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Luden [163]
2 years ago
10

The economies of the new western states were very different from those of the northeastern states in the mid-1800s. One major di

fference was that western states - Question 7 options:
Business
1 answer:
horsena [70]2 years ago
4 0

One major difference between the western states and those of the northeastern states in the mid 18th century was that the western states focused on <u>mining and agriculture.</u>

<h3>Economic Development in the 18th Century</h3>

During the 18th century, the was a remarkable improvement in agricultural techniques which translated into better harvest. some of those techniques are:

  • Crop Rotation
  • Use of more advanced machines
  • Introduction of new crops such as corn and potatoes.

Please see the link below for more about Economic Development in the 18th Century:

brainly.com/question/4819763

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If you wish to have $60,000 in 8 years, how much do you need to deposit in the bank today if the account pays an interest rate o
liberstina [14]

Answer:

PV= $30,111.98

Explanation:

Giving the following information:

Future value= $60,000

Number of periods= 8

Interest rate= 9%

<u>To calculate the initial investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

<u>Isolating PV:</u>

PV= FV/(1+i)^n

PV= 60,000 / 1.09^8

PV= 30,111.98

5 0
3 years ago
Sibila, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is considering
Ahat [919]

Answer:

c. It will increase.

Explanation:

Break even point is the level of activity at which a firm neither makes a profit nor a loss.

<em>Break - even units = Fixed Costs ÷ Contribution per unit </em>

therefore,

<u>Existing break-even point in units :</u>

Break - even units = $16,000 ÷ ($40 - $18) = 727.27 or 728 units

<u>New break-even point in units :</u>

Break - even units = $21,000 ÷ ($40 - $16) = 875 units

Conclusion :

The results show that break-even point in units will increase from 728 units to  875 units as a result of the changes

8 0
3 years ago
Sponsors often advertise their own brands alongside the athlete’s or entertainer’s.
Gemiola [76]
Yea. Like with Nike always being next to Lebron or Curry with Under Armor.
8 0
2 years ago
Read 2 more answers
If $17,000 is invested at 11​% per​ year, in approximately how many years will the investment​ double?
pav-90 [236]

<span>There is a popular rule called the rule of 72 where in you will divide 72 by the interest rate of your investment to know the length of time the value of your money will double.  In here, 72 divided by 11 is 6.55 years. Your $17,000 will be $34,000 after approximately 6.55 years.</span>

3 0
3 years ago
Casey Motors recently reported net income of $55 million. The firm's tax rate was 40.0% and interest expense was $19 million. Th
nadezda [96]

Answer:

$31.76 million

Explanation:

Economic Value Added is the residual wealth left for shareholders after having accounted for the financing needs of the company as shown by the formula below:

EVA=NOPAT-(WACC*invested capital)

NOPAT is the net operating profit after tax =operating profit(EBIT)*(1-tax rate)

Net income=Earnings before tax*(1-tax rate)

net income= $55 million

EBT=unknown

tax rate=40.0%

$55=EBT*(1-40.0%)

$55=EBT*0.60

EBT=$55/0.60

EBT=$91.67

EBIT=EBT+interest

EBIT=$91.67+$19

EBIT=$110.67

NOPAT=$110.67*(1-40%)

NOPAT=$66.41

WACC=9.0%

perating capital employed=$385

EVA=$66.41-(9.0%*$385)

EVA=$31.76 million

operating capital em

3 0
3 years ago
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