compute the company’s (a) working capital and (b) current ratio. (round current ratio to 2 decimal places, e.g. 1.55:1.)

Answers

Answer 1

The company's working capital and current ratio are important financial metrics used to assess its short-term liquidity and financial health. The working capital represents the company's ability to meet its short-term obligations, while the current ratio indicates its ability to cover current liabilities with current assets. To compute the working capital and current ratio, relevant financial information is required, such as current assets and current liabilities.

Working capital is calculated by subtracting current liabilities from current assets. Current assets typically include cash, accounts receivable, and inventory, while current liabilities include accounts payable, short-term debt, and accrued expenses. The formula for working capital is:

Working Capital = Current Assets - Current Liabilities

The working capital figure provides insights into the company's liquidity and its ability to cover short-term obligations. A positive working capital indicates that the company has sufficient current assets to meet its current liabilities, which is generally considered favorable.

The current ratio is another important metric that assesses a company's liquidity. It is calculated by dividing current assets by current liabilities. The formula for the current ratio is:

Current Ratio = Current Assets / Current Liabilities

The current ratio reflects the company's ability to pay off its current liabilities using its current assets. It provides a measure of the company's short-term financial strength and its capacity to handle immediate obligations. A higher current ratio is generally considered more favorable, as it indicates a greater ability to cover short-term liabilities.

In conclusion, by computing the working capital and current ratio, analysts and investors can gain valuable insights into a company's short-term liquidity and financial health. These metrics help assess the company's ability to meet its obligations and manage its current assets and liabilities effectively.

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Related Questions

Asha owns a car-wash and is trying to decide whether or not to purchase a vending machine so customers
can buy coffee while they wait. She'll get the machine if she's convinced that more than 30% of her
customers would buy coffee. She plans on taking a random sample of n customers and asking them
whether or not they would buy coffee from the machine, and she'll then do a significance test using
a = 0.05 to see if the sample proportion who say "yes" is significantly greater than 30%.
Suppose that in reality, it is actually 33% of her customers that would buy coffee.
Which of the changes below would result in the highest power for her test?

Answers

Answer: D

Step-by-step explanation:

She uses a sample size of n=200, and 50%  of all customers would actually buy coffee.

The change that would result in the highest power for her test is D. increase the significance level to α = 0.01 and use a sample size of n = 300.

What is significance level?

The significance level simply means the probability of rejecting the null hypothesis when it is true.

It should be noted that the power of the test depends on 4 factors which are the sample size, standard deviation, effect size, and significance level.

In the given scenario, the larger sample size will increase the power of the test and a higher significance level will result in a higher power.

Therefore, the test is done with the largest sample size and highest significance level of 0.10

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Given the velocity v = ds/dt and the initial position of a body moving along a coordinate line, find the body's position at time t. v = 9.8t + 15, s(0) = 20 s(t) =

Answers

The body's position at time t is given by the equation s(t) = [tex]4.9t^2 + 15t + 20[/tex].

To find the body's position at time t,

we need to integrate the velocity function with respect to time and apply the initial condition.

Given:

v = 9.8t + 15

s(0) = 20

First, integrate the velocity function with respect to time to obtain the position function:

∫v dt = ∫(9.8t + 15) dt

s(t) = [tex]4.9t^2 + 15t + C[/tex]

Next, we apply the initial condition s(0) = 20 to determine the value of the constant C:

s(0) =[tex]4.9(0)^2 + 15(0) + C[/tex]

20 = C

Now, we have the complete position function:

s(t) =[tex]4.9t^2 + 15t + 20[/tex]

In conclusion, To find the position of the body at time t,

we integrated the velocity function with respect to time,

applied the initial condition to determine the constant,

and obtained the position function s(t) = [tex]4.9t^2 + 15t + 20[/tex].

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Can someone solve for the question mark?

6x + ? = 10

Answers

Theirs no such thing lol
Depends, the lowest being X=1 and it being 6 alone
6(1) + ? = 10

Find the value of x in the picture below(round to nearest test)

Answers

Answer:

x = 13

Step-by-step explanation:

Using Pythagoras' identity in the right triangle.

