"An organization of high school seniors performs services for patients at Leer Hospital."The amount that should be reported for donated services is 0$. This is further explained below.
<h3>What have donated services?</h3>
Generally, donated services are simply defined as Contributed premises, advantageous financial agreements, or donated services are all ways in which a nonprofit might benefit from the generosity of others.
In conclusion, free labor, A unique collection of abilities is required, and we were going to buy it anyhow.
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Answer:
Part 1:
Nominal rate=8.12%
Part 2:
$1,081.2 is the money you will have at the end of one year.
Part 3:
The Saving account is short of $31.8 ($1113-$1081.2) to buy the bicycle after 1 year because of inflation.
Explanation:
Real Interest rate=2%
Inflation rate=6%
Deposited amount=$1000
Part 1:
Formula:
Real interest rate=
![2\%=\frac{1+Nominal\ rate}{1+6\%} -1\\Nominal\ rate=[(0.02+1)*(1+0.06)]-1\\Nominal\ rate=0.0812](https://tex.z-dn.net/?f=2%5C%25%3D%5Cfrac%7B1%2BNominal%5C%20rate%7D%7B1%2B6%5C%25%7D%20-1%5C%5CNominal%5C%20rate%3D%5B%280.02%2B1%29%2A%281%2B0.06%29%5D-1%5C%5CNominal%5C%20rate%3D0.0812)
Nominal rate=8.12%
Part 2:
How much money will you have at the end of one year can be calculated as:
where:
FV is the future value
PV is the present value=$1000
i is the Nominal interest rate (Calculated above)=8.12%
n is the number of years=1 year
$1,081.2 is the money you will have at the end of one year.
Part 3:
Calculating the price of bicycle after one year due to inflation:
The Saving account is short of $31.8 ($1113-$1081.2) to buy the bicycle after 1 year because of inflation.
Answer:
Business Taxes.
Explanation:
A change in business taxes is most likely to change both aggregate demand and aggregate supply.
Aggregate demand can be defined as the total amount of goods and services by consumers at a specific period of time and price level in an economy.
Aggregate supply can be defined as the total amount of goods and services an organization is willing to sell or provide to it's consumers at a specific price level.
When business taxes are imposed on businesses, such as manufacturing companies, these in turn affect the demand and supply framework (final goods and services).
Basically, business taxes causes shifts in demand and supply, which in turn affect the price and quantity of goods and services in an economy.
Hence, companies would either be forced to cut-down on the amount of goods and services provided, result to borrowing or downsizing their manpower. As a result of this, they won't be able to meet the demands of their consumers.
I believe the question you're asking is cut off...
Answer:
1. Nature of commodity
2. Availability of substitutes
3. Income level
4. Postponement of consumption
5. Number of uses
6. Share in total Expenditure
7. Time period
Explanation:
