Answer:
$17,122
Explanation:
As for the details provided it is obvious that Giancarlo will either buy Suzuki XL7 or will continue with the old car.
In case of buying Szuki XL7 he will sell the old car.
And all the amount received from such sale will be utilized in buying the new car.
Initial investment = Net amount to be paid for acquisition, but do not include any future maintenance amount.
The amount shall be:
Negotiated price + Taxes - Amount from sale of old car
= $24,675 + $1,732 - $9,285 = $17,122
The deadweight loss is $90.6.
<h3>How to calculate the loss?</h3>
The study suggested that the average recipient's valuation of the gift received was approximately 90% of the actual purchase price of the gift.
This means there's a loss of 10% in value constitute the deadweight loss.
Average amount spent on gift = $906
Percentage loss in value = 10% or 0.10
Calculate the deadweight loss -
= Average amount spent on gifts * Percentage loss in value
DWL = $906 * 0.10
The deadweight loss would be $90.6.
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A study by university of minnesota economist, joel waldfogel, estimated the difference in the actual monetary value of gifts received and how much the recipients would have been willing to pay to buy them on their own. the study suggested that the average recipient’s valuation was approximately 90% of the actual purchase price.
Calculate the deadweight loss if the average amount is $906.
Answer:
a $ 100 , 000 per profit plan salary
Answer:
<em><u>The correct answer is:</u></em> traditional project management methods being applied to high uncertainty projects
Explanation:
Scope creep are common in projects, but they can raise concerns because they mean increased time and expense.
Scope increase may occur when there is a mismatch between traditional project management methods being applied to projects of high uncertainty.
This mismatch can mean that the control is inflexible and being a project of high uncertainty, it is quite possible that there will be changes during the project that include other processes and ways to achieve the expected objective.
This situation can cause frustration among stakeholders and waste of time and money, which can be avoided with more effective control and greater clarity about the project's objectives.
Answer:
debit Unearned Rent Revenue and credit Rent Revenue, $12,000.
Explanation:
Provided information we have,
Rent is received on 1 September 2017 for a period of 1 year on which it is accounted as Unearned Rent amounting $36,000.
Entry on that date would be
Cash A/c Dr. $36,000
To Unearned Rent $36,000
At the end of the year on 31 December 2017, we have period of current year lapsed = 1 September to 31 December = 4 months.
Thus rent income for the year = $36,000 
= $12,000
Therefore this rent of $12,000 will be recognized as rent income for the year 2017.
Entry will be
Unearned Rent A/c Dr. $12,000
To Rent Revenue $12,000
