Answer: $49,000
Explanation:
Total Revenue:
= cash revenue + increase In accounts receivables + decrease in accrued liability
= $72,000 + $4,000 + $1,000
= $77,000
Net income accrual method:
= Total Revenue - cash expenses - depreciation expense - decrease in prepaid expenses
= $77,000 - $21,000 - $5,000 - $2,000
= $49,000
Answer:
The correct answer is option c.
Explanation:
Country A and country B are the same. But country A has more capital than country B. Both the countries increase their capital by 100 units while other factors are constant.
This increase in capital will cause the output of country B to increase more than output in country A. This happens because of the law of diminishing marginal returns.
Law of diminishing marginal returns states that as the number of inputs employed the return from each input goes on declining. As country A possesses more capital, the return from the capital will be fewer. So the increase in output will also be relatively less.
Answer:
Total $53.0656 (millions)
Explanation:
We will need to add the present value of the coupon payment
and the present value of the maturity date
<u>present value of the annuity:</u>

C= 60 million x 5% /2 1.5
time= 20 years 2 payment per year = 40
rate = 6% annual = 0.06/2 = 0.03 semiannually

PV $34.6722
<u>present value of the bonds:</u>
Maturity 60
time 40
rate 0.03
PV $18.3934
<u>The value of the bond will be the sum of both</u>
PV c $34.6722
PV m $18.3934
Total $53.0656
Answer:
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Explanation:
Answer:
d. None of the above are correct.
Explanation:
In a centrally planned environment, the government make decisions on production.
In a market economy, market forces make production decisions.
Society relies more upon prices to allocate resources when the economy is centrally planned than a market economy.
The self-interest of households is reflected more fully in the outcome of a market planned economy than in the outcome of a centrally planned economy
Government plays a larger role in the economic affairs of a centrally planned economy than in the economic affairs of a market planned economy.
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