The square on the hypotenuse is equal to the sum of the squares on the other 2 sides, that is

x² = 5² + 12² = 25 + 144 = 169 ( take the square root of both sides )

x = [tex]\sqrt{169}[/tex] = 13

For the following systems, draw a direction field and plot some representative trajectories. Using your graph, give the type and stability of the origin as a critical point. You may need to look at the eigenvalues to be sure. 3 5 3 -2 4 2 2 -2 1 x, b. X'= X, X 5 3 1 -5 4 1 4 2 2 a. X' c. X'= -63) — —

Answers

Plot direction fields and trajectories. Analyze eigenvalues to determine stability and type of critical point.

For system (a):

The direction field and trajectories should be plotted based on the given matrix:

[3 5] [x]

[3 -2] * [y]

To determine the type and stability of the origin as a critical point, we can analyze the eigenvalues of the matrix. The eigenvalues are found by solving the characteristic equation:

det(A - λI) = 0,

where A is the given matrix and λ is the eigenvalue.

For system (b):

The direction field and trajectories should be plotted based on the given matrix:

[1 -5] [x]

[4 1] * [y]

To determine the type and stability of the origin as a critical point, we can again analyze the eigenvalues of the matrix.

For system (c):

The direction field and trajectories should be plotted based on the given matrix:

[-6 3] [x]

[ -4 -2] * [y]

To determine the type and stability of the origin as a critical point, we once again analyze the eigenvalues of the matrix.

Analyzing the eigenvalues will allow us to determine if the critical point is a stable node, unstable node, saddle point, or any other type of critical point.

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Find the slope of each line joining each pair of points:
Find the slope of each line joining each pair of points: (4,6) and (1,2)

Answers

The slope of the line joining the given pair of points is 4/3.

The slope of the line joining the points (4, 6) and (1, 2) can be found using the formula:

slope = (y2 - y1) / (x2 - x1).

Substituting the coordinates of the two points into the formula:

slope = (2 - 6) / (1 - 4)

Calculating this expression:

slope = -4 / -3

Simplifying the fraction:

slope = 4/3

Therefore, the slope of the line joining the points (4, 6) and (1, 2) is 4/3.

To evaluate the slope of a line joining two points, we use the formula (y2 - y1) / (x2 - x1), where (x1, y1) and (x2, y2) are the coordinates of the two points. In this case, we substitute the coordinates (4, 6) and (1, 2) into the formula and calculate the expression.

Simplifying the fraction, we find that the slope of the line is 4/3. This means that for every 3 units of horizontal change (x-axis), the line rises by 4 units (y-axis).

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i’d appreciate if someone would help me here:-)

Answers

Answer:-4

Step-by-step explanation:

find the equation for the angle then find what x equals​

Answers

Answer:

x = 18

Step-by-step explanation:

∠ GFH and ∠ EFH form a right angle GFE , then

2x + 3x = 90 ← equation for the angle

5x = 90 ( divide both sides by 5 )

x = 18

The city of İzmir is prone to three main types of natural hazards: earthquakes, winds and floods. Each of these can be modelled as a Poisson process. The mean annual occurrence rates for earthquakes and floods are 0.1 and 0.25 damaging events, respectively. The wind is considered as a hazard when the speed exceeds 40m/s. The probability distribution for the annual wind speed is known to be lognormal with a median of 30m/s and a coefficient of variation 0.2. All the three hazardous events occur independently of each other, and each can cause damages with an approximate cost of 2M TL. For proper budgeting, the municipality of İzmir needs to calculate the expected monetary loss from natural hazards, and approximately estimates the loss as a product of the number of hazardous events and the related cost. Based on this data, find out: a) What is the return period of a hazardous wind? b) What is the probability that more than 3 hazardous events in total can happen within a year? c) What is the probability that no hazardous events can happen within 5 years? d) Provide estimates for the mean and standard deviation of expected annual monetary losses so as to have an idea about how much budget the municipality should allocate for natural hazards.

Answers

The return period of a hazardous wind can be calculated by finding the inverse of its cumulative distribution function (CDF) at a certain threshold value.

a) To determine the return period of a hazardous wind, we need to find the threshold wind speed that corresponds to a specific return period. Since the wind speed follows a lognormal distribution with a known median and coefficient of variation, we can calculate the corresponding quantile using the inverse of the lognormal CDF.

b) The probability of more than 3 hazardous events in the total happening within a year can be calculated using the Poisson distribution. We sum the probabilities of having 4, 5, 6, and so on hazardous events in a year.

c) The probability of no hazardous events happening within 5 years can also be calculated using the Poisson distribution. We calculate the probability of zero hazardous events in one year and then raise it to the power of 5.

d) To estimate the mean and standard deviation of expected annual monetary losses, we multiply the mean number of hazardous events for each type by the cost per event. Since the three hazardous events occur independently, we can sum the expected losses for each type.

