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AVprozaik [17]
3 years ago
10

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​

Business
1 answer:
dolphi86 [110]3 years ago
3 0

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

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From the information given, the total interest payable on the mortgage is 290, 659.84 See the calculation and analysis below.

<h3>What is the calculation on the above mortgage scenario?</h3>

We are given

Vacation Home purchase amount = $250,000

Down payment = 20% i.e. $235,000 X 20% = $50,000

Loan Amount = $250,000 - $50,000

Rate = 7%

Period = 22 years = 22 x 12 = 264 monthly installment

Monthly installment = $1,858.56 (See attached spread sheet).

Recall that Total interest paid

= Monthly Installment X N - Principle loan amount

Hence,

1,858.56 x 264 - 200,000

= 490,659.84 - 200,000

Total interest paid = 290, 659.84

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7 0
2 years ago
East Corp. manufactures stereo systems that carry a two-year warranty against defects. Based on past experience, warranty costs
11Alexandr11 [23.1K]

Answer:

$52,500

Explanation:

Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.

It is debited to the warranty expenses account and credited to the warranty liability account.

Total sales for the year - $3,000,000

Warranty estimate basis - 4%

Estimated warranty - 3,000,000 * 4% = $120,000

Warranty cost incurred = $67,500

Balance to be recorded for the year = 120,000 -67,500

$52,500

7 0
3 years ago
An asset's ______ is the ease with which it can be converted quickly into the most widely accepted and easily spent form of mone
KonstantinChe [14]

An asset's liquidity is the ease with which it can be converted quickly into the most widely accepted and easily spent form of money, cash, with little or no loss of purchasing power.

<h3>What is Asset Liquidity?</h3>
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  • An asset is considered to be liquid if it can quickly and easily be turned into cash. Cash, instruments from the money market, and marketable securities are examples of liquid assets.
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5 0
2 years ago
Read 2 more answers
Kari is a limited partner in Lizard Partnership. This year, Kari's share of partnership ordinary income is $20,000, and she rece
kogti [31]

Answer: a. $3520

b. $26480

c. $40000

Explanation:

a. Calculate the tax cost of Kari's partnership earnings this year Tax cost

Ordinary Income = $20000

Less: 199A deduction = 20% × $20000 = $4000

Ordinary Income share = $16000

The tax cost of Kari's partnership earnings this year Tax cost will be:

= 22% × $16000

= 0.22 × $16000

= $3520

b. Compute Kari's after-tax cash flow from her partnership activity this year After-tax cash flow

This will be:

= Cash distribution - Tax cost

= $30000 - $3520

= $26480

c. Compute Kari's tax basis in her partnership interest at the ending of the year. Assume no change in her share of partnership during the year.

Basis at start of year = $50000

Add: Ordinary income = $20000

Adjusted basis = $50000 + $20000 = $70000

Less: Cash distribution = $30000

End of year basis = $40000

5 0
3 years ago
Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The
Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0
3 years ago
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