The right answer for the question that is being asked and shown above is that:
"FALSE." <span>Accounts in non-depository institutions are almost always insured by the government.
</span>"FALSE." All financial institutions are equally safe and <span>beneficial to use.
"TRUE." </span><span> Financial experts recommend that you compare at least several different financial institutions in your area and find the one that best meets your needs.
"TRUE." </span><span>Personal financial planning is the process of creating and achieving financial goals
"FALSE." </span><span>Shared decision-making is always a positive strategy to take</span>
Answer: b. (200 airplanes, 12,500 cars) and (150 airplanes, 15,000 cars)
Explanation:
The opportunity cost of an airplane is 50 cars. This means that if the number of planes produced were reduced by 50, the number of cars should increase by:
= 50 * 50
= 2,500 cars.
In option B, the airplanes were 200 and then reduced by 50 to 150. This led to an increase in cars of:
= 15,000 - 12,500
= 2,500 cars
Option B therefore satisfies the constraints and is correct.
Answer:
c) a decrease in the equilibrium price of gasoline
Explanation:
Since SUVs and gas are complementary goods, the relation between these two in the example is evident. Since the demand of SUVs decreases, the demand for its complimentary good will also decrease, as it has little to no use without the SUV.
As a consequence, the price of gasoline will decrease, as the demand decreases.
Answer:
(a) Taci Company lent the money on September 1:
Debit Notes receivable $88,000
Credit Cash $88,000
<em>(To recognize notes receivable)</em>
(b) On December 1:
Debit Cash $88,880
Credit Notes receivable $88,000
Credit Interest receivable $880
<em>(Collection of notes principal and interest at maturity)</em>
Explanation:
Note receivable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.
Interest revenue on the notes is calculated as: Principal x Interest Rate x Time
In this case, the total interest revenue is $88,000 x 4%/12 x 3 months = $880.
Monthly interest revenue is therefore $880 / 3 months = $293.33.
Answer:
By $297 Nancy cash flow are more worthy in present value terms.
Explanation:
Marry
APV = C x [ ( 1 - ( 1 + i )^-n ) / i ]
C = Monthly payment = $9,900
Interest rate = i = 12% = 0.12
n = number of years = 34 years
APV = $9,900 x [ ( 1 - ( 1 + 0.12 )^-34)/0.08 ]
APV = $800 x 11.2578
APV = $82,203
Nancy
PV of perpetuity = Cash flow / Interest rate = $9,900 / 0.12 = $82,500
Difference = $82,500 - $82,203 = $297
By $297 Nancy cash flow are more worthy.