Answer:
$1.86 million
Explanation:
Given the above data, we can calculate the retained earning for next year to be;
Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends
= $1.8 million
<h2>using formal writing style</h2>
Explanation:
Informational reports are written for the purpose of internal audience.
A formal writing style consists of the following:
- It will be written using active voice
- Will avoid vague language
- Sentences will be crisp and clear. No too lengthy sentences are allowed
- Abbreviations will not be present
- Sentences will include items expressed in a positive way
- There will not be any exaggeration of pointers
- No exclamation mark will be outside the quotation marks.
Answer:
The cost per month is increasing at a rate $365.
Explanation:
Differentiation Formula
Given that,
A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by
.
Again given that,
the rate of changing production is 13 unit per month
i.e 
To find the cost per month, we need to find out the value 
when production is changing at the rate 13 units per month and the production is 70 units.
Differentiating with respect to t
Plugging
[ plugging x=70]
=364
[ The unit of c is not given. Assume that the unit of c is dollar.]
The cost per month is increasing at a rate $365.
Answer:
The early system of money was the barter exchange system where the commodities were exchanged for other's commodities. The major disadvantages were:
- Lack of Double Coincidence of Wants:
It is fundamental for an individual who wishes to exchange his good/service to locate some other individual who isn't just eager to purchase his good/service, yet in addition has that good which the former needs. This could be fixed if seller finds a buyer who has the same good that is needed so both exchange goods that the other needs.
2. Lack of a Common Measure of Value:
Regardless of whether the two people who need each other's merchandise meet unintentionally, the issue emerges with regards to the extent in which the two products ought to be traded. There being no basic proportion of significant worth, the rate of trade will be discretionary fixed by the power of interest for one another's merchandise. This could be fixed if both parties decide the goods they wish to trade.
Answer:
The correct answer is option c.
Explanation:
High marginal tax rates mean that people will have to pay higher taxes. This may lead to a situation where people are working but are able to earn less than what they could have earned if the tax rates would be the case if marginal tax rates were lower.
This happens because a major part of the income has to be paid as taxes when the marginal tax rates are high.
[ where a is a constant]