,267

Explanation:

a) Data and Calculations:

Machine A Machine B

Cost of machine $565,000 $410,000

Incremental after-tax income 165,000 75,000

Salvage value 25,000 26,000

Estimated useful life 6 years 8 years

Required rate of return 10% 10%

Annuity factor 4.355 5.335

PV factor 0.564 0.467

PV of incremental after-tax income $718,575 $400,125

($165,000*4.355) ($75,000*5.335)

PV of salvage value $14,100 $12,142

Total PV of income $732,675 $412,267

NPV $167,675 $2,267

= Total PV of income minus PV of initial investment cost

7 0

3 years ago

Exercise 4-7 (Algo) Income statement presentation; discontinued operations; restructuring costs [LO4-1, 4-3, 4-4] Esquire Comic

andrew11 [14]

Answer:

Net income = $1,353,750

Note: See the income statement below.

Explanation:

Before preparing the income statement, the following calculations are done first:

Income from operations of discontinued component = Income before-tax generated by the division - Before-tax loss on disposal = $630,000 - $405,000 = $225,000

Income from continuing operations = Income before tax - Restructuring costs = $1,650,000 - $70,000 = $1,580,000

The income statement can now be prepared as follows:

Esquire Comic Book Company

Partial Income Statement

For the year ended December 31, 2021

Details $

Income from continuing operations 1,580,000

Discontinued operations gain (loss):

Income from discontinued component 225,000

Total income before tax 1,805,000

Tax expenses (1,805,000.00 * 25%) (451,250)

Net income  1,353,750 

5 0

3 years ago

What is the term for the most significant of early public budget reforms where a governor or mayor would be responsible for prep

ELEN [110]

Answer:

Executive budget

Explanation:

The Executive Budget is a budgetary system that aims to link budgetary-resource allocation and management to the City Council's strategies.

5 0

3 years ago