Answer:
kept the same in order to achieve allocative and productive efficiency.
Explanation:
Full production means that employed resources are providing maximum satisfaction for our material wants. Full production implies two kinds of efficiency: 1. Allocative efficiency means that resources are used for producing the combination of goods and services most wanted by society
Answer:
$9000
Explanation:
Depreciation is a systematic allocation of the cost of an asset over its useful life. One method of depreciation is the straight line method where the value of an asset is uniformly and gradually written off over its useful life
<u>Working</u>
Cost of asset - $90000
Useful life - 9years
Salvage value - $9000
Fiscal year - (Jan 1- Dec 31)
Depreciable amount- (90000-9000)= $81000
Annual depreciation (straight line ) 81000/9 = $9000
December 31 2017 depreciation expense = $9000*1/2 = 4500
Decemebr 31 2018 depreciation expense = $9000
Answer:
13,152.5
Explanation:
Given the the above parameters as mentioned in the question
To calculate the PV (Present Value)
We have PV = 5000 * 1.05 * [ 1/(1.0575)² + 1/(0.625)³ + 1/(1.065)⁴]
PV = 5000 * 1.05 * (0.8942094350 + 0.8337064929 + 0.7773230908) =
=> PV = 5000 * 1.05 * 2.5052390187
= 13,152.50
Therefore, in this case, using the forward rates, the present value of this annuity a year from now is 13,152.50
Answer:
The correct answer is Bootlegging.
Explanation:
Illegal Alcohol refers to all alcoholic beverages, distilled or fermented, that are out of legality due to adulteration, contraband of finished products or raw material, illegal artisan manufacturing, evasion of taxes from local production or because it is not suitable alcohol for human consumption diverted to the alcoholic beverages market.
Among the main consequences of Illegal Alcohol are:
- Illegal alcohol generates a great fiscal loss to the countries.
- Adulterated alcohol and illegal artisanal alcoholic beverages are a health risk.
There are five ways in which illegal alcohol is present within societies:
- Adulterated alcohol: Illegal alcohol sold as legal brands (substitute), empty bottles of legitimate products refilled with cheaper alcohol (refill), or industrial production of illegal brands or unbranded illegal alcohol.
- Contraband of raw material or finished product: Illegal imports of ethanol as raw material and illegal imports of alcoholic beverages as finished product.
- Illegal Artisanal Alcohol: Illegal artisanal alcoholic beverages manufactured for commercial purposes.
- Alcohol not suitable for human consumption: Alcohol not made for human consumption, for example with pharmacy alcohol, diverted to the alcoholic beverages market.
- Tax evasion: Legal alcoholic beverages, produced locally, on which no consumption tax is paid.
Answer:
I prepared an excel spreadsheet which includes the income model and an example.
Explanation:
