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sveticcg [70]
3 years ago
5

Carmel Corporation is considering the purchase of a machine costing $52,000 with a 4-year useful life and no salvage value. Carm

el uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Carmel's average inv
Business
1 answer:
andrew-mc [135]3 years ago
5 0

Answer:

$26,000

Explanation:

Average investment = (Initial investment + Salvage value) / 2

Average investment = ($52,000 + $0) / 2

Average investment = $52,000 / 2

Average investment = $26,000

So, Carmel's average investment is $26,000.

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Attina always spends 20 % of her income on snarfblatts. Assume that her income increases by some percentage while the price of s
cestrela7 [59]

Answer:

Income elasticity of demand for snarfblatts is 1.

Explanation:

the consumer spends 20% of the income on snarfblatts, thus the percentage change in consumption of the snaerblatts is equal to the percentage in income, that is:

Elasticity = % change in demand of snarfblatts/% change in income

               = 1

Therefore, Income elasticity of demand for snarfblatts is 1.

6 0
3 years ago
A method of estimating the amount of bad debt expense whereby management establishes a percentage relationship between the amoun
Flauer [41]

Answer: provisions

Explanation: According to ias 37

5 0
3 years ago
Which of the following is a feature of high-level code
Deffense [45]

Answer:

feature

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Easier to read, write and maintain as commands are similar to English. Allow access to module libraries. Use data types and data structures, selection statements and repetition/iteration constructs. Use logic operators and functions that are built into the language.

6 0
3 years ago
the economy is currently in long-run equilibrium. if the central bank increases the money supply, in the long run the price leve
Scorpion4ik [409]

The economy is currently in long-run equilibrium. If the central bank increases the money supply, in the long run the price level will raises.

<h3>What is long-run equilibrium?</h3>

The term “long-run equilibrium” is used in economics to represent a theoretical idea in which all markets are in equilibrium and all prices and quantities have fully adjusted to achieve equilibrium.

The long-run differs from the short-run, which has some limitations and markets that are not entirely balanced.

Currently, the economy is in long-run balance. If the central bank expands the money supply, the price level will rise in the long run.

Therefore, in the long run, the price level will raise as the central bank increases the money supply.

To learn more about the money supply, refer to:

brainly.com/question/14041873

#SPJ4

4 0
2 years ago
Locust has 657 million shares outstanding with a market price of $83 a share.
UNO [17]
Total number shares * value per share = total market value

657,000,000 shares * $83/ share = 54, 531, 000, 000 or 54, 531 million

4 0
3 years ago
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