The estimated present value of Company X's stock using the DDM is approximately €53.61.
The Dividend Discount Model (DDM) is a valuation technique used to estimate the present value of a stock by considering the future dividends that an investor expects to receive. By discounting these expected dividends back to their present value, investors can determine whether the current stock price is overvalued or undervalued. This approach is based on the assumption that the company will continue to pay dividends in the future.
Given Information:
Current bid price of Company X: €60 per share
Ask price of Company X: €61 per share
Expected dividend in year 1 (D1): €2 per share
Expected dividend in year 2 (D2): €3 per share
Expected bid price in two years (P2): €67 per share
Expected ask price in two years: €68 per share
Required rate of return (r): 12%
Calculation of Present Value:
To estimate the present value of Company X's stock using the DDM, the following formula is applied:
P = D1/(1+r) + D2/(1+r)^2 + P2/(1+r)^2
P = 2/(1+0.12) + 3/(1+0.12)^2 + 68/(1+0.12)^2 + 67/(1+0.12)^2
≈ €53.61
Comparison and Decision:
As per the calculations, the estimated present value of Company X's stock using the DDM is approximately €53.61. However, the current bid price of the stock is €60, and the ask price is €61. Therefore, the market price of the stock exceeds the estimated stock price derived from the DDM.
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Discuss giving relevant examples any of the five (5)
types of monitoring.
Monitoring is essential for effective management and can be divided into five types.
Financial monitoring involves regularly reviewing and analyzing financial statements and metrics to assess the financial health and performance of a company. For example, a company may monitor its cash flow, profitability, and debt levels to ensure financial stability.
Operational monitoring focuses on tracking the efficiency and effectiveness of operational processes. An example would be a manufacturing company monitoring its production line to ensure smooth operations, minimize downtime, and optimize resource utilization.
Performance monitoring involves evaluating individual or team performance against predefined goals and targets. For instance, a sales team may be monitored based on their sales targets and performance indicators such as revenue generated and customer satisfaction.
Compliance monitoring entails ensuring adherence to legal and regulatory requirements. An example is a healthcare organization monitoring its compliance with patient privacy regulations, such as the Health Insurance Portability and Accountability Act (HIPAA).
Risk monitoring involves identifying, assessing, and managing potential risks that can impact the organization's objectives. For instance, a financial institution may monitor market trends and credit risk to proactively mitigate potential losses.
In summary, each type of monitoring plays a vital role in different aspects of organizational management, allowing businesses to track financial performance, operational efficiency, employee performance, regulatory compliance, and risk exposure. By implementing appropriate monitoring systems, organizations can make informed decisions and take proactive measures to achieve their goals and ensure sustained success.
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Using the Rule of 72, calculate how many years it will take to double an investment of
$1,000 given the following interest rates.
a. 2% interest rate
b. 5% interest rate
c. 7.5% interest rate
Answer:
see below
Explanation:
As per rule 72, it takes (72/interest rate to double the investment.
I.e., The time taken to double an investment= 72/ interest rate
To double 1000, it will take 2%
= 72/2
=36 years
At 5%
=72/5
=14.4 years
At 7.5 %
=72/7.5%
=9.6 years
Answer:
it would be c
Explanation:
What might be an advantage of using credit
a sale transaction on rental property closes on december 16. the landlord received the december rent of $1,380 on december 1. assuming the closing day is the buyer's, and that the 365-day method is used for prorating, which of the following entries would appear on the settlement statement?
The entry on the settlement statement would be:
Debit: Buyer's Rental Income
Credit: Seller's Rental Income
On the settlement statement, the buyer's rental income account is debited, representing the portion of the December rent from December 1 to December 16 that belongs to the buyer. Simultaneously, the seller's rental income account is credited with the same amount, indicating the transfer of the rent income for that period from the seller to the buyer. This prorating ensures that each party receives the rental income corresponding to their respective ownership periods during December.
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is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.
Answer:
ohExplanation:
.............................
At any given time, the group of people age 16 years and older who are willing and able to work is known as
the
A discouraged workers
B. unemployed
C. population
D labor force
Answer:
d. labor force
Explanation:
thanks to the lad in the comments
Answer:
labor force
Explanation:
a. An analysis of WTI's insurance policies shows that $2,674 of coverage has expired.
b. An inventory count shows that teaching supplies costing $2,318 are available at year-end.
c. Annual depreciation on the equipment is $10,698.
d. Annual depreciation on the professional library is $5,349.
e. On September 1, WTI agreed to do five courses for a client for $3,000 each. Two courses will start immediately and
finish before the end of the year. Three courses will not begin until next year. The client paid $15,000 cash in advance
for all five courses on September 1, and WTI credited Unearned Revenue.
f. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at
the end of the class. At December 31, $5,653 of the tuition revenue has been earned by WTI.
g. WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per
day for each employee.
h. The balance in the Prepaid Rent account represents rent for December.
