<span>(30 * (10*100*6) * .08 ) / 1000 = Cost of electricity is $14.40</span>
Answer:
Hyperinflation
Explanation:
Hyperinflation is when general price levels increase by more than 50% in a month over a given period of time.
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Answer:
a. The value of shareholder's equity account for this firm is $16,600.
b. The net working capital for Wims Inc. is $1,500.
a. We start off by looking at the Accounting Identity:
Since
and
We can rewrite this accounting identity as follows:
----- (1)
Plugging in the values from the question in (1) above we get,
b. The formula for Net Working Capital is: