According to Rule of 72, an amount of investment equal to $5,000 with an investment interest with an average of 6 percent will only take 12 years to double the value. The price will be equal to $10,000 after 12 years.
Answer:
b
Explanation:
Do not let them know you hear them! Think of them as walls. You cant hear them!
Answer:
C. Proceeds from the disposal of a long-term asset with no gain or loss.
Explanation:
Operating activities: it involves those transactions that after net income written impact the working capital. It would subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and an increase in current liabilities.
It would adjust the changes in working capital. In addition, the depreciation expense adds to the net revenue. And the loss on asset sales is added, while the gain on asset sales is deducted
Answer:
C. increase by about 6 percent.
Explanation:
Since,
Sales = $ 120,
Original expenses = $ 65
Thus, contribution margin ratio = 
New expenses = $ 58,
Thus, contribution margin ratio = 
∵ 52 - 46 = 6,
Hence, the CMR is increased by 6%.
OPTION C is correct.
Answer:
D. today's dollars; purchasing power
The nominal value of anything is it's current price or the dollar amount someone is paying for it. For eg if the price of a kg of rice is $3, its nominal value is also $3. The real value is expressed in terms of purchasing power which means that the amount of goods and services that you can purchase from a particular amount of money today compared to a base year in the past. So for example if the base year is 5 years ago and the price of a kg of rice was $1.5, the real value of $3 would be 2 kgs of rice, where as currently if the price of a kg of rice is $3 then the real value of $3 is 1 kg of rice. As purchasing power decreases the real value of money decreases.
Explanation:
