Answer:
14.57%
Explanation:
Data provided in the question:
Purchasing cost of the property = $200,000
LTV = 80%
Time, n = 5 years
owner's equity = $80,000
Now,
Loan amount = Purchasing cost × LTV
or
Loan amount = $200,000 × 80%
or
Loan amount = $160,000
Thus,
Annual EAHE =
or
Annual EAHE =
or
Annual EAHE = 0.1487
or
Annual EAHE = 0.1457 × 100% = 14.57%
<span>The correct answer should be 2 and 4. Physical capital investing doesn't necessarily mean that there will be an increase in production, while import increase is bad for the economy because what you want is to export. Reducing the defense budget doesn't make your economy grow. Investing in human capital means that you help people educate so they can work better and produce more and come up with new things, and engaging in international trade makes your economy stronger too.</span>
Answer:
Steelers Inc.
a) Journal entries:
Sept. 12
Debit Available for Sale Investment $133,200
Credit Cash Account $133,200
To record investments in the common stock of Bengals Inc., 11,110 shares at $12 per share.
Dec. 31:
Debit Unrealized Loss on Available for Sale Investment $22,200
Credit Available for Sale Investment $22,200
To record the fair value of the investment.
b) The unrealized gains and losses are included in other comprehensive income within the equity section of the balance sheet.
The loss will, therefore, be deducted from other comprehensive income.
Explanation:
Investments held for sale are accounted for at fair value. This implies that at the end of any accounting period, the fair value of the investments will be determined. This is usually the market value. Then, adjustments are made in the asset account according to the fair value. There will be recognized either unrealized gain or loss, which are taken to other comprehensive income in the balance sheet under the equity section.
Answer:
B. False
Explanation:
People with high assertiveness respect themselves because they are very willing to defend their interests. They can freely express their thoughts and feelings. Since they are aware of their rights and others', they always work to resolve conflicts. But cultures with low assertiveness tend to allow others to manipulate them while displaying low self-esteem.
Answer:
Price elasticity of demand measures how much the quantity increases when price decreases.
Explanation:
Price elasticity is the percentage change in the quantity demanded, divided by the percentage change in the price.
If the percentage in the change in the quantity demanded is bigger than the percentage in the change of the price we talk about elastic demand.
If the percentage in the change in the quantity demanded is smaller than the percentage in the change of the price we talk about inelastic demand.
And if he percentage in the change in the quantity demanded is excatly the same than the percentage in the change of the price we talk about unit elastic demand.