The preparation of WTI Insurance Company's income statement for the year is as follows:
WTI Insurance Company
Income StatementFor the year ended December 31,
Tuition Fees $109,577
Training Fees 48,717
Total Revenue $154,694
Expenses:
Depreciation Expense -Professional Library $5,349
Deprecation Expense - Equipment 10,698
Salaries Expense 49,307
Insurance Expense 2,674
Rent Expense 24,468
Teaching Supplies Expense 7,869
Advertising Expense 7,132
Utility Expense 5,706
Total expenses $113,203
Net income $45,091
How do you prepare Income Statements from Unadjusted Trial Balance?To prepare an income statement from an unadjusted trial balance, you must take into consideration all the necessary end-of-period adjustments.
The adjustments ensure that the financial statements are prepared in accordance with the accrual basis. The accrual concept requires every expense and revenue for the period to be accounted for or recognized, whether received in cash or paid for.
Question Completion with Data from Unadjusted Trial Balance:Tuition Fees $103,924
Training Fees 38,717
Depreciation Expense -Professional Library $0
Deprecation Expense - Equipment $0
Salaries Expense $48,907
Insurance Expense $0
Rent Expense 22,429
Teaching Supplies Expense $0
Advertising Expense $7,132
Utility Expense $5,706
See attachment for more information.
Required: Prepare the income statement to show the net income.
Adjustments:a. Insurance Expense $2,674
b. Teaching Supplies Expense = $7,869 ($10,187 - $2,318)
c. Depreciation Expense - Equipment = $10,698
d. Depreciation Expense - Professional Library = $5,349
e. Training Fees = $48,717 ($38,717 + $10,000)
f. Tuition Fees $109,577 (103,924 + $5,653)
g. Salaries Expense $49,307 ($48,907 + $100 x 4)
h. Rent Expense = $24,468 ($22,429 + $2,039)
Thus, the income statement of WTI's Insurance shows a net income of $45,091.
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The price elasticity of demand for diamond rings is 6. This implies that if price rises by 24 percent, quantity demanded falls 4 percent. rises by 4 percent, demand falls by 24 percent. rises by 4 percent, quantity demanded falls by 24 percent. rises by 24 percent, quantity demanded rises 4 percent. rises by 4 percent, quantity demanded rises by 24 percent.
If the price of diamond rings rises by 4 percent, quantity demanded falls by 24 percent.
The price elasticity of demand measures the responsiveness of quantity demanded to changes in price. A price elasticity of demand of 6 indicates that the demand for diamond rings is highly elastic. In this case, a 4 percent increase in price would result in a 24 percent decrease in quantity demanded. This means that the quantity demanded is more sensitive to price changes, and a relatively small increase in price leads to a relatively larger decrease in quantity demanded. It is important for businesses to understand price elasticity of demand as it helps determine the impact of price changes on consumer behavior and revenue.
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8. __ improves as degree of educational attainment increases
•borrowing rate
•savings ability
•Median income
•interest rate
9. Which term is NOT a saving instrument?
•CD
•treasury bond
•savings account
•Checking account
hiroshi and giulio share a common investment goal and once they reach their goals, they will withdraw their money. giulio starts out with 33 times as much money as hiroshi and it takes hiroshi 55 times longer than giulio to reach this goal. they both use the same bank that provides a 55% annual interest rate compounded quarterly. work out how long it takes hiroshi to reach his investment goal? give your answer correct to the nearest year.
To find out how long it takes Hiroshi to reach his investment goal, we need to compare the amounts of money that Hiroshi and Giulio have and calculate the time it takes for Hiroshi's money to grow to Giulio's amount,
giulio starts out with 33 times as much money as Hiroshi. Let's say Hiroshi starts with x dollars. Therefore, Giulio starts with 33x dollars. They both use the same bank that provides a 55% annual interest rate compounded quarterly. To calculate the growth of their money, we can use the compound interest formula: A = P(1 + r/n)^(nt)
A is the future value of the investment, P is the principal amount (initial investment),r is the annual interest rate (as a decimal), n is the number of times that interest is compounded per year,t is the number of years.Since Hiroshi's money needs to grow to Giulio's amount.
we can set up an equation:
33x(1 + 0.55/4)^(4t) = 33x Simplifying the equation;
(1.1375)^4t = 1,
To solve for t, we can take the logarithm of both sides of the equation:
4t log(1.1375) = 0
Dividing both sides by 4 log(1.1375): t = 0,
The logarithm of 1 is 0, so the time it takes for Hiroshi to reach his investment goal is 0 years.However, this doesn't make sense in the context of the problem. It means that Hiroshi starts with the same amount as Giulio and doesn't need any time to reach the goal. Therefore, there may be an error in the information provided.
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When attending a networking event, you should
Question 18 options:
meet one person and make sure they understand what your business is.
tell others about your bad experiences with various local businesses.
make sure you are selling and move on when your contact starts talking about her services.
focus on the problems you can solve rather than listing the products or service that you sell.
Answer:
focus on the problems you can solve rather than listing the products or service that you sell.
Explanation:
When networking at ana event, the a is to leave a good impression of you and your business in the minds of people you interact with.
A good way to keep people engaged is to proceed solutions to their problems. Once you show you can solve a nagging problem, you become an asset they seek out to help them.
In contrast when there is more focus on listing products you can offer. It will create impression that you are only trying to satisfy your needs.
with its ethnic diversity, new york city is recognized as one of the nation's largest metropolises through commerce, finance, industry, and immigration. as a result, the city's economy was fueled in ways that led to its explosive growth in the late 19th and early 20th centuries.
As the biggest metropolis in the country, New York City.
What is ethnic diversity?
Continues to outperform the majority of the former rival cities. The city's population increased by 9% in the 1990s and at last surpassed eight million people. Of the sixteen biggest metropolitan in the northeast or midwestern United States, New York is the only one whose population has increased during the past fifty years. Its economy is still strong.
The largest industry in Manhattan has a payroll per employee of over $80,000 annually, and the second-largest industry has a payroll per employee of about $200,000. Even New York experiences times of apparent rebirth and crisis, and the 1970s were undoubtedly a time of true catastrophe for the city. Early in the nineteenth century, New York's prosperity was fueled by the expansion of the city's manufacturing sector, which in turn was dependent on New York's dominance as a port. The late nineteenth-century expansion of New York was at least as much a result of its function as a port of entry for immigrants to the country.
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When creating the complete 2nd Order Model for a regression model using job tenure (years working at that job), job experience (years working in that field), and education (high school, some college, associate's, or bachelor's), to predict income, you need to create interactions between all of the following EXCEPT:
One needs to create interactions between all of the following EXCEPT option B. high school and college. since, the model is using job tenure, it is the only option without work experience.
What is a 2nd Order Model for a regression model?The polynomial regression model has one, two, or more than two predictor variables. Each predictor variable may be present in various powers. This polynomial model is called a second-order with one predictor variable because the single predictor variable is expressed in the model to the first and second powers.
Therefore, the only predictor variable in all other options is job experience. However, option C. does not have the dominating variable.
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Is someone smart here?
Answer:i think it is A
Explanation: the reason its a is because the maximum would prevent people paying to much for gas
Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
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a contract of--------is a legal agreement in which one party (the insurer) promises to restore another party (the insured) to the approximate financial position it enjoyed prior to suffering a loss. a. actual cash value b. subrogation c. indemnity . d consideration
In a contract of indemnity, one party (the insurer) agrees to return the other party (the insured) to a financial position that is similar to what it was prior to the loss. Option C is the appropriate approach in this scenario.
Normally, an indemnity agreement is meant to guard against potential financial losses brought on by certain occurrences or conditions, such as accidents, injuries, or property damage.
If a loss happens, the insurer will normally provide the insured party a certain amount of money to cover the cost of repairing or replacing any damaged property and to make up for any additional losses or damages that could have occurred.
Depending on the particulars and the kind of coverage being offered, a contract of indemnity terms will change. To make sure they are sufficiently safeguarded against potential losses, it is crucial for both the insurer and the insured party to properly analyze and comprehend the contract's provisions.
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Advertising on a website is considered mainly what type of advertising media.
Answer:
Social media advertising
Explanation:
Types of advertising:
Paid search advertising.
Social media advertising.
Native advertising.
Display advertising.
Print advertising.
Broadcast advertising.
Outdoor advertising.
The taylor rule puts _________ as much weight on closing the unemployment gap as it does on closing the inflation gap.
Taylor's rule puts double weight on closing the unemployment gap in comparison to the inflation gap.
