Answer: 15.35%
Explanation:
The total nominal return over the two years if inflation is 2.4% in the first year and 4.4% in the second year will be calculated thus:
= (1+Interest rate)² -1
= (1 + 7.4%) - 1
= (1 + 0.074)² - 1
= 1.074² - 1
= 1.153476 - 1
= 0.153476
= 15.35% over the two years
Answer:
John is correct but Lynn isn't
Explanation:
John is correct because he left his coat with the coatroom attendant under the premise that it would be properly looked after and returned to him when he was done having lunch at the restaurant. However, Lynn just left her coat lying around under no ones care or supervision, there wasn't a predetermined agreement that anyone would be responsible for watching it on her behalf, therefore I don't think she is has the right to sue.
Answer:
The answer is D. All of the above are plausible
Explanation:
A. Opportunity costs are relatively low is reasonable because as football game is taking place, most of the local people will go to the field to enjoy the field rather than spending their time at local shops/restaurants. Moreover, there are not many people from other towns visiting these facilities because of far distance.
B. is reasonable because it is high school football not professional football so the expenses spent on watching the game is low.
C. is is plausible because these towns are quite remote so watching their young neighbors/relatives playing may be one of the few entertainment choices available to them in weekend.
=> So, the answer is D.
Answer:
e) Online direct marketing allows sellers to create immediate, timely, and personal offers.
Explanation:
The use of the internet has facilitated the increase in marketing. It is very easy to reach to the customers and approach them in a very affordable way. The target audience can be reached quickly through online direct marketing. Also, there are several ways by which the customers can be reached in limited time duration.
Answer:
Cost recorded for this machine = $14,240
Explanation:
Particulars Amount
Invoice Price $12,500
Less: Cash Discount <u>$250</u> (12,500*2%)
Net Purchase Price $12,250
Add: Transportation Costs $360
Add: Power Connections $895
Add: Assemble Cost $475
Add: Material used $40
Add: Repair $180
Add: Material used in adjusting <u>$40 </u>
Amount to be capitalized <u>$14,240 </u>
Note: <em>The repair cost is included because it is incurred before machine is put in operation.</em>
