Answer:
you would believe that the exact inflation rate will be 4.02% for the next year.
Explanation:
exact inflation rate = (1 + nominal return)/(1 + real return) -1
= 1.138/1.094 -1
= 4.02%
Therefore, you would believe that the exact inflation rate will be 4.02% for the next year.
Answer: I must invest <u>$68,163.04</u> today to buy a Ferrari 10 years from now.
We can interpret the data in the question as follows.
We need $185000 after 10 years, so this is the Future Value of an investment made today. We have to calculate the amount to be invested.
We need to use the Present Value formula in order to find the amount to be invested.
The formula is :
Substituting the values we get,
Answer:
Dynamic Weight Loss Co.
DYNAMIC WEIGHT LOSS CO.
Classified Balance Sheet as of June 30, 20Y7
Assets
Current Assets:
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Total current assets $171,330
Long-term Assets:
Land 375,000
Equipment 325,900
Accumulated Depreciation (32,600) 293,300
Total long-term assets $668,300
Total assets $839,630
Liabilities and Equity
Current Liabilities:
Accounts Payable $10,830
Salaries Payable 7,500
Unearned Fees 21,000
Total current liabilities $39,330
Equity:
Common Stock 180,000
Retained Earnings 620,300
Total equity $800,300
Total liabilities and equity $839,630
Explanation:
a) Data and Calculations:
Trial Balance as of June 30, 20Y7
Account Titles Debit Credit
Cash $119,630
Accounts Receivable 26,100
Prepaid Insurance 8,400
Prepaid Rent 6,000
Supplies 11,200
Land 375,000
Equipment 325,900
Accumulated Depreciation - Equipment $32,600
Accounts Payable 10,830
Salaries Payable 7,500
Unearned Fees 21,000
Common Stock 180,000
Retained Earnings 620,300
Total $872,230 $872,230
Answer:
Option (C)
Explanation:
As per the data given in the question,
Price of salt increases by = 25%
Quantity of pepper demanded increases by = 4%
Cross price elasticity = Quantity of demand increases ÷ Price of salt increases
= 4% ÷ 25%
=0.16
Hence Cross-price elasticity of demand between salt and pepper would be positive.
So option (C) is answer
Answer:
a practice that may have longer term implications on the ethics of personal privacy
Explanation:
Cookies are a tool that is used on websites to identify user browser history.
The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.
Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.
Cookies save information about a user session by storing data like usernames.
There is a long term danger of having one's browsing history tracked without their consent
