Answer:
Equity of the business= $17,076.
Explanation:
Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).
In other words, total equity refers to the value which is left in the company after the total liabilities must have been subtracted from the total assets.
The formula to calculate total equity is given below:
Equity = Assets - Liabilities
Therefore to calculate the equity above, we have:
Equity = $64,342 - $47,266
Equity = $17,076.
Answer:
b
Explanation:
highly-selective distribution.
Answer:
discount yield=7.17%
bond equivalent yield=7.34%
effective annual yield =7.64%
Explanation:
Discount yield =discount /face value*360/t
where t is the number of days to maturity
discount =face value -issue price
discount=100-97.63
discount=2.37
discount yield =2.37/100*360/119
discount yield=7.17%
bond equivalent yield=(1+periodic yield)^360/t-1
periodic yield =discount/face value=2.37/100=2.37%
bond equivalent yield =(1+2.37%)^(360/119)-1
bond equivalent yield=7.34%
effective annual yield=(1+HPY)^365/t-1
Holding period yield (HPY)=discount/price=2.37/97.63
HPY=2.43%
effective annual yield=(1+2.43%)^(365/119)-1
effective annual yield =7.64%
$0.05m + $50>55
0.05 per minute plus $50 per month for the plan less than $55
The deadweight loss is $90.6.
<h3>How to calculate the loss?</h3>
The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.
This means there's a loss of 10% in value constitute the deadweight loss.
Average amount spent on gift = $906
Percentage loss in value = 10% or 0.10
Calculate the deadweight loss -
= Average amount spent on gifts * Percentage loss in value
DWL = $906 * 0.10
The deadweight loss would be $90.6.
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A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.
Calculate the deadweight loss if the average amount is $906.