What is inflation?Inflation is the scenario where the price of goods or services is increased in such a way that results in decreasing the purchasing power of people.
The focus of Taylor's principle is to close the gap in unemployment by much double weight in contrast with the gap in inflation. It wants that the unemployment gap should be twice the inflation gap at the time of closing.
Therefore, the twice weight should be put up on unemployment as suggested by the rule of Taylor.
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despite your company’s strong training in ethical values and behaviors, you notice that the company’s top managers frequently engage in unethical behavior. of what is this an example?
Despite proper training in ethical values if a company's top manager still engage in unethical behavior it is because of enacted value or norm.
1. A enacted value or norm
The realistic depiction of behaviors supported by values or norms is referred to as enacted value. Therefore, engaging in repeated unethical behavior has value.
2. Effective
When a culture is developing positively, communication is facilitated, which increases the culture's effectiveness.
3. Perceptions of customer service
Customers' perceptions of an organization have a big impact on its culture. For instance, if a company is perceived by its consumers as a high-quality, innovative organization, this encourages the culture to push for the same.
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DISCUSSION QUESTIONS
1. What would make you want to quit your job?
2. Besides the costs involved in hiring and training a new employee, what other losses might a company incur when a new employee does not work out and is asked to leave?
3. What do you think is the biggest motivator for most employees--money, interesting work, recognition on the job (employee of the month), or something else? Which incentives most appeal to you?
1. There are several reasons why one may decide to quit their job.
Some of these reasons may include but not limited to;
lack of growth opportunities or career development, unfavorable working conditions such as long working hours, low pay, bad bosses, toxic work environment, or lack of motivation and job satisfaction.
2. Apart from the costs associated with hiring and training new employees, a company can also incur losses such as decreased productivity, damaged company reputation, loss of morale or engagement of other employees, additional workload, and decreased customer satisfaction.
3. The biggest motivator for most employees varies and may depend on the individual.
However, some of the most common incentives that most employees find appealing include interesting work, flexible work schedules, recognition, opportunities for growth and development, and an attractive compensation package.
For me, flexible work schedules and opportunities for growth and development are some of the incentives that most appeal to me.
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Calculate net worth using the following information.
Assets Liabilities
car - $3,500 car loan - $3,000
savings account - $1,000 credit card - $500
cash - $80
stock - $120
$1,200
$8,200
$12,000
$500
The net worth of the person, using the given information, can be found to be $ 1, 200
What is a person's net worth ?The value of all assets less the sum of all obligations is what is known as net worth. In other words, net worth is the sum of all assets minus all liabilities.
A person's or company's net worth is the value of their assets less the amount of obligations they have. It is a crucial indicator for assessing a company's health because it offers a helpful overview of its present financial situation.
In the financial industry, one's net worth—also known as net wealth—is used to determine whether a person is eligible for a particular set of investment opportunities or financial products, such as hedge funds, structured products, or other sophisticated or alternative investments.
The net worth of a person can be found by the formula :
= Assets - Liabilities
= 3, 500 + 1, 000 + 80 + 120 - 3, 000 - 500
= 4, 700 - 3, 500
= $ 1, 200
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what is a popular japanese sponge cake introduced by portuguese merchants in the 16th century called?
A popular Japanese sponge cake introduced by Portuguese merchants in the 16th century is called Castella Cake. It is a light, sponge cake made from flour, eggs, sugar and starch syrup. The ingredients are mixed and then baked into a rectangular shape before being cut into individual slices.
The cake has a unique texture due to the combination of ingredients and baking technique. It is known for its light, moist and airy texture as well as its golden brown color. Castella Cake is a popular sweet treat in Japan, often served with green tea. It is also popular in other parts of the world, especially in Southeast Asia, where it is commonly used in desserts, pastries, and other confections. It is a versatile cake that can be enjoyed either plain or with various fillings such as fruit, nuts and chocolate.
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This OS was created by a developer named Torvalds. Linux Mac Unix Windows
Answer:
Linux.
Explanation:
Linus Torvalds is a Finnish computer programmer, creator of the Linux operating system kernel in 1991. Torvalds began developing his project through research done in a particular way during his spare time, using his own computers, tools and spare parts, and taking the Minix operating system as a starting point, seeking to create his own operating system to use on his own personal computers. Finally, as a result of this development, Torvalds created the largest and best-known open software operating system today.
