Answer:
$46,400
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Net operating income under variable costing + Fixed overhead deferred in ending inventory - Fixed overhead released in beginning inventory
= $74,000 + $0 - $27,600
= $46,400
All other information which is given in the question is not relevant. Hence, ignored it 
 
        
             
        
        
        
A. True 
The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average. 
 
        
             
        
        
        
The role of taxation in the circular flow of income, is basically to have a medium of revenue for the government, if the government is able to earn money, they are able to spend it on the economy.
So then the role of Government expenditure is to make sure the money goes back into the economy, if the government were to save the money, the economy will have restriction to grow, if all the money the government creates from tax was put back into the economy by spending in say, Heath, Education, Investment, the economy can grow because then household will spend money from their income to utilise these industries.
Hopefully this helps!
        
             
        
        
        
Answer:
4.56%
Explanation:
The annual percentage rate refers to the rate at which the loan amount is equal to the present value of cash flows
In mathematically
Loan amount = Present value of cash flows
Loan amount = Monthly payment × PVAF (rate, number of years)
$31,000 = $493.25 × PVAF (rate, 72 months)
So, 
PVAF (rate, 72 months) = 62.8485
And, the monthly rate  is = 0.38%
So, the APR is 
= Monthly rate × total number of months in a year
= 0.38% × 12 
= 4.56%
The 72 months is 
= 6 years × 12 months
= 72 months