I think it’s Alex since he has the lowest salary so it’d be harder for him to pay the tax
When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is <u>low </u>so the quantity of money demanded will be <u>high</u>.
If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.
As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.
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Answer:
$1,625,000
Explanation:
For computing the purchase amount first we have to determine the cost of goods sold which is shown below;
As we know that
Cost of goods sold = Sales revenue - gross profit
= $2,100,000 - $2,100,000 × 25%
= $2,100,000 - $525,000
= $1,575,000
Now the purchase amount is
Cost of goods sold = Beginning inventory + purchase - ending inventory
$1,575,000 = $310,000 + purchase - $360,000
So, the purchase amount is $1,625,000
standard 2 of uspap states that in appraising the real property, an appraiser must "communicate each analysis, opinion, and conclusion in a manner that is." Addresses the written or oral communication (reporting) of a real property appraisal.
The main difference between these two options is the content and scope of information provided. Appropriate reporting options and the amount of information required in a report depend on the intended use and the user's real property.
Real property refers to land that is physically present and has resources and structures attached to it and is extended in terms of ownership and use rights.
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Answer:
$584,000
Explanation:
The computation of the accumulated depreciation is shown below:
But before that following calculations need to be determined
Depreciation for 3 years = $1,056,000 ÷ 8 years × 3 years
= $396,000
Now the written down value is
= $1,056,000 - $396,000 - $96,000
= $564,000
For one year it would be
= $564,000 ÷ 3
= $188,000
Now the accumulated depreciation is
= $396,000 + $188,000
= $584,000
