Answer:
$508
Explanation:
The total assessed value of the house is $319,550 (= $84,550 + 235,000).
The annual tax rate is calculated in 100s, therefore we must divide $319,550 by $100 = 3,195.5 which will be rounded up to 3,196 100s.
Now we multiply 3,196 x $1.91 = $6,104.36
to calculate the monthly payment we divide $6,104 by 12 = $508
Answer:
The answer is <em>elastic; decrease</em>
Explanation:
Price elasticity of demand (PED) = %change in QD/ %change in price
PED = (2-1.55/1.55 ) * 100 / (160-220/220) *100 = 1.065
PED is elastic
Total revenue before price change = 1.55*220= $341.00
Total revenue after price change = 2* 160 = $320.00
Total revenue decreased by $21.00
Answer:
Increased responsibility for corporate officers
Explanation:
A review of eight thousand public companies, on the study of the impact of the Sarbanes-Oxley Act (SOX) of 2002 revealed that <u>SOX increased directors' workload and risk, and increased demand by mandating that firms have more outside directors. </u>
It was also revealed that both broad-based changes and cross-sectional changes (by firm size) occurred <u>because Board committees meet more often post-SOX</u> and Director and Officer insurance premiums have doubled.
Answer: (2) invest $1,000 in each of ten companies that have justhired Fisher graduates
Explanation:
This is the better option because if you invest all the money into one company, you stand a chance of losing all your money should the company fail.
It is better to invest in 10 companies that hired Fisher graduates. Why?
Diversification.
Diversification is investing in multiple investment vehicles to hedge your investments and ensure that you do not lose it all if one or a few investment go awry. By investing in 10 companies, you would be practicing diversification which would ensure that you do not lose it all on 1 company.
You also stand a chance to make more profit if a couple of those companies outperform your estimates.
Please do react or comment if you need any clarification or if the question was right so that you may help the next person. Thank you.
They would need way more credit and more money to pay for it
