Answer:
agrarian economy
Explanation:
Agrarian economy is not a type of economy as there is no one single country were all its GDP is produced just by agricultural trade, the most relevant concept is <u><em>agrarian society</em></u>, and in this the society is highly dependable on agricultural products in order to derive income.
Answer:
(c)Terry should report profit from his business of $250,000
Explanation:
Before computing the actual solution, first, we have to compute the net income of both the parties
For Terry = Gross revenue - employees salaries - rent and utility expenses
= $500,000 - $200,000 - $50,000
= $250,000
For Jim = Gross revenue - cost of goods sold
= $500,000 - $125,000
= $375,000
The other item values would not relevant for deduction. Hence, ignored it
Therefore, option c is correct.
Answer:
It will take up to 3 years for the total interest to exceed $5.00
Explanation:
The future value of an investment whose interest is compounded continuously can be expressed as;
A=P e^(rt)
where;
A=future value of the investment
P=initial value of investment
r=annual interest rate
t=number of years
In our case;
A=Initial value+interest=(100+5)=$105
P=$100
r=2.4%=2.4/100=0.024
t=unknown
replacing;
105=100 e^(0.024 t)
e^(0.024 t)=105/100
e^(0.024 t)=1.05
ln {e^(0.024t)}=ln 1.05
0.024 t ln e=ln 1.05
but ln e=1
0.024 t=ln 1.05
t=ln 1.05/0.024
t=2.03 years rounded up=3 year
It will take up to 3 years for the total interest to exceed $5.00
<span>A manufacturing process is a set of methods and technologies used in the production of a good or service. The manufacturing process is extremely important because it is one of the final stages in making sure the product is put together as designed and turns out the way the company wants. If something goes wrong within the manufacturing process, the company could lose a lot of products and money. </span>
