One of the wealthiest self-made women in the world is cheung yan in china. she runs one of asia's largest packaging and paper production firms and has a personal fortune of 1.46 billion. she is one of the new breed of super-rich entrepreneurs in the country which in 2016, had a read gdp per head of $15400 (ppp) in comparison to $42,000 in the uk. in that yearn china the disposable income of the top 10% of richest households was more than nine times higher than that of the poorest 10%. what is ppp? are people in china poorer than in uk? is income evenly distributed in china? explain your answer.

What is one of the best ways to determine what kind of business you'll enjoy

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)