Answer:
Efficiency
Explanation:
Efficiency is when a market is producing the greatest possible amount given its resources. This is demonstrated by the production possibility frontier, which displays the maximum amount of a good that can be produced in relationship to the production of another good.
Answer:
The correct answer to the following question is 5%.
Explanation:
Given information -
ABC company purchased equipment which costs - $600,000
Average amount invested in the equipment - $200,000
Equipment expected life - 5 years
Average operating income that company gets from the equipment - $10,000
ARR ( Average annual return ) -
Operating income from equipment / Average amount invested in equipment
= $ 10,000 / $ 200,000 x 100
= 5%
Answer:
The Rex’s gross income from the partnership in 2019 and 2020 is $1,20,000 and $1,80,000 respectively
Explanation:
The computation of the gross income for each year is shown below:
In 2019:
Gross income = Taxable income × percentage of interest in profits
= $400,000 × 30%
= $1,20,000
In 2020:
Gross income = Taxable income × percentage of interest in profits
= $600,000 × 30%
= $1,80,000
The withdrawn amount is not consider for computing the gross income. So, we ignored it
Answer:
Which of the following involves gambling?
You bet that your school's team, which has won its last ten games in a row, will beat its rival in the next game.
Explanation:
You bet that your school's team, which has won its last ten games in a row, will beat its rival in the next game, this would be available on every bookies as it involves teams that are playing against each other
Answer:
Explanation:
the present value of the future cash flows is the the value of the bond we calculate the present value as follows
Cash flow 4% = 40000 per year for 4 year p.v using annuity
Cash flow = 1000000 at year four present value using compound formula
Present value at yield rate 7.7%
Cash flow Discount Factor Present Value
1000000 0.743253883 743253.8831
40000 3.334365155 133374.6062
876628.4893
Compound = 1000000/(1+7.7%)^4
Annuity = 40000* (1-(1+7.7%)^-4) / 7.7%