The IS-LM model is an economic framework that analyzes the interaction between interest rates and output in a closed economy. In this model, interest rates play a crucial role in determining the equilibrium level of output. However, the exact number of interest rates involved in the model depends on certain assumptions and simplifications.
In the basic version of the IS-LM model without the rest of the world, the answer is A. two. This refers to the existence of two interest rates in the model. The first interest rate is the investment-demand interest rate (r), which represents the cost of borrowing for firms to finance their investment projects. The second interest rate is the money-demand interest rate (i), which represents the cost of borrowing for individuals and households to finance their consumption and liquidity preferences. These two interest rates interact with the goods market (IS curve) and the money market (LM curve) to determine the equilibrium level of output in the economy. The investment-demand interest rate (r) is a key determinant of the investment decisions made by firms. It represents the cost of borrowing and influences the profitability of investment projects. When the investment-demand interest rate is high, firms face higher borrowing costs, which may discourage them from undertaking new investment projects. As a result, the level of output in the economy decreases. Conversely, when the investment-demand interest rate is low, firms find it more affordable to borrow, leading to increased investment and higher output. The money-demand interest rate (i), on the other hand, influences the decisions of individuals and households regarding their consumption and savings. When the money-demand interest rate is high, borrowing becomes more expensive, which may reduce consumer spending and increase savings. This leads to a decrease in aggregate demand and, subsequently, a lower level of output. Conversely, when the money-demand interest rate is low, borrowing costs decrease, encouraging consumer spending and reducing savings. This leads to an increase in aggregate demand and a higher level of output. In summary, the IS-LM model without the rest of the world includes two interest rates: the investment-demand interest rate and the money-demand interest rate. These interest rates interact with the goods market and the money market to determine the equilibrium level of output in the economy. The investment-demand interest rate influences firms' investment decisions, while the money-demand interest rate affects the consumption and savings decisions of individuals and households. By analyzing the interplay between these interest rates and other economic variables, the IS-LM model provides insights into the relationship between interest rates and output in a closed economy.
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What is seigniorage? a) The usage of the total money supplied as government revenue b) The usage of newly printed money as government revenue c) The taxes levied on the individual young d) The taxes levied on the individual old
Option (b) "The usage of newly printed money as government revenue" is the correct definition of seigniorage.
Seigniorage refers to the difference between the cost of producing a currency and its face value. It is the revenue earned by the government by issuing new money and putting it into circulation, effectively creating value out of thin air. When the government prints more money, it can spend that money without having to raise taxes or borrow from other sources, which can be an important source of revenue for many countries.
For example, if the cost of producing a $100 bill is only $0.20, then the government earns $99.80 in seigniorage revenue when that bill is put into circulation. This seigniorage revenue can be used to finance government operations, pay for public goods and services, or reduce the national debt.
It should be noted that while seigniorage can be an important source of revenue for governments, excessive printing of money can lead to inflation and erode the value of the currency, ultimately reducing the purchasing power of consumers and leading to economic instability.
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Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.5% interest for 30 years. What will be the monthly payments on the loan? (do not use commas or dollar signs in your answer)
Answer:
910.18
Explanation:
After Chin's down payment the amount borrowed is ...
(1 - 20%)($180,000) = 0.80·$180,000 = $144,000
The amount of the payment is given by the amortization formula ...
A = P(r/n)/(1 -(1 +r/n)^(-nt))
for P borrowed at rate r for t years, compounded n times per year.
A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18
The monthly loan payments will be 910.18.
Tom Petty excelsat producing rock videos. Tom Clancy excels at writing military novels. The difference in their skills is one reason why the production possibilities frontier for videos and novels? a. has a positive stope b. has a constant slope c. is bowed outd. is a straight line
The difference in their skills is one reason why the production possibilities frontier for videos and novels:} : has a positive slope.
How do you define slope?Slope is a numerical representation of how inclined a line is with respect to the horizontal. The ratio of the vertical to the horizontal distance between any two points on a line, ray, or line segment is known as its slope in analytic geometry ("slope equals rise over run").A line's slope is how steeply it slopes from LEFT to RIGHT. The slope of a line is determined by dividing its rise, or vertical change, by its run, or horizontal change.Positive slopes are founded on the idea that as x rises, y rises as well, making the ratio of y/x positive. Negative slopes are founded on the idea that when x rises, y falls; as a result, we get a negative change in y and a positive change in x.Learn more about Slope refer to :
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how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
FOR BRAINLIEST!!
