Answer:
The result of the disposal transaction is neither a loss or a profit
Explanation:
The expression for the book value is as shown;
B.V=P.C-A.D
where;
B.V=book value
P.C=purchase cost
A.D=accumulated depreciation
In our case;
B.V=unknown
P.C=$48,000
A.D=$31,000
replacing;
Book value=48,000-31,000=$17,000
The profit or loss from the sale of the machine, can be expressed as;
profit/loss=sales price-book value
where;
sales price=17,000
book value=17,000
profit/loss=17,000-17,000=0
The result of the disposal transaction is neither a loss or a profit
Answer:
The lower than expected inflation would benefit the union and not benefit Friendly Airlines.
B. Variable inflation is associated with high transaction costs
Explanation:
Inflation is a persistent rise in the general price levels.
It was expected that inflation would increase by 3% and because of that expectation, wages were increased by 5%.
As it turns out, inflation only increased by 2%. If employers were aware that inflation would increase by only 2%, the increase in income would have been 4%.
As a result of this, the company ends up paying more to workers and workers and up earning more. So, the union benefits while the airline is at a disadvantage.
Because of the uncertainty of inflation, the union dedicates high amount of resources to monitor its movements. This shows that there is a high cost associated with the uncertainty of inflation.
I hope my answer helps you
B) Unlawful Bribery
Bribe means to give money for illegal work and unlawful means against the law.
Answer:
Financial Markets by Coursera
Explanation:
The annual interest rate is 11.803%.
Assumptions:
- Interest is compounded annually.