Answer:
B. Δk = sf(k) – (δ + n)k.
Explanation:
The Solow Growth Model, developed by Robert Solow, a Nobel Prize winning economist. It was the first neoclassical growth model which was was built upon the Keynesian Harrod-Domar model. The modern theory of economic growth is given by the Solow Model.
The equation below gives us the change in capital stock per worker with population growth at rate n;
Δk = sf(k) – (δ + n)k.
Where k: capital stock per worker in period t
s: savings rate
δ: rate of depreciation of capital
n: labor or number of workers
sf(k): savings per capita multiplied by a fraction of income saved.
Answer:
Cash equivalents are the total value of cash on hand that includes items that are similar to cash; cash and cash equivalents must be current assets.
Explanation:
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It makes the biloating rating obecyive monplly to the form of the inverstjgatdd
Answer:
1 st - Save the workbook file to your hard drive - saving things first is always good.
2nd - Ask your network administrator to give you permission to access the folder - of course you need permission so you have to ask.
Answer:
The answer is: Garnett Co.'s net income is $7,600
Explanation:
To determine the net income we must first calculate the cost of goods sold and the commissions paid:
- COGS = $50,000 x 40% = $20,000
- Commissions = $32,000 x 10% = $3,200
Now we can elaborate the following income statement for Garnett Co.
Total sales $32,000
COGS ($20,000)
Commissions ($3,200)
<u>Advertising expense ($1,200) </u>
Net income $7,600
