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cestrela7 [59]
3 years ago
5

Because the first members of the baby boom generation have now turned 50, we are likely to see a shift to more positive images o

f the elderly, in part because they are more productive in the labor market. they are a storehouse of knowledge about work skills. of the distinction of being elderly. of their vast numbers and economic clout.
Business
1 answer:
Effectus [21]3 years ago
7 0
Their vast numbers translate into economic clout and political power
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Problem 9-1 Comparing Renting and Buying [LO9-2] Rental Costs Buying Costs Annual rent $ 7,380 Annual mortgage payments $ 9,800
s2008m [1.1K]

Answer:

        Computation of Rental Costs

Particulars                                        Amount

Rent                                                      $7,380

Insurance                                             $145

Loss of Interest on Security Deposit  <u>$39     </u>  ($650*6%)

Total Rental Costs                               <u>$7,564</u>

         Computation of Buying Costs

Particulars                                        Amount

Annual Mortgage Payments              $9,800

Taxes, Insurance and Maintenance  $2,830 ($1,050+$1,780)

Loss of Interest on Down Payment   $270 (4,500*6%)

Growth in Equity                                -$225

Annual Appreciation                         -$1,700

Mortgage Interest Tax Savings        -$2,681 (9,575*28%)

Tax Savings from Property Taxes    -<u>$498  </u> (1,780*28%)

Total Buying Costs                            <u>$7,796</u>

<u />

b. Based on the cost criteria, i would recommend renting as it results in lesser cost

5 0
3 years ago
Burger Emporium Inc. is currently losing $100,000 per year on its Zhou Burger product line. The revenue from the Zhou Burger is
Mekhanik [1.2K]

Answer:

The correct answer to the following question will be "keeping the product line since they would lose an extra $40000 if they dropped".

Explanation:

                                              Keep                                         Drop

Loss                             $100000 (given)                                    -

Fixed asset loss                      -                                     (300000-160000)

                                                                                   

Loss                                     $100000                                    140000

If dropped, so the $40000 damage would be included. Such that the correct approach is "keeping the product line since they would lose an extra $40000 if they dropped."

4 0
3 years ago
Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns
Lady_Fox [76]

Answer:

Modular homes= $182,325

Explanation:

Giving the following information:

Modular Homes - Prefab Barns

Total expected material moves 500 100

The total materials handling cost for the year is expected to be $218,790.

<u>To calculate the allocated costs to each product line, first, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 218,790/600

Predetermined manufacturing overhead rate= $364.65 per move

<u>Now, we can allocate overhead:</u>

Modular homes= 364.65*500= $182,325

Prefab Barnes= 364.65*100= $36,465

3 0
3 years ago
Why did government spending increase in the 1930s? (Business Cycles)
worty [1.4K]

Answer:

The government spent money to lift the economy out of the great depression

Explanation:

Depression is an extended period of economic downturn. It starts as a recession where the economy experiences declining growth. The GDP value decreases and turns. The economy remains in a subdued state for some years. Depression is associated with massive job losses, closure of businesses, reduced prices, low production, and reduced incomes.

To get the economy out of the economic depression, the government had to apply expansionary fiscal policies to stimulate economic growth and recovery. Increasing government spending is one way of stimulating growth. The government engages in capital intensive projects such as the construction of roads, schools, hospitals, and other public amenities. This creates jobs and demand for materials, resulting in higher GDP.

5 0
3 years ago
Which of the following is a job from the past which no longer exists?
klasskru [66]

Answer:

Lamp lighter

Explanation:

Very few exist today as most street lighting has long been replaced by electric lamps.

6 0
3 years ago
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