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3 years ago

The financial markets are a relatively new technological development created in the last 50 years.

Business

1 answer:

Thepotemich [5.8K]3 years ago

8 0

Answer:

False

Explanation:

Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.

Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.

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In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in

leonid [27]

Answer:

c. 1.6 percent.

Explanation:

GDP Deflator = Nominal GDP / Real GDP * 100

year 1

Real GDP = $2250 billion/72*100

= $ 3125.

year 2

Real GDP = $2508 billion/79*100

= $3175

Real GDP rose by = Real GDP (2nd year) - Real GDP (1st year)

= $3175 - $3125

= $ 50

% increase = $50/$2,250*100

= 1.6%

Therefore, The Real GDP rose by 1.6%.

7 0

3 years ago

Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b

Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0

3 years ago

Badgersize Company has the following information for its Forming Department for the month of August.

sergiy2304 [10]

Question Completion:

Costs incurred in August:

Direct materials $154,000

Conversion costs $264,000

Answer:

Badgersize Company

Materials Conversion

a. Equivalent units 74,000 69,500

b. Cost per equivalent unit $3.162 $4.144

Explanation:

a) Data and Calculations:

Units Materials Conversion Total

Beginning WIP inventory 20,000 100% 20%

Units started August 54,000

Total units available 74,000

Transferred out 59,000

Ending WIP inventory 15,000 100% 70%

Cost of beginning WIP $80,000 $24,000 $104,000

Costs incurred in August 154,000 264,000 418,000

Total production costs $234,000 $288,000 $522,000

Equivalent unit Units Materials Conversion

Units transferred out 59,000 59,000 59,000

Ending WIP inventory 15,000 15,000 10,500

Equivalent units 74,000 69,500

Cost per equivalent unit

Total production costs $234,000 $288,000

Equivalent units 74,000 69,500

Cost per equivalent unit $3.162 $4.144

8 0

3 years ago

What is drill-down capability?a. Involves the aggregation of information and features simple roll-ups to complex groupings of in

MissTica

Answer:

The answer is C.

Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.

What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.

6 0

3 years ago

Read 2 more answers

ou are comparing two mutually exclusive projects. The crossover point is 12.3 percent. You have determined that you should accep

Verdich [7]

Answer:

the options are missing:

Always accept Project A.
Accept Project B if the required return is less than 13.1 percent.
Be indifferent to the projects at any discount rate above 13.1 percent.
Accept Project B only when the required return is equal to the crossover rate.
Always accept Project A if the required return exceeds the crossover rate.

the answer is:

5. Always accept Project A if the required return exceeds the crossover rate.

The crossover point tells us that one project must be chosen if the IRR is higher than the cross over point, but if the IRR is lower, then the other alternative should be selected.

In this case, the cross over point is 12.3% and we are told that project A should be selected if the required IRR is 13.1%. That tells us that the alternative that we must choose above 12.3% is project A. Project B should be selected if the IRR is less than 12.3%.

3 0

3 years ago