The correct answer is C. remains constant
If production costs for both are equal, then it is completely the same what the demand is great for, since the cost will always be the same for them. If people want 3 cars and 2 trucks, it will be the same as if they wanted 4 trucks and 1 car.
Answer:
The answer is C. interest earned
Explanation:
Cash inflow is the money going into the business while cash out is the money going out of the business.
Car payment is an outflow. Money is going out to acquire a car.
Insurance premium is an outflow. Money is going out by purchasing an insurance package.
Mortgage payment is also an outflow.
Only interest earn is an inflow. Money is coming maybe from an investment that has happened in the past.
The annual interest of 9 % after 2 years is $ 1435.70 and after 2.5 year $ 1501.53.
The annual interest fee refers to the charge this is carried out over a length of 365 days. hobby costs can be applied over one-of-a-kind periods, together with monthly, quarterly, or bi-annually. but, in maximum cases, hobby quotes are annualized.
APY calculates that fee earned in 12 months if the interest is compounded and is a greater correct illustration of the actual charge of going back. APR consists of any costs or additional charges related to the transaction, but it does not remember the compounding of the hobby inside a selected 12 months.
Calculation:
First, converting R percent to r a decimal
r = R/100 = 9%/100 = 0.09 per year.
per month = 0.0075
PV = $1200
rate APR = 9/12 = 0.75 /100
= 0.0075
Period 24 months = 1435.70
Period 30 months = 1501.53
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Answer: (a) $1,350,000
(b) $200,000
Explanation:
(a) Accrual gross receipts = Cash receipts + Accounts receivables from customers in 2019 - Collected accounts receivables - proceeds of bank loans
= $1,400,000 + $250,000 - $200,000 - $100,000
= $1,350,000
(b) Cost of goods sold under accrual method:
= Opening stock + purchases - closing stock
= $1,300,000 + $150,000 - $300,000
= $1,150,000
Gross profit = Gross receipts - cost of goods sold
= $1,350,000 - $1,150,000
= $200,000
Answer:
Her personal savings rate is 25%
Explanation:
The formula to compute the personal saving rate is shown below:
= (Earning amount ÷ Net income amount)
where,
Earning amount or saving amount is $68,000
And, the net income or current income equal to
= Earnings - taxes
= $68,000 - $16,000
= $52,000
Now put these values to the above formula
So, the value would equal to
= $13,000 ÷ $52,000
= 0.25 or 25%