Answer: Demand Curve shifts left
Explanation:
Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.
Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.
Answer:
Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.
Explanation:
Answer: $13,020,000
Explanation:
Given that,
Tax rate = 30%
Total interest payment for the year just ended = $43,400,000
Interest Tax Shield = Tax rate × Total interest payment
= 30% × $43,400,000
= 0.30 × $43,400,000
= $13,020,000
Therefore, the interest tax shield is $13,020,000.
Answer:
$1,120
Explanation:
Ending Merchandise Inventory is value of closing inventory in hand, to be valued at lower of cost or net realizable value or replacement value
Here, cost of closing inventory = 7 units X $160 each = $1,120
Since current realizable/ replacement value = $1,155
Cost is less than realizable value, therefore cost will be considered.
Thus ending merchandise inventory will be valued at total of $1,120.
Answer:
22.33 m
Explanation:
We are given;
Coefficient of kinetic friction between the puck and floor; μ = 0.5
initial speed of the puck; u = 14.8m/s
From Newton's equation of motion, we know that;
v² = u² + 2as
But since it decelerate to rest, the acceleration will be negative.
Thus;
v² = u² - 2as
Final velocity is zero, thus;
0 = u² - 2as
Thus, a = u²/2s
Where s is the distance covered before coming to rest.
Now, we know that formula for the frictional force is;
F = μmg
F/m = μg
We also know that F/m = a
Thus, a = μg
Thus:
u²/2s = μg
s = u²/(2μg)
s = 14.8²/(2 × 0.5 × 9.81)
s = 22.33 m
