Answer:
The answer is given below;
Explanation:
a. Depletion Expense for the year ($7,500,000/600,000)*100,000=$1,250,000
b. The net income and as a results retained earnings will be reduced $1,250,000
c. The mineral rights will be reported at $7,500,000-$1,250,000 =$6,250,000
Answer:
<em>c. gross rent multiplier approach
</em>
Explanation:
Gross Rent Multiplier (GRM) is the cost ratio of an investment in immovable property to its annual rental income before paying for costs such as property taxes, insurance and utilities. It is the number of years that the estate will take to pay itself in gross rent.
<em>Simply multiply the Gross Rent Multiplier (GRM) by the gross rents of the property to calculate the value of a commercial property using the Gross Rent Multiplier valuation approach.</em>
Divide the selling price or value of an estate by the gross rents of the land of the subject to determine the Gross Rent Multiplier.
Answer:
The weekly revenue is maximum at x=1.67.
Explanation:
The given function is
.... (1)
where, f(x) is the total revenue at price x.
We need to find the price x at which the weekly revenue is maximum.
The leading coefficient of the given function is -300, which is a negative number. So, it is a downward parabola and vertex of a downward parabola is the the point of maxima.
If a parabola is defined as
... (2)
then the vertex of the function is
From (1) and (2) it is clear that
The given function is maximum at
Therefore the weekly revenue is maximum at x=1.67.
Answer:
$67.1 million
Explanation:
Given that,
Projected benefit obligation at the beginning of 2021 = $51 million
Service cost = $18 million
Retiree benefits = $7 million
Projected benefit obligation at December 31, 2021:
= Beginning of 2021 + Service cost + Interest cost - Retiree benefits
= $51 million + $18 million + (10% × $51 million) - $7 million
= $51 million + $18 million + $5.1 million - $7 million
= $67.1 million
Answer:
B. Offset shifts in aggregate demand and thereby stabilize the economy.
Explanation:
Firstly about Fiscal Policy:
-Monitoring and influence of government to national economy by adjusting its spending levels and tax rates
-Based on the Keynesian economics which opines that the increasing or decreasing taxes or the same about public spending will impact significantly on the economy of the country.
-Fiscal Policy is the regulator of the inflation rate (2%-3% is normal for every economy) and in turn, this increase the rate of employment
Secondly about Monetary Policy:
- In most countries, central banks or central boards take the actions of plan about controlling process of the money in the country or money supplying estimations.
-Monetary policy is the management of money supply or the interest rates
-Monetary policy is the controlling of inflation, consumption, growth and liquidity of money
The mutual goals of these policies aim to establish and construct the perfect economic environment with the stable and positive growth of economy and, stable and low inflation rates. Moreover, the aim is the elimination of booms or fluctuations on the economy and to keep it stable as possible as.