What type of workplace emergency would OSHA be most likely to get involved with?
tornado
workplace violence
toxic chemical spill
active shooter
Use the AIDA model to write a ONE-PAGE persuasive letter to Futurpreneur (https://www.futurpreneur.ca/en/ (Links to an external site.)) to convince this organization to believe and invest in your great business idea
Persuasive letter using AIDA to organization to believe and invest in your great business idea
[Your Name]
[Your Address]
[City, State, ZIP]
[Email Address]
[Phone Number]
[Date]
Futurpreneur
[Address]
[City, State, ZIP]
Subject: Empowering the Future: Investing in [Your Great Business Idea]
Dear Futurpreneur,
I hope this letter finds you in high spirits and great anticipation for the extraordinary possibilities that lie ahead. I am writing to share an exceptional business idea that has the potential to revolutionize the market, and more importantly, empower aspiring entrepreneurs to shape a brighter future.
Allow me to introduce myself. My name is [Your Name], and I am a passionate entrepreneur with an unwavering commitment to innovation and creating a positive impact on society. It is with this fervor that I present to you my groundbreaking business concept, which aligns seamlessly with the mission and vision of Futurpreneur.
Attention - The world is evolving at an unprecedented pace, and it is essential to stay ahead of the curve. My idea centers around the development of an advanced online platform that offers aspiring entrepreneurs like myself access to a comprehensive range of resources, mentorship programs, and funding opportunities. By catering to the needs of these dynamic individuals, we can nurture their entrepreneurial spirit and cultivate their success.
Interest - The current business landscape is ripe with untapped potential, waiting to be discovered. Through our platform, we aim to foster an ecosystem that encourages collaboration, sparks creativity, and connects like-minded individuals across diverse industries. By facilitating the exchange of ideas and knowledge, we can unlock unparalleled innovation and drive economic growth on a scale never seen before.
Desire - At the core of our concept lies a burning desire to bridge the gap between dreams and reality. We recognize the challenges faced by aspiring entrepreneurs, such as limited access to capital, lack of mentorship, and insufficient business development resources. Our platform will address these pain points, providing a supportive environment that nurtures the aspirations of budding business leaders, equipping them with the tools they need to thrive.
Action - The future belongs to those who believe in the beauty of their dreams, and we firmly believe that Futurpreneur is the ideal partner to bring this vision to life. With your esteemed organization's experience, expertise, and network, we can combine forces to amplify the impact of this platform and create a lasting legacy of empowered entrepreneurs.
Moreover, we propose a mutually beneficial partnership where Futurpreneur becomes a key investor in our venture. Your investment will not only help us build and launch the platform but also enable us to scale rapidly, extending our reach to aspiring entrepreneurs worldwide. In return, we promise to be steadfast in our commitment to promoting entrepreneurship, fostering innovation, and generating sustainable growth.
In conclusion, I would like to express my sincere gratitude for considering my proposal. Together, we have the power to empower the future generation of entrepreneurs and pave the way for a brighter tomorrow. I eagerly anticipate the opportunity to discuss our partnership further and explore how we can reshape the entrepreneurial landscape together.
Thank you for your time, and I look forward to hearing from you soon.
Yours sincerely,
[Your Name]
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On January 2, year 1, Parker Co. Issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. The bonds are due in ten years, and interest is payable every June 30 and December 31. Parker does not elect the fair value option for reporting its financial liabilities. Use the following present value and present value annuity tables to calculate the selling price of the bond on January 2, year 1. Round your final answer to the nearest dollar.
Present Value Ordinary Annuity of $1
Periods 3% 4% 6% 8% 12% 16%
5 periods 4. 5797 4. 4518 4. 2124 3. 9927 3. 6048 3. 2743
10 periods 8. 5302 8. 1109 7. 3601 6. 7101 5. 6502 4. 8337
20 periods 14. 8775 13. 5903 11. 4699 9. 8181 7. 4694 5. 9288
Present Value of $1
Periods 3% 4% 6% 8% 12% 16%
5 periods. 8626. 8219. 7473. 6806. 5674. 4761
10 periods. 7441. 6756. 5584. 4632. 3220. 2267
20 periods. 5537. 4564. 3118. 2145. 1037. 0514
Required:
Prepare the amortization schedule for the bond through December 31, year 1. Round all numbers to the nearest dollar
On January 2, year 1, Parker Co. Issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. The bonds are due in ten years, and interest is payable every June 30 and December 31. Parker does not elect the fair value option for reporting its financial liabilities. The amortization schedule shows the cash paid for interest, interest expense, the carrying value of the bond, and the reduction in carrying value.
