Answer:
net income attributable to the non controlling interest is $40800
Explanation:
Given data
Race sold = $450000
cost = $330000
owned = 15%
net income = $204000
Race net income = $806000
to find out
net income attributable to the non controlling interest
solution
we find the non controlling interest
so we apply formula for non controlling interest that is
non controlling interest of income = net income × (100% - 80%)
put here value of net income
non controlling interest of income = net income × (20%)
non controlling interest of income = 204000 × (20%)
non controlling interest of income = 40800
so net income attributable to the non controlling interest is $40800
Answer:
C. Citizens have more wants than they can fulfill with their available resources.
Explanation:
Correct for APEX
Answer:
Instructions are below.
Explanation:
Giving the following information:
Martha receives $200 on the first of each month. Stewart receives $200 on the last day of each month. Both Martha and Stewart will receive payments for 30 years. The discount rate is 9 percent, compounded monthly.
To calculate the present value, first, we need to determine the final value.
i= 0.09/12= 0.0075
n= 30*12= 360
<u>Martha:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= montlhy payment
FV= {200*[(1.0075^360)-1]}/0.0075 + {[200*(1.0075^360)]-200}
FV= 366,148.70 + 2,746.12
FV= 368,894.82
Now, the present value:
PV= FV/ (1+i)^n
PV= 368,894.82/ 1.0075^360
PV= $25,042.80
<u>Stewart:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly payment
FV= {200*[(1.0075^360)-1]}/0.0075
FV= 366,148.70
PV= 366,148.70/1.0075^360
PV= $24,856.37
Martha has a higher present value because the interest gest compounded for one more time.
Answer:
A. Merit Pay - 2. Equity Theory
B. Gain sharing 3. Goal-setting Theory: Unit-Focused
C. Piece-Rate Systems 4. Goal-setting Theory: Individual-Focused
D. Recognition Awards 1. Expectancy Theory Instrumentality
E. Lump-Sum Bonuses 5. Extrinsic Motivation
Explanation:
Employee motivation is dependent on many factors. A person may be motivated just if his work is appreciated. He feels that his work is appreciated and for this reason he is motivated to perform better. Some people consider pay rise or monetary rewards as their motivation factor. Some people finds more authority as their motivating factor. They feel motivated if they are given more challenging work and more authority.
Answer:
2.87%.
Explanation:
The total return, also refer to as Nominal return or Money return, is based on the nominal interest rate. For example, let's say that you deposited $100 into a bank account and the bank offers you an annual return of 11%. This 11% is the stated interest rate, it is known as nominal interest rate, and it is rate before taking into account the effect of inflation. When we deduct the effect of inflation from nominal rate, it gives us the real rate. Real rate reflects the Purchasing Power. The Fisher equation will be used to determine the expected inflation rate. The Fisher equation is as follows:
(1 + i ) = (1 + r) * (1 + h)
where
i = Nominal (Money) rate
r = Real rate
h = Inflation rate
Simply adjust the equation to calculate the inflation rate;
⇒ h = [(1 + i) / (1 + r)] - 1
OR h = [(1 + .11) / (1 + .079)] - 1 = 2.87%.