Answer:
Option "B" is the correct answer to the following statement.
Explanation:
The rise in the labor workforce would raise the productive output of capital in a specific Cobb – Douglas output method, and it will raise the actual rental price of resources.
The gross amount of capital would also rise in the output of Cobb-Douglas if the volume of labor grows.
Under this function, human capital will help in the production of the product, human capital and marginal production are directly proportionate to each other.
Answer: $3,580.30 (converted to 2decimal places).
Antwone need to deposit " $3,580.30008” into the account each semi-annual period in order to take his vacation in 2 years
Explanation:
By using compound interest formula below to solve the question
A = p ( 1 + r/n)^nt
A = amount (future value)= $3,800
P = principal (present value) ?
r = annual nominal rate = 3%= 0.03
n = today number of compounding years = semiannually (2 interest payments period in a year) = 2
t = time in years =2
3,800 = p ( 1 + 0.03/2)^2(2)
3,800 = p ( 1 + 0.015 )^4
3,800 = p ( 1.015 ) ^4
3,800 = 1.06136355 p
divide both sides by 1.06136355
p = 3,800 / 1.06136355
p = $3,580.30008
≈$3,580.30 ( rounded off to 2d.p)
Answer:
The amount of depreciation expense the lessee should record for the first year of the lease is $108,000
Explanation:
To calculate the depreciation expense for each year the first thing you have to do is to substruct from the initial value the fair value at the end fo the lease, obtaining this way the depreciable amount.
For this case it would be:
$810,000 - $270,000= $540,000
Then you have to divide the depreciable amount by the years of the term the lease.
$540,000/5= $108,000
Answer:
C. $454,000.
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid
$375,000 = $0 + net income - $79,000
So, the net income would be
= $375,000 + $79,000
= $454,000
The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning
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