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tatiyna
3 years ago
9

Question 8

Business
1 answer:
Westkost [7]3 years ago
8 0

Answer:

It must be invested at 19% per year.

Explanation:

Given that Tanner is entering high school and needs to save as much money as he can for college, to determine what rate of return must Tanner earn for his investment of $ 5,000 to double in 4 years, the following calculation must be performed:

72 / X = 4

72/4 = X

18 = X

Thus, approximately, it must be invested at 18% per year. But it must be checked by the following calculation:

5000 x 1.18 ^ 4 = 9,693.88

5000 x 1.19 ^ 4 = 10,026.69

Thus, it must be invested at 19% per year.

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What are the three economic questions everyone must answer
Sidana [21]

Answer:

the three important economic questions are

1 - What are goods and services?

2-How should these goods and services be produced?

3-Who consumes these goods and services?

8 0
3 years ago
Panda Corporation owns 90% of Squirrel Inc.'s outstanding common stock. The carrying value of the investment in Sam is $180,000
Minchanka [31]

Answer:

The remaining shares should be carried at its fair value.

In this case then,  the fair value of the remaining shares = $260,000*(1-0.5) = $130,000

Explanation:

According to IFRS 3(Revised), A certain group may decide to sell its controlling interest in a subsidiary but retain significant influence in the form of an associate, or retain only a financial asset. If it does so, the retained interest is remeasured to fair value, and any gain or loss compared to book value is recognised as part of the gain or loss on disposal of the subsidiary.

6 0
3 years ago
Scott+stratton+recently+purchased+a+car+for+$22,500.+it+will+depreciate+at+a+rate+of+7%+per+year.+what+will+his+car+be+worth+in+
ICE Princess25 [194]

The cost of the car after 5 years from then, will be $15652.99.

Given here, the depreciation every year(r) 7%  or 0.07per year, asset cost (of the car) is $22,500 and time period (n) is 5 years.

The value after 5 years can be calculated as,

Depreciated value = asset cost ×(1-r) n

= 22500 × (1-0.07) 5

= 15652.99$.

Thus, the car worths 15652.99$ after 5 years.

The worth of an asset after its useful life is expired, as it is diminished over time by depreciation, is its depreciated cost. The asset’s worth is continuously diminished by figuring out how much it will cost to depreciate it, but the depreciated cost technique always permits accounting records to represent an item at its current value.

Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life.

To learn more about Depreciation, refer this link.

brainly.com/question/24218291

#SPJ4

3 0
2 years ago
. On January 1, 2018, Nana Company paid $100,000 for 10,000 shares of Mama Company common stock. The ownership in Mama Company i
natka813 [3]

Answer: $450,000

Explanation:

It is shown that Nana Company does not have significant influence over Mama Company.

What this means is that Mama's retained earnings, incomes or dividends have no effect on the investment account of Nana in relation to their Mama investment.

The only relevant amount is the fair value of the Mama's stock that Nana owns.

= 10,000 * 45

= $450,000

4 0
3 years ago
Read 2 more answers
Amanda is depressed, and blames herself for her recent job loss. Her therapist suggests that her depression results from this se
MAVERICK [17]

Answer:

Social Cognitive Perspective.

Explanation:

This theory focuses on how we interact with our environment. Is the believing of the capability of oneself of successfully performing certain behaviors or reaching certain goals. Behavior is influenced by the interaction between our traits (including our thinking) and our social context.

Perspective stating that understanding personality involves considering the situation and thoughts before, during, and after an event.

The three main factors are:

- Thoughts : The interaction between the person and their behaviour is influenced by their thoughts and actions.

- Environment : The interaction between the person and environment involves beliefs and cognitive competences developed and modified by social influences.

- Behaviors: The interaction between the environment and their behaviour involves the person´s behaviour determining their enviroment, which in turn, affects their behaviour.

4 0
3 years ago
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