Answer:
Real GDP in 2012 is $92
GDP in 1990 is $51
GDP in 2012 is $86
Explanation:
In this question, we apply the produced goods amount formula which is
= Price × Quantity produced
For Real GDP in 2012, the computation is
= (1990 Papaya price × Quantity produced in 2012) + (1990 fish price × Quantity produced in 2012) + (1990 skirts price × Quantity produced in 2012)
= ($1 × 20) + ($0.60 × 20) + ($4 × $15)
= 20 + 12 + 60
= $92
GDP in 1990 is
= (1990 Papaya price × Quantity produced in 1990) + (1990 fish price × Quantity produced in 1990) + (1990 skirts price × Quantity produced in 1990)
= ($1 × 10) + ($0.60 × 15) + ($4 × 8)
= 10 + 9 + 32
= $51
GDP in 2012 is
= (2012 Papaya price × Quantity produced in 2012) + (2012 fish price × Quantity produced in 2012) + (2012 skirts price × Quantity produced in 2012)
= ($0.50 × 20) + ($0.80 × 20) + ($4 × 15)
= 10 + 16 + 60
= $86
Answer:
True
Explanation:
In this question, we have to find out the present value which is shown below:
= Annual payment × PVIFA for 5 years at 6
%
= $2,000 × 4.2124
= $8,424
Refer to the PVIFA table
Basically we multiply the annual payment with the PVIFA to allow the exact amount to arrive. The present value comes after taking the discount rate into account for the number of periods
Answer:
Lowered throughout 1990 s; labor force participation rate
Explanation:
The recession of 1990-1991 which lasted for 8 months elevated unemployment rate to 8.1% in 1992, but following 1990 s expansion fell to 4.6% in 2001. Increase in labor force participation, mainly with Baby Boomers generation, which was in its prime ( ages between 37 and 55 in 2001) lead to positive growth in the 90 s. There were numerous other reasons like:
- significantly lower oil prices between mid-to-late 1990 s
- reform of welfare system, which significantly reduced the time users can receive aid
- more egalitarian tax structure
- job growth associated with informational technology revolution
Answer:
<u> Reportable Segments </u>
(a) Revenue test. W and Y
(b) Operating profit (loss) test. W, X and Y
(c) Identifiable assets test. W and X
Explanation:
Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.
The explanation of the answers is now given as follows:
Note: See the attached excel file for the determination of the operating segments which are reportable (in bold red color).
Note that the criterion is that a segment is reportable if it contains an amount that is greater than 10% of the total amount. Otherwise, it is nonreportable.
Based on this criterion, we have the following from the attached excel file:
<u> Reportable Segments </u>
(a) Revenue test. W and Y
(b) Operating profit (loss) test. W, X and Y
(c) Identifiable assets test. W and X
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
xlsx
</span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
pdf
</span>
Answer:
$4,541.67 per month.
Explanation:
From the question above, we see that the interest rate is 18%, therefore:
0.18 X 25,000 = 4,500 interest for one year.
But the loan is for 6months, that's half a year, therefore we have:
4,500 / 2 = 2,250 will be paid as interest for 6months.
The total amount paid monthly will therefore be spread evenly over 6months thus:
(2,250 + 25,000) / 6 = $4,541.67 will be paid per month.
The florist can handle this loan because she wants to complete the sale of an unused property.