All categories

3 years ago

In a relatively new neighborhood with 524 homes, 72 houses were sold. The turnover index in this neighborhood is

Business

1 answer:

Makovka662 [10]3 years ago

6 0

Answer:

Turnover index = 13.74

Explanation:

Given that,

Total no. of homes = 524

Sold homes = 72

We need to find the turnover index in this neighborhood. It is defined as the ratio total number of leavers in a month by your average number of employees in a month multiplied by 100.

In this situation,

$\text{turnover index}=\dfrac{\text{sold homes}}{\text{Total no. of homes}}\times 100\\\\=\dfrac{72}{524}\times 100\\\\=13.74$

Hence, the turnover index rate is 13.74.

You might be interested in

You plan to invest in bonds that pay 6.0%, compounded annually. If you invest $10,000 today, how many years will it take for you

kati45 [8]

Answer:

The answer is 16 years.

Explanation:

The formula for calculating the value of an investment that is compounded annually is given by:

$V(n)=(1+R)^nP$

Where:

$n$ is the number of years the investment is compounded,

$R$ is the annual interest rate,

$P$ is the principal investment.

We know the following:

$25000=(1+0.06)^n \times 10000$

And we want to clear the value n from the equation.

The problem can be resolved as follows.

First step: divide each member of the equation by $10,000$ :

$\frac{ 25000}{10000}=(1+0.06)^n \times \frac{ 10000}{10000}$

$2.5=(1.06)^n$

Second step: apply logarithms to both members of the equation:

$log(2.5)=log (1.06)^n$

Third step: apply the logarithmic property $logA^n=n.logA$ in the second member of the equation:

$log(2.5)=n.log (1.06)$

Fourth step: divide both members of the equation by $log1.06$

$\frac{log(2.50)}{log (1.06)} =n$

$n= 15.7252$

We can round up the number and conclude that it will take 16 years for $10,000 invested today in bonds that pay 6% interest compounded annually, to grow to $25,000.

6 0

3 years ago

Blackmoor Industries is an American firm that manufactures automotive parts. The firm has several manufacturing facilities in th

vagabundo [1.1K]

Answer:

Explanation:

5 0

3 years ago

Albert just purchased a $1,000, 5.4%, 10minusyear bond when he heard about his friend Charlie who just bought a equal quality b

svetoff [14.1K]

Answer:

A) interest rate

Explanation:

Interest rate risk refers to the risk of purchasing a bond that offers a certain coupon and then the price of that bond changes due to changes in the market interest rate.

This can work in your favor, if the market interest rate decreases, you will have a bond that pays above market coupon, which will increase the market value of the bond. But if the market interest rate increases, the market value of your bond will decrease, and you will lose money. This is what happened to Albert, since the market interest rate increased, the value of Albert's bond decreased.

8 0

3 years ago

A negative externality is

Rus_ich [418]

Answer: The correct answer is "4. when a third party is injured by an economic activity".

Explanation: A negative externality is when a third party is injured by an economic activity.

Negative externality refers to all kinds of harmful effects on society, generated by production or consumption activities, which are not present in its costs. Negative externalities occur when the action taken in our activities as a company, individual or family causes harmful side effects to third parties. Such effects are not incorporated in all costs. Since the highlighted negative effects are not present in the price of production or of the profit when consuming.

3 0

3 years ago

In which one of the following instances is rivalry among competing sellers notmore intense?

dimaraw [331]

Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members

Explanation:

The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.

7 0

3 years ago