Answer:
shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law focuses on the relationship that exists between unemployment and economic growth. It's states that the gross domestic product of a nation should grow at about 4% to result in an unemployment rate reduction of 1%.
So it follows that if unemployment rate rises there will be a negative gap in the GDP of a country.
Employed labour is needed to produce output that will grow the economy and the GDP.
However when unemployment increases there is less labour and low output level, resulting in reduction of GDP.
Answer:
D. Offer the customer money or product to remove it
The depreciation expense to be recognized by Joseph in year 1 is $62,500.
<h3>What is depreciation?</h3>
Depreciation is the gradual fall in the value of a fixed asset over its economic life. It doesn't apply to intangible assets.
Given values:
The purchase cost of equipment: $325,000
Residual value: $75,000
Number of years of useful life: 4
Computation of depreciation expense for the year 1:
![\rm\ Depreciation \rm\ expense=\frac{\rm\ Purchase \rm\ cost - \rm\ Residual \rm\ value}{\rm\ Useful \rm\ life} \\\\rm\ Depreciation \rm\ expense=\frac{\$325,000-\$75,000}{4} \\\rm\ Depreciation \rm\ expense=\$62,500](https://tex.z-dn.net/?f=%5Crm%5C%20Depreciation%20%5Crm%5C%20expense%3D%5Cfrac%7B%5Crm%5C%20Purchase%20%5Crm%5C%20cost%20-%20%5Crm%5C%20Residual%20%5Crm%5C%20value%7D%7B%5Crm%5C%20Useful%20%5Crm%5C%20life%7D%20%5C%5C%5C%5Crm%5C%20Depreciation%20%5Crm%5C%20expense%3D%5Cfrac%7B%5C%24325%2C000-%5C%2475%2C000%7D%7B4%7D%20%5C%5C%5Crm%5C%20Depreciation%20%5Crm%5C%20expense%3D%5C%2462%2C500)
Therefore, the amount of depreciation charge comes out to be $62,500 to be reported in year 1.
Learn more about the depreciation charge in the related link:
brainly.com/question/13127865
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Answer:
Annual deposit= $6,952.82
Explanation:
Giving the following information:
You want to have $1.5 million in real dollars in a retirement account when you retire in 40 years.
Inflation rate= 2.7%
Interest rate= 10%
First, we need to deduct from the interest rate the inflation rate.
Real interest rate= 0.10 - 0.027= 0.073
Now, using the following formula, we can determine the annual deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,500,000*0.073) / [(1.073^40)-1]
A= $6,952.82
Answer:
$7.8
Explanation:
Variable costs = $504,000
Fixed costs = $392,000
Number of units produced = 84,000
Shipping charges = $4,500
Therefore, the variable cost per unit is calculated as follows:
= Variable costs ÷ Number of units produced
= $504,000 ÷ 84,000
= $6 per unit
Incremental fixed cost per unit (For 2,500):
= Shipping cost ÷ 2,500
= $4,500 ÷ 2,500
= $1.8 per unit
Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.
BEP (in sales price per unit):
= Variable cost per unit + incremental fixed cost per unit
= $6 + $1.8
= $7.8