Which of the following statements is generally true about change in the workplace ? a ) Most people accept change easily . b) Smart companies can avoid change altogether. c) Change in the workplace fairly infrequently d) Individuals can learn to manage the change in their lives.
Answer:
ex ante real interest rate.
Explanation:
According to Fisher effect the expected inflation rate will affect indices like nominal interest rate, current prices of goods, and the demand for money.
However it does not affect the ex ante real interest rate.
The Fisher effect shows how real interest rate is related to nominal interest rate.
Real interest rate = Nominal interest rate - Expected inflation rate
Ex ante real interest rate is the anticipated real interest rate in the future.
This is not considered in the Fisher effect
<span>it only takes one
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exclusions apply
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Answer:
The journal entry to record depletion is :
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
Explanation:
<em>Depletion Expense = Depletion rate × units extracted during the year</em>
where,
<em>Depletion rate = (Cost - Salvage Value) ÷ Estimated total units</em>
Therefore,
Depletion rate = ($404,000 + $101,000 + $80,800 - $161,600) ÷ 4,040 tons
= $ 105 per ton
Therefore,
Depletion Expense = $ 105 per ton × 707 tons
= $74,235
<u>Journal Entry :</u>
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
It should generate another major event around 2050-2060