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3 years ago

Which of the following statements is correct?

Business

1 answer:

Gwar [14]3 years ago

8 0

Answer:

C) For a closed economy, the sum of private saving and public saving must equal investment.

Explanation:

In a closed economy, public savings (or budget surplus) = tax revenue - government spending

Private savings = aggregate spending - taxes + government transfers - private consumption

National savings = investment = public savings + public savings

For a closed economy, the savings-investment spending identity states that national savings and investment spending are always equal.

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How do countries develop a comparative advantage over their trading

GrogVix [38]

A would be the correct answer

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2 years ago

Read 2 more answers

Who was the first human beings

denpristay [2]

Answer:

there is not first human beings but I hope this will help you

Explanation:

The earliest members of the genus Homo are Homo habilis which evolved around 2.8 million years ago. Homo habilis has been considered the first species for which there is clear evidence of the use of stone too

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3 years ago

Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company retur

Oksi-84 [34.3K]

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

5 0

3 years ago

You want to buy a new sports coupe for $75,500, and the finance office at the dealership has quoted you a 7.9 percent APR loan f

MAVERICK [17]

Answer:

$1,295.03

Explanation:

To find the answer, we will use the present value of an annuity formula:

PV = A ( 1 - (1 + i)^-n) / i

Where:

PV = Present Value of the investment (in this case, the value of the loan)
A = Value of the Annuity (which will be our incognita)
i = interest rate
n = number of compounding periods

Now, we convert the 7.9 APR to a monthly rate. The result is a 0.6% monthly rate.

Finally, we plug the amounts into the formula, and solve:

75,500 = A (1 - (1 + 0.006)^-72) / 0.006

75,500 = A (58.3)

75,500 / 58.3 = A

1,295.03 = A

Thus, the monthly payments of the car loan will be $1,295.03 each month.

8 0

3 years ago

Corn Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is consideri

svet-max [94.6K]

Answer:

1. 6.52 years

IRR = 10.93%

NPV = $9,851.30

4. yes

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

$215,000 / $33,000 = 6.52 years

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV and IRR can be calculated using a financial calculator

Cash flow in year 0 = $-215,000

Cash flow each year from year 1 to 12 = $33,000

I = 10%

NPV = $9,851.30

IRR = 10.93%

The project is acceptable because the IRR is greater than the cost of capital

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

and the NPV is positive

5 0

3 years ago