Answer:
Russian Economy will grow by 14.46 times using 9% per year growth for 31 years.
Explanation:
Growth Rate = g = 9% = 0.09
Number of years = n = 31 years
Number of time economy grow = ( 1 + growth rate )^number of years
Number of time economy grow = ( 1 + g )^n
Number of time economy grow = ( 1 + 0.09 )^31
Number of time economy grow = 14.46 times
So, Russian Economy will grow by 14.46 times using 9% per year growth for 31 years.
Answer:
12
Explanation:
At the price of $24, the demand is 36
At the price of $30, the demand is 24
change in quantity demanded
= 36-24
= 12
Answer:
Jordan Enterprises
1) The impairment loss = $110,000.
2) Journal Entry to record the impairment loss:
Debit Broadcast License Impairment Loss $110,000
Credit Accumulated Impairment Loss $110,000
Explanation:
a) Data and Calculations:
Broadcast license original cost (book value) = $786,000
Market value of similar broadcast license = 676,000
Impairment loss = $110,000
b) US GAAP defines impairment loss as the decrease in an asset's net carrying value. This means that impairment loss arises when the book or net carrying value is greater than the future estimated cash flows or the market value of the asset.
Examples of some of the most prominent hard currencies are listed below: The U.S. dollar (USD) The euro (EUR) ... The Australian dollar (AUD)
Answer:
The answer is: C)$3,000
Explanation:
The standalone selling price is the price at which the company would sell warranty separately to its customer. In this case we need to find the stand alone price of the discount option.
We first find the difference between regular price and the discount option:
$25 - $20 = $5
Then we multiply by the possibility of the discount sale happening (60%) and the total number of goods sold with the discount option.
= $5 x 60% x 1,000 fryers
= $3,000
