Answer: The relationship between A and B project cannot be determined with the information given.
Explanation: The relationship between PW(A) and PW(B) is the correlation between project A and Project B in a portfolio.
This is not possible to be calculated with the information given.
But an expression of calculating this is;
PW is the present value of A and B projects.
MARR is the minimum acceptable rate of return
The calculate the correlation of the two project, divide MARR by the multiple of the two project.
That is;
Correlation = MARR ÷ [PW(A) × PW(B)]
Therefore;
Correlation = i11% ÷ [PW(A) × PW(B)]
This shows that the relationship cannot be determined with the limited Information supplied.
Answer:
They dont earn no more than $28,000 a year
Auto Loan - installment, secured, fixed
Credit Cards - installment, unsecured, CBE
Mortgage - installment, secured, variable
Payday loan - CBE, secured, and CBE
Personal loan - installment, unsecured, CBE
Small businesses - CBE, unsecured, CBE
Student loan - installment, unsecured, CBE
I believe that’s right. I’m so sorry if it isn’t.
I think the answer is either a or c
Answer: Depreciation expense for 2021 = $825
Depreciation expense for 2022 =$3, 300
Explanation:
Using Straight line depreciation
We have that our Annual depreciation= Purchase price - salvage value / useful life.
$22,500 - $2,700 / 6
=19,800/6
$3, 300
Depreciation expense for 2021 ( from October to December )
$3,300 x 3/ 12= $9,900/12
=$825
Depreciation expense for 2022 ( From January to December)
Annual Depreciation = $3,300