Answer:
the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively
Explanation:
The computation of the nominal wage rate in 2005 and in 2006 is shown below:
For the year 2005
= $8.18 × $195.3 ÷ 100
= 15.98
And, for the year 2006
= $8.24 × 201.60 ÷ 100
= 16.61
In this way it should be calculated
hence, the nominal wage rate in 2005 and in 2006 is 15.98 and 16.61 respectively
Answer:
Average fixed cost= $1.43
Explanation:
Giving the following information:
Production costs:
Rent= $5,000
Direct labor= $2,500
Direct material= $5,000
Usually, the direct labor cost is variable. In some conditions, it is a fixed cost. <u>We will consider it as a variable cost.</u>
Total fixed cost= 5,000
Average fixed cost= 5,000/3,500
Average fixed cost= $1.43
Answer:
B) $4,000
Explanation:
The computation is shown below
As the QBI deduction can be less of
20% of Qualified business income
OR
20% of net capital gain
So the 20% of qualified business income is
= $20,000 × 20%
= $4,000
And, the 20% of Net capital gain is
= ($65,000 - $10,000) × 20%
= $11,000
So, the lesser amount between $4,000 and $11,000 is $4,000
To own a electrical business
<u>Answer:</u> The investment that should be made is $14612.2
<u>Explanation:</u>
To calculate the principle amount, for the interest compounded monthly follows:

A = Amount after time period 'T' = $25,000
P = Principal amount = ?
R = rate of interest = 2.15 % = 0.0215
n = Number of times interest applied per time period = 12 ( 1 year = 12 months)
T = time period = 25 years
Putting values in above equation, we get:

Hence, the investment that should be made is $14612.2