Answer:
First 4 subparts are answered below:
A)
Equation for budget constraint: p1.x1 + p2.x2 = M
Substituting the given information gives: 1B + 5P = 20
B)
The budget constraint is below: See attachment
C)
Slope of budget constraint: -P(pizza)/P(beer) = -5
D)
New budget constraint: 2B + 5P = 20
New slope: -5/2 = -2.5
New constraint line: See attachment
If you'd like to calculate the overall percentage of tax deducted from your paycheck, first add up the dollar amounts of each tax withheld. Divide the total of your tax deductions by your total, or gross, pay. Multiply the result by 100 to convert it to a percentage.
<u>Solution and Explanantion:</u>
<u>Determining the gain or loss recognized by M corporation
</u>
Loss to be recognised = Market Value – Purchase Value
= $75000
Thus, loss to be recognised by the “M” corporation is $75000
<u>Determining the gain or loss of A:
</u>


= ($40000)
Thus, loss to be recognised by A is $40000
Answer:
$1,150
Explanation:
Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150
Answer:
It will take 14 years and 146 days to double the value.
Explanation:
The rule of 72 is a means of estimating the number of years it takes for an investment or your money to double.
Number of Years to Double= 72/Annual Rate of Return
N= 72/5= 14.40 years
To be more accurate:
0.40*365= 146 days
It will take 14 years and 146 days to double the value.