Hanson Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,500,000 of 5% convertible bonds outstanding during 2018 . The preferred stock is convertible into 40,000 shares of common stock. During 2018, Hanson paid dividends of $.90 per share on the common stock and $3 per share on the preferred stock. Each $1,000 bond is convertible into 30 shares of common stock. The net income for 2018 was $600,000 and the income tax rate was 30%. Diluted earnings per share for 2018 is (rounded to the nearest penny)

Answers

Answer 1

The diluted earnings per share for 2018 is $2.82. To calculate diluted earnings per share, we need to consider the potential dilution from convertible securities.

In this case, the convertible preferred stock and convertible bonds have the potential to be converted into common stock. First, we calculate the diluted earnings by adjusting the net income for the interest expense on the convertible bonds and the tax savings from the convertible securities. The adjusted net income is $600,000 + (0.05 × $1,500,000 × (1 - 0.30)) = $615,000. Next, we calculate the diluted weighted average shares The diluted weighted average shares are (200,000 common shares + 20,000 preferred shares + (1,500,000/1,000) × 30) = 1,050,000. Finally, we calculate the diluted earnings per share $615,000 / 1,050,000 = $0.585 per share. Rounded to the nearest penny, the diluted earnings per share for 2018 is $2.82.

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Related Questions

Advances in technology has increased the number of people needed to

A. Develop computer software
B. Teach children in schools
C. Work on assembly lines
D. Serve in the military

Answers

Answer:

A. develop computer software

Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

What do disability insurance and life insurance have in common?

A.
Both are provided by your employer at the employer’s expense.
B.
Both charge the same amount for the policy premium.
C.
Both cover an unexpected loss of income.
D.
Both cover beneficiaries in the event of your death.

Answers

Answer:

C. Both cover an unexpected loss of income.

Explanation:

Disability Insurance protects against loss of income due to the inability to ask, resulting from injuries. This insurance policy compensates the insured for lost income due to incapacitation.

Life insurance offers protection against loss of income should the insured die. Life insurance pays the insured beneficiaries a specified sum of money as stipulated in the insurance contract. It is an assurance the insured's family will be compensated for the loss of income occasioned by their death.

why is the idea that value depends on consumers preferences radical

Answers

The idea that value depends on consumers' preferences is considered radical because it challenges traditional economic theories that emphasize objective measures of value, such as production costs or labor inputs. It asserts that subjective preferences and perceptions play a crucial role in determining value, which can vary from person to person.

The concept that value depends on consumers' preferences is radical because it challenges the classical theory of value, which focuses on objective factors like production costs or labor inputs as the determinants of value. This subjective theory of value, also known as marginal utility theory, argues that value is not inherent in goods or services but rather emerges from individuals' preferences and perceptions.

According to this perspective, individuals assign value to goods or services based on their personal satisfaction or utility derived from consuming them. The idea of subjective value recognizes that different individuals may assign different levels of value to the same product or service, as their preferences, needs, and tastes vary.

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When gathering information about certain occupations, be sure to understand how are paid. What is the difference between a salary and an hourly wage?

1 ) An hourly wage usually has benefits and is flexible whéreas a salary does not.

2) A salary is paid no matter how many hours you work whereas an hourly wage is paid only for the time on your job, wer.

3) An hourly wage is paid in installments whereas a salary is paid once a year.

4)A salary is paid based on the time spent working and an hourly wage is paid when the job is complete.

why?​

Answers

Answer:

2) A salary is paid no matter how many hours you work whereas an hourly wage is paid only for the time on your job,

Explanation:

A salary is a form of monetary compensation that employees receive for labor services they provide. Salaries are fixed amounts paid monthly or as stipulated in the employment contract. A  salary is a term payment, meaning an employee will receive the fixed amount after the agreed period's lapse regardless of hours worked or output.

An hourly wage is also a type of employee compensation. The employer set a specific figure to be paid for every hour worked in this form of compensation. After the lapse of a specified period, say a month, the employee's pay will be a product of the set hourly rate and the total number of hours worked.

A salary is paid no matter how many hours you work whereas an hourly wage is paid only for the time on your job, were is the difference between a salary and an hourly wage. Thus, option (2) is correct.