To prepare the amortization schedule for the bond through December 31, year 1, we need to calculate the interest expense, interest payment, and the reduction of the bond carrying value. Here is the breakdown of the amortization schedule:
1. Calculation of Semi-annual Interest Expense:
Bond Carrying Value (Face Value) * Market Interest Rate * (1/2)
$400,000 * 8% * (1/2) = $16,000
2. Calculation of Semi-annual Interest Payment:
Face Value * Stated Interest Rate * (1/2)
$400,000 * 6% * (1/2) = $12,000
3. Calculation of Reduction in Bond Carrying Value:
Semi-annual Interest Payment - Semi-annual Interest Expense
$12,000 - $16,000 = -$4,000
Amortization Schedule for the bond through December 31, year 1:
Date | Cash Paid | Interest Expense | Carrying Value | Reduction
------------------------------------------------------------------------------
Jan 2, year 1 | - | - | $400,000 | -
Jun 30, year 1 | $12,000 | $16,000 | $384,000 | -$4,000
Dec 31, year 1 | $12,000 | $16,000 | $368,000 | -$4,000
The amortization schedule shows the cash paid for interest, interest expense, the carrying value of the bond, and the reduction in carrying value. As the bond is due in ten years, the amortization schedule would continue in subsequent years, following the same pattern of semi-annual interest payments and reductions in carrying value until the bond reaches its maturity date.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What can an understanding that tourism involves travel for purposes such as leisure, business, or other reasons and that hospitality involves receiving guests in a way that is welcoming and friendly help define?
The understanding of tourism which involves travel for purposes such as leisure, business, as well as hospitality can help us to understand the exploration of the world which help relaxation.
What is tourism?Tourism can be described as the process of social, cultural as well as economic phenomenon which involves the movement of people from one place to another which involves the exploration of the world around us.
It should be noted that the act do encourage leisure as well as business which can help to promote the desire of the people.
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Selling of all illicit drugs remains a criminal offense under decriminalization laws in the united states.
a. True
b. False
Selling of all illicit drugs remains a criminal offense under decriminalization laws in the United States. The correct answer is (a) True.
Under the decriminalization laws in certain states in the United States, the laws states that illicit drugs remains illegal but it would not lead to a prosecution and may only carry a a minimum penalty such as a fine or no penalty at all. Although the decriminalization laws does not lead to a prosecution, but the non-prosecution clause may only be applied to a possession of certain illicit drugs to a certain amount, but it does not guarantee non-prosecution for the selling or buying of illicit drugs which may still carry criminal offense and prosecution for the actions.
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The troupe’s account balance first reached $500 on Day 4. The last day the account balance was $500 was Day 8. (a)Determine C(5), C(6), and C(7). Explain how you determined these amounts. (b)Estimate C(1), C(2), and C(3). Explain how you determined these amounts. (c)The stage manager said that the amount of money taken out of the account each day between Day 8 and Day 11 was the same amount of money put into the account each day between Day 0 and Day 4. Recall that Day 11 is when the balance first reached $0. Without doing any calculations, how could you show the stage manager was incorrect?.
Answer:
its 4
Explanation:
Explain the difference between currency revaluation and currency appreciation. What's the impact of currency appreciation on a nation trade (import and export)? Explain your reasoning
Currency revaluation and currency appreciation are two concepts that relate to the value of a nation's currency. Currency revaluation refers to the deliberate action taken by a government or central bank to increase the value of its currency relative to other currencies.
This can be achieved through various methods, such as increasing interest rates or reducing the money supply.
Currency appreciation, on the other hand, refers to a natural increase in the value of a currency due to market forces. This can be due to factors such as a strong economy, high demand for the currency, or increased foreign investment.
