Answer:
Explanation:
When interest is compounded annually, we can use the following formula to calculate the amount in the account at the end of a given time period.:
Where:
Let's solve the previous equation for t:
Divide both sides by PV:
Take the natural logarithm of both sides:
Replace the data provided by the problem:
Answer:
Greater than
Explanation:
Answer 1:
If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.
PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.
Answer:
Industrial spy; tool.
Explanation:
An industrial spy refers to an individual who is saddled with the responsibility of covert and an illegal theft of data (informations) such as business trade secrets and other sensitive data, for use by its principal in order to give them a competitive advantage in the industry. Thus, the activities or actions performed by an industrial spy is generally considered to be unethical and may be punishable with an appropriate legal instrument.
In this scenario, Boris works for Nefarious Corp and his job is to steal genetic engineering trade secrets from the Gentle Lamb Company. Boris does this by dating employees of Gentle Lamb Company and stealing their access information (e.g., logon and password).
Hence, Boris is an industrial spy who uses the computer system as a tool.
A tool refers to the device that is being used by a spy to gain an unauthorized access to other people's data (informations).
Answer:
Cost of Ending WORK in Process $ 139496
Explanation:
Richmond Corporation
Weighted-Average Method
Ending work in process inventory 21,200 units
<em>First we find the equivalent units in the ending work in process inventory.</em>
Materials = 100% complete = 21200 units
Conversion= 60 % complete = 60% of 21200= 12720 units
<em>Then we multiply the equivalent units of the work in process inventory with the equivalent cost per unit and then add the materials and conversion costs to get the total cost of the ending work in process inventory.</em>
Materials = 21200 * $3.55 = $75260
Conversion = 12720 * $5.05= $ 64,236
Cost of Ending WORK in Process= $75260+$ 64,236= $ 139496
Answer:
$205,000
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income earned - dividend paid
= $145,000 + $90,000 - $30,000
= $205,000
By considering the above formula, we can easily find out the ending balance of retained earnings by taking opening balance, net income and dividend amount