The standard deviation of the expected losses can be calculated using the properties of independent random variables. By calculating the mean and standard deviation of expected annual monetary losses, the municipality can have an idea of the budget allocation required to mitigate the impact of natural hazards in Izmir.

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One penny is 1% of a dollar
$ 0.25 is 25% of a dollars . $1.25 is 12.5% dollars

Answers

Answer:

$1.25 is NOT 12.5% dollars. It is 125% of a dollar.

Step-by-step explanation:

We have 1 and 1/4 dollars. 1 and 1/4 as a percentage is 125%

please help me i need this. will get 100 points

Answers

The probability that a plant produces between 15 and 19 strawberries is given as follows:

47.5%.

How to calculate a probability?

The two parameters that are needed to calculate a probability are listed as follows:

Number of desired outcomes in the context of a problem or experiment.Number of total outcomes in the context of a problem or experiment.

Then the probability is then calculated as the division of the number of desired outcomes by the number of total outcomes.

The desired areas for this problem are given as follows:

Between 15 and 17: 34%.Between 17 and 19%: 13.5%.

Hence the probability is given as follows:

34 + 13.5 = 47.5%.

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Simplify: 2(x+3)+5(2x-1)

(no files please)

Answers

12x+ 1 i simplified this

A researcher wants to test the claim that the average lifespan for florescent lights is 1600 hours. A random sample of 100 fluorescent lights has a mean lifespan of 1580 hours, and a standard deviation of 100 hours. Is there evidence to support the claim at 5% level of significance?

Answers

Yes,  there is evidence at a 5% level of significance to support the claim that the average lifespan for fluorescent lights is not 1600 hours.

How do we calculate?

Null hypothesis: is defined as the average lifespan for fluorescent lights is 1600 hours.

Alternative hypothesis : is defined as  average lifespan for fluorescent lights is not 1600 hours.

Sample size (n) = 100

Sample mean = 1580 hours

Sample standard deviation (s) = 100 hour

t = (Sample mean - μ) / (s / √n)

μ =  hypothesized population mean

s=  sample standard deviation

t = (1580 - 1600) / (100 / √100)

t = -20 / (100 / 10)

t = -20 / 10

t = -2

The significance level of 0.05 will be divided by 2 to get an alpha level of 0.025.

We make use of a  t-distribution table to look up the critical t-value in the with degrees of freedom equal to n-1 = 99.

The critical t-value is  1.984 for a significance level of 0.025 and degrees of freedom = 99.

In conclusion,  we have evidence to reject the null hypothesis because the absolute value of the test statistic is greater than the critical t-value.

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what is 13/50 as a decimal and percent​

Answers

decimal = 0.26

percent = 26%

In ΔFGH, f = 930 inches, g = 520 inches and ∠H=169°. Find ∠G, to the nearest degree.

Answers

Answer:

Thats so hard oh my gosh!

Step-by-step explanation:

Answer:4 degrees

Step-by-step explanation:

Kristin boards a Ferris wheel at the 3-o’clock position and rides the Ferris wheel CCW for one full rotation. The Ferris wheel has a radius of 8 meters and the center of the Ferris wheel is 12 meters above the ground. Imagine an angle with its vertex at the center of the Ferris wheel that subtends the path Kristin travels.
Answer the following questions.
a.If Kristin has traveled 4 meters along the path of the Ferris wheel then the angle has swept out _________radians. b.If Kristin has traveled 45 meters along the path of the Ferris wheel then the angle has swept out ___________radians. c. Write a formula that expresses the number of radians θ the angle has swept out in terms of the number of meters d Kristin has traveled since the ride started.

Answers

a) If Kristin has traveled 4 meters along the path of the Ferris wheel then the angle has swept out 0.5 radians.

b) If Kristin has traveled 45 meters along the path of the Ferris wheel then the angle has swept out 5.625 radians.

c) The formula that expresses the number of radians θ the angle has swept out in terms of the number of meters is θ = s / r.

a. To determine the angle in radians, we can use the arc length formula for a circle. The formula is given by θ = s / r, where θ is the angle in radians, s is the arc length, and r is the radius of the circle.

In this case, Kristin has traveled 4 meters along the path of the Ferris wheel, and the radius is 8 meters.

