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SashulF [63]
3 years ago
8

25-Which of the following is the BEST indicator of the economic​ well-being of the average​ citizen?

Business
2 answers:
tatiyna3 years ago
8 0

Answer:

The correct answer would be A, CPI.

Explanation:

CPI stands for Consumer Price Index. Consumer price index is the aggregate of the indicators that determine the overall condition of the common citizen. There are indicators through which we can analyze the situation of a citizen in a country, like the prices of petroleum, prices of gasoline, prices of transportation, prices of food items, prices of medical care, etc. When the prices of such items are high, then it is assessed that the living of citizens is costly. Such indicators combine to form an index. An index consists of indicators like Prices of Transportation, Prices of Food Items, Prices of Medical Care, etc, is called as Consumer Price Index, which determines the living cost of an average citizen in a country.  

Leviafan [203]3 years ago
7 0
The answer is D,norminal GDP
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Last month your average daily rate was $76.99, and you had 2,932 rooms occupied. You want to know how this compares to the same
poizon [28]

Answer:

85 less rooms this year than last

Explanation:

The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):

n=\frac{\$231,470}{\$76.72}\\n=3,017\\

The number of rooms occupied last year is larger than the number of rooms occupied this year by:

\Delta n = 3,017-2,932\\\Delta n = 85\ rooms

The hotel occupied 85 less rooms this year than last.

7 0
3 years ago
At the beginning of 2017, Miyazaki Company's Accounts Receivable balance was $105,000, and the balance in Allowance for Doubtful
madam [21]

Answer:

Miyazaki Company

a. Analysis of transactions:

Sales in 2017 = $787,500

Credit Sales = $630,000 (80% of $787,500)

Total collections on account = $502,500

Uncollectibles written off =   $3,000

Unpaid balance for the year = $229,500 ($105,000 + $124,500)

b. a) Bad Debt Expense = $18,900

   b) Bad Debt Expense = $14,820

c. Net Realizable Value of Accounts Receivable on December 31:

                                                             a)                      b)

Unpaid balance for the year       $229,500      $229,500

Allowance for doubtful accounts    (18,900)          (14,820)

Net Realizable Value =                $210,600        $214,680

d. The recognition of bad debts expense does not have any direct effect on the net realizable value.  It is the Allowance for doubtful accounts that has a negative effect on the net realizable value.

The write-off of accounts reduces the net realizable value by $3,000.

Explanation:

a) Data and Calculations:

Beginning balances:

Accounts receivable = $105,000

Allowance for Doubtful Accounts = $1,950

Sales in 2017 = $787,500

Credit Sales = $630,000 (80% of $787,500)

Total collections on account = $502,500

Uncollectibles written off =   $3,000

Unpaid balance for the year = $229,500 ($105,000 + $124,500)

Bad Debts Expense = $18,900 ($630,000 * 3%)

Allowance for Uncollectibles = $13,770 ($229,500 * 6%)

a) Allowance for Doubtful Accounts:

Account Titles               Debit        Credit

Beginning balance                        $1,950

Accounts receivable  $3,000

Bad Debts Expense                      18,900

Balance                       17,850

b) Allowance for Doubtful Accounts:

Account Titles               Debit        Credit

Beginning balance                        $1,950

Accounts receivable  $3,000

Bad Debts Expense                      14,820

Balance                       13,770

6 0
2 years ago
The difference between average annual returns on common stocks and returns on long-term government bonds is called a:___________
Anestetic [448]

Answer:

Market risk premium.

Explanation:

The difference between average annual returns on common stocks and returns on long-term government bonds is called a market risk premium.

Basically, market risk premium is typically determined by taking the slope of a security market line (SML); which is used by economist as a graphical representation of the capital asset pricing model (CAPM).

Market premium risk is used to determine the quantitative measure of the extra return demanded by market participants for the increased risk.

3 0
3 years ago
The town of Millbridge has just agreed to pay a pension for the town clerk. The pension will be $40,000 per year for the next 20
Mekhanik [1.2K]

The amount that must be put aside now is $458,796.85.

<h3>How much should be put aside now?</h3>

The first step is to determine the future value of the annuity:

Future value = yearly payment x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

  • r = interest rate = 6%
  • n = number of years = 20

$40,000 x [(1.06^20) - 1] / 0.06 = $1,471,423.65

Now, determine the present value of this amount:  $1,471,423.65 / (1.06^20) =$458,796.85

To learn more about present value, please check: brainly.com/question/26537392

4 0
2 years ago
Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each o
Alenkasestr [34]

Answer:

The question is incomplete, see the complete question below:

Determine the combined present value as of December 31, 2021, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1). Find N as well.

Payment   Year Received

          $

       9,000  2022

9,600  2023

11,200  2025

13,400  2027

Combined present value                        33,313.9

Explanation:

Present Value:The worth today of a sum receivable or payable in the future is called Present Value. It is premised on the concept of time value of money- that $1 today is worth more than $1 tomorrow. Why?

Because of the opportunity to invest; if invested, the $1 of today would earn interest so making it worth more than $1 dollar on the maturity day.

To calculate the present value of a future cash flow, we simply adiscount it using an appropriate discount rate which is the required rate of return. The discount rate is 8% in this question.

We can quickly calculate the Present Value (PV) using this formula:

PV = FV × (1+r)^(-n)

where FV - Future value, r- interest rate- 8%, n- number of years.

We can now apply these concepts to this question:

Year                                                        Present Value

2022  9000  × (1.08)^(-1)                        8,333.3

2023   9,600  ×  (1.08)^(-2)                      8230.5

2025   11,300  ×  (1.08)^(-4)                      8305.8

2027    13,400 ×   (1.08)^(-6)                  <u>   8,444.3</u>

Combined present value                        <u>33,313.9</u>

6 0
3 years ago
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