Answer:
The answer is "present value= 9952.87"
Explanation:
Given value:
Using formula:
Answer:
Change in supply means a total shift from product A supplied to product B.
Change in quantity supplied means in the same product A, the number of products supplied either increases of decrease but the product is still the same.
Explanation:
Change is supply is a total shift in products and change in quantity is only the number of units supplied in the same product. For an example, seasonal products like fruit are an example of both change in supply and change in quantity supplied. If Oranges are in season then the number of units supplied is obviously high and when the season is phasing out then the number will obviously decrease, law of demand and that is change in quantity supplied. When the season is out the market will shift products from Oranges to a available product.
Answer:
Explanation:
Calculation of ending retained earnings balance after closing:
The balance in ending retained earnings after closing can be calculated as follows:
Balance in retained earnings account before closing $297,000
Add: Revenues $185,000
Less: Expenses $103,700
Less: Dividends $18,000
Ending retained earnings balance after closing = $360,300
Hence, The balance in ending retained earnings after closing is $360,300
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A modification to a more expansionary monetary policy will usually expand output and employment in the short run but if the rapid monetary expansion perseveres the long run will be inflation. A rule by monetary the proven command to enlarge money supply and increase economic activity, mainly by charging interest rates low to reassure appropriating by companies, individuals and banks. An expansionary monetary policy can comprise quantifiable interpretation, whereby central banks safeguarding properties from banks. This has the result of dropping revenues on bonds and making inexpensive borrowing for banks. This in chance increases banks ability to offer to personalities and industries. An expansionary monetary policy also dangers ramping up price increases.