Answer:
A. A local coffeehouse where people regularly buy and sell financial instruments.
Explanation:
A local coffeehouse where people regularly buy and sell financial instruments is an example of a financial market because by definition a financial market is a place where people buy and sell financial securities and derivatives at minimal transaction costs.
Although in the scenario above it is strange that the location is a coffee shop, however, what is actually essential is the fact that the activities that defines a financial market is taking place therein.
Answer:
C. Rapid rises in price levels made the Zimbabwean dollar near worthless in terms of purchasing power.
Explanation:
As in the given situation it is mentioned that 10 year old boy has the bill of billion dollar this represented that the country really printed the bill of billion dollar. It means that the attempt is to be done in order to print a currenct note of higher denomination that also represent that the country would increased such level also at the same time a big amount is required to purchased the goods and services.
Also the high denomination values would not consist of actual value as they have purchasing power i.e. negligible
Answer:
Sell now, the company will be better off by $25,200
Explanation:
The effect of the action of shown below:-
Profits if sold now = Product Pound A × Sold pound
= 36,000 pounds × $8
= $288,000
If processed further Profits
= (36,000 x $14) - $241,200
= $262,800
Selling product A now = Profits if sold now - Further Profits
= $288,000 - $262,800
= $25,200
Sales grow before any new fixed assets are needed is $156,480.
Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.
currently operating = 94 percent
current sales = $740,000
Full capacity sales = current sales/ Current capacity utilisation
= 500000/0.94
= $531,914.89
Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales
= 400000/531914.89
= 0.752
Total Fixed assets Needed for New Sales = 74000*0.752
= 556480
Additional Fixed Assets needed = 556480 - 400000
= $156,480 answer.
Learn more about fixed assets here:-brainly.com/question/25746199
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Answer:
$42,240
Explanation:
The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;
But before that the depreciation rate is
= 1 ÷ 5 × 2
= 40%
For the first year, the depreciation expense is
= $66,000 × 40%
= $26,400
Now for the 2019, the depreciation expense is
= ($66,000 - $26,400) × 40%
= $15,840
Now the accumulated depreciation is
= $26,400 + $15,840
= $42,240
