Answer:
Please find the complete solution in the attached file.
Explanation:
<span>Basis of the given information for an economy in 2016.
Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion
Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion
Gross output for this economy in 2016 equals $260 billion.</span>
The three most frequent misconceptions are that net income equals cash, net income excludes estimates, and net income reports all changes in value that occurred during the accounting period.
One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The income statement, which is often referred to as the profit and loss (P&L) statement or the statement of revenue and expense, primarily focuses on the company's revenue and expenses over a specific time period. Understanding how to study an income statement is the greatest approach to evaluate a business and choose whether or not to invest.
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Answer:
It will take 10 years and 197 days.
Explanation:
Giving the following information:
You invest $180 in a mutual fund today that pays 6.80 percent interest annually.
To calculate the time required to double the money, we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
n= [ln(360/180)] / ln(1.068)
n= 10.54
To be more accurate:
0.54*365= 197
It will take 10 years and 197 days.
I would say that wedgemans is trying to meet employees needs for development of their knowledge and for in this case the privilege of going to learn about the types of cheeses and perhaps their making in another country which is an additional benefit and which will most likely encourage the employees to work more effectively and with more interest in their work.
