Ask question

Ask question

All categories

3 years ago

12

The original cost of a product is 75$. Inflation for the first year is 8 percent; for the second year, inflation is 10 percent.

What is the cost of the product at the end of the second year?

1 answer:

jonny [76]3 years ago

4 0

Answer:

Answer 25 questions from an A,B

Explanation:

You might be interested in

A balance sheet that displays assets and liabilities into current versus noncurrent categories is commonly called a:________a) c

Semenov [28]

Answer:

c) classified balance sheet.

Explanation:

A classified balance sheet can be described as a balance sheet in which the information about assets, liabilities, and shareholders' equity of a company is presented by aggregating or classifying it into subcategories of accounts.

The advantage of a classified balance sheet is that it easier to read and it makes it easier for readers to obtain required information than when the information is just presented in a large number of line items.

The classifications mostly used within a classified balance sheet include Intangible assets, fixed assets (or Property, Plant, and Equipment), current assets, current liabilities, long-term liabilities, and shareholders' equity.

In accounting, the addition of these classifications is required to match the accounting equation stated as follows:

Total assets = Total liabilities + Shareholders' Equity

4 0

3 years ago

Business sofware programs make it possible to

Leto [7]

Answer:

increase productivity in office setting

4 0

3 years ago

The value-added is:

kondor19780726 [428]

Answer:

The correct answer is letter "C": sales minus costs of intermediate goods.

Explanation:

Value Added is used to describe the extra something a company does to a product that makes it worth more than the cost of its underlying parts. For economists, value-added is the <em>difference between the gross revenue for an industry</em> (sales) <em>and the sum of the labor, materials, and services </em>(intermediate goods) <em>purchased to produce the goods that generated the revenue.</em>

8 0

3 years ago

The consumer price index was 200 in 2008 and 190 in 2009. The nominal interest rate during this period was 4.5 percent. What was

leva [86]

Answer:

the real interest rate is 9.5%

Explanation:

The computation of the real interest rate is shown below:

But before that inflation rate need to be determined

Inflation rate is

= [CPI this year - CPIlast year] ÷ CPI last year

= {(190 - 200) ÷ 200} × 100

= -0.05 × 100

i = -5%

Now the real interest rate is

real interest rate = nominal interest rate - inflation rate

= 4.5% - (- 5%)

= 9.5%

Hence, the real interest rate is 9.5%

3 0

2 years ago

Jill Green has w-2 wages of $165,000. Her employer withheld medicare taxes at 1.45% of her W-2 amount. Her husband, Bill Green,

Xelga [282]

Answer:

Jill Green and Bill Green

The additional high wage surtax for the joint filers is

$108.

Explanation:

Medicare tax rate = 1.45%

Surtax rate = 0.9%

Jill Green's w-2 wages = $165,000

Bill Green's w-2 wages = 97,000

W-2 wages for couple = $262,000

Threshold for joint filers = 250,000

Excess w-2 wages = $12,000

Additional high wage surtax = $12,000 * 0.9% = $108

b) Jill and Bill Green, who are filing jointly, are expected to pay an additional Medicare tax of 0.9% on their W-2 income in excess of $250,000. The Additional Medicare Tax (AMT) on Wages is imposed on employees only. Employers match the regular Medicare tax of 1.45%. Medicare wages are reported on Form W-2 and are usually based on an employee's total wages for the year less certain benefit deductions, such as medical and dental insurance premiums, health savings accounts, and contributions to dependent care flexible spending arrangements.

3 0

3 years ago