Employees receive monetary remuneration in the form of salaries in exchange for their work services. Salaries are set sums of money paid each month or as otherwise specified in an employment contract. A salary is a term of payment, implying that regardless of production or hours worked, an employee will receive the predetermined sum after the predetermined period has passed.

Another form of employee remuneration is an hourly wage. In this method of pay, the employer established a specified amount to be paid for each hour worked. The employee's salary will be a function of the agreed-upon hourly rate and the overall number of hours worked after a predetermined time period, such as one month, has passed.

Therefore, option (2) is correct.

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1. One advantage of sole proprietorship is:
A. -easing of starting.
B -availability of different talents.
C -unlimited life of the company.
D -double taxation

Answers

the right one is b available of different talents

What does random access memory (RAM) store?
A. the basic input output system (BIOS) system that contains the instructions the computer needs to start up
B. media such as images and videos that a user does not currently need access to
C. the hardware that makes the computer run such as the central processing unit (CPU), motherboard, and cords
D. commonly used instructions such as the operating system or in-use programs

Answers

The processes stored by the Random Access Memory ( RAM ) is D. commonly used instructions such as the operating system or in-use programs.

What is the use of the Random Access Memory?

The Random Access Memory ( RAM ) is a hardware component in the computer that is used to temporarily store the processes that the computer is currently running on. What this means is that the various things that you see on your computer screen such as the operating system, the movies and videos, the music, the antivirus, and even the calculator, are all stored on the Random Access Memory ( RAM ).

This means that the Random Access Memory ( RAM ) is very important in the functioning of a computer because without it, it would be difficult to run the programs being used. This is why when the Random Access Memory ( RAM ) is close to being filled up from too much usage, the computer slows down.

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assume that smith deposits $150 in currency into her checking account in the xyz bank. later that same day, jones negotiates a loan for $900 at the same bank. in what direction and by what amount has the supply of money changed?

Answers

Assume that smith deposits $150 in currency into her checking account in the xyz bank. Later that same day, jones negotiates a loan for $900 at the same bank.  The money supply increased by $900.

What transpires when the money supply rises?

Lower interest rates are often a result of increased money supply, which leads to more investment and more money in consumers' hands, which in turn boosts consumption. In response, companies place larger orders for raw materials and boost output.

How is the money supply regulated?

The RBI uses a variety of methods to control the amount of money in the economy: The central bank uses both quantitative and qualitative tools to manage the money supply. Through adjustments to the CRR, bank rate, or open market functions, quantitative instruments can control the size of the money supply.

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Assume that smith deposits $150 in currency into her checking account in the xyz bank. Later that same day, jones negotiates a loan for $900 at the same bank.  The money supply increased by $900.

What happens as the money supply expands?

Increased money supply often results in lower interest rates, which encourages more investment and more money in consumers' hands, which in turn increases consumption. As a result, businesses increase their orders for raw materials and increase output.

How is the amount of money controlled?

The RBI employs a range of techniques to regulate the amount of money in the economy. The central bank controls the money supply using both quantitative and qualitative instruments. Quantitative instruments have the ability to regulate the amount of money in circulation via changing the CRR, bank rate, or open market operations.

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according to the solow model of economic growth, if there is no productivity growth, what will happen to output per worker, consumption per worker, and capital per worker in the long run?

Answers

In the Solow Model of economic growth, if there is no productivity growth, output per worker, consumption per worker, and capital per worker will remain constant in the long run. Therefore, there will be no economic growth.

According to the Solow model of economic growth, if there is no productivity growth, output per worker, consumption per worker, and capital per worker will all remain constant in the long run. This is because the Solow model assumes that there are diminishing returns to capital, meaning that as more capital is added to the economy, the additional output produced by each unit of capital will decrease. Therefore, without productivity growth, the economy will eventually reach a steady state where output per worker, consumption per worker, and capital per worker will all be constant. In other words, the economy will stop growing in the long run without productivity growth.

