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Pavel [41]
3 years ago
12

Assume that a "leader country" has real gdp per capita of $40,000, whereas a "follower country" has real gdp per capita of $20,0

00. next suppose that the growth of real gdp per capita falls to zero percent in the leader country and rises to 7 percent in the follower country. instructions: enter your answer as a whole number. if these rates continue for long periods of time, how many years will it take for the follower country to catch up to the living standard of the leader country? years.

Business
1 answer:
Anna11 [10]3 years ago
6 0
Check the attached file for the solution. The answer is 10 years.

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A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $900,000 with an estimated useful life of 1
gavmur [86]

Answer:

depreciation expense 2017 = $180,000

depreciation expense 2018 = $144,000

depreciation expense 2019 = $115,200

Explanation:

purchase cost $900,000

estimated useful life 10 years

depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost

depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000

depreciation expense 2018 = 2 x 1/10 x $720,000 = $144,000

depreciation expense 2019 = 2 x 1/10 x $576,000 = $115,200

8 0
4 years ago
Which of the following is most likely to be the best indicator of successful start-ups? 1. Level of experience of the founders 2
kupik [55]

Answer:

Option A. Level of experience of the founders

Explanation:

The reason is that the person that possesses the experience of managing the operations of the company can better manage the startup than the person who possesses knowledge of the business. This means that the finance doesn't matter, the social background of the person doesn't matter, the education doesn't matter because many illiterate people are running a good business. So the only skill these illiterate people possess is experience of managing the business. So the right answer is option A.

7 0
3 years ago
Read 2 more answers
Stallion Corporation sold $100,000 par value, 10-year first mortgage bonds to Pony Corporation on January 1, 20X5. The bonds, wh
katovenus [111]

Solution :

a).

Amortization of the bonds premium semi annually = $ 250

Amortization of the bonds premium annually = 250 x 2

                                                                           = $ 500

Bond premium = 500 x 10

                        = $ 5000

Par value bond = $100,000

Premium on the bonds = $ 6000

∴ Original price of the bonds = $ 106,000

b).

Original purchase price = $ 106,000

Semi annually periods from 1 Jan 20X5 to 31 Dec 20X7 = 3 yrs x 2 = 6 periods.

The premium amortization till 31st Dec, 20X7 = $ 250 x 6 = $1500

The balance of the bond investment account = $ 106,000 - $1500

                                                                            = $ 104,500

c).

Event 1

Accounts                                                                       Debit                   Credit

Bonds payable                                                          $100,000

Bonds premium (6000-1500)                                   $4500

Interest income (5750 x 2)                                        $ 11500

Investment in the Stallion Bonds                                                        $104,500

Interest expenses                                                                                 $ 11500

Event 2

Accounts                                                                       Debit                   Credit

Interest payable                                                          $ 6000

Interest receivable                                                                                  $6000

7 0
3 years ago
(ASAP!!!!)
KatRina [158]
1. Credit account and Store accounts
3 0
3 years ago
James Jones, a Florida health inspector, inspected, Caribbean Eats a restaurant owned by Tom Cruise. Jones found several health
Leto [7]
IRAC stands for Issue, Rule, Application, Conclusion

I'll just put out issues.

James Jones - corruption, extortion, and blackmail

Tom Cruise - health violations, bribery

Both conducted under the table negotiations. 
7 0
4 years ago
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