<span>GDP per capita is not a good measure of the standard of living because there is no attention paid to the price level in GDP per capita. For example, your GDP could be really high such as in places like Japan(largest economy in the world at the moment) so their GDP per capita is high. However, their cost of living is also very high(due to lack of land area) leading to a low standard of living.</span>
Answer:
The correct answer is letter "E": is generally more desirable to companies than collection float.
Explanation:
Disbursement floats refer to the amount of money a company has spent but has not been discounted from its account yet. This usually happens when the company makes wire transfers to different banks or issues checks that take to clear some days.
<em>Disbursement floats are preferred for a company compared to collection float since the latter is based on debts that the firm has not been able to pay yet while disbursement floats are just the result of unfinished transactions the company has already taken responsibility for.</em>
Answer:
Assume that no new production was involved in this transaction.
Wealth was created because the value of your willingness to sell was _____ (equal to, less than, greater than) the buyer's willingness to pay.
Suppose you sold the car for $18,000.
If the minimum price, or "bottom line," you would accept for the car is $10,000 and the most the buyer is willing to pay is $25,000.
Explanation:
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Answer:
The correct answer is 18.84%.
Explanation:
According to the scenario, computation of the given data are as follows:
Time period ( Nper) = 18 years
Rate = 9.625%
Let FV = $1,000
Coupon rate = 7.625%
Then, Coupon payment = $1,000 × 7.625% = $76.25
Attachment is attached of financial calculator
So PV = $831.95
After 1 year
Time period (Nper) = 17 years
Rate = 8.625%
Payment = $76.25
Attachment is attached of financial calculator
So, Pv = $912.46
So, we can calculate the holding period return by using following formula:
Holding period return = Total return ÷ Investment × 100
= ( $912.46 + $76.25 - $831.95) ÷ $831.95 × 100
= 18.84%
