Answer:
$593,000
Explanation:
Net income before debt in second year:
= Reported net income + wrote off accounts as uncollectible
= 600,000 + 34,000
= $634,000
Net income = Net income before debt in second year - Bad debts expense
= $634,000 - (1% of 4,100,000)
= $634,000 - 41,000
= $593,000
Answer:
The futures price of the C$ should be 0.82/C$.
Explanation:
Let:
rUS = Risk-free rates in the United States = 5%
rC = Risk-free rates in Canada = 3%
S = Spot exchange rate = $0.80/C$
Since the rUS is greater than rC, we have:
Future price of C$ = S + ((rUS -rC) * S) = 0.80 + ((5% - 3%) * 0.80) = 0.80 + (2% * 0.80) = 0.80 + 0.016 = 0.816, or 0.82
Therefore, the futures price of the C$ should be 0.82/C$.
Answer:
monthly data series in a GDP
Explanation:
A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.
By analyzing the monthly data series of goods or services produced one can predict the real GDP of a country to be. One can use the monthly observations of the employment, unit auto as well as truck sales, sousing starts, retail sales, trade, automobile inventories, manufacturing, shipment of machinery and equipment, index of the industrial production, etc. to predict the GDP growth or get an idea of the GDP figures that are going to show the robust growth of the economy.
I’m sorry I’m not answering ur question so I can ask one but I would say 450$
Answer:
her accounting profits are less than her implicit costs
Explanation:
