Answer:
MRCORRECT has answered the question
Explanation:
Fiat money has value because the government declares that it has value.
Answer:
FV= $34,993.05
Explanation:
Giving the following information:
Annual deposit= $1,475
Number of periods= 15 years
Interest rate= 6.25%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1,475*[(1.0625^15) - 1]} / 0.0625
FV= $34,993.05
Answer:
-$130,000
Explanation:
The computation of the net loss deducted from his return is shown below:
= Income - interest deductions - operating expenses - depreciation expenses
= $20,000 - $80,000 - $45,000 - $25,000
= $20,000 - $150,000
= -$130,000
Since the value comes in negative which reflects the net loss for the year
We simply deduct the revenues from the expenses so that the net income or net loss could come
Answer:
D) 475 million
Explanation:
Unemployment is the people who is not currently working and searching for the job. These are the part of Labor force. So unemployment rate is as follows:
Unemployed Worker = 19 million
Unemployment rate = 4%
Unemployment rate = Unemployed worker / Labor force
4% = 19 million / Labor Force
Labor Force = 19 million / 4%
Labor Force = 475 million
Answer:
$237,630
Explanation:
Windsor report as its December 31 inventory:
= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis
= $191,500 + $24,510 + $21,620
= $237,630
Therefore, the amount to be reported by Windsor company is $237,630.