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In this scenario, you're the coach of the Mapleton Muskrats dodgeball team. You've collected information about your players and organized it in a spreadsheet. Now you need to perform calculations so you can better understand your team's strengths and weaknesses. Perform the following tasks: Formulas and Functions: 1. In B12, use AVERAGEIF to find the average height of the female members of the team. 2. In B13, use SUMIF to find the total weight of the male members of the team. 3. In B14, use MEDIAN to find the median number of years the players have been on the team. 4. In B15, use AVERAGE to find the average number of hits made by team members. 5. In B16, use SUM to find the total number of catches made by team members. 6. In B17, use MIN to find the lowest number of fouls committed by a team member. Launch Lab Copyright (c) 2023 TestOut Corporation All rights reserved.

Answers

1. AVERAGEIF is used to calculate the average height of female team members.

2. SUMIF is used to calculate the total weight of male team members.

3. MEDIAN is used to find the median number of years on the team.

4. AVERAGE is used to calculate the average number of hits made by team members.

5. SUM is used to find the total number of catches made by team members.

6. MIN is used to find the lowest number of fouls committed by a team member.

1. To find the average height of the female members of the team, use the AVERAGEIF function:

=AVERAGEIF(G2:G9,"Female",E2:E9)

2,To find the total weight of the male members of the team, use the SUMIF function:

=SUMIF(G2:G9,"Male",F2:F9)

3. To find the median number of years the players have been on the team, use the MEDIAN function:

=MEDIAN(D2:D9)

4. To find the average number of hits made by team members, use the AVERAGE function:

=AVERAGE(H2:H9)

5. To find the total number of catches made by team members, use the SUM function:

=SUM(I2:I9)

6. To find the lowest number of fouls committed by a team member, use the MIN function:

=MIN(J2:J9)

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Read Case 3 (Pot of Gold? The US Legal Marijuana Industry), then proceed to answer the following Case Study questions. At the beginning of 2021, 35 US states and the District of Columbia had legalized the sale of marijuana for medical use and in 15 states the sale of marijuana for recreational use had been legalized. Although the production, possession, and sale of marijuana was still illegal under federal law, the investment opportunities made available by legalization had created a surge of venture capitalist interest in this emerging industry. The case describes major features of the industry including the consumption, cultivation, and distribution sides of the industry and its regulatory structure. Although each state has a different regulatory structure resulting in different competitive conditions, the case draws especially upon the situation in Colorado, Washington, and California-the first two because of the well-developed state of their legal marijuana industries, and California because of its size. of Question 2 10 pts Which parts of the industry offer the best prospects: growing, distribution, or supplies/ infrastructure? Explain your answer in detail.

Answers

The marijuana industry is comprised of three primary sectors: growing, distribution, and supplies/infrastructure. As the industry expands, investors and industry experts alike are trying to determine which sector offers the best prospects for the future.

According to industry insiders, the growing and distribution sectors currently offer the best prospects for investment. Despite the high barriers to entry, the growing sector offers the most potential for profit in the long run. While many entrepreneurs are eager to enter the market, it takes a considerable amount of capital to establish a growing operation. Additionally, it takes time to perfect cultivation techniques and develop brand recognition. Those that can overcome these hurdles stand to profit from the high demand for quality product. The distribution sector is also promising, particularly in states with strict regulations on retail sales. Distributors must ensure that products are compliant with local laws and that they are delivered to licensed retailers in a timely manner. There is also a significant amount of work that goes into ensuring quality control, testing, and packaging. Although it may not be as profitable as the growing sector, distribution is still a solid investment opportunity. The supplies and infrastructure sector is more complex and potentially less lucrative. Although it is crucial to the industry's success, there is less profit potential for suppliers than for growers or distributors. Supply companies must continually adapt to changes in the market, and there is considerable competition from established brands. Additionally, suppliers must navigate a complicated regulatory environment and provide services to a variety of customers. Although there is still money to be made in the supplies and infrastructure sector, it is a more challenging field to succeed in than growing or distribution.

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where is oregon unemployment department

Answers

The Oregon unemployment department has several offices throughout the state, including its headquarters in Salem.

The Oregon Unemployment Department, also known as the Oregon Employment Department, is the state agency responsible for managing unemployment benefits and workforce development programs in Oregon, USA.

