Answer:
$2,080 is the correct answer to the given question .
Explanation:
As mention in the question the deposited amount of $2000 was in the year the July, 1, 1999 up to the on the January 1, 2000 it means it takes 1/2 year or 6 months.
Time-weighted rate of the return in the year 1999 is the 8.0%
however it has been spent for the six months, it means the 4% in the 6 month
So the cost of the fund before the investment can be determined by
= 
= $2080
Therefore the balance of the fund on the year July 1, 1999= $2080
Answer:
a. more deadweight loss and less revenue
Explanation:
Sales tax increases the price of a good or service.
Demand is elastic if a small change in price has a greater effect on the quantity demanded.
If a sales tax is imposed on a good or service, the price of the good would increase and become more expensive. This would lead to a fall in quantity demanded and an increase in deadweight loss and a loss of revenue.
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Answer:
How will this purchase impact the accounting equation of Perfect Printers at the time of the purchase?
An increase in the assets by $200,000 and a similar increase in liability by $200,000
Explanation:
The accounting equation is the foundation for the double enter system of account balancing. In this system, the amount of debits are entered on one side as the corresponding credit is entered on the other side. Then the total credits are added and compared to the sum of the debit. When the credit equals the debit, the accounts balance. The accounting equation can be expressed as;
A=L+E
where;
A=assets
L=liabilities
E=owner's equity
Lets enter the transaction as shown;
Account type Asset Liability
Printing machine $200,000
Cash $200,000
Total $200,000 $200,000
An increase in the assets by $200,000 and a similar increase in liability by $200,000
Answer:
Bakeries are known for turning raw goods into things like bread