Answer:
APR = 669.17%
Explanation:
Cash 4U is charging $55 in interest for 6 days, that means it is charging Bob $9.17 in interest per day which is equivalent to 1.8333% daily interest. If we want to determine the APR we just have to multiply the daily interest by 365 days = 1.8333% per day x 365 days = 669.17%
Answer:
the company's cash flow from assets is - $42,880.
Explanation:
Cash flow from assets is also known as cash flow from investment activities.
Prepare <em>a section of cash flow from investing activities </em>to determine the cash flow from assets.
The only cash flow from investing activity is purchase price (cash outflow) of the assets of $42,880.
Answer:
The correct option is B
Explanation:
Periodic Inventory System is an inventory accounting system that allows for the periodic update of the merchandise inventory and accounts receivable accounts in the books the seller, which means there is an assigned period for the inventory clerks to conduct any inventory counts in the company's warehouse.
Option D is false because the statement should be Merchandise Inventory or Cost of Goods Sold since Periodic Inventory System allows for a periodic update of the said accounts. so, there is no logical reasons to integrate it with the Accounts Receivable and Revenue accounts.
Answer: Labor
Explanation:
As a result of capital investments flowing, the labor in both the high wage countries and the low wage peripheral regions will shift due to interactions between the two labor systems.
The lower wage peripheral regions for instance, will see a rise in wages paid to their workers on account of the higher capital investment and people from these areas will move to the higher wage countries where they will be paid less which would reduce the wages paid in these higher wage countries.
Answer:
The argument exposed in the question does not address the fact that natural resource scarcity and/or depletion cannot be so evident, and as result, economic agents do not necessarily have the incentive to hold more of them, and drive up the price.
Besides, natural resources provide ecosystemic and enviromental services, that generate positive externalities, and these positive externalities are not accounted for in the prices (this is why they are externality), causing the market prices that are paid for natural resources to be lower than they should.
The government can use to strategy to promote natural resource conservaiton:
1) Account for the positive externalities, and increase the price that is charged for the use. It can be a tax.
2) Simply step in and forbid the use of some natural resources after a certain point is reached. It can be a quota system.