The impact of currency appreciation on a nation's trade can be significant. When a currency appreciates, it becomes more expensive relative to other currencies, making imports cheaper and exports more expensive. This can lead to a decrease in exports and an increase in imports, which can negatively affect a nation's trade balance.
For example, if the United States dollar appreciates in value relative to the Japanese yen, Japanese products become cheaper for US consumers, while US products become more expensive for Japanese consumers. This can lead to a decrease in US exports to Japan and an increase in imports from Japan, which can result in a trade deficit for the US.
In conclusion, currency revaluation and currency appreciation are two different concepts, with the former being a deliberate action taken by a government or central bank, while the latter is a natural increase in value due to market forces.
The impact of currency appreciation on a nation's trade can be significant, with the potential for decreased exports and increased imports, leading to a negative impact on the trade balance.
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Currency circulated by banks that could be redeemed for gold was called ________.
Currency circulated by banks that could be redeemed for gold was called banknotes.
A bank is a financial institution authorized to accept deposits and make loans. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. There are many types of banks, such as retail banks, commercial or corporate banks, and investment banks.
This law established the Office of the Comptroller of the Currency (OCC). The OCC is tasked with organizing and managing a system of nationally licensed banks and a single national currency.
In the United States, redeemed gold banks are licensed by the state, not federal, governments. State banks have the option of becoming members of the Federal Reserve.
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On January 1, 2020, Green Bay Enterprises issued 10%, 10-year bonds with a face amount of $2,000,000 at 108. Interest is payable annually on January 1. The entry when the bond was issued would include a
Answer:
1.credit to premium on bonds payable for $160,000
Explanation:
The journal entry to record the issuance of the bond is given below:
Cash $2,160,000 ($2,000,000 × 108% )
To Premium on Bonds Payable $160,000 ($2,160,000 - $2,000,000)
To Bonds Payable $2,000,000
(Being the issuance of the bond is recorded)
Here the cash is debited as it increased the assets and credited the bond payable & premium on bond payable is credited as it increased the liabilities
Green company has net credit sales of $100,000, an asset turnover ratio of 4, and a receivables turnover ratio of 9. What is the average collection period?.
Net credit sales = $100,000
Asset turnover ratio = 4
Receivables turnover ratio = 9
Average collection period= 365 days / Receivable turnover (9) = 40.6 days
What is Average collection period?
The amount of time it takes a business to collect accounts receivable payments due from customers is known as the average collection period (AR). Businesses use the average collection period to make sure they have enough cash on hand to satisfy their financial obligations. The average collection period is a crucial indicator of how well a business handles its accounts receivable for companies whose cash flows are heavily dependent on receivables. Businesses decide the average collection period to ensure they have enough cash on hand to satisfy their financial obligations.
Average Collection Period = 365 Days * (Average Accounts Receivables / Net Credit Sales)
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What does an exchange rate tell you?
A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product
Answer:
C. How much one unit of currency is worth when converted to another currency
It tells you: C. How much one unit of currency is worth when converted to another currency.
31. A credit sale of $1,800 made on July 15, terms 2/10, n/30, on which a return of $100 is granted on July 18. What amount is received to payment to full on July 24?
The amount is received to payment to full on July 24 is $1,666.
To find the amount received for full payment on July 24, we need to consider the credit sale, the return, and the terms of the sale.
1. Start with the original credit sale amount: $1,800
2. Subtract the return granted on July 18:
$1,800 - $100 = $1,700
3. Determine if the payment on July 24 qualifies for the 2% discount (2/10, n/30):
Since July 24 is within 10 days of the sale date (July 15), the discount applies.
4. Calculate the discount:
$1,700 * 0.02 = $34
5. Subtract the discount from the adjusted sale amount:
$1,700 - $34 = $1,666
In conclusion, on July 24, the amount received for full payment is $1,666.
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which type of analysis performed by a property manager is similar to a highest and best use analysis that an appraiser would use
One type of analysis that a property manager may perform that is similar to a highest and best use analysis used by appraisers is a feasibility analysis. A feasibility analysis evaluates the potential uses of a property and assesses their financial viability.
The analysis considers factors such as the property's location, zoning, market demand, and economic conditions to determine the most profitable use for the property.
Appraisers consider a range of factors including market demand, zoning regulations, and the physical characteristics of the property to identify the optimal use that would yield the highest return on investment.
