The answer $205.48
Explanation
Since the amount is $150, rate is 73%
PV to perpetuity = $150/0.73
=205.48
Therefore the answer is $205.48
Answer: ADJUSTED CASH BALANCE PER BOOK as of January 31, 2018 is A) $7,950
Explanation:
ABC Enterprises reconciled cash balance per books (internal accounting records as of January 31, 2018.
Cash balance as per company book $7,500
Add:
Notes receivable collected by bank $1000
Deduct:
NSF check $500
Bank service charge $50
Adjusted Book Balance $7,950
Answer: E) Recoding
Explanation:
Recoding refers to the changing of a variable to better suit the needs for which the variable is being collected.
The variable's parameters can be redefined using recoding to either include more information or less so that the result can be more reflective of the situation on ground.
In mixing the lowest income category with the next lowest, recoding would have occurred.
Answer:
The answer is B) 340 bushels of corn and 500 bushels of oats.
Explanation:
Cornland´s workers have a comparative advantage in the production of corn, each worker can grow 40 bushels per year. Since Cornland has 20 workers in total, its maximum possible output of corn bushels would be 800 (20x40=800).
Oatland´s workers have a comparative advantage in the production or oats, each worker can grow 50 bushels per year. Since Oatland has 20 workers in total, its maximum possible output of oats bushels would be 1,000 (20x50=1,000).
Currently both countries combined are producing 460 bushels of corn (400+60=460) and 500 bushels of oats (100+400=500). If each country specializes in the production of the good in which they have a comparative advantage, then their total combined output would increase by 340 bushels of corn and 500 bushels of oats.
- Corn: specialized production - current production = 800-460 = 340 bushels
- Oats: specialized production - current production = 1,000-500 = 500 bushels
The most cost effective way for John to buy a house in the suburbs is:
a.Move to the suburbs and rent a house for one year before purchasing a home.
This is to test the waters. During this time, he has to acclimatize himself into living in a new environment. He has to discover the pros and cons of living in the suburbs compared to living in the city like travel time in going to work, etc.
If after a year, he finds its more beneficial to live in the suburbs, then he can buy a house there. On the other hand, if he finds it costly to live in the suburbs compared to living in the city, he simply has to pay the necessary rent and utility bills, pack up his bags, and go home.
