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4 years ago

Classify each of the following based on the macroeconomic definitions of saving and investment.

Business

1 answer:

Serga [27]4 years ago

3 0

Answer and explanation:

Saving implies setting an amount of money of your income aside and put it into a bank account or store it somewhere considered safe. If deposited in a bank the money gains interest, thus, there will be a relative increase in the initial sum deposited.

Investing implies providing money to a third party or using that money personally to start up a venture. In such cases, there is a risk that the investment could be lost.

Thus:

A) Ginny buys new bulldozers for her construction firm. (<em>Investment</em>)

B) Eric purchases a certificate of deposit at his bank. (<em>Saving</em>)

C) Kenji takes out a mortgage for a new home in Detroit. (<em>Investment</em>)

D) Lucia purchases stock in Pherk, a pharmaceutical company. (<em>Saving</em>)

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A machine was purchased at a cost of $70,000. The equipment had an estimated useful life of eight years and a residual value of

RoseWind [281]

Answer:

Loss on sale of machinery = $8,000

Explanation:

Under Straight line depreciation method, depreciation is calculated as follows:

Depreciation to be charged per annum over the life of asset is given by the formula: = $\frac{cost\ -\ salvage\ value}{useful\ life}$

Depreciation = ($70,000 - $ 6,000) ÷ 8 years

Depreciation to be charged every year = $8,000

Now, total depreciation charged till the end of 6 years = 6 × $8,000 = $48,000

Book Value at the end of year 6 = $70,000 - $48,000= $22,000

Sale Value of the asset = $ 14,000

Loss on sale = $22,000 - $14,000 = $8,000

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3 years ago

If the consumer price index was 166.6 in one year and 172.2 in the next year, then the rate of inflation from one year to the ne

Hatshy [7]

The formula to find the inflation or deflation rate is (P2-P1)/P1 x 100%, therefore you get 172.2-166.6 divided by 166.6, giving you the inflation rate of 3.36 rounded to two decimal places.

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4 years ago

Maria is purchasing a new car whose MSRP is $22,450. She is trading in her old car for $7000 and being upgraded to a premium pac

kupik [55]

It should be $20,150

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4 years ago

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he three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,

Tema [17]

The saving rate from the highest to the lowest would be :

Traditional Banks +/- 5 % of rates

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Credit Union +/- 2.5 % of rates

hope this helps

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3 years ago

Under a __________________ structure, there are two chains of command (functional and project), and project participants report

Volgvan

Under a matrix structure, there are two chains of command (functional and project), and project participants report simultaneously to both functional and project managers.

<h3>What is the functional approach?</h3>

The standard functional analysis is expanded in this format and is employed for the first time in the concept study of the vehicle. By using the value matrix, the cost/benefit matrix, the repair time matrix, and the supportability index matrix, the matrix form is utilized to analyze the system's functionality.

An earlier stage of concept vehicle definition allowed the designer-analyst to quickly and easily define the relationship between the choice structure and performance, costs and ranges of the importance of installed components, reliability and cost of repair time, logistic supportability, etc. The extended functional analysis could be the way of defining critical structure that does not impediment the project specification of the vehicle.

To know more about the Functional approach, visit: brainly.com/question/14897152

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2 years ago