Answer:
$74.00
Explanation:
Data provided in the question:
Total amount invested = $14,800
Management fee = 0.50 percent of the total asset value
Now,
Total Asset Value = Amount Invested
Thus,
Total Asset Value = $14,800
Therefore,
Management Fee = 0.50% of $14,800
or
Management Fee = 0.50% × $14,800
or
Management Fee = $74.00
Answer:
a. As a result of the price increase in corn, the supply of corn would increase. At the same time, the amount of acreage used in corn production would increase.
b. The most likely cause of the change in the amount of acreage used in corn production is:
A. The higher price signals suppliers that corn is becoming more valuable.
Explanation:
With corn as the major ingredient for the production of ethanol biofuel the demand and supply of corn increase to match with the increasing price. Suppliers, on their part, increase production by utilizing more acreage of land devoted for corn production. This is the typical interplay between the market forces that drive market equilibrium.
Answer:
C. Purchase of treasury stock
Explanation:
The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.
For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.
Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.
Sale of equipment is reported under net cash flows from investing activities.
Hence the right option is C. Purchase of treasury stock.
Answer:
Option C: Low rates of growth of the quantity of Money
Explanation:
Growth of money and inflation rate are directly associated with each other. If the money supply increases in the economy, it may increase the demand for various products and thus increases their prices. Low inflation or the prices of commodities will not rise if;
- Supply of money in the economy is reduced
- The goods are supplied in more quantity than the inflation rate, e.g. if the inflation rate is 10 % and goods supplied increases by 15 %, then the prices of goods may fall keeping remaining factors constant.