Both analyses involve evaluating the potential uses of a property and identifying the most profitable use. However, while property managers focus on maximizing profitability for the property owner, appraisers seek to determine the highest value for the property as a whole, regardless of ownership.
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Explain the difference between fixed costs and variable costs for firms, using Internet grocery shopping as an example.
Explanation:
Fixed cost is the cost that is constant for each unit of the item produced and does not depend upon the quantity of production. Fixed cost may include rent payment, insurance, interest payment.
whereas variable cost are cost that vary with quantity of output produced. It may include, labor cost, commissions, raw material, etc.
For Internet grocery shopping fixed cost can be cost of storing the grocery, insurance of inventory, electricity payment, cost of delivery to the customer, etc. whereas variable cost may be discount offered on quantity of purchase, Sale offers to attract customers, etc.
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below.
Account Title Debits Credits
Cash35,500
Accounts receivable43,000
Supplies3,000 Inventory63,000
Notes receivable23,000
Interest receivable0
Prepaid rent2,500
Prepaid insurance9,000
Office equipment92,000
Accumulated depreciation 34,500
Accounts payable 34,000
Salaries payable 0
Notes payable 53,000
Interest payable 0
Deferred sales revenue 3,500
Common stock 81,000
Retained earnings 36,000
Dividends7,000
Sales revenue 161,000
Interest revenue 0
Cost of goods sold85,000
Salaries expense20,400
Rent expense12,500
Depreciation expense0
Interest expense0
Supplies expense2,600
Insurance expense0
Advertising expense4,500
Totals 358,600 358,600 Information necessary to prepare the year-end adjusting entries appears below.1. Depreciation on the office equipment for the year is $10,300.2. Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $900.3. On October 1, 2021, Pastina borrowed $50,600 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.4. On March 1, 2021, the company lent a supplier $20,600 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.5. On April 1, 2021, the company paid an insurance company $6,600 for a one-year fire insurance policy. The entire $6,600 was debited to prepaid insurance.6. $560 of supplies remained on hand at December 31, 2021.7. A customer paid Pastina $2,300 in December for 900 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.8. On December 1, 2021, $1,200 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $600 per month. The entire amount was debited to prepaid rent.Prepare closing entries.
The necessary December 31, 2021, adjusting journal entries are: Debit Depreciation expenses $10,300, Credit Accumulated depreciation $10,300.
Journal entriesPastina Company Adjusting entries
Debit Depreciation expenses $10,300
Credit Accumulated depreciation $10,300
Debit Wages expense $900
Credit Wages payable $900
Debit Interest expense $1,518
($50,600 × 12% × 3/12)
Credit Interest payable $1,518
Debit Interest receivable $1,373
($20,600 × 8% × 10/12)
Credit Interest revenue
Debit Prepaid insurance $4,125
($6,600 × 15/24)
Credit Insurance expense $4,125
Debit Supplies expense $340
($900 − $560)
Credit Supplies $340
Debit Sales revenue $2,300
Credit Unearned revenue $2,300
Debit Rent expense $600
Credit Prepaid rent $600
Therefore the necessary December 31, 2021, adjusting journal entries are: Debit Depreciation expenses $10,300, Credit Accumulated depreciation $10,300.
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XYZ Mortgage Company just mailed a Closing Disclosure to a consumer. The waiting period prior to closing will begin:
Answer:
The waiting period will begin on the third business day after the closing disclosure is mailed.
Explanation:
The closing disclosure is a 5 page form that your mortgage lender must send to you. It includes all the relevant information about the loan that you applied for, e.g. estimated monthly payments, closing costs and other fees, etc. But the closing disclosure doesn't mean that the loan has been approved, it is a formality prior to closing the deal.
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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how much money does a therapyst make an hour/ and how much would they make in a year
Answer:
Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.
what are some of the challenges/ obstacles i may face or anticipate starting a donut shop business
Answer:
The answer is below
Explanation:
There are various challenges/ obstacles one may face or anticipate when starting a donut shop business. Some of which include:
1. Location or where to set up shop
2. Acquiring a necessary license
3. Passing quality and health inspection tests.
4. Setting of working hours.
5. Marketing the business
Explanation:
g xyz corp expects to earn $4.0 per share next year and plow back 37.5% of its earnings (i.e., it expects to pay out a dividend of $2.5 per share, representing 62.5% of its earnings). the dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $30 per share. how much of the stock's $30 price is reflected in present value of growth opportunities (pvgo) if the investors' required rate of return is 20%?
