Answer:
The answer is: the real gain in real GDP between 2010 and 2000 is 18.34%
Explanation:
First we have to determine the real GDP using the GDP deflator.
GDP deflator = (nominal GDP / real GDP) x 100
For year 2000:
24 = ($672 billion / real GDP ) x 100
2,400 = $672 billion / real GDP
real GDP = $0.28 billion
For year 2010:
51 = ($1,690 billion / real GDP ) x 100
5,100 = $1,690 billion / real GDP
real GDP = $0.331 billion
To calculate the real gain between real GDP from year 2000 to year 2010, we divide real GDP 2010 over real GDP 2000 and subtract 1:
($0.331 billion / $0.28 billion) -1 = 0.1834 x 100% = 18.34%
Answer:
True
Explanation:
The reason is that all the management owe fiduciary duties towards the shareholders and the corporation as well because the managers are acting as an agent and their principal is shareholders are principal so the agent must act in the best interest of the principal and shareholder's best interest here is long term success of the company with no fraudulent activities in the company. This law protects the shareholders by stating that management owe fiduciary duty to shareholders which is a true statement.
Answer:
The company’s return on common stockholders’ equity for the present year is 7.9%
Explanation:
The return on common stockholders’ equity of the company for the present year is computed as:
= Net Income - (Shares x 6% x Rate of shares)
where
Net Income is $171,000
Shares is 10,000
Rate is $100
Putting the values in the above:
=$171,000 - (10,000 x .06 x $100)
= $171,000 - $60,000
= $111,000
Return on common stockholders’ equity = [ $111,000 / Common stockholders’ equity on January 1 + Common stockholders’ equity on December 31 / 2 )]
= ([$111,000($1,200,000+$1,600,000 /2 )]
= $111,000 / ($28,00,000 / 2)
= $111,000 / $14,00,000
= 0.079 or 7.9%
The Railroad industry!! :)
Answer:
The current price of the bond would be € 898.87
Explanation:
Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.
Where:
Coupon = 1,000*0.078=78
Yield = 0.089 (or 8.9%)
Face Value= 1,000
n = 20 coupon payments
So, everything should look like this.
Therefore, the price of this bond is € 898.87
Best of luck.
