Answer:
23.33%
Explanation:
Data provided in the question
Net sales in one year = $750,000
And, the next year net sales = $925,000
So by considering the above information, the percentage change in using horizontal analysis is
= Difference in amount ÷ Net sales in one year
= ($925,000 - $750,000) ÷ ($750,000)
= ($175,000) ÷ ($750,000)
= 23.33%
Answer:
Even Nobel economists refer to roads as “important examples of production of public goods,” ( Samuelson and Nordhaus 1985: 48-49). ... If a road is not congested, then one person's use does not effect anyone else. In this case, use is not rival in consumption, and the road is a public good.
Explanation:
Answer:
When interest rate rises, the quantity of money demanded reduces
Explanation:
As interest rate increases firms seeking to borrow money for capital stock expansion are likely not going to go ahead with it. The reason is simply because, interest rate and money demanded have an inverse relationship. As interest rate rises money demanded falls because it means that for any amount of money borrowed the interest rate attached to it is higher making the cost of borrowing heavier on the borrower.
Answer:
Loss of $200,000
Explanation:
Cost of Crane: $5,000,000
Accumulated Depreciation: 4,200,000
Difference 800,000
Sale of Crane 600,000
LOSS 200,000
This would be a loss because Hamilton did not receive enough cash on the sale of the crane to cover its initial cost for the crane. Since we do not have a salvage value listed, this answer is based on the assumption that the salvage value of the crane is $800,000. (Gain or loss is calculated by determining if the cash received on the sale of the item - in this case, the crane - is more (gain), less (loss), or equal (equal) to the salvage value. Based on the assumption that the salvage value is the remaining $800,000, this would mean a loss to Hamilton since they only received $600,000 for the sale of the crane).
B.) noun, a person's behavior in a particular situation