Here are the addresses of some of the main Oregon Employment Department offices,

Headquarters: 875 Union St. NE, Salem, OR 97311

Portland Metro Workforce Office: 30 N Webster St, Portland, OR 97217

Bend Workforce Office: 1645 NE Forbes Rd., Suite 100, Bend, OR 97701

Medford Workforce Office: 119 N Oakdale Ave., Medford, OR 97501

Eugene Workforce Office: 2510 Oakmont Way, Suite 200, Eugene, OR 97401

It is recommended to visit the official website of the Oregon Employment Department for more information, including office hours and contact information for each office.

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Which of the following are factors that will effect the price of a product?
(Check all that apply)
1. The amount of advertising and communications needed to inform customers
2. The number of businesses in the channel of distribution
3. The level of customer service offered by the business
4. The quantity of a product purchased by a customer
5. Whether the product is fragile or requires special handling

Answers

The factors that will affect the price of a product are:

1.  The amount of advertising and communications needed to inform customers.

2.  The quantity of a product purchased by a customer

3.  Whether the product is fragile or requires special handling

What is Pricing?

Pricing is the process by which a company determines the price at which it will sell its products and services and can be part of the company's marketing plan.

The process of estimating the quantitative value of a product based on internal and external criteria is known as product pricing. Product price has a direct influence on your company's entire profitability, from cash flow to profit margins to client demand.

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Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000, fixed costs $90,000, and net income $30,000. Assume that Hayduke increases the selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income?

Answers

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

which best deceived the nature of cause and effect in the context of the business cycle?

A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause

Answers

The option that best describes the nature of the cause and effect in the context of the business cycle is A. Each effect has other effects.
All markets economies go through periods when consumption-spending on goods and services rises. Consumers buy more, companies invest more, and production, income, profit and employment increase. These periods are always followed by periods when investment and spending fall, and unemployment rises. This is the business cycle.

Choose a picture of a family member, a friend, or a person that you admire in business, political, sports entertainment and other industries that motivate you to achieve your dream

Answers

Mohammed Ali was a professional boxer, philanthropist, and social crusader whose passion, perseverance, and desire to be the greatest in his area motivates me.

He exemplifies self-actualization, the highest level of Maslow's Hierarchy of Needs, because he not only attained professional achievement but also used his position to promote social change and better the lives of others.

His uncompromising devotion to his ideas and tireless pursuit of greatness served as a continual reminder to never settle for mediocrity and to strive for perfection in all aspects of my life.

What is Abraham Maslow's Hierarchy of Needs Theory?

Abraham Maslow's Hierarchy of Needs Theory is a psychological theory that discusses how humans have a certain set of needs that must be addressed in order to achieve the ultimate goal of self-actualization.

Maslow's thesis is based on the idea that we are driven by our basic human needs. Furthermore, if some of our most basic requirements are not addressed, we may be unable to advance and meet our other needs. This may explain why we feel "stuck" or uninspired.

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Full question:

Choose a picture of a family member, a friend, or a person that you admire in business, politics, sports entertainment and other industries that motivate you to achieve your dream. Be creative wrth your answer. You can send your answer online or you can paste a picture inside.

Describe that person and based on Maslow's Hierarchy of Needs Theory explain how he/she motivates you and your desire to fulfil your dreams needs. Write your answer below.

Choose a picture of a family member, a friend, or a person that you admire in business, political, sports

Which is the only factor payment whose amount is uncertain? A) rent B) proft C) energy prices D) wages

Answers

The only factor payment whose amount is uncertain is profit.

Rent is a fixed payment for the use of property or land, and its amount is usually specified in a lease agreement. Energy prices can fluctuate, but they are typically determined by supply and demand in the market, and companies can hedge against price changes using various financial instruments. Wages are usually specified in employment contracts or collective bargaining agreements, and they may be adjusted periodically based on performance, seniority, or other factors.

In contrast, profit is the residual amount that remains after all expenses, including rent, wages, and energy costs, have been deducted from revenues. Profit is uncertain because it depends on many factors, including the level of demand for a company's products or services, the cost of raw materials, and the level of competition in the market. Therefore, profit is the only factor payment whose amount is uncertain.

The correct option is B) The only factor payment whose amount is uncertain is profit.

Profit is the amount of revenue that remains after subtracting all costs and expenses associated with running a business. It represents the financial gain or benefit that a business owner or investor receives for taking on the risk of operating a business.

