Answer:

**Answer:**

Check the explanation

**Explanation:**

- The foremost thing is to first consider steady states. The Sluggish population growth rate swings in the line representing population growth and depreciation to the downward trend.
- The new stable rate has a superior level of capital per worker thereby having a higher level of output per worker.
- In Steady state, the entire output develops at rate n, whereas the output rate per worker grows at figure 0. Hence, slower population growth will hamper the figure of total output growth, but the rate of per-worker output growth will be the same.
- Now reflect on the transition. We know that the constant-state level of output per worker is higher with little population growth. Hence, for the period of the transition to the new steady state, output per worker should grow at a rate faster than 0 for a sometime.

Sue has transferred her transferable interest of the partnership business to her creditor to discharge her debt. however, sue is an efficient manager and she still manages the business, even after the transfer. is she still a partner?

Suppose the economy only produces three goods: bread, laptops, and movies. Calculate the CPI of 2008, using 2004 as the base year.

How can strategic leaders be successful in an industry like the airlines industry

If the percentage change in the quantity demanded of a good is greater than the percentage change in the price of the good, then how is the demand for the good characterized?

An asset has had an arithmetic return of 10.3 percent and a geometric return of 8.3 percent over the last 90 years. What return would you estimate for this asset over the next 10 years? 25 years? 30 years?

Suppose the economy only produces three goods: bread, laptops, and movies. Calculate the CPI of 2008, using 2004 as the base year.

How can strategic leaders be successful in an industry like the airlines industry

If the percentage change in the quantity demanded of a good is greater than the percentage change in the price of the good, then how is the demand for the good characterized?

An asset has had an arithmetic return of 10.3 percent and a geometric return of 8.3 percent over the last 90 years. What return would you estimate for this asset over the next 10 years? 25 years? 30 years?

Answer: option (B). Eurocurrencies

Explanation: Euro currency is currency deposited by nationals governments or corporations, outside of its home market. Eurocurrency is a currency commonly held in banks located outside of the country which issues the currency. Moreover is is pertinent to note that the term Eurocurrency applies to any currency and to banks in any country. Having Euro doesn’t mean the transaction has to involve European countries.

Eurocurrency is when an institution uses money from another country, but not in the originating country’s home market, and despite the name, Eurocurrency can involve any currency. For example Nigeria Naira deposited at a bank in United state is Eurocurrency.

March $29,000

April $19,000

May $25,000

June $24,000

The company expects 70% of its sales to be credit sales and 30% for cash. Credit sales are collected as follows: 25% in the month of sale, 67% in the month following the sale with the remainder being uncollectible and written off in the month following the sale. The budgeted accounts receivable balance on May 31 is:

a. $22,320.

b. $18,750.

c. $13,125.

d. $11,725.

**Answer:**

Option (c) is correct.

**Explanation:**

It is assumed that all the sales cash and credit up to the month of April will be adjusted before 31st may.

Any receivables remaining as on 31st May are related to the sales of May only.

May Sales = $25,000

Out of which Cash sales adjusted in the same month:

= 30% of May sales

= 30% × 25,000

=$7,500

Remaining credit sales:

= May sales - Cash sales

= $25,000 - $7,500

= $17,500

Out of which 25% i.e. $4,375 received in May only.

**The budgeted accounts receivable balance on May 31 is:**

= Remaining credit sales - Received 25% in May

= 17,500 - 4,375

= **$13,125 **

**Answer:**

A gallon of gasoline cost 1.36 carton of milk

**Explanation:**

**We should divide the given product over the base product**

** In this case, gasoline is the product we want to express based on carton of milk:**

2.39 gallon of gasoline / 1.76 carton of milk = 1,35795454

A gallon of gasoline cost 1.36 carton of milk

The relative price of a gallon of gasoline in terms of milk in March 2017 can be calculated by dividing the price of a gallon of gasoline ($2.39) by the price of a carton of milk ($1.76), which equals 1.36

To calculate the relative price of a gallon of gasoline in terms of milk. We need to divide the money price of the gallon of gasoline by the money price of the milk. So, $2.39 divided by $1.76 would give us the relative price of gas in terms of milk.

Here's the calculation:

**Divide**the price of a gallon of gasoline by the price of a carton of milk: $2.39 / $1.76 = 1.3579545454545454So, in March 2017, the relative price of a gallon of gasoline was approximately 1.36 cartons of milk.

#SPJ3

**Answer:**

Number of Shares for Basic Earnings per Share = 3,000,000

Number of Shares for Diluted Earnings per Share = 3,200,000

**Explanation:**

Basic Earnings per Share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Shares

__Weighted Average Number of Common Shares__

Common Shares Outstanding - December 31, year 1 2,500,000

April 1, Year 2 Issue, 9/12× 500,000 375,000

July 1, Year 2 Issue, 6/12× 250,000 125,000

Number of Shares for Basic Earnings per Share 3,000,000

Diluted Earnings per Share =*Adjusted *Earnings Attributable to Holders of Common Stock /*Adjusted* Weighted Average Number of Common Shares

*Adjusted*__ Weighted Average Number of Common Shares__

Number of Shares for Basic Earnings per Share 3,000,000

Add 7% convertible bonds (5,000×40 shares) 200,000

Number of Shares for Diluted Earnings per Share 3,200,000

To compute basic earnings per share (EPS) and diluted earnings per share for the year ended December 31, year 2, we need to consider the weighted average number of shares outstanding during the year. The number of shares to be used in computing basic EPS would be 2,500,000 for the first three months, then 3,000,000 for the next six months, and finally 3,250,000 for the last three months. For diluted EPS, we would use the same number of shares as the basic **EPS calculation.**

To compute basic earnings per share (EPS), we need to consider the weighted average number of shares outstanding during the year. For this, we calculate the number of months each share was outstanding and then multiply it by the number of shares for that period. The number of shares to be used in computing basic EPS would be 2,500,000 for the first three months, then 3,000,000 (2,500,000 + 500,000) for the next six months, and finally 3,250,000 (2,500,000 + 500,000 + 250,000) for the last three** months.**

For diluted EPS, we need to consider the potential dilutive effect of convertible bonds. Since no bonds were converted into common stock, the number of shares to be used in computing diluted EPS would be the same as the basic EPS **calculation.**

#SPJ3

b. 10%.

c. 12%.

d. 14%.

e. 8%.

**Answer:**

**a. 16%.**

**Explanation:**

According to the given situation, the calculation of the upper bond is shown below:-

**Upper bond = Mean return + Z Value (Standard deviation ÷ SQRT(n))**

= 12% + 2 × (10% ÷ 5)

= **16%**

Note :- 95.4% confidence level has "Z Value" OF 2. (consider cumulative normal distribution table)

Therefore for computing the upper bond we simply applied the above formula.

**Answer:**

what is the question being asked here?