Answer:
market share
Explanation:
The market share of a product or business is the portion of the total market that it controls. Market share is usually measured as a percentage of the total market's sales. To calculate market share you need to divide your product's total sales by the market's total sales.
In this case, for every $100 sold by the total coffee market in San Francisco, BruceCo sells $1.
Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen
Explanation:
From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.
Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:
= 1/1-MPC
= 1/1 - 0.6
= 1/0.4
= 2.5
The government spending will then increase in order to close the recessionary gap as:
∆Y = ∆G × Multiplier
100 = ∆G × 2.5
∆G = 100/2.5
∆G = 40
Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.
N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
Answer:
Cash borrowed = $120,000
Interest on promissory note = 10%
The journal entry is as follows:
On December 31,
Interest expense A/c Dr. $3,000.00
To Interest payable $3,000.00
(To record interest accrued on note)
Working notes:
Interest expense:
= $120,000 × 10% × (3/12)
= $120,000 × 0.1 × (1/4)
= $3,000
Answer:
Temporary difference
Explanation:
The reason is that the temporary difference is due to allowable and disallowable expenses and returns for some period which in later years equals to the allowable or disallowable incomes and expenses. This is all because of the temporary differences.