Completely True!
better say that the Person is late to do Researches!!
Answer:
3.17 years
Explanation:
We can calculate the duration of Investment by duration formula,
Duration= Sum of (PV of each cashflow x year)
PV of each cash flow can be understood as Dolar return % given in the Question.
Year1 Year2 Year3 Year4
Duration= (12% x 1) + (18% x 2) + (11% x 3) + (59% x 4)
Duration= 0.12 + 0.36 + 0.33 + 2.36
Duration= 3.17 years
Note: (100%-12%-18%-11%)59% can be calculated as the remainder of 100% after deducting each year's %.
Answer:
d. $72000
Explanation:
Raw material account is an asset account and a part of inventory. Addition in this account will be depicted by a debit to the raw material account and a credit to either cash or accounts payable. This account is credited when raw material is requisitioned for use in production. Thus the credits that will be entered during December will be the amount of raw material requisitioned which is $72000.
Answer:
a. Jia's cost associated with going out to dinner with her friend
= $58
b. Jia's benefit associated with going out to dinner with her friend
= $47
Explanation:
a) Data and Calculations:
Expected cost of meal = $40
Tips (20%) 8
Transport to & from = 10
Total cost of going out = $58
Benefits with going out:
Value of restaurant meal = $25
Amount Jia is willing to pay = $30
Less of eating at home ($8)
Total benefits with going out $47
Answer:
Efficiency and equality.
Explanation:
When a society strives to get the most it can from its scarce resources(enhancing the efficiency) and at the same time attempts to distribute the benefits of those resources to the members of the society in a fair manner(Equality in resource distribution). So, the society does a tradeoff between efficiency and equality.
