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saveliy_v [14]
3 years ago
11

Economic Condition

Business
2 answers:
USPshnik [31]3 years ago
5 0

Explanation:

9. credit and borrowing expanding

Semenov [28]3 years ago
3 0
Girl I don’t know but
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Transatlantic air travel in business class has an estimated elasticity of demand of 0.62, while transatlantic air travel in econ
marusya05 [52]

The reason that the elasticity of demand is 0.62 for business and 0.12 for economy is because the economy class is more elastic than that of the business.

When the flight ticket of those flying business class is raised, they would not be affected much because they are rich and can afford it. They do not care much about the raise in price.

For the average flyer using the economy flight, raising the price of the ticket would affect him and he may end up reducing his demand for it.

Read more on brainly.com/question/10423637?referrer=searchResults

5 0
3 years ago
A. Finance, or financial management, requires the knowledge and precise use of the language of the field.
Sergio [31]

Answer:

1. Amortization Schedule.

2. Amortized loan.

3. Annual Percentage rate.

4. Discounting.

5. Future Value.

6. Opportunity cost of funds.

7. Time value of money.

8. Annuity due.

9. Perpetuity.

10. Ordinary annuity.

11. PMT/r.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

Some of the financial terminologies used in financial accounting are;

1. <u>Amortization Schedule</u>: A schedule or table that reports the amount of principal and the amount of interest that make up each payment made to repay a loan by the end of its regular term.

2. <u>Amortized loan</u>: A loan in which the payments include interest as well as loan principal.

3. <u>Annual Percentage rate</u>: A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a 12-month period.

4. <u>Discounting</u>: A process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.

5. <u>Future Value</u>: The name given to the amount to which a cash flow, or a series of cash flows, will grow over a given period of time when compounded at a given rate of interest.

6. <u>Opportunity cost of funds</u>: A 6% return that you could have earned if you had made a particular investment.

7. <u>Time value of money</u>: A concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs.

8. <u>Annuity due</u>: A series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

9. <u>Perpetuity</u>: A cash flow stream that is generated by a share of preferred stock that is expected to pay dividends every quarter indefinitely.

10. <u>Ordinary annuity</u>: A series of equal cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

11. Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. The equation which can be used to solve for the present value of a perpetuity is given below;

Present value of a perpetuity (PV) = PMT/r

Where;

  • PMT represents the payment amount.
  • r represents the annual interest rate.
3 0
3 years ago
On August 1, 2020, Ascent Corp. borrowed $80,000 cash on an 8-month note payable with a 7% annual rate that requires Ascent to p
Ipatiy [6.2K]

Answer and Explanation:

The computation is shown below:

Interest payable:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 5 ÷ 12

= $2,333.33

And,

Interest expense:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 3 ÷ 12

= $1,400

So here for recording the payment of interest the interest payable is debited for $2,333.33

The same is to be considered

6 0
3 years ago
Abner and Bette have been married for 20 years and always file a joint return, but never itemize their deductions. Abner and Bet
user100 [1]

<u>Solution and Explanation:</u>

Abner & Bette Gross Income = $80,000.00  

Less: the Standard deduction (as per Federal tax $12700 for 2017) $ (12,700.00)  

Less: the Personal Exemption($4050*2) $(8,100.00)  

Ans (a) Abner's & Bette taxable income in 2017 $   59,200.00    

<u> The Personal Exemption Amount</u>  

The personal exemption amount for 2017 is $4,050.  

Standard Deduction Amounts  

The 2017 standard deduction amounts will be as follows:  

Single or married filing separately: $6,350  

Married filing jointly: $12,700  

Head of household: $9,350  

5 0
3 years ago
A credit card company claims that the mean credit card debt for individuals is greater than $ 5 comma 100. you want to test this
Oksanka [162]
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8 0
3 years ago
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