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3 years ago

Can y’all help me with these question real quick please? Thanks :)

Business

1 answer:

ArbitrLikvidat [17]3 years ago

4 0

3. The answer is because

Why not

4.
Answer
The variable Q2 has increased be
Cause it
Wants to
5.
Yes it can
Ask it
6. It would be better to use 1778 because youd be rich and its less currency

7. I recommend that the economist look at their per capita GDP or per capita real GDP and 1778 currency

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Marin Corporation had net sales of $2,427,500 and interest revenue of $40,000 during 2017. Expenses for 2017 were cost of goods

katovenus [111]

Answer:

The answer follows below;

Explanation:

Marin Corporation

Income Statement

For the year 31, xxxx 2017

Sales $2,427,500

Cost of Goods Sold ($1,465,500)

Gross Profit $962,000

Operating Expenses

Admin. Expenses ($220,600)

Selling Expenses ($289,300)

Interest Expense ($47,900)

Total Operating Expenses ($557,800)

Operating Income $404,200

Non Operating Income

Interest Income $40,000

Total Income before Taxation $444,200

Taxes (444,200*30%) ($133,260)

Net Income after Taxation $310,940

6 0

3 years ago

Read 2 more answers

You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea

evablogger [386]

Answer:

It will take 6.68 years to reach the $10,000 goal.

Explanation:

As the deposit of $1,000 per year is a form of the annuity payment.

We will use the following formula in order to calculate the numbers of year required to reach the goal

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

Where

Future value of Annuity = Target amount = $10,000

Annuity payment = Yearly deposti = $1,000

Interest rate = 14%

Numbers of years = n = ?

Placing values in the formula

Future value of Annuity = Annuity payment x ( ( ( 1 + interest rate )^numbers of years ) - 1 ) / Interest rate

$10,000 = $1,000 x ( ( ( 1 + 14% )^n ) - 1 ) /14%

$10,000 x 14% = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 = $1,000 x ( ( ( 1.14 )^n ) - 1)

$1,400 / $1,000 = ( ( 1.14 )^n ) - 1

1.4 = ( ( 1.14 )^n ) - 1

1.4 + 1 = 1.14^n

2.4 = 1.14^n

Log 2.4 = n x Log 1.14

n = Log 2.4 / Log 1.14

n = 6.681525965

n = 6.68 years

It will take 6.68 years to reach the $10,000 goal.

7 0

3 years ago

The following information is taken from the records of Erie Corp.(in thousands) for the year ended on December 31: 2019 2018 Sal

den301095 [7]

Answer:

Favourable Changes:

Sales

Gross Profit

Operating Income

Interest Expense

Net Income

Unfavourable Changes:

Cost Of Sales

Selling Expenses

General Expenses

Other Revenue

Income Taxes

Explanation:

Observe Movement from 2018 results to 2019 results

Erie Corp

Vertical Analysis of Income Statement

2019 2018

Sales 1,397 1,122

Less Cost Of Sales 935 814

Gross Profit 462 308

Less Operating Expenses

Selling Expenses 154 121

General Expenses 88 77

Operating Income 220 110

Less Non- Operating Expenses

Other Revenue 4 7

Interest Expense 2 9

Income Taxes 134 66

Net Income 88 42

8 0

3 years ago

You observe the following term structure: Effective Annual YTM 1-year zero-coupon bond 5.2 % 2-year zero-coupon bond 5.3 3-year

Lisa [10]

Answer:

Explanation:

a. If you believe that the term structure next year will be the same as today’s, calculate the return on (i) the 1-year zero and (ii) the 4-year zero.

b. Which bond provides a greater expected 1-year return? O 1-year zero-coupon bond O 4-year zero-coupon bond

The return on one year bond is = 5.2%

The price of 4 year bond today

$=\frac{ 1000}{ (1.055)^4}$

Price of 4 year bond today = 807.22

If yield curves is unchanged, the bond will have 3-year maturity and price will be

$=\frac{ 1000}{(1.054)^3}$

If yield curves is unchanged, the bond will have 3-year maturity and price will be = 854.04

Return

$=\frac{ (854.04 - 807.22)}{807.22}$

Return = 5.8%

The longer term bond has given the higher return in this case at it's YTM fell during the holding period(4 -year)

8 0

3 years ago

It is necessary for all economic systems to provide people with goods and services and also restrict them from getting as much o

solong [7]

Answer:

The correct answer is: reduce; not as highly valued as others.

Explanation:

All the economic systems must provide people with the goods and services that they want and need. But it is also necessary to limit them from getting as much as they wish.

This is because providing as many goods and services as they want may lead to a reduction in efficiency. Economic efficiency is achieved when resources are allocated in such a way that there is no wastage and resources are allocated to most valued use.

If the economic systems do not restrict the production of goods and services as much as they want it may lead to the production of those goods and services that are not as highly valued as others. This will cause wastage of resources, thus reducing the economic efficiency of the system.

8 0

3 years ago