Answer: remains in the water cycle and can be cleaned for future water usages.
Explanation:
Water never really leaves the earth as it just renters the water cycle where it can be cleaned and used fir future demand.
The water that was used to water the plants, will be lost to the atmosphere through evapotranspiration where it will condense and fall back as rain eventually.
The water the cattle drank will come back into the water cycle as urine and sweat where it can then be cleaned and used again for future demand. For instance, we are still drinking water that was drunk by dinosaurs.
Answer:
A. Disposable income
B. Marginal Propensity to Consume
C. Change in Disposable Income by the Marginal Propensity to Consume.
Explanation:
The consumption will increase by $800
Explanation:
The consumption function shows the relationship between consumption spending and disposable income.
The slope of the consumption function is the marginal propensity to consume.
Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.
GIVEN that: MPC = 0.60
Disposable income increases by $1,500
consumption increase = 0.60*$1500
= $900
Therefore, The consumption will increase by $900.
Answer:
Consider the following analysis.
Explanation:
<em>Journal Entries
</em>
- Income tax expense.............$4,0000,000
- Deferred tax liability (10 million - 7 million )*40%........$1,200,00
- Income tax payable (7 million * 40% )................$2,800,000
Using decimals is 4.0, 1.2, and 2.8.
Answer:
$298,206
Explanation:
The computation of the Net present value is shown below
= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment
where,
The Initial investment is $1,500,000
All yearly cash flows would be
= Annual net operating cash inflows × PVIFA for 20 years at 17%
= $319,522 × 5.6278
= $1,798,206
Refer to the PVIFA table
Now put these values to the above formula
So, the value would equal to
= $1,798,206 - $1,500,000
= $298,206
Answer: The actual cost of materials was less than the standard cost
Explanation:
Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance
= 380 + (-120 unfavorable)
= 380 - 120
= $260 favorable
<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>