Answer: 19.8%
Explanation:
Interest rate = 12%
Inflation rate = 7%
Market Interest rate will be:
= 12% + 7% + 12%(7%)
= 0.12 + 0.07 + 0.12(0.07)
= 0.12 + 0.07 + 0.0084
= 0.1984
= 19.84%
Therefore, the market interest rate per year is closest to 19.8%
A small office is usually found in a smaller organization as for a bigger office is used for more high in people and company’s
Answer:
<em><u>Accounting result</u></em>
revenues 723,000
cost <u> (690,000) </u>
income 33,000
<em><u>Economic result</u></em>
Accounting income 33,000
opportunity cost rent: (2,000)
opportunity cost wages:<u> (20,000) </u>
economic profit 11.000
Explanation:
The accounting will consider only the explicit cost whch are therevenues and expenses incurred during the period, In the other hand, the economist approach will also cosider the renounce utility of the factor in this case, the 2,000 for renting and 20,000 for working somewhere else.
It should be noted that the statements which includes a line described as net income is income statement .
<h3>What is an income statement ?</h3>
An income statement can be regarded as the financial statement which display company's income and expenditures.
This statement can display how the company is performing, whether it's making profit or loss for a given period.
Learn more about income statement at:
brainly.com/question/1305349