Answer:
The correct answer is "startling statement"
Explanation:
A startling statement is an exponential declaration, that nobody expected and leaves everyone who hears, surprised.
Answer:
5%
Explanation:
Purchasing power refers to the amount of goods and services a unit of currency can buy.
Purchasing power can be determined by finding the real interest rate.
Real interest rate = Nominal interest rate - inflation rate
10% - 5% = 5%
I hope my answer helps you
Answer:
She will earn $17.50.
Explanation:
Interest earned is the amount of interest earned on the a deposited amount in a saving amount on simple interest.
Balance in the account = $500
Interest rate = 3.5%
Interest earned = Average balance x Interest rate
Interest earned = $500 x 3.50%
Interest earned = $500 x 0.035
Interest earned = $17.50
Answer:
FIFO - $22,880
LIFO - $21,120
Explanation:
The FIFO inventory system means first in, first out. It means the initial inventory is the first to be sold. The ending inventory would consist of the last purchased inventory.
Ending inventory = 52 ×$440 = $22,880.
The LIFO inventory system means last in, first out. It means the last purchased inventory are the first to be sold . The ending inventory would consist of the initial inventories.
Ending inventory = (36 units × $400) + [(52-36) × 420] =$14,400 + $6,720 = $21,120
I hope my answer helps you
Answer:
$1,200
Explanation:
For this question, we use the unitary method that is shown below:
Given that
Conversion price = $1,000 par
And, the subordinated debentures is $40
And the present market price is $48
So, the present conversion value is
= Conversion price × the present market price ÷ the subordinated debentures
= $1,000 × $48 ÷ $40
= $1,200
