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poizon [28]
3 years ago
9

In 2002 Ortega's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. We can conclude that Ortega's real

income: a may have either increased or decreased. b rose by 6.2 percent. c rose by 3 percent. d fell by 13 percent.
Business
1 answer:
monitta3 years ago
4 0

Answer:

c rose by 3 percent.

Explanation:

Real income is nominal income less price level changes.

Real income = nominal income - changes in price level

4.6 % - 1.6% = 3%

I hope my answer helps you

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A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?
Harrizon [31]
Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
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What is the role of accounting in financial management
astraxan [27]

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Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management,

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3 years ago
The discounted payback period of a project will a. decrease whenever the initial cash outlay for the project is increased. b. am
polet [3.4K]

The correct question is:

The discounted payback period of a project will decrease whenever the:

a. discount rate applied to the project is increased.

b. initial cash outlay of the project is increased.

c. number of cash inflows is increased.

d. amount of each cash inflow is increased.

e. costs of the fixed assets utilized in the project increase

Answer:

d. amount of each cash inflow is increased.

Explanation:

Discounted cash flow of a project is an analysis that considers the time value of money, future cash inflows re calculated as a discount of present value.

Discounted payback period is how long it will take for future cash flows to meet a certain amount.

For example if $100 is estimated to be $200 in 10 months at future inflows of $10 per month (that is $10*10 months= $100 profit)

If the inflow is now increased to $20 it will reduce repayment time from 10 months to 5 months (that is $20* 5months = $100 profit)

4 0
3 years ago
Early in 2017, Sheryl Crow Equipment Company sold 500 Rollomatics during 2017 at $6,000 each. During 2017, Crow spent $20,000 se
sertanlavr [38]

Answer:

Explanation:

                                         Debit $                                   Credit$

a. Cash                3000000  

    Sales revennue (500*6000)                                 3000000

Warranty expenses   55000  

   Estimated warranty liability                                    55000

Estimated warranty liability  20000  

     Cash account                                                    20000

b. Cash account   3000000  

   Sales revenue (500*6000- 56000)                                2944000

   Unearned warranty revenue                                  56000

Warranty expenses   20000  

      Cash account                                                 20000

Unearned warranty revenue  20364  

    Warranty revenue (56000*20000/55000)                      20364

3 0
3 years ago
On the Fourth of July, there is no fireworks display in the small town of Yankeeville, even though it would be efficient for suc
zaharov [31]

Answer:

D, all of the above are correct.

6 0
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