A simple goal nicole can do is save $50 per month. (200 divided by 4)
Answer:
The correct answer is option C.
Explanation:
The price of wine has risen from $7 to $9 per bottle and the price of cheese has fallen from $6 to $5 per pound.
Anne’s income has stayed fixed at $46 per week.
Anne has been buying 4 bottles of wine and 2 pounds of cheese per week.
At the initial price she was spending
= 
= $28 + $12
= $40
After the price change she has to spend
= 
= $36 + $10
= $46
Since she has to spend more to consume the same level of output, we can say that Anne is worse off.
Answer:
$1,123.69
Explanation:
We can use the yield to maturity formula to determine the current market price of the bonds.
YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]
- YTM = 5.3% / 2 = 2.65%
- coupon = $1,000 x 7% x 1/2 = $35
- face value = $1,000
- n = 9 years x 2 = 18
0.0265 = {35 + [(1,000 - M)/18]} / [(1,000 + M)/2]
0.0265 x [(1,000 + M)/2] = 35 + [(1,000 - M)/18]
0.0265 x (500 + 0.5M) = 35 + 55.56 - 0.05555M
13.25 + 0.01325M = 90.56 - 0.05555M
0.0688M = 77.31
M = 77.31 / 0.0688 = $1,123.69
Answer:
$193,000
Explanation:
Carter Company
Sales 4,525,000
Cost of goods sold <u>-2,550,000</u>
1,975,000
Operating expenses <u>-1,372,000</u>
Net Income 603,000
Average invested assets 4,100,000
Target income 10% 410,000 <u>410,000</u>
Residual income <u>$193,000</u>
Answer: option A: More competition for jobs in those areas are witnessed when federal programs provided more electricity in rural areas of the Midwest and South.
Explanation:
In the time of the Great Depression, President Roosevelt has passed the Rural Electrification Act (REA) in 1935 as part of the New Deal execution amendment. Through the beneficial act of supplied quantity of electricity units, the rural areas of the Midwest and South got the fine chance to expand the production of goods and services which covered the expenses of the cost of production.
Agriculture is the primary occupation of those areas, the electricity supply helped them to produce more agricultural products and also it supported Agro-based industries. The installation process are initiated and all farmers got loan advances by the cooperative societies.
