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2 years ago

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1. Most financial crises in the United States have begun with A. a steep stock market decline. B. an increase in uncertainty res

ulting from the failure of a major firm. C. a steep decline in interest rates. D. all of the above. E. only A and B of the above.

1 answer:

irina1246 [14]2 years ago

7 0

Answer:

d

Explanation:

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Greenfield, Inc. agrees to make lease payments of $220 at the end of each month for 48 months for the use of a machine. Assuming

Anna35 [415]

Answer:

The Present value of the lease payment is $ 6,713.28

Explanation:

Given as :

The payment amount at the end of every months = $ 220

The total months = 48 months , i.e 4 years

The rate of compounded yearly = 12 %

Let The present principal value = P

∵ $ 220 is the payment at the end of 48 months

∴ Total amount in 48 months = $ 220 × 48 = $ 10,560

Now , <u>from compounded method</u>

The Amount after 48 months = Present value × $(1+\frac{\textrm Rate}{100})^{\textrm Time}$

So , $ 10,560 = P × $(1+\frac{\textrm 12}{100})^{\textrm 4}$

Or, $ 10,560 = P × $(1.12)^{4}$

So , $ 10,560 = P × 1.573

∴ P = $\frac{10560}{1.573}$ = $ 6,713.28

Hence The Present value of the lease payment is $ 6,713.28 Answer

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3 years ago

What are the challenges planner and mangers do not face in decision making?<br>

Lady bird [3.3K]

Answer:

Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more

Explanation:

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3 years ago

Consider a mutual fund with $260 million in assets at the start of the year and 10 million shares outstanding. The fund invests

Ugo [173]

Answer: $26; $28.057

Explanation:

Total value = $260 million in assets

Shares outstanding = 10 million

Dividends = $2.5 million

Fund value at the start of the year = $\frac{Total\ value}{No.\ of\ shares\ outstanding}$

= $\frac{260}{10}$

= $26

Fund value at the end of the year:

Dividend per share = $\frac{Dividends}{No\ of\ shares}$

= $\frac{2.5}{10}$

= $0.25

Price gain at 9% with deduction of 1% of 12b-1

Fund value at the end of the year = $26 × 1.09 × (1 - 0.01)

= $28.057

4 0

3 years ago

During the months of January and February, Hancock Corporation sold goods to three customers. The sequence of events was as foll

hram777 [196]

Answer:

the net sales for the two months is $2,448

Explanation:

The computation of the net sales for the two months is shown below:

= Sale made on Jan 6 + sale made on Jan 6 + sales made on Feb 28 - discount on sale made on Jan 6

= $1,400 + $690 + $400 - ($1,400 × 3%)

= $2,490 - $42

= $2,448

hence, the net sales for the two months is $2,448

The same is to be considered

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3 years ago

Ben Palman owns an art gallery. He accepts paintings and sculpture on consignment and then receives 20% of the price of each pie

Elan Coil [88]

Answer:

1. The cost formula for the gallery's costs for a year would be Total cost=$80,000+$500X

2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed is $86,000

Explanation:

1. According to the given data the cost formula for the gallery's costs for a year would be as follows:

Total cost=Fixed costs+Variable costs for the level of activity

Total cost=$80,000+$500*number of opening shows

Total cost=$80,000+$500X

2. The total cost for Ben in a year with 12 opening shows Using the cost formula developed above would be as follows:

Total cost=$80,000+$500X

Total cost=$80,000+$500*12

Total cost=$80,000+$6,000

Total cost=$86,000

3 0

3 years ago