Answer and Explanation:
This is an example of Simpson’s paradox
Answer:
C. How much one unit of currency is worth when converted to another currency
If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
<h3>Gain</h3>
First step
Bertha's capital gain= ($220 - $200) x 10 shares
Capital gain = $200
Second step
Balance left after government took 50%
Balance left= $200 x (1 - 0.50)
Balance left= $100
Third step
Gain=$100 x (1 - 0.03)
Gain=$97
Therefore If the tax rate on nominal capital gain is 50%, how much tax does Bertha pay on her gain is: $97.
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Answer: Option D is unemployed.
Explanation:
Option A is currently fully occupied with his education.
Option B, Janice is still in college and not fully into the labor market.
Option C, is a high school student, just looking for a part time job, not really unemployed.
Option D, is not really engaged in any job or education, so currently unemployed.
Answer:
30000 units.
Explanation:
Given:
Parwin Corporation plans to sell 29,000 units during August.
We can assume it as Cost of good sold.
If the company has 11,000 units on hand at the start of the month. We can assume it as Beginning inventory
And plans to have 12,000 units on hand at the end of the month. We can assume it as Ending inventory.
Question asked:
How many units must be produced during the month ?
Solution:
We can determine unit must be produced (purchase) during the month by this formula:
Cost of good sold = Beginning inventory + Purchase - Ending inventory
29000 = 11000 + Purchase - 12000
29000 = - 1000 + Purchase
Adding both sides by 1000
30000 = Purchase
Therefore, as Parwin Corporation plans to sell 29,000 units during August, he must produced 30000 units during the month.