Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
Quebec could not legally secede.
Answer:
The Present worth is $777930.25
Explanation:
FInd the NPV of the cashflows
NPV = 200000/(1+0.09)^1 + 200000/(1+0.09)^2 + 200000/(1+0.09)^3 + 200000/(1+0.09)^4 + 200000/(1+0.09)^5
= $777930.25
Therefore, The Present worth is $777930.25
Answer:
Times interest earned (TIE) = 7.4 times
Explanation:
The times interest earned (TIE) ratio is a measure used to analyze the company's ability to meet its debt obligations on the basis of its current income level. The TIE ratio is calculated as follows,
Times Interest Earned (TIE) = EBIT / Total Interest expense
Where,
- EBIT is the earnings of the company before interest and tax
To calculate TIE, we first need to determine the EBIT. EBIT can be calculated by backward working. Thus, EBIT is:
EBIT = Net income + tax + interest expense
EBIT = 240000 + 80000 + 50000
EBIT = $370000
Times interest earned (TIE) = 370000 / 50000
Times interest earned (TIE) = 7.4 times
Answer:
- deprecation of the building: INDIRECT COSTS
- costs of costume jewelry on the mannequins in the juniors department
: DIRECT COSTS
- cost of bags used to package customer purchases at the main registers for the store
: INDIRECT COSTS
- the median kohl's store manager salary: INDIRECT COSTS
- cost of the security staff at the medina store
: INDIRECT COSTS
- manager of juniors department: DIRECT COSTS
- junior department sales clerks
: DIRECT COSTS
- cost of juniors clothing: DIRECT COSTS
- cost of hangers used to display the clothing in the store
: INDIRECT COSTS
- electricity used for the building
: INDIRECT COSTS
- costs of radio advertising for the store: INDIRECT COSTS
- juniors clothing buyers' salaries (these buyers buy for all the juniors departments of kohl's store): INDIRECT COSTS
Explanation:
Indirect costs cannot be directly traced to a cost object, while direct costs can be directly traced. Usually direct costs tend to vary depending on total output, while indirect costs tend to be fixed.