Answer:
39 years
Explanation:
Under the rule of 70, the economy doubles its real GDP per capita income
In this the computation is done by dividing the 70 by the annual growth rate
So, the formula is shown below:
Time period = Rule of 70 ÷ growth rate
where,
Growth rate is 1.8%
So, the time period at which the GDP doubles is
= 70 ÷ 1.8
= 39 years
By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles
Answer:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Explanation:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Answer:
Depreciation / Amortization
Explanation:
Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.
The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.
Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.
Safe place to put money. Your money if stolen is insured by the FDIC.
Answer:
environmental monitoring
Explanation:
Environmental monitoring is referred to the basic study where all the environmental factors are studied like, land, soil, water, etc: So that the level of contaminants can be verified. This basically leads to the analyses of the concerned environment over certain period, as this is done for a period of time.
In the given instance also the event took place around 10 years ago, now environmental monitoring done will provide the details of contaminants in that environment.
