Answer:
C) small part of household wealth, and so the interest-rate effect is small.
Explanation:
During 2011 the per capita holdings of US dollars amount to only $2950, compared to the GDP per capita of $49,794 it is not a significant amount. Some government agencies estimate that nearly 2/3 of all $100 bills are held in foreign countries.
The decrease in money holdings can be attributed to an increase in the use of banking services, especially an increase in the use of debit cards, but also credit cards and checks.
Answer:
The correct answer is (D) Import quotas
Explanation:
Import quotas are part of economic policies imposed by a country to <u>protect domestic industries</u> from foreign competition. For this case, the nation of Andolvia placed a restriction on the supply of peanut products to be imported, as they have subsidized and made efforts for their local young peanut industry to grow and mature.
Answer:
C) $88,000
Explanation:
period cost: cost which cannot be capitalize through inventory or other assets.
Under variable cost, the fixed cost are treated as period cost.
Fixed costs:
Fixed manufacturing overhead $ 60,000
Fixed selling and administrative expense $ 28,000
Answer:
IRR = 8%
Don't accept the project
Explanation:
The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
IRR can be calculated using a financial calculator:
Cash flow in year 0 = -9,187,846.67
Cash flow each year from year 1 to 11 = 1287000
IRR = 8%
Because the IRR is less than the hurdle rate, the project shouldn't be accepted.
To find the IRR using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
I hope my answer helps you
A cafe or restaurant with a free unprotected network
