Answer:
$342,720
Explanation:
The amount of the life insurance needed is shown below:
= Earning after taxes × current income percentage × approximate interest factor
= $48,000 × 60% × 11.9
= $342,720
Basically we multiplied the earning after taxes with the current income percentage and the approximate interest factor so that the correct amount could arrive
Answer:
Loss on Sale of Non-Current Asset is -$5,672.
Explanation:
The key points to remember here are:
- We compare Carrying Value (Cost - Accumulated Depreciation) with Selling Price to calculate gain/loss.
- Adelphi Company has used the machine for 4 years. So, deduct the depreciation of 4 years from the Cost of Machine.
- Double-Declining Rate is calculated as (1/10)*(2) = 20%. Multiply this rate with the Carrying value of each year to get the depreciation figure for next year.
I've attached a screenshot of my workings, I hope it will help you better understand the scenario. Thanks!
Potential GDP = $20
Real GDP =$19.2
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
Explanation and answer:
If if the possible outcomes are xi, and the corresponding probability is pi, where i is one of the N events, then the expectation [E] is given by
[E] = sum (xi*pi)
In the given case, n= frequency of the event, N=50=total number of events
i n xi pi n*xi*pi
1 40 0 40/50 40*0*40/50 = 0
2 8 20 8/50 8*20/50 = 3.20
3 1 100 1/50 1*100/50 = 2.00
4 1 500 1/50 1*500/40= 10.00
Total (expected gross winning) = 15.20
Person has already paid $10,
so the expected net winning = 15.20 - 10 = 5.20
Answer:
The correct answer is letter "C": a conditional pricing schedule.
Explanation:
A conditional pricing schedule is a pricing strategy in which what is charged to the customer depends on variable factors such as the size of the purchase or the type of products acquired. In <em>banking</em>, financial institutions tend to use this strategy usually according to the balance account holders have. The higher the balance the higher interest rates they pay to customers or the smaller fees they charge to promote clients have more money in the bank so the financial institutions can use those funds to invest.