Thus, the angle swept out is

θ = 4 / 8 = 0.5 radians.

b. Following the same approach, if Kristin has traveled 45 meters along the path of the Ferris wheel, the angle swept out is

θ = 45 / 8 ≈ 5.625 radians.

c. The formula that expresses the number of radians θ the angle has swept out in terms of the number of meters Kristin has traveled since the ride started is given by

θ = s / r,

where θ is the angle in radians, s is the arc length traveled by Kristin, and r is the radius of the Ferris wheel.

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) What is the GCF of 36 and 60?
4
6
12
18

Answers

Answer:

12

Step-by-step explanation:

List out the factors of each

36: 1,2,3,4,6,9,12,18,36

60: 1,2,3,4,5,6,10,12,15,20,30,60

the highest number they both have in common is 12

To find the x-intercept, we let y = 0 and solve for x and to find y-intercept, we let x=0 and solve for y. Figure out the x-intercept and y-intercept in given equation of the line.
6x + 2y = 12
not bots with links or so help me i will

Answers

Answer:

        X-intercept: (2, 0)          Y-intercept: (0, 6)

Step-by-step explanation:

X-intercept: y=0:

6x +2×0 = 12

6x = 12

 x = 2          

Y-intercept: x=0:

6×0 + 2y = 12

2y = 12

 y = 6      

Voting in Seaside's annual school board elections has been going down by 10% from one election to the next. If 990 parents voted this year, how many will vote 4 years from now?
If necessary, round your answer to the nearest whole number.

Answers

Answer:

FV= 676

Step-by-step explanation:

Giving the following formula:

Present value (PV)= 990 parents

Decrease rate (d)= 10% = 0.1 per year

Number of periods (n)= 4

To calculate the future value of votes, we need to use the following formula:

FV= PV / (1 + d)^n

FV= 990 / (1.1^4)

FV= 676

1. what linear function, y=f(x) has f(0) = 8 and f(7) = 14 ?

Answers

A linear function is a mathematical function that can be represented by a straight line when graphed on a Cartesian coordinate system. It is also known as a first-degree polynomial because the highest exponent of the variable is 1. The general form of a linear function is: f(x) = mx + b

To find a linear function given two points on the line, you need to use the point-slope formula.

The formula is `y - y1 = m(x - x1)`, where `(x1, y1)` is a point on the line and `m` is the slope of the line.

Given that f(0) = 8 and f(7) = 14, we can find the slope of the line:$$\frac{f(7) - f(0)}{7 - 0} = \frac{14 - 8}{7} = \frac{6}{7}$$Now, we can use the point-slope formula with the point `(0, 8)` and the slope `6/7`:$$y - 8 = \frac{6}{7}(x - 0)$$

Simplifying this equation, we get:$$y - 8 = \frac{6}{7}x$$$$y = \frac{6}{7}x + 8$$

Therefore, the linear function with `f(0) = 8` and `f(7) = 14` is `y = (6/7)x + 8`.

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A linear function, y = f(x) that has f(0) = 8 and f(7) = 14 is given by: f(x) = mx + b, Where m represents the slope of the line and b represents the y-intercept. The equation of the linear function is: y = f(x) = (6/7)x + 8.

To find the slope of the line, we use the formula:

m = (y₂ - y₁) / (x₂ - x₁), where (x₁, y₁) = (0, 8) and (x₂, y₂) = (7, 14).

Substituting into the formula:

m = (14 - 8) / (7 - 0)

m = 6 / 7

Therefore, the equation of the line is given by: f(x) = (6/7)x + b.

To find the value of b, we use the fact that f(0) = 8.

Substituting into the equation, we get: 8 = (6/7)(0) + b.

Simplifying, we get: b = 8.

Therefore, the equation of the linear function is: y = f(x) = (6/7)x + 8.

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An amusement park sold 38 discount tickets and 12 full-price tickets. What percentage of the tickets sold were discount tickets?

Answers

76%

38+12 is 50
38 divided by 50 = 0.76 so
76% of tickets were discounted...


Write -8 7/8
as a decimal number,

Answers

Answer:

-8.875

Step-by-step explanation:

8 7/8 > -71/8 > -8.875

Identify the volume of a cone with diameter 18 cm and height 15 cm.
a. V = 3817 cm^(3)
b. V = 1272.3 cm^(3)
c. V = 1908.5 cm^(3)
d. V = 1424.1 cm^(3)

Answers

The volume of a cone with diameter 18 cm and height 15 cm is b. V = 1272.3 cm^(3).