The amount of profit that a business earns can vary widely based on a variety of factors, including market conditions, competition, consumer demand, and economic factors. This uncertainty makes profit the only factor payment whose amount is uncertain, as the other options (rent, energy prices, and wages) are typically fixed or determined by contract or other agreements.

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Mrs. Moreau was planning to have several guests at her home for a traditional Thanksgiving dinner. She had cooked Shady Brook Farms fresh turkeys in the past and had enjoyed them very much. When she went to her usual grocery store, she discovered that the store no longer carried the Shady Brook Farms brand. She called several other grocery stores and was finally able to locate Shady Brook Farms fresh turkeys at a small grocery store approximately 10 miles away. She drove to the store and bought a 20-pound Shady Brook Farms turkey, even though the price per pound was higher than what she normally paid at her usual grocery store. For Mrs. Moreau, the Shady Brook Farms turkey was a(n)

Answers

Answer:

The answer is "Specialty product".

Explanation:

In the given scenario, Specialty products are products that both these consumers constantly seek out just because of their unique characteristics or loyalty to a particular brand. They understand what they want and are willing to put in the time and effort to obtain that. It is an important set of purchasers who is willing to produce the effort to purchase it because of its unique traits or brand identification.

How much of your "gross" income should you spend on your rent and housing
expenses?
OA. One third
OB. One fifth
OC. One half.
OD. Two thirds.

Answers

As a general rule, you want to spend no more than 30 percent of your monthly gross income on housing. If you're a renter, that 30 percent includes utilities, and if you're an owner, it includes other home-ownership costs like mortgage interest, property taxes and maintenance.

Which of the following scenarios describes an advantage of a global economy?


A) A cheese company makes its products in a country with limited guidelines and standards on manufacturing.

B) A clothing company is able to save money by manufacturing its materials in areas where they are less expensive.

C) An electronics company expands to other countries and moves most jobs to areas where labor costs are low.

D) A toy company builds a new factory in a country that is undeveloped and filled with many natural environments.

Answers

I think is option B l hope it works. :)

Answer:

B. A clothing company is able to save money by manufacturing its materials in areas where they are less expensive.

Explanation:

I took the test and got this anwser.

It is also the most logical

 Hope this helps <3

Help ASAP!!!! What is the most-possible answer?

Help ASAP!!!! What is the most-possible answer?

Answers

Answer:

Community and junior colleges.

Explanation:

I don't know if im too correct but if i am, mark me brainliest?:)

Answer:

D - Collages

Explanation:

That is the only thing I know that gives degrees

To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.

Answers

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

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what are features of business environment​

Answers

Answer:

Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.

Who helped design a campaign for the american tobacco company to make smoking more publicly acceptable for women?.

Answers

The person who helped design a campaign for the American Tobacco Company to make smoking more publicly acceptable for women is Edward Bernays.

Edward Bernays was an Austrian-American public relations and propaganda pioneer who created campaigns to help various companies sell their products. He is known for creating the American Tobacco Company's campaign to make smoking more publicly acceptable for women.

Bernays called cigarettes "torches of freedom" and hired women to smoke during a parade in New York City as part of a public relations campaign.The campaign was designed to make smoking a feminist statement, portraying it as a symbol of women's independence and liberation. It was intended to break down the taboo against women smoking in public and encourage them to smoke more often.The campaign was successful, and it marked the beginning of a shift in attitudes toward women's smoking. It helped to create a culture of smoking that was embraced by women and men alike and helped to establish smoking as a socially acceptable behavior for women.

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give four basic functions of the government​

Answers

the 4 functions of government are:

1.maintain and make laws

2.raise taxes

3.protect environment

4.national defence

Answer:

listening to the citizens before making decisions .Helping in the development activities .making suitable rules and regulations for the country .Providing citizenship cards to the every citizens of the country .

hope it is helpful to you

Use the sum-of-year depreciation method to calculate the depreciation for the
following scenario. Company XYZ bought a new machine for $100,000 and
expects the machine will last for 10 years.

Answers

Answer:

20%

Explanation:

How to Calculate Straight Line Depreciation

The straight line calculation steps are:

Determine the cost of the asset.

Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount.

Determine the useful life of the asset.

Divide the sum of step (2) by the number arrived at in step (3) to get the annual depreciation amount.

Straight Line Example

Company A purchases a machine for $100,000 with an estimated salvage value of $20,000 and a useful life of 5 years.

The straight line depreciation for the machine would be calculated as follows:

Cost of the asset: $100,000

Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost

Useful life of the asset: 5 years

Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount

Therefore, Company A would depreciate the machine at the amount of $16,000 annually for 5 years.

The depreciation rate can also be calculated if the annual depreciation amount is known. The depreciation rate is the annual depreciation amount / total depreciable cost. In this case, the machine has a straight-line depreciation rate of $16,000 / $80,000 = 20%.

Use the sum-of-year depreciation method to calculate the depreciation for thefollowing scenario. Company

BSU Inc. wants to purchase a new machine for $29,300, excluding $1,500 of installation costs. The old machine was bought five years ago and had an expected economic life of 10 years without salvage value. This old machine now has a book value of $2,000, and BSU Inc. expects to sell it for that amount. The new machine would decrease operating costs by $7,000 each year of its economic life. The straight-line depreciation method would be used for the new machine, for a six-year period with no salvage value.Instructions
a. Determine the cash payback period.
b. Determine the approximate internal rate of return.
c. Assuming the company has a required rate of return of 10%, state your conclusion on whether the new machine should be purchased.

Answers

C I believe is the answer sorry if wrong

Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the Banking Services pathway of the Finance career cluster to help her do this.

A. True
B. False

Answers

This answer would be a. True

The Answer is: A. True

She would need to call someone from the Banking Services pathway of the Finance career cluster to help her.

Sarah needs to transfer money from one of her bank accounts to another. She would call someone from the

a savings account earns 7.2 (apr),compounded monthly so it earns 0.6 each month. cooper has 1500 in the accounts now if he deposits an additional 500 at the beginning of the month, how much total intrest will copper receive at the end of the month

Answers

The total interest that Copper will receive at the end of the month is 12

What is monthly compounding?

Monthly compounding means that the interest is computed every month rather than at the end of each year, in essence, the rate of interest applicable to a one-month deposit is 0.6% rather than 7.2% which is an annual interest rate

The amount deposited becomes 2000, the additional of the beginning balance and additional deposit of 500

Since 0.6% is earned on deposits, the total interest that Copper will receive at the end of the month is total deposits multiplied by monthly interest rate of 0.6%

total interest=2,000*0.6%

total interest=12.00

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Suppose that the World demand for coffee continues to rise, and the Brazilian government keeps investing in the coffee industry but also begins to spend some of its coffee revenue on the country’s non traded service sector. According to the introductory article, which of the following accurately describe the long-term outcome of the high demand for coffee on the market for medical equipment. Check all that apply.
A. The manufacturing sector continues to lose resources due to the spending effect.
B. The manufacturing sector continues to lose resources due to the resource movement effect.
C. As the supply for medical equipment adjusts, the workers begin to return to the manufacturing sector.
D. The manufacturing sector loses its international competitiveness.
E. Brazil’s dependence on coffee revenues increases.

Answers

the answer is A the manu
Final answer:

The increased demand for coffee and the Brazilian government's response likely leads to a resource movement effect and a spending effect, causing the manufacturing sector to lose resources and potentially reduce its international competitiveness.

Explanation:

Given the rise in demand for coffee, the Brazilian government's continued investment in the coffee industry would potentially lead to a resource movement effect where resources are shifted from the manufacturing sector towards the booming coffee industry. This would lead to option B: The manufacturing sector continues to lose resources due to the resource movement effect.

Simultaneously, the increased spending on the country’s non-traded service sector would cause a spending effect, further diverting resources from the manufacturing sector, hence option A: The manufacturing sector continues to lose resources due to the spending effect, is valid.

Consequently, suc  shift in resource allocation could underminethethe manufacturingg sector's  sector'scompetitivenessr on the global stage, validating option D: The manufacturing sector loses its international competitiveness. However, linking this effect directly with the market for medical equipment requires additional specific factorsor assumptionss thath are not provided in the question.

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