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3 years ago

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The Johnsons are purchasing their first family vehicle, a used 2012 Honda Odyssey, for $15,000. If they plan to save for the nex

t 2 years (24 months), how much will they need to save each month?

1 answer:

V125BC [204]3 years ago

4 0

Answer:

15000÷24 = 625 this is the answer

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Consider the following: Farmer Smith bought seed and fertilizer for $100. He grew wheat that he sold to the Wander Bread Company

Rom4ik [11]

As per the given case, the amount that is added to GDP is $350.

<h3>What do you mean by GDP?</h3>

GDP refers to the measure of all final goods and services that have been bought by the final user produced in the country.

As per the given case, Farmer smith bought seed and fertilizer for $100. He grew wheat that he sold to the wander bread company. Consumers bought the bread from the grocery for $350. Therefore, it was added to the GDP.

So, $350 was added to the GDP.

Learn more about GDP here:

brainly.com/question/15682765

#SPJ1

3 0

2 years ago

Solving for dominant strategies and the Nash equilibrium

Svetach [21]

Question Completion:

Matrix payoff:

Sharon

Left Right

Paolo Left 8, 3 4, 4

Right 5, 3 5, 4

Answer:

The only dominant strategy in this game is for ___Paolo______ to choose ____Right______.

The outcome reflecting the unique Nash equilibrium in this game is as follows: Paolo chooses ____Right______ and Sharon chooses __ Right_____.

Explanation:

a) Paolo's dominant strategy is the strategy that always provides the greater utility to Paolo, no matter what Sharon's strategy is. In this case, the dominant strategy for Paolo is to choose RIGHT always.

b) The Nash Equilibrium concept determines the optimal solution in a non-cooperative game in which each player (e.g. Paolo and Sharon) lacks any incentive to change their initial strategies. This implies that each player can achieve their desired outcomes by not deviating from their initial strategies since each player's strategy is optimal when considering the decisions of the other player.

3 0

3 years ago

10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.

sashaice [31]

Answer:

$250,000 and $500,000

Explanation:

According to the tax laws there is annual limit on Loss deductions relating the amount of business loss that can be deducted in a year.

The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.

Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000

6 0

3 years ago

During 2017, Windsor Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Windsor’s

Illusion [34]

Answer:

Description 2017 2016 2015

Net Income $146,402‬ $107,281‬ $123,114‬

Explanation:

The question is to compute a statement of income comparative figures. The step is therefore to use the weighted average pricing method to replace the historical income before taxes for both years 2016 and 2015. After this is done, we then re-calculate the appropriate taxes and arrive at the net income.

Description 2017 2016 2015

Income before taxes 206,200 151,100 173,400

Subtract: Income tax @29% 59,798‬ 43,819‬ 50,286‬

Net Income 146,402‬ 107,281‬ 123,114‬

5 0

4 years ago

Marks Corporation's balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cas

Vinvika [58]

Answer:

<u>statement of cash flows using the indirect method.</u>

Cash Flow from Operating Activities

Net income for the year was $77

Adjustment of Non-Cash Items :

Depreciation $40

Adjustment for Working Capital items:

Decrease in Accounts receivable $4

Increase in Inventory ($3)

Increase in Accounts Payable $2

Net Cash From Operating Activities $120

Cash Flow from Investing Activities

Purchases of Property, plant, and equipment ($108)

Net Cash used in Investing Activities ($108)

Cash Flow from Financing Activities

Proceeds from Common Stock Issue $1

Dividends Paid ($13)

Net Cash used in Financing Activities ($12)

Net Cash Inflow/(Outflow) during the period $10

Cash and Cash Equivalents at Beginning of the Period $37

Cash and Cash Equivalents at End of the Period $47

Explanation:

<u>Show the Movement of Cash in the 3 categories of </u>

Cash flow from Operating Activities
Cash flow from Investing Activities
Cash flow from Financing Activities

3 0

3 years ago