Answer:
$4,000
Explanation:
The net profit of the publisher over the useful life of the 160-unit lot of textbooks is the difference between his selling price to the bookstore and the cost incurred multiplied by the number of unit.
Hence the net profit of the publisher
= 160( $50 - $25)
= 160 * $25
= $4,000
Answer:
See below
Explanation:
1. Supply expense. 700
Supplies inventory. 700
2. Insurance expense. 650
Prepaid insurance. 650
3. Depreciation expense. 200
Accumulated Depreciation. 200
4. Wages expense. 100
Wages payable. 100
<span>We are both Lawyers.</span>
Amount invested today=P =$1,000
Annual interest rate=r =5%
Concept:
First, find the effective quarterly rate which is r/m, m=no. of quarters in a year which is equal to four.
effective quarterly rate= r/m =5/4 =1.25%
now, no. of period is equal to n=4 (reason: 4 quarter in a year for which effective rate of 1.25% used)
Now,
Investment in one year = F= 1,000(F/P, 1.25%, 4)
= 1,000(1.0509)
= $1050.9<span />
Answer:
the net export is $800 and it is a trade surplus
Explanation:
The computation of the net export is shown below:
As we know that
Net exports = Exports - Imports
= $5,000 - $4,200
= $800
As it can be seen that the net exports comes in positive so this represents that the country is running a trade surplus
Therefore the net export is $800 and it is a trade surplus
We simply applied the above formula so that the correct value could come
And, the same is to be considered
