Answer:
department 1: $18,000
department 2: $42,000
department 3: $40,000
Explanation:
total annual rent expense $100,000
total rented space 10,000 sq ft
first we must calculate the rental cost based on comparable floor space:
(1,500 x $15) + (3,500 x $15) + (5,000 x $10) = $22,500 + $52,500 + $50,000 = $125,000
now we allocate costs on the following proportion: $100,000 / $125,000 = 0.8
department comparable rent proportional cost total
1 $22,500 0.8 $18,000
2 $52,500 0.8 $42,000
<u>3 $50,000 0.8 $40,000</u>
total $125,000 $100,000
Reactive change <span>means responding to pressure after a problem has arisen.</span>
Answer:
Microeconomics
Macroeconomics
Macroeconomics
Explanation:
Microeconomics studies how individuals and firms make decisions in allocating scarce resources.
Some of the topics studied in microeconomics are :
marginal utility
Demand and supply
Elasticity of demand and supply
Market structures
Macroeconomics studies the economy as a whole.
Macroeconomics concepts include:
national income
gross domestic product (GDP)
inflation
unemployment
The effect of a cigarette tax on the quantity of cigarettes sold studies the microeconomic concept of demand and supply.
The effect of a large government budget deficit on the economy's price level and the optimal interest rate for the Federal Reserve to target studies macroeconomics concepts
I hope my answer helps you
Answer:
For year 1, present value is $9,821.43
For year 2, present value is $19,132.65
For year 3, present value is $25,624.09
Explanation:
Please refer to the attached file
