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Sever21 [200]
3 years ago
13

From the end of 2010 to the end of 2011, M1 increased from $2,006 billion to $2,311 billion. By what percentage did M1 increase?

Business
1 answer:
SIZIF [17.4K]3 years ago
4 0

Answer:

15.20%

Explanation:

The computation of the M1 increase is shown below:

= (M1 End of the year 2011  - M1 end of the year 2010) ÷ M1 End of the year 2010

= ($2,311 billion - $2,006 billion) ÷ ($2,006 billion)

= 15.20%

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Michelle is attending a university where tuition for one year costs $17,300. She has a scholarship worth $5,000 per year. She ea
Dmitry_Shevchenko [17]

Answer:

$41,400

Explanation:

Tuition will increase by $500 each year

Year 1 tuition = $17,300

Year 2 tuition = $17,800

Year 3 tuition = $18,300

Year 4 tuition = $18,800

Total = $72,200

Scholarship per year = $5000

Total scholarship for 4 years = 4 * $5000

= $20,000

Earnings per year = $2,700

Total earnings for four years = 4 * $2,700

= $10,800

She plans to take out a loan to cover the remaining tuition costs

Loan = Total tuition - (Total scholarship for 4 years + Total earnings for four years)

= $72,200 - ( $20,000 + $10,800)

= 72,200 - (30,800)

= 72,200 - 30,800

= 41,400

Loan = $41,400

Michelle need to borrow $41,400

6 0
3 years ago
Your brother announces at Thanksgiving Dinner that he is thinking of becoming a day trader. What questions might you ask him to
Travka [436]

1) Has he diversified his portfolio within the 11 sectors?

2) Does he go for capital appreciation stocks or dividend stocks?

3) How much time does he spend studying a company's financials (10K form) and charts?

4) Who is his favorite investor? Warren Buffet for picking great stocks and holding for many many years or someone like  Bill Ackman who is a bit deceptive on his trading tactics (over the summer he said 'Hell is coming' a signal thought by many as "panic sell" whilst he was buying heavily)

5) What is the number he is seeking to retire? There's usually a number ranging from $1M and $200M.

6) Maybe ask him if he is seeking to get licensed as a CMT (reading chart patterns)?

Hope this helps, either way best of luck to him!

4 0
3 years ago
The goal of the managers of a publicly owned company should be to maximize the firm’s.
Rainbow [258]

The goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

<h3>What is a publicly owned company?</h3>
  • A public company, also known as a publicly traded company, publicly owned company, publicly listed company, or public limited company, is a company whose stock is freely listed on a stock exchange or in over-the-counter marketplaces.
  • A public (publicly traded) company may or may not be listed on a stock exchange (listed company), which facilitates share trading (unlisted public company).
  • Public companies of a certain size must be listed on an exchange in some jurisdictions.
  • In most cases, public companies are private enterprises in the private sector, and the term "public" emphasizes their public market reporting and trading.
  • A publicly traded company's managers should strive to maximize the firm's common stock value.

Therefore, the goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

Know more about the publicly owned companies here:

brainly.com/question/1361751

#SPJ4

7 0
2 years ago
Upon discovering a lost baseball glove, Joe decides to keep it, concluding that if he did not keep it, someone else would anyway
Nostrana [21]

Answer:

Considering only limited alternatives.

Explanation:

There are six sub-types to cognitive barriers: unwillingness to see one’s needs as information needs, inability to articulate one’s information needs, unawareness of information sources, low self-efficacy, poor search skills and inability to deal with information overload.

6 0
3 years ago
Alvarado Company sells a machine for $8,050 with a 12-month warranty agreement that requires the company to replace all defectiv
max2010maxim [7]

Answer:

The answer is: $106,650

Explanation:

The total warranty cost for Alvarado Company are $395 per machine x 540 machines = $213,300.

Since only half of those warranty costs occur during 2014, then the warranty liability account for 2014 should equal half the total warranty costs = 50% x $213,300 = $106,650

3 0
3 years ago
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