Answer: $280,000
Explanation:
Maple owns 75% of the subsidiary and the Non controlling interest which owns 25% in the subsidiary was assigned an income of $25,000 from the subsidiary.
The income of the subsidiary is;
0.25x = 25,000
x = 25,000/0.25
x= $100,000
If both Maple and the subsidiary reported $380,000, Maple's separate income is;
= 380,000 - 100,000
= $280,000
Answer:
The correct answer is d) doldrums
Explanation:
Doldrums: Are winds of the north of the equator between the northern and southern trade winds in the oceans
Answer:
He must invest $36,751
Explanation:
Future value is the sum of value of principal invested and compounded return received over the investment period.
Using following formula of future value to calculate the required interest rate.
FV = PV x ( 1 + r )^n
FV = Future value = $50,000
n = number of years = 4 years
r = Interest rate = 8%
PV = Present value = ?
$50,000 = PV x ( 1 + 8% )^4
$50,000 = PV x ( 1 + 0.08 )^4
$50,000 = PV x ( 1.08 )^4
$50,000 = PV x 1.3605
PV = $50,000 / 1.3605
PV = $36,751.19
Answer: a. unemployment.
Explanation:
If a union manages to raise the wages of its members but this wage is above the equilibrium, it will lead to the producers making less than they are supposed to due to higher input costs.
They will therefore seek to reduce their input costs and they will do so by hiring less people and letting go of some of the workforce. This will reduce their input costs and bring them back to equilibrium but will lead to unemployment in the nation.
Answer:
That is true as far as I can tell
Explanation:
As Reported Data is published at a daily frequency (regardless of the frequency of the underlying indicator) allowing correlations to be made easily between macroeconomic indicators and daily financial series