Answer: True
Explanation: Departmentalization is a process of grouping an entities activities into units. These units take charge of different work process and the working together of each units aids the organisation to achieve its goals.
My monthly cash inflow after a 20% tax has been withdrawn from my check is $256.
My monthly cash inflow is the amount I earn per month less total tax I pay. A tax is a compulsory sum that is levied on goods and services. Taxes reduces the total amount I would earn.
In order to determine my monthly cash flow, the first step is to determine my total income without taxes.
Total monthly income = weekly earnings x 4
$80 x 4 = $320
The second step is to determine the taxes I would pay on my monthly income.
Taxes paid = percentage tax rate x monthly income
$320 x 20%
0.2 x $320 = $64
The third step is to subtract the taxes I would pay from my monthly income.
$320 - $64 = $256
A similar question was answered here: brainly.com/question/16702516?referrer=searchResults
Answer:
9.52 years
Explanation:
Calculation for the modified duration of this bond
First step is to calculate the Percentage decrease in Price of Bond
Percentage decrease in Price of Bond =($1,025-$1,050)/$1,050
Percentage decrease in Price of Bond=-2.3810%
Second step is to calculate the Percentage change in price
Using this formula
Percentage change in price =-Modified Duration*Change in YTM
Let plug in the formula
-2.3810% =-Modified Duration*0.25%
Modified Duration =2.3810%/0.25%
Modified Duration =9.52 years
Therefore the modified duration of this bond is 9.52 years
Answer:
The demand for normal goods will fall or decrease and the demand for inferior goods will rise or increase
Explanation:
What is a recession? - Recession is a period in business cycle in which the aggregate economic activity of a country is slowing down or declining.
During recession, there is a decrease in spending on the part of both producers and consumers. Unemployment becomes high, so income level drops.
Demand for normal goods in this period drops because of the fall in level of income. The consumers are managing what is left from their income.
And demand for inferior goods rises because as a result of the constraints (money), consumers now prefer low quality goods which usually go for a lower price than normal goods
Purchasing power parity (PPP) represents the universality of exchange rate systems.
Purchasing power parity is a measure of prices in different countries that uses the price of a particular commodity to compare the absolute purchasing power of each country's currency with the standard of living of a given population.
A simple example is a liter of Coca-Cola. At €2.3 in France and $2.00 in the US, Coca-Cola's PPP between France and the US is 2.3/2.00 or 1.15.
Purchasing Power Parity (PPP) is a popular indicator used by macroeconomic analysts to compare currencies of different countries through a "shopping basket" approach. Purchasing power parity (PPP) allows economists to compare the economic productivity and living standards of countries.
Learn more about PPP brainly.com/question/2286004
#SPJ4