Using the cpi in 2013, of 233 and in 1998 of 163, divide 233/163=1.43 x 100=$143 the cost in 2013 of the same baby shower item as in 1998. In other words the purchasing power of the $1 decreased over this time period to account for this.
Answer:
According to Tyler the accountant the costs are $25,900 and Greg says the costs are $66,500.
Explanation:
COST AS PER TYLER -
According to Tyler( accountant) , Walters accounting cost will include the expenses which have been incurred on the painting business, so it will include the expenses paid by Walter on supplies and the interest he pays to his uncle.
Accounting cost = $25,000 + $30,000 x 3%
= $25,000 + $900
= $25,900
COST AS PER GREG -
According to Greg (economist) , Walters economic cost will include both the explicit cost and implicit cost. The explicit cost is $25,900 and the implicit cost is the opportunity cost which will include the interest that Walter could have earned on savings account and the salary as a teacher.
Economic cost = $25,900 + $40,000 + $20,000 x 3%
= $25,900 + $40,000 + $600
= $66,500
<span>Answer: White Flight<span>
</span><span>Killearn was a community predominated by whites. However, due to an increasing number of black residents who moved to the area, many of the whites moved out. This is an example of white flight. </span></span>
White flight is a term that originated in the United States<span>, in the 1950s and 1960s, and was applied to the large-scale migration of white European </span>people from racially mixed urban regions to more racially homogeneous suburban regions<span>. Today, it means migrations by whites from one place t-o another due to various reasons (like crimes, state policies, racism </span>
Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.
The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.
The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.
- Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
- It is also a general service agreement term used in place of a firm deliverable commitment.
- The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.
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