Answer:
6.93 years
Explanation:
For computing the number of years we use the NPER formula i.e to be shown in the attachment
Given that
Present value = $8,000
Future value = $0
Rate of interest = 9%
PMT = $1,600
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years is 6.93 years
Answer:
unplanned inventory accumulation equals -$200 billion.
Explanation:
As we know that
Unplanned inventory equals to
= Real GDP - aggregate expenditures
= 600 billion - 800 billion
= -$200 billion
It shows a difference between the real GDP and the aggregate expenditure
Since the real GDP is less than the aggregate expenditure, so the unplanned inventory should come in negative amount else it comes in a positive amount
Answer:
$20
Explanation:
Given that,
Total fixed cost = $4,200
Number of workers employs = 30
Wages = $160 per worker
Average product of labor = 2
Marginal product of last labor hired = 8
Marginal cost refers to the additional cost that has occurred to produce the additional unit of a commodity.
Here, from the given information, we can calculate the marginal cost of the last unit produced by the last worker is as follows:
= Wages per worker ÷ Marginal product of last labor hired
= $160 ÷ 8
= $20
Answer:
c. $105200.
Explanation:
Cost of land = $96,200
Real estate brokers' commission = $3300
Cost of demolition of old building = $7200
Proceed from salvage of demolition = $1500
Cost of land to be recorded using historical cost principle
= $96,200 + $3300 + $7200 - $1500
= $105,200
Option c. $105200 is right.
Answer: The correct answer is "A. research and development".
Research and development are <u>NOT</u> considered as one of the three primary functions that all organizations perform.
Explanation: The basic operating cycle of a company is buy-sell-collect-pay. In some cases, companies can produce the good they sell or directly re-sell it. This implies production, operation and marketing activities to increase sales and for an adequate control of these you need accounting.
Only in particular cases do companies engage in research and development, but it is not something basic.