When the government sets a price for wheat that is above the equilibrium price, it is imposing a PRICE CEILING.
Answer:
The correct answer is: fell making the interest rate fall.
Explanation:
The preference for liquidity is a recurring expression in the study of economics, especially important in Keynesian theory and that assumes that people consider it better to have their savings in liquid form, that is, as money.
This concept, which is very recurrent in macroeconomics, assumes the existence of an outstanding trend in human and rational behavior through which individuals prefer to have their assets accessible and liquid compared to other possibilities. Originally, the definition of liquidity preference was coined by Keynes when explaining the concept of monetary demand and its mode of action.
This theory suggests that there is a direct relationship between interest rates or rates and people's preferences in terms of liquidity, because both maintaining money effectively and not doing so entail certain costs for these. In other words, saving money can translate into financial gains.
Answer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
Interest income $625
Note receivable from customer $15,000
Explanation:
The following journal entry shall be booked by the Louvers, Inc. in its accounts as at November 27 in respect of note from customer:
November 27 Debit Credit
Bank $15,750
(15,000+15,000*10%*180/360)
Accrued interest income $125
(Interest receivable recorded at June 30)
Interest income $625
(Interest income from June 30 to November 27)
Note receivable from customer $15,000
To calculate Sandra's overtime earnings, you will need to find how many overtime hours Sandra worked and then calculate the amount per hour she will make for the hours over 40 she worked through Saturday.
You will calculate her earnings per hour on Sunday by doubling her per hour rate and then multiplying by the number of hours worked on Sunday.
1. M - F (9 x 5 = 45 hours), so 5 hours overtime and Saturday - is 6 hours (6 + 5 = 11 hours overtime through Sat).
2. $12 x 1.5 = $18 per hour overtime rate; 18 x 11 = $198 through Sat.
3. Sunday: $12 x 2 = $24 per hour; $24 x 4 = $96 on Sun.
4. $198 + $96 = $294
Sandra earned $294 in overtime.
Answer:
a-1. NPV for the project is $8,381,576.17
a-2. A. Yes. Accept the Project.
b. 40.84 % and 40.84 %
Explanation:
The Net Present Value can be determined using a Financial Calculator as follows :
-38,600,000 CFj
62,600,000 CFj
- 11,600,000 CFj
11 % I/YR
Shift NPV $8,381,576.17
A Company should accept projects that have a positive Net Present Value.Therefore, Accept this project.
Calculation of the Internal Rate of Return using a Financial Calculator :
-38,600,000 CFj
62,600,000 CFj
- 11,600,000 CFj
Shift IRR 40.84 %