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1 year ago

Importance of economic growth

Business

1 answer:

svlad2 [7]1 year ago

8 0

Answer:

Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. In turn, increasing employment has been crucial in delivering higher growth.

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ACME labs bought a new inspection device for $182,730. The accounting department has estimated that the device will have an annu

enyata [817]

Answer:

salvage value is $16,368.34

Explanation:

given data

initial cost = $182,730

annualized capital cost = $42,442

service life = 7 year

interest rate = 15%

solution

we get here first present value that is

annual value = rate × $\frac{present\ value}{(1 - (1+ r)^{-t})}$ .................1

put here value and we get

42,442 = 15% × $\frac{present\ value}{(1 - (1+ 0.15)^{-7})}$

solve it we get

present value = $176,576.5343

present value = initial investment + salvage value ..............2

we take here present value and initial investment will be negative

-176,576.5343 = -182,730 + salvage value(p/f,15%,7)

-176,576.5343 +182,730 = salvage value(p/f,15%,7)

6,153.465 = salvage value × 0.3759

salvage value = 16,368.34

3 0

2 years ago

There are two ways of calculating present and future values when there are multiple cash flows. Both approaches are straightforw

Vsevolod [243]

Answer:

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Explanation:

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3 0

2 years ago

The government increases taxes. What might be a reason for this change in fiscal policy?

Crank

A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.

8 0

3 years ago

Read 2 more answers

Ajax Computer Company is an accrual-method calendar-year taxpayer. Ajax has never advertised in the national media prior to this

SOVA2 [1]

Answer: No deduction can be claimed this year.

Explanation:

The options to the question are:

a. No deduction can be claimed this year.

b. $5.50 million

c. $2,500,000

d. $5.50 million only if the professional golf tournament is played before April 15.

Answer:

Since Ajax Computer company is an accrual method calender-year tax payer, the computer company would recognize the expenses only when such expenses are incurred and not at the time that cash is being paid for the the expenses

Ajax computer company already paid in advance for both advertisements the following year even though the advertisement eanst taking place that year. Therefore, the payments will not be considered to be an expense until advertisements has actually taken place. Because of this, Ajax cannot deduct the amounts paid for the advertisements next year and hence, no deduction will be claimed this year.

4 0

2 years ago

Category specialists are also called category ______ because of their ability to offer a complete assortment in a category at so

Mademuasel [1]

Answer:

are also called Category Killers

Explanation:

Category killers are retailers that diligently executes deep product assessment within a given category through selection, pricing, and market penetration.

8 0

2 years ago

Importance of economic growth​

Importance of economic growth