Answer: $400
Explanation:
To solve the question, we should note that the annual depreciation under the straight line depreciation method is given as:
= ( Cost - Salavage ) / Estimated Useful Life
= ($3,000 - $200 ) / 7
= $2800 / 7
= $400.
Therefore, the depreciation in year 3 will be $400
Answer:
Country B produces 25% of world GDP and option e is the correct answer.
Explanation:
We first need to calculate the total world GDP which is the sum of all the individual countries GDP.
The total world GDP = 32000 + 20000 + 10000 + 10000 + 8000
The total world GDP = $80000
Company B produces a GDP of $20000.
Out of the total world GDP, country B produces a GDP of = 20000 / 80000 = 0.25 or 25%
Thus, country B produced 25% of the total world GDP of $80000.
Answer:
e. Collateral
Explanation:
Collateral refers to the security given by the person in order to secure the right of the creditor.
As for example, if I take a loan from bank and then sign an agreement to pay in installments, then the bank might secure its payment through a collateral to be paid by me. For this I might give the bank papers of my house.
In the given case also, Dennis took the Television in exchange of money promised to be paid in installments. Further as for collateral he provided the owner the right to take back the television.
Thus, there is a collateral provided, and since he has defaulted in payment owner has the right to collect television back.
Answer: Sell government bonds and raise the discount rate
Explanation:
Fed uses open market operations for controlling the money supply in the economy. If fed wants to create a tight money market then it should sell the government securities to the public which will reduce the money supply in the economy. It is known as contractionary monetary policy.
Discount rate is defined as the interest rate on the discounted loan. If there is an increase in the discount rate then it will be more expensive for the banks to borrow from Fed and hence they borrow less. This will decrease the lending capacity of the banks which reduces the money supply in an economy.
Therefore, Sell government bonds and raise the discount rate are the best ways to contract the money supply.
Answer:
Here we have total sales equation as under:
Z = 50*A + 45*B
Z is the total sales of the two products A & B. Whereas $50 is the profit per unit on the product A and $45 on the product B.
This means our best wishes for the company includes that the company only sales product A and reach production limit, because the profit on unit A is more than the product B. So this is the objective of the company regarding the sales prioritization of products.