Answer: $138545
Explanation:
Given the above information, Johnson's AGI is calculated below:
Gross income = $274000
Less: Business expenses = $44750 + $50700 + $19900 = $115350
Less: Rental expenses = $8690
Less: Self employed health insurance = $4690
Less: Self employed taxes = $1345
Less: Alimony = $5380
AGI = $138545
Answer:
12.16%.
Explanation:
Standard Deviation is a financial metric that is used to quantify risk. It is used for risk management strategies. One of the main uses of Standard Deviation is to calculate the Value at Risk for a Portfolio, which is the minimum/maximum loss that a portfolio can incur over a given period of time. The formula that is used to calculate the Standard Deviation of Portfolio is attached.
Standard Deviation of Portfolio =
= 12.16%.
Answer:
27 days
Explanation:
The computation of the days of inventory is given below:
= 365 days ÷ inventory turnover ratio
= 365 days ÷ ($12,896 million ÷ $952 million)
= 365 days ÷ 13.55
= 27 days
We assume that the inventory i.e given in the question is average inventory
Answer:
decreases by 10%
Explanation:
real wage = nominal wage - inflation rate
if nominal wage decreased by 4% and inflation was 6%, then:
real wage = -4% - 6% = -10%
Real wages are nominal wages adjusted to inflation. Inflation represents a rise in the general price level which decreases the purchasing power.
Answer:
The validity of this assertion depends on the usage of these resources.
Explanation:
The answer to this question lies on how the available resources are spent. In a situation where resources are spent on the production of goods that have short lifespan of about 3 years with little or no capital production, it becomes a problem for future generations.
On the other hand, if a society uses the resources it has for the production of capital goods and for the sake of research purposes, future generations would benefit and be better off because economic growth would be faster.