To calculate the volume of a cone, we use the formula:

V = (1/3) * π * r^2 * h

where V is the volume, π is the mathematical constant approximately equal to 3.14159, r is the radius of the cone's base, and h is the height of the cone.

Given that the diameter of the cone is 18 cm, we can calculate the radius by dividing the diameter by 2:

r = 18 cm / 2 = 9 cm

Substituting the values into the volume formula:

V = (1/3) * π * 9^2 * 15

Calculating:

V ≈ 1272.3 cm^3

Therefore, the volume of the cone is approximately 1272.3 cm^3.

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Help me with this Math question.

Answers

Answer:

D

Step-by-step explanation:

Just graph the equation and where they intercept is the solution.

Just use desmos graphing calculator if you don't know how to graph.

helppp plss i need to find the range,mean,mode and median but I don't know how

Answers

So I’ll give you he method please mark brainiest :)

Range: take the largest number and subtract the smallest number you have

Mean: add all the numbers together and divide it by the amount of numbers there were

Mode: the number that appears most often so multiple times

Median: To find the median, put all numbers into ascending order and work into the middle by crossing off numbers at each end. If there are a lot of items of data, add 1 to the number of items of data and then divide by 2 to find which item of data will be the median.

Please mark as brainiest :)))

what is this answer to these questions no links 30 points

Answers

Answer:

do i need to answer them for me or just basically?

1. This is NOT a statistical question since you don't need data or mathematical data, or collection of nothing to come to a conclusion because it's a question for any person in the world and we know it's Donald Trump; we don't need math, collection of data or analysis to know this.

2. This is a statistical question because you need to use math to know this; you need to collect a lot of cupcakes, describe their types and size, you need to analyze and count how many you can eat, and see the results or side effects,  you might even have to do this more than one so you can gather all your quantitative to come to a conclusion.

3. This is NOT a statistical question. This is a yes or no question where you can ask anyone in your family if they speak another language, this doesn't require math or gathered data to come to a conclusion; the question would be statistical if it was, "How many people in your family speak another language COMPARED to the other people in your family? This would be an example of a statistical question given this scenario.

Solve the system of equations using substitution
y=x+1
x+y = 7

Answers

x = 3, y = 4
or if u want coordinates: (3,4)

What is the solution to the equation below?

4w=2/3

A
6/3

B
8/3

C 2/12

D 4 2/3


THESE ARE FRACTIONS

Answers

what is the equation

Answer:

I think it is 2/12

Laney bought some candy from the bulk food store. She bought a 290 gram bag of gummy worms, a 450 gram bag of sour keys, and 670 gram bag of chocolate covered almonds. What is the total weight in kilograms?

Answers

Answer:

1.41 kilograms

Step-by-step explanation:

