Answer:
$74.00
Explanation:
Data provided in the question:
Total amount invested = $14,800
Management fee = 0.50 percent of the total asset value
Now,
Total Asset Value = Amount Invested
Thus,
Total Asset Value = $14,800
Therefore,
Management Fee = 0.50% of $14,800
or
Management Fee = 0.50% × $14,800
or
Management Fee = $74.00
Answer: A sales-type lease without a selling profit.
Explanation: A sales-type lease without a selling profit is a type of lease where the initial direct costs are deferred and expensed over the lease term.
The expenses to be deferred and expensed includes:
1. costs associated directly with consummating a lease
2. costs essential to acquire the lease
3. costs that would not have been incurred had the lease agreement not occurred.
These can be achieved by not recording the prepaid expenses in the books separately but calculated with the lease receivable.
Answer:
Positive; Positive
Explanation:
The specific factors model was developed by Paul Samuelson and Ronald Jones where labor is defined as a mobile factor while land is specific factor.
In the specific factors model, the effects of trade on welfare overall are positive and for fixed factors used to produce the exported good they are positive."
Option C. The type of retirement plan that the individual would have to make the maximum contribution is the sep ira.
<h3>What is the retirement plan?</h3>
This is the term that is sued to refer to the plan that is done in such a way that it has to help a person to take care of their post retirement. This is done through the saving of money in such a way that it would help to take care of the periods that they have become old and no longer working.
Hence the SEP IRA is also called the simplified employee pension plan. Therefore the type of retirement plan that the individual would have to make the maximum contribution is the sep ira.
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Answer:
The correct answer is option b.
Explanation:
A steep demand curve implies that the demand is relatively inelastic. In other words, a significant change in price will cause a small change in the quantity demanded.
A flatter demand curve, on the contrary, implies that a small change in price will cause a greater change in quantity demanded. In other words, demand is relatively elastic.
A change in price will not cause demand to change if the elasticity of demand is perfectly inelastic or when the demand curve is a vertical line.
A change in demand will be equal to the change in price if demand is unitary elastic.