answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
12345 [234]
2 years ago
15

A simple index of three stocks have opening values on day 1 and day 8 as shown in the table below. What is the rate of change of

this simple index over one week? Round your answer to the nearest tenth. A. 12.8% B. –11.4% C. –12.8% D. 11.4%
Business
2 answers:
AnnZ [28]2 years ago
8 0
The correct answer is letter B)-11.4% (APEX)
ololo11 [35]2 years ago
8 0

just took the A P E X test its -11.4 boiiis

You might be interested in
As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 30% of Nursery Supplies Inc
Natalka [10]

Answer:

a. How would this investment be classified on Florists' balance sheet?

Florists International must use the equity method since it exercises significant influence over Nursery Supplies. This investment must be reported under non-current assets as Investment in Nursery Supplies.

Dr Investment in Nursery Supplies 60,000,000

    Cr Cash 60,000,000

Dr Cash 12,000,000

    Cr Investment in Nursery Supplies 12,000,000

Dr Investment in Nursery Supplies 21,000,000

    Cr investment revenue 21,000,000

b. Prepare all appropriate journal entries related to the investment during 2021, under the fair value option, and in a manner similar to what Florists would use for investments in equity securities for which it does not have significant influence.

Dr Investment in Nursery Supplies 60,000,000

    Cr Cash 60,000,000

Dr Cash 12,000,000

    Cr Dividend revenue 12,000,000

Dr Loss on held for trading securities 4,000,000

    Cr Investment in Nursery Supplies 4,000,000

3 0
1 year ago
When the Shaffers had a monthly income of $4,000, they usually ate out 8 times a month. Now that the couple makes $4,500 a month
choli [55]

Explanation:

Income Elasticity of Demand(IED)= Percentage change in quantity demanded/ Percentage change in income

-Percentage change in Q:

%Change in quantity demanded= (q2-q1/q1) = (10-8)/8= 0.25

-Percentage change in Income:

%Change in income= (i2-i1/i1) = (4,500-4,000)/4,000= 0.125

IED= 0.25/0.125= 2

This indicates that the Shaffers are very sensitive to changes in income when it comes to eating out. Which means that changes in income will change significantly the number of times they eat out.

2. Restaurant meals are normal goods, in this case, because when income rises, they ate more in restaurants, then the units consumed for this good increase too.

5 0
1 year ago
Read 2 more answers
If a company pays dividends on a stock, does that mean that the stock has appreciated in value? Why or why not?
PolarNik [594]

Dividend is the amount of share in the earnings paid by the company to its shareholders for their investment in the company. So dividend is paid out of the earnings made by the company and it has no relation with the increase or decrease in the value of the stock.

Hence, If a company pays dividends on a stock, it does not mean that the stock has appreciated in value.


4 0
2 years ago
Read 2 more answers
3. The impossible trinity Suppose the government of Iraq is deciding what kind of monetary policy and exchange rate regime to ch
vovangra [49]

Answer:

Correct Answer is (B)

Explanation:

We look at the objectives the government has in mind to achieve;

- stability in international trade

- stability in investment

Which of the listed policies will achieve these goals?

- the tool here used to control international trade is foreign exchange trading

- the tool used to control investment is interest rate

To achieve stability in these 2 indicators, both tools should be controlled. Thus the monetary policy & exchange rate regime to choose here is:

Controlling the interest rate in the country and imposing restrictions on foreign exchange trading.

Option (C) won't suffice because an independent monetary policy is necessary.

5 0
2 years ago
Rupert runs his own company and does all the hiring personally to ensure. Fit with the rest of the organization he’s built, wich
Westkost [7]
Do know how to follow instructions and work as a team
7 0
2 years ago
Other questions:
  • In the LMN partnership, Lynn's capital is $60,000, Marty's is $80,000, and Nancy's is $70,000. They share income in a 4:3:3 rati
    10·1 answer
  • Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was esti
    5·1 answer
  • Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus
    7·1 answer
  • The lot-for-lot (LFL) rule is best applied when: a. inventory-carrying costs are high. b. space constraints are low. c. costs as
    7·1 answer
  • Bryant Co. reports net income of $20,000. For the year, depreciation expense is $7,000 and the company reports a gain of $3,000
    15·1 answer
  • Tax return preparers may generally rely on a client's representations without verification unless:
    9·1 answer
  • your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one m
    6·1 answer
  • Mr. Lui has just finished his lesson on catharsis in his English literature class. He assigns students homework that entails res
    5·1 answer
  • Alexis want to buy a house in 5 years. She wants to save $75,000 over the next five years for a down payment. If she can earn an
    5·1 answer
  • Why should you avoid the use of sarcasm , cliches, and idioms in business letters?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!