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marin [14]
2 years ago
14

Use the following information to answer the next three questions.

Business
1 answer:
nalin [4]2 years ago
6 0

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

FV = PV(1+r)^n

PV = 800

discount rate; r = 12% or 0.12

total duration of investment; n = 3

therefore; FV = 800(1+0.12)^3

FV = 800 * 1.404928

FV = 1123.94

To the nearest whole dollar, the amount will grow to $1,124

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dusya [7]

a. The point on the graph shows that if the country produces 8 million alarm clocks, it can only produce 16 million DVD movies is point B.

b. The point on the graph that shows if the country produces 6 million DVD

movies, it can produce 20 million alarm clocks is point D.

c. If the country produces 25 million alarm clocks, the number of DVD movies it can produce is 0.

d. If  the country produces 20 million DVD movies, the number of alarm clocks it can produce is 0.

e. The number of alarm clocks it can produce is 15 million.

f. Point G on the graph represents inefficient production.

g. Point F on the graph show unattainable production levels.

<h3>What is the production possibility curve?</h3>

The production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  The PPC is concave to the origin.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources Points inside the production possibilities curve means that the nation's resources are not being fully utilised.

For more information about the production possibility curve, please check: brainly.com/question/25774783

6 0
2 years ago
How should a loss contingency that is reasonably possible and for which the amount can be reasonably estimated be reported
guajiro [1.7K]

Answer:

as a footnote in financial statements or on the balance sheet

Explanation:

A loss contingency can be defined as the situation or occurrence in which there is uncertainty about an entity but that will be resolved when a/some future situation occurs or not.

Simply put, a loss contingency can be said to be loss of an entity that can be resolved later in future by the occurrence or not of an event.

When a loss can be reasonably estimated as seen from the question, it should be written as a footnote on a financial statement or on a balance sheet.

cheers.

5 0
3 years ago
What are three strategies that you can use to make better financial decisions?
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Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.

<h3>What are better financial decisions?</h3>

  • The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.

  • The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.

  • The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.

Hence, the strategies for taking better financial decisions are as aforementioned.

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7 0
1 year ago
In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
Elanso [62]

Option B, In a(n) , common market members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate barriers to the movement of the factors of production.

A legal agreement that creates a collection of nations that adopt a single external policy  tariff is known as a common market. Countries that participate in a single market also permit free commerce as well as the free movement of capital and labor within the group's members. It establishes a common external tax on imports in the market. Members of this market thus do away with trade restrictions and embrace or adhere to a common policy.

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6 0
10 months ago
Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to
MA_775_DIABLO [31]

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

6 0
3 years ago
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