The amount of goods and services each dollar buys at a given point in time is called:

1 answer:

4 0

The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with one unit of money.
Purchasing power loss happen when prices increase, while purchasing power gain happens when prices decrease.

Read more about Per capita GDP

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5 0

2 years ago

A 6 percent, annual coupon bond is currently selling at a premium and matures in 7 years. The bond was originally issued 3 years

vekshin1

Answer and Explanation:

the answer is attached below

6 0

3 years ago

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Cameron industries is purchasing a new chemical vapor depositor in order to make silicon chips. it will cost $ 4 million$4 milli

Luden [163]

On basis of straight-line depreciation method,

Yearly depreciation expense = [Cost of investment - Salvage value] / life

In the current case, salvage vale is assumed to be $0 and the life is 7 years.

Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m

Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m

8 0

3 years ago

Miller Mining, a calendar-year corporation, purchased the rights to a copper mine on July 1, Year 1. Of the total purchase price

dybincka [34]

Answer: $4,500

Explanation:

Equipment was purchased for $76,000.

It has an estimated useful life of 8 years.

It will be sold for $4,000 after these 8 years so that is the salvage value.

With these figures depreciation per annum is calculated with the following formula;

$Depreciation per annum = \frac{Cost of Asset - Salvage Value}{Useful life}$

= $\frac{76,000 - 4,000}{8}$

= $9,000

The Equipment was purchased on July 1, Year 1. In Year 1 therefore it will only be in use for half the year and this is what it should b depreciated in light of.

Semi-annual Depreciation = 9,000/2

= $4,500

7 0

3 years ago

Whst is the basic purpose of any communication? A. To make a point B.To provide information C. To establish a story D. To convey

Citrus2011 [14]

Answer:

B to provide information

Explanation: when making a point your trying to express something

8 0

3 years ago

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