Answer:
the amount of the loan the pawnbroker made to Jerry is $112.50
Explanation:
In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.
750 ÷ 100 = 7.5
Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.
7.5 × 15 = 112.5
Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50
Answer:
Assets increase by $10,000
Total stockholders' equity increases by $10,000
Explanation:
To see impact of transcation mentioned in question on asset, liability and equity lets first begin with journal entry. Journal entry is given below.
Debit New Asset 110,000
Credit Cash Asset 40,000
Credit Old Asset 60,000*
Profit on disposal 10,000
*Old asset net book value = cost - accumlated depreciation
=100,000- (4*10,000) = 60,000
So this is clear that the asset and equity will increase as result of transaction mentioned above them. There will no impact on liability.
Answer:
The correct answer is C. If real wages are the only consideration, then you would definitely take the job in Dallas because the real wage is higher there.
Explanation:
Real wages refer to wages adjusted for inflation. The term real is in contrast to nominal wages.
A comparison of the development of real wages over time gives a more accurate picture of the development of an individual's wages or of the development of wage differences between different professions.
In the present case, to determine the real salary we must calculate the nominal salary divided by the price index of each city, and then multiply this result by 100 to obtain the real annual salary that would be obtained in each city.
Thus, in Chicago a real annual salary of $ 60,469.31 (67,000 / 110.8 x 100) would be obtained, while in Dallas a real salary of $ 63,387.97 (58,000 / 91.5 x 100) would be obtained in the same period, with which it would be more convenient to accept the job in Dallas.
I'm spending all of it on the lottery here. Their would have to be a winning ticket somewhere and then once I've secured the bag, I would go from there. It's easier to budget when you have millions so honestly I'm not even trying to be funny here that is what I would do in this made up scenario.