Answer:
a. 8.33 percent
Explanation:
The computation of the economy's growth rate between the two years is presented below:
= (GDP at the end of year 2 - GDP at the end of year 1) ÷ (GDP at the end of year 1) × 100
= ($1,300 billion - $1,200 billion) ÷ ($1,200 billion) × 100
= ($100 billion) ÷ ($1,200 billion) × 100
= 8.33%
The economic growth rate is always expressed in percentage form
Answer:In this case the buyer is <u><em>not bound by the contract</em></u> because <em><u>"this contract may not be assigned" means that duties may not be delegated, and the seller delegated a duty.</u></em>
Here, the agreement is particularly defined by a provision that clearly states that: “This contract may not be assigned, and any violation of this prohibition voids the contract.” Therefore, if after the contract is signed and thus the production of the commodity is overtaken by another manufacturer , then the buyer's claim is right and he is not bound by the contract.
<em><u>Therefore, the correct option is (A).</u></em>
Answer:
Wage Replacement Ratio = $53,000 / $100,000 = 53%
Explanation:
Total Mortgages = $1,500 x 12 = $18,000
Dollar Value Percentage
Salary $100,000 100%
Less: Self-Employment Taxes (11,000) (11%)
Less: Savings (18,000) (18%)
Less: Mortgage Payments (18,000) (18%)
$ 53,000 53%
Wage Replacement Ratio = $53,000 / $100,000 = 53%
Based on the information given, it should be noted that Carmen should take out a loan with a loan of 5 years period.
<h3>
What loan option should be chosen?</h3>
It should be noted that in the cost and benefits analysis, it would be better to take out the shorter loan period because the automobile price decreases in the following year after it has been bought.
However, in this case, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with a 620 credit score is 9.48%.
Therefore, it would be a safe decision to choose the 5-year loan because Carmen will still be able to pay the loan interest.
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brainly.com/question/26011426
Answer:
$33.80 per hour
Explanation:
The computation of the predetermined overhead rate is shown below:
= Estimated manufacturing overhead ÷ machine hours
= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)
= $169,000 ÷ 5,000 machine hours
= $33.80 per hour
