Answer:
10.14
Explanation:
Velocity of money measures the rate at which money changes hands or is exchanged in an economy.
Velocity = (Price × aggreagrate income) / money supply
(1.69 × $15000) / $2500 = 10.14
Answer:
Abbot makes a savings of $74,000 in the current year.
Review full presentation of answers in the attaches
Explanation:
Answer:
1. $5.62
2. $15,174
Explanation:
1. The computation of the cost of one unit of product under variable costing is shown below:-
Total product cost = Direct material + Direct labor + Variable overhead
= $123,000 + $93,000 + $65,000
= $281,000
Unit product cost = Total product cost ÷ Produced units
= $281,000 ÷ $50,000
= $5.62
2. The computation of cost of ending inventory under variable costing is shown below:-
Unsold at end = Unit produced - Unit sold
= 50,000 - 47,300
= 2,700
Cost of ending inventory = Number of units sold × Unit product cost
= $5.62 × 2,700
= $15,174
Answer:
D. The payback period is less than 2 years.
Explanation:
Discount rate 5%
0 1 2
intital investment -10
cash flow 0 30
Total cash flow -10 0 30
NPV 17.21
IRR 73%
Therefore, The NPV is 17.21 and is positive, the statement is True.
IRR > 50%, Therefore the statement made is True
Accounting rate of return = {[(30 - 10)/10]^(1/2)} - 1
= 41% > 0
Therefore, The statement made is true.
Payback period = 2 years, Therefore the statement made is NOT true.
Answer:
Select which of the ways that entrepreneurs improve the economy is being described: As a family's basic needs are met, jobs are given to the people who help provide these needs.
new business
Explanation:
Entrepreneur improves the economy by starting a new business, they are employer of labor and improves the economy