The present value of growth opportunities (PVGO) for g xyz corp's stock is $10.
To calculate the PVGO, we first need to find the stock's dividend discount model (DDM) value. Here's a step-by-step explanation:
1. Calculate the dividend in the next year (D1): Since the company expects to pay a dividend of $2.5 per share, D1 = $2.5.
2. Determine the required rate of return (r): The investors' required rate of return is given as 20% (0.2).
3. Calculate the sustainable growth rate (g): The company plows back 37.5% of its earnings. The payout ratio is 62.5% (1 - 37.5%). With earnings per share (EPS) of $4.0, the growth rate (g) = EPS × retention ratio = $4 × 37.5% = $1.5.
4. Find the DDM value (P0): Using the Gordon Growth Model, P0 = D1 / (r - g) = $2.5 / (0.2 - 0.0375) = $2.5 / 0.1625 = $15.385.
5. Calculate the PVGO: Subtract the DDM value from the stock's current price: PVGO = $30 - $15.385 ≈ $10.
Thus, $10 of the stock's $30 price is reflected in the present value of growth opportunities.
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Kadeem bought snacks for his team's practice. He bought a bag of oranges for $2.07 and a 24-pack of juice bottles. The total cost before tax was $33.03. Write and solve an equation which can be used to determine xx, how much each bottle of juice cost
Each bottle of juice cost are 1.29 per bottle.
What is tax?
The term tax refers to the government charge the extra money for goods and services. The tax is also called as financial charge. The public pay tax is compulsory. There are two categories of tax such as direct tax and indirect tax.
The equation are the given are:
oranges for $2.07
total cost before tax was $33.03
24-pack of juice bottle
X = (tax-oranges) ÷ juice bottle
X = ($33.03—$2.07) ÷ 24
X = (30.96) ÷ 24
X = 1.29 per bottle.
As the result, the tax was the included the per bottle price is the $1.29.
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Answer:
Here's the equation and everything
Explanation:
Under fixed exchange rate regime, a monetary tightening will lead to:
Under a fixed exchange rate regime, a monetary tightening refers to the implementation of policies aimed at reducing the money supply and increasing interest rates to control inflation and stabilize the economy. In such a scenario, several outcomes can be expected:
1. Higher interest rates: Monetary tightening involves raising interest rates to reduce borrowing and spending. Higher interest rates make borrowing more expensive, discouraging individuals and businesses from taking out loans and reducing consumption and investment.
2. Reduced money supply: Central banks employ various tools to tighten monetary policy, such as selling government bonds, increasing reserve requirements for banks, or raising the benchmark interest rate. These actions reduce the money supply by removing money from circulation or increasing the cost of borrowing.
3. Decreased aggregate demand: The higher interest rates resulting from monetary tightening can reduce consumer spending and business investment. Higher borrowing costs make it less attractive for businesses to expand or invest in new projects, leading to a decrease in aggregate demand.
4. Lower inflation: The objective of monetary tightening is often to combat inflationary pressures. By reducing the money supply and curbing spending, it can help bring down inflation rates over time.
5. Appreciation of the domestic currency: Under a fixed exchange rate regime, the exchange rate is fixed relative to another currency or a basket of currencies. When a country implements monetary tightening, it can attract foreign capital due to higher interest rates. This increased demand for the domestic currency can lead to an appreciation of the currency's value.
Overall, a monetary tightening under a fixed exchange rate regime is aimed at reducing inflationary pressures and maintaining the stability of the exchange rate. However, it may also result in reduced aggregate demand and potentially impact economic growth in the short term.
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3. The following figures for a business are available:
$
June 1, 2019
Stock
Creditors
Debtors
Stock
Creditors
Debtors
May 31, 2020
11,590
3,410
5,670
13,425
4,126
6,108
Year to May 31, 2020
Received from debtors
Paid to creditors
45,112
29,375
All goods were bought or sold on credit.
Required:
Draw up the trading account for the year May 31, 2020, deducting any figures that may
be needed.
Answer:
what's the question....
Explanation:
How can a person become a dentist
Explanation:
It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).
brainliest please
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.