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julia-pushkina [17]
3 years ago
13

Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,

000 per month. What is your monthly personal debt ratio.
A. 85%
B. 25%
C. 40%
D. 30%

I’m in between B and C because if you take away the 20% for taxes, you get 8,000 and 2000/8000 is 25%, BUT 2000 is 20% of 10000 and plus the 20% for taxes is 40%. What do I do?
Business
1 answer:
Aneli [31]3 years ago
5 0

Answer:

c because isnt 2000=20% of 10000 so 40%

Explanation:

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In most cases, what is the most expensive promotion tool?
REY [17]

Answer: (B) Personal selling

Explanation:

 The person selling is basically refers to the two-way communication process in which we sell our products and the services face to face to the customer.

The personal selling is also known as the interaction form of selling the products to the user.

The personal selling is one of the most expensive promotion tool as it is hardly used for advertising the products. It mainly involve spreading the information regarding the specific organization products and the services.

Therefore, Option (B) is correct.

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Suppose, at a given federal funds rate, there is an excess supply of reserves in the federal funds market. If the Fed wants the
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Answer:

B) sale; decrease

  • If the Fed wants the federal funds rate to stay at that level, then it should undertake an open market <u>SALE</u> of bonds, everything else held constant. If the Fed does nothing, however, the federal funds rate will <u>DECREASE</u>.

Explanation:

The federal funds rate is the rate at which banks make overnight loans to other banks or financial institutions. If the supply of money is too high, then the interest rates will start to decrease.

Money is like any other good, and its price is determined by the supply and demand. The higher the supply, the lower the equilibrium price. The equilibrium price of money is the interest rate.

If the Fed wants to avoid the decrease in the interest rate, it must absorb excess supply of money, and the only way it can do it is by selling bonds.

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3 years ago
Scott, a young professional, buys a new BMW, even though a Mercedes would have cost him less. Scott values the BMW brand. This i
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Answer:

The correct response will be "Paying a premium price ".

Explanation:

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Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 8 percent. You also
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Answer: $3.46

Explanation:

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Current share price (P0) = $90 per share

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D0 = D1 / (1+g)

D0 = 3.6 / (1+ 0.04)

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If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for co
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If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about <span>the extent of competition. In a monopolistically </span>competitive market, products are differentiated by brand and quality but are not perfect substitutes due to this. Perfect competition is basically a theoretical market because the criteria to qualify has a perfect competitive market is hard to meet. The firms all set the price of their product and the market does not have any influence over it. 
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