Ye Olde Cording Winery in Peoria, Illinois, makes three kinds of authentic German wine: Heidelberg Sweet, Heidelberg Regular, and Deutschland Extra Dry. The raw materials, labor, and profit for a gallon of each of these wines are summarized here:
If the winery has 150 bushels of grade A grapes, 150 bushels of grade B grapes, 80 pounds of sugar, and 225 labor-hours available during the next week, what product mix of wines will maximize the company’s profit?
a. Solve using the simplex method.
b. Interpret all slack variables.
c. An increase in which resources could improve the company’s profit?
The raw materials, labor, and profit for a gallon of Heidelberg Sweet, Heidelberg Regular, and Deutschland Extra Dry are tabulated below: Raw Materials, Labor and Profit for Each Gallon: Heidelberg Sweet Heidelberg RegularDeutschland Extra DryRaw Materials ($/gallon).
Grade A grapes Grade B grapes Sugar Labor (hours/gallon) The following linear programming model can be formulated to solve the problem in order to determine the best mix of products that will maximize profit.X1 = gallons of Heidelberg Sweet produced X2 = gallons of Heidelberg Regular produced X3 = gallons of Deutschland Extra Dry produced Maximize. Part B of the question demands that we interpret all slack variables. A slack variable is used to convert an inequality constraint to an equality constraint.
By examining the constraint coefficients of the objective function, we can determine the most important resources that affect the company’s profit. Since the objective function coefficients are the profit margins of the three types of wines, the most profitable wine type will be produced more, assuming all other constraints are met. Thus, the resources that are most critical in increasing the winery's profit is the raw material of the most profitable wine. By observing the objective function coefficients, it can be concluded that Heidelberg Regular is the most profitable wine type. Therefore, the winery should focus on increasing the production of Heidelberg Regular to improve its profits.
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which of the following is a nickname for the GAO?
SEC watchdog
regulatory watchdog
congressional watchdog
public watchdog
Answer:
B: regulatory watch dog
Explanation:
Idc I just got it right
Answer: it’s congressional watchdog you dummy
Explanation:
are indigenious and traditional technology the same
Answer:
Mark me as a Brainliest
Explanation:
The modern technology using the national resources, whereas the indigenous technology uses alternate material. For example instead of using coal and lime from factory if you use charcoal and seashell mortar for housing construction.
PLS HELP!
i have to write a presentation on why the government needs to do more to improve public schools. can anyone help with a few reasons?
The government needs to do more to improve public schools because;
It will allow for equality. Students both rich and poor will have access to quality education.It will ensure that the workforce is filled with learned individuals who can contribute to growth.Why should government improve public schools?The government should improve public schools because such moves will help all students get access to quality education. Everyone in the nation can be sure to have a good education and this makes for equality.
This will also help the future of the nation because well-trained students who can contribute to society's development will be produced.
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Refer to exhibit 4-8. suppose that wheat producers lobby the government for a price floor and receive one. this price floor is set at pf. what is the change in the total surplus at the price floor, compared to at the equilibrium price?
A tool that has been __________defective will creates headache and irritation. *
2 points
A. Frequently
B. Once a year
C. Once a month
D. Seldom
Answer:
frequently
Explanation:
I think its frequently
Sarah has an annual salary of $54000. If her income tax rate is 22%, find the amount of her taxes, her net annual, and net monthly salary.
Taxes:
Net Annual Salary:
Net Monthly Salary:
Sarah has to pay $11,880 in taxes annually, her net annual salary is $42,120, and her net monthly salary is $3,510.
To calculate the amount of taxes that Sarah has to pay, we need to multiply her annual salary by her tax rate. So, the amount of taxes that Sarah has to pay is:
Tax = Annual Salary x Tax Rate
Tax = $54,000 x 0.22
Tax = $11,880
Therefore, Sarah has to pay $11,880 in taxes annually.
To find Sarah's net annual salary, we need to subtract the amount of taxes she has to pay from her annual salary. So, her net annual salary would be:
Net Annual Salary = Annual Salary - Taxes
Net Annual Salary = $54,000 - $11,880
Net Annual Salary = $42,120
Therefore, Sarah's net annual salary is $42,120.
To find Sarah's net monthly salary, we need to divide her net annual salary by 12 (the number of months in a year). So, her net monthly salary would be:
Net Monthly Salary = Net Annual Salary / 12
Net Monthly Salary = $42,120 / 12
Net Monthly Salary = $3,510
Therefore, Sarah's net monthly salary is $3,510.
In summary, Sarah has to pay $11,880 in taxes annually, her net annual salary is $42,120, and her net monthly salary is $3,510.
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