<span>If the actual rate is higher than the natural rate, the economy is in a recession (also know as a slump).
... by definition there is a recession.</span>
Answer:
3.00
Explanation:
Computation for this year's accounts payable turnover ratio for Nelson
Using this formula
Accounts payable turnover ratio=Cost of goods sold last year - Cost of goods sold this year /(Accounts payable last year -Accounts payable this year) ÷2
Let plug in the formula
Accounts payable turnover ratio=$550,000-$580,000/($300,000+$280,000) ÷2
Accounts payable turnover ratio=$30,000/$20,000÷2
Accounts payable turnover ratio=$30,000/$10,000
Accounts payable turnover ratio=3.00
Therefore this year's accounts payable turnover ratio for Nelson will be 3.00
Answer:
A
Explanation:
Discretion meaning the company gave Herb the ability and thr freedom dto do as deem fit for this particular situation.
Answer:
I will accept the offer if the price per painting is $56,312.41 or higher.
Explanation:
We will calculate the present value of the other option which is, selling our painting as a freelancer.
C 315,000.00
time 5
rate 0.2
PV $942,042.8241
Now, we subtract the signing bonus of 100,000
942,042.83 - 100,000 = 842,042.83
And solve for the annual proceeds from the painting we need to equalize the opportunity cost:
PV 842,042.83
time 5
rate 0.2
C $ 281,562.03
Now, we divide by the 5 painting per year:
$281,562.03 per year / 5 painting per year = $56,312.41
The use of the substance, long term affects, and the substance affect on those around the person using it.
