Answer:
a.the price level is higher than expected making production more profitable.
Explanation:
The sticky wages shows that the output increases if the price level is higher because an increase in price level increases the profitability and the increased profitability increases output.
Answer:
Missing word <em>"You are now 18 years old and are allowed to withdraw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate."</em>
a. At 18 years, future value of current amount (compounded for another 7 years at 8%)
= $3,996 * (1.08)^7
= $3,996 * 1.7138
= $6,848.34
b. At age 65, future value of this amount (compounded for another 40 years at 8%)
= $6,848.44 * (1.08)^40
= $6,848.44 * 21.7245
= $148,779.93
c. Future Value = Present Value * (1 + Interest Rate)^n
So, let initial the money deposited be represented by Y
=> $3,996 = Y * (1.08)^18
=> $3,996 = Y * 3.996
Y = $3,996 / 3.996
Y = $1,000
Answer:
$1.75
Explanation:
Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)
Earnings per share to be reported = $1.82 * 96%
Earnings per share to be reported = $1.7472
Earnings per share to be reported = $1.75
So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.
Answer:
a) $1,000
Explanation:
Early Settlement Discount
This form of quotation is common with suppliers offering their customers deferred payment arrangement in a sale contract. Usually, under this arrangement customers are allowed to purchase goods on credit and settle their acccount at a specified later date.
However, to encourage customers to pay up their outstanding earlier than expected, suppliers do offer early settlement discount as incentives to induce prompt payment.
A quotation of 2/10, n/30
This implies that the customer is a given a 30-day period from the date of purchase within which he is expected to settle his account. However, if he does so within the next 10 days of purchase he will be given a 2% discount.
<em>Applying this to the question, the purchase date is August 1, the the latest date for which account is settle to qualify for early settlement discount will be 11 days i.e (1+10) .</em>
Since the payment will be made on August 12, no cash discount will received. Therefore, a payment of gross amount of $1,000 would be credited to the cash account.
<span>Because
users often neglect to create strong passwords, some organizations
choose to also employ biometric
authentication using
fingerprint scans or retina scans.</span>
Biometric
authentication is a security feature used in computer science that
relies on biometric identifiers, measurable characteristics of the
human body, to enhance the processes of authentication.
