Answer:
$170
Explanation:
Given the following information about Munster company:
Net inflow from operating ACTIVITIES = $200
Net outflow from investing ACTIVITIES = $300
Net outflow from financing ACTIVITIES = $50
Ending balance in cash = $20
BEGINNING BALANCE :
Outflows + ending balance - inflow
(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities
($300 + $50 + $20) - $200
$370 - $200
= $170
The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be available.
The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.
For example, if the price of coffee rises, the quantity demanded for tea which is the best substitute of coffee beverage will increase as consumers will switch to a less expensive but the substitutable alternative.
This is reflected in the cross elasticity of the demand formula, as both the numerator which is the percentage change in the demand of tea and denominator which is the price of coffee shows a positive increase.
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Answer:
Private Savings + (Imports – Exports) = Investment + (Government Spending – Tax)
Explanation:
This relationship expressed in the equation above is a macro economy equation which is correct and implies that the quantity supplied of financial capital is equal to the quantity demanded of financial capital.
Supply of financial capital is represented by "Private Savings + (Imports – Exports)", while the demand for financial capital is represented by "Investment + (Government Spending – Tax)".
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Answer:
$201,302
Explanation:
Calculation for How much must he invest today if the first withdrawal is at year-end
First step is to calculate (FVF-OAn,i) using financial calculation
R = 30,000
n = 10
i = 8%
(FVF-OAn,i)=(6.71008)
Now let calculate the amount to be Invested today using this formula
Investment today = R (FVF-OAn,i)
Let plug in the formula
Investment today= 30,000 (6.71008)
Investment today = $201,302
Therefore the amount he must invest today if the first withdrawal is at year-end is $201,302
Answer:
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