It was theorised by some conflict theorists that the education had made the students socialise into values dictated by the powerful. Furthermore, these conflict theorists believe that there would always be groups that would impose dominance to the less powerful in the society.
Answer:
First National Bank = 14.6%
First United Bank.= = 14.8%
Explanation:
<em>Effective annual rate is the equivalent annual rate o where interest rate is compounded at an interval shorter than a year.</em>
It can be calculated as follows:
EAR = ( (1+r)^(n) -1) × 100
r -interest rate per period
n- number of period
EAR - Effective annual rate
First National Bank
r - interest rate per month = 13.7%/12 = 1.141%
number of period = 12 months
EAR =( (1+011141)^(12) - 1) × 100
= 0.145938395 × 100
= 14.59
= 14.6%
First United Bank.
r- interest rate per quarter - 14%/4 = 3.5% per quarter
n- number of quarters = 4
EAR = ((1+0.035)^(4)- 1) × 100
= 0.147523001 × 100
= 14.8%
Answer:
Tax multiplier= 2,9
Explanation:
Tax multiplier represents the multiple by which gross domestic product (GDP) increases (decreases) in response to a decrease (increase) in taxes.
In the simple version of tax multiplier, it is assumed that any increase or decrease in tax affects consumption only (and has no effect on investment, government expenditures, etc.)
The formula is:
TMs=MPC/MPS=MPC/(1-MPC)
TMs= is the simple tax multiplier;
MPS= marginal propensity to save (MPS); and
MPC= marginal propensity to consume.
In this exercise, we do not possess the required information to use the general formula.
We need to use an alternative formula:
Decrease in taxes= change in GDP/tax multiplier
tax multiplier= change in GDP/Decrease in taxes
tax multiplier= 130,5billion/45billion=2,9
Revenues should be recognized when available and measurable.
Answer:
$0.25 per mile
Explanation:
The computation of the depreciation expense per mile under units-of-activity method is shown below;
= (Purchase cost - expected salvage value) ÷ estimated driven miles
= ($26,000 - $1,000) ÷ 100,000 miles
= $0.25 per mile
Hence, the depreciation expense per mile under units-of-activity method is $0.25 per mile
