Answer:
The correct answer is $132,664.89.
Explanation:
According to the scenario, the given data are as follows:
Present value (PV) = $50,000
Rate of interest (r) = 5%
Time period (n) = 20 Years
So, we can calculate future value by using following formula:
Future value = PV × (1 + r)^(n)
= $50000 × ( 1 + 5% )^20
= $50000 × (1 + 0.05)^20
= $132,664.89
Hence, After 20 years land will be worth $132,664.89.
Answer:Gross is before taxes are deducted and Net is after taxes are deducted.
Explanation:
Answer:
Activity Cost Pools Est. Overhead Est. Use Rate Per
Designing $452,925 $13,500 $33.55 Designer hours
Sizing and cutting $4,250,150 $167,000 $25.45 Machine hours
Stitching & trimming $1,400,525 $75,500 $18.55 Labor hours
Wrapping & packing $339,450 $31,000 $10.95 Finished units
Answer is in a photo. I can only upload it to a file hosting service. link below!
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Answer:
D. HUMAN CAPITAL
Explanation:
Factors of Production are the resources/ inputs used to produce final finished goods output.
There are 4 factors of production:
- Land - is paid 'rent' as factor income
- Labour - is paid 'wages' as factor income
- Capital (Money) - is paid 'return on investment' i.e 'interest' as factor income
- Entrepreneur (Entrepreneurship) - is paid reward as 'profit'.
Labour & Human Capital seeming to be synonyms are different :- 'Human Capital' is the stock of knowledge & skills embodied in 'labour', enabling them to perform tasks of economic value. Firms invest in human capital i.e knowledge/skill enhancement of factor of production 'labour'.
So, Labour and <u>not</u> HUMAN CAPITAL is a factor of production.