Answer:
$87,710.87
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $100,000
Rate of interest = 10%
NPER = 10 years
PMT = $100,000 × 8% = $80
00
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $87,710.87
Given :
* Population: all adult residents in the suburb
* Sample: the 50 residents selected
* Statistic: 30% (percentage of people who would be opposed to the tax increase in the sample) 50 x .30 = 15 indicated that they would be opposed.
Answer: Sell government bonds and raise the discount rate
Explanation:
Fed uses open market operations for controlling the money supply in the economy. If fed wants to create a tight money market then it should sell the government securities to the public which will reduce the money supply in the economy. It is known as contractionary monetary policy.
Discount rate is defined as the interest rate on the discounted loan. If there is an increase in the discount rate then it will be more expensive for the banks to borrow from Fed and hence they borrow less. This will decrease the lending capacity of the banks which reduces the money supply in an economy.
Therefore, Sell government bonds and raise the discount rate are the best ways to contract the money supply.
Based on the various entries for fixed assets owned by Dynamic Resources, the net PP&E as of June 30, 2017 is $2,260 million.
<h3>How much is the PP&E as of June 30, 2017?</h3>
This can be found as:
= (Value of old assets - Old asset depreciation in 2017) + (Value of new assets - New asset depreciation in 2017)
Value of old assets:
= 1,600 - 200 for sale of assets - 250
= $1,150 million
Net PP&E is:
= (1,150 - (1,150 / 10 years)) + (1,400 - (1,400 / 8 years useful life))
= $2,260 million
Find out more on calculating the net PP&E at brainly.com/question/17218845.
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Answer:
Book value of equity = $109,554,000
Explanation:
Given:
Equity in balance sheet = $106,554,000
Net income = $3,000,000
Find:
Book value of equity
Computation:
Book value of equity = Equity in balance sheet + Net income
Book value of equity = $106,554,000 + $3,000,000
Book value of equity = $109,554,000