Given data

290-gram bag of gummy worms

450-gram bag of sour keys

670-gram bag of chocolate-covered almonds

In all, she bought

=290+450+670

=1410grams of candy

Now let us convert from grams to kilograms

1000grams is equal to 1 kilogram

hence 1410 grams  will be x

cross multiply

1000x= 1410

x= 1410/1000

x= 1.41 kilograms

Help meee helppp meee help

Answers

This is the answer b=-2a+5
Other Questions
Please write your code in R and submit your script and results for each of the following. Use the functions expand() and S1_function() to do the following:Create a second function for substitution box S2_function() that replicates the S1_function() your wrote for homework 4 except that it uses the following substitution boxes: S11 contains the binary of the numbers (4, 0, 6, 5, 7, 1, 3 2) and S12 contains those for (5, 3, 0, 7, 6, 2, 1, 4). (20 points)Create a round function called round1() that takes a binary character vector of length 12 and key K of length 9 and does the following: (20 points total)Divide the block into two equal halves called L0 and R0.Create two sub keys K1 containing the first 8 digits of K and K2 that contains the last 8 digits of K.Expand R0 from 6 t o 8 bits and call it ER0.Take the XOR of the result of ER0 with K1. Store the first 4 bits in a variable called block1 and the last 4 bits in a variable called block2.Call S1_function with block1 as its parameter.Call S2_function with block2 as its parameter.Concatenate the results of e) and f) and store the result in a variable called FR0.Take the XOR of FR0 and L0 and store the results in R1.Store R0 to L1.Return L1 concatenated to R1.Write a second function called round2() that is similar to round1() except that it uses K2 and returns the concatenation of R2 and L2. (20 points)Encrypt the message" "Wire $2000 to Bob" using the functions you wrote above following the simplified DES discussed in the class. (20 points)Modify the functions round1() and round2() such that they can be used for decryption. [Hint: for decryption use K2 instead of K1 for round1() and K1 instead of K2 for round2(). Use a third parameter in the two functions round1() and round2() to indicate whether you are encrypting or decrypting]. compare and contrast the 4 ways managers make decisions give example. .Knowledge Check 01 Carboy, Inc., has a December 31 year-end. On November 1, Year 1, the company borrows $120,000 from Third National Bank. The annual interest rate is 9%. The note is due in one year on October 31, Year 2. Interest is payable at maturity on October 31, Year 2 Prepare the adjusting entry dated December 31, Year 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the accrued interest at December 31, Year 1, on the $120,000 note payable. All the following are needed for the computation of depreciation except__. Oa. salvage value. Ob. estimated useful life. c. cost. d. training costs of manufacturing personnel. 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The companys financial reports are prepared on a monthly basis.Required: Provide advice including journal entries to the managing director, with relevant references to the Accounting Standards in your answer What factors motivate the extension of trade credit? Bespecific please) Mortgage companies usually charge interest semi-annually. What would be the effective rate of interest on a mortgage at 8.15 percent compounded semi-annually? O a. 8.23 percent O b. 8.32 percent O c. 8.46 percent O d. 8.40 percent If you want to save $1,000,000 for retirement with $200 monthly deposits (end-of-month) at 6 percent interest compounded monthly, how long will it take? O a. 54.4 years O b. 55.9 years O c. 52.8 years O d. 57.2 years How does Capital Rationing affect a companys capital budgetingdecisions? A random sample of high school students is used to estimate the mean time all high school students study for Geometry tests. A 95% confidence interval based on this sample is: 0.9 hours to 2.7 hours.What is the sample mean ( )? The embryonic germ layer of tissue in animals that develops into the skin and nervous system is the: The approximation of 1 = $, (x 3)ex?dx by composite Trapezoidal rule with n = 4 is: 4.7846 15.4505 -5.1941 -25.8387 (CORRECT GETS BRAINLIEST) From the information in the graph, what is the mode number of books the girls read? A.3 B.4 C.5 D.6 1In Frankenstein, what does Walton discover when he enters Frankenstein's cabin after Frankenstein has died?A. The body has disappeared. B. The creature has been in the cabin. C. The creature is in the cabin. 3In Frankenstein, the setting in which Frankenstein pursues the creature is fitting because A. The creature feels trapped. B. Victor is emotionally barren and isolated. C. Victor feels a fiery passion for his desire to kill the creature ind the average giftlast among all donors with mailsyear between 0.5 and 1.5 using python T(t)equals=temperaturet minutes after midnight in Chicago on January 1.Choose the correct answer below.A.The function T(t) is continuous because the temperature changes gradually as time increases, with no jumps in between.B.The function T(t) is continuous because the temperature is a constant.C.The function T(t) is discontinuous because the temperature changes quickly.D.The function T(t) is discontinous because the temperature varies throughout the night. what is equal and opposite, according to newton's third law? responses A. change in acceleration change in acceleration reaction reaction change in velocity change in velocity action Indica cules de las funciones son afines y=-5 y=1-5x^2 y=-2x^2 y=3x+0,5 Question Completion Status: QUESTION 1 A credit card charges 2% per month on oustanding loans. The APR on this credit card is QUESTION 2 If the APR on a credit card loan is 2% per month, the effective annual rate is) %. Answer with 2 decimal places. QUESTION 3 You take an auto loan for $10,000 at an APR of 6% with 60 equal monthly payments starting 1 month from today. The monthly payments on your loan are $ (2 decimal places) 2 points 2 points 1 points Save Answer an open economy is an economy: a which does not engage in trade with other countries. b which does not impose taxes on its citizens. c which does not regulate its industries. d which trades goods and services with other countries. e where freedom of speech and religion can be practiced freely. Analysts predict that East Toys Inc. will pay dividends of $3 per share in year 1, $3.5 per share in year 2, and $3.8 per share in year 3. The firm then expects its dividend to decrease by 5% per year for three years (year 4,5,6). Thereafter the dividends will grow at 6% indefinitely. The required rate of return is 10%. What is the value of the stock today?a) $48.94 b) $59.55 c) $39.45 d) $32.81 e) None of the above