Answer:
False
Explanation:
Rather, gain or loss on the sale of an asset can be calculated as the difference between sale price and net book value (NBV).
The net book value can be calculated by accumulated depreciation from the purcahse price of the assets.
Therefore, gain or loss on the sale of an asset can be calculated using the following fomula:
Gain (loss) on the sale of an asset = Sales price - Net book value
Answer:
Mark's individual consumer surplus is $10.
Explanation:
Mark and Rasheed are at the bookstore buying new calculators for the semester.
Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.
The price for a calculator at the bookstore is $65.
The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.
Mark's individual consumer surplus
= Price mark was willing to pay - Price he actually has to pay
= $75 - $65
= $10
Answer:
Though its not explicity mentioned in the question, I am assuming you want to know the correct option. The correct option in this case is option 2.
Explanation:
As stated in the question, the difference in classifying goals as either long term, short term or intermediate depends on the time frame involved.
Short term goals can be achieved in a few months generally and are set to define goals with the time horizon of a maximum of 1 year.
A long term goal, as the term suggests, is one that takes a significant amount of time. Generally, long term goals are set using a time frame of 10 years.
Given that long term goals cover a longer time period while a short term goal covers a span of 1 year, individuals many times set intermediate goals to keep them motivated. Intermediate goals therefore generally cover a time frame of 2 to 5 years.
Therefore, in the context of the question, these three types of goals can take from 1 to 10 years to accomplish
Answer: E) Both answers B and D are correct.
Explanation:
Inflation using the Consumer Price Index is calculated by;
= (CPI in current year - CPI in previous year) / CPI in previous year
Year 2 Inflation = (100 - 90) / 90
= 11%
Year 3 Inflation = (110 - 100) / 100
= 10%
Answer:
<u>Russian.</u>
Explanation:
This is a purely cultural question. Some countries like Brazil, Spain, Italy, Egypt and Russia have a culture focused on communication and expression of true emotions. People are encouraged to express their thoughts and feelings more consistently so that their personality is unobtrusive, which means that such individuals have more dramatic and nonverbal language in communication, greater spontaneity and excitement.
