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3 years ago

Write a Story for Kumquat

1 answer:

4 0

When I was a kid, growing up on Friends Ave, I absolutely loved kumquats. We didn't have a tree, but there was a family a few streets down that did and I was brave enough to go and knock on their door and ask if we could pick some. They are quite tart and borderline sour, but wonderfully delicious. The skin is mild, which perfectly compliments the inside. I see them at the markets here, but I never buy them because they are a bit expensive and besides, it's much more thrilling when you can pick them yourself. Several months ago I started working for a wonderful family in Beverly Hills as a personal assistant one day a week. While I was up there yesterday, we went out walking in the backyard and there I saw the sweetest little kumquat tree. Now, I had heard about the kumquats before from one of the housekeepers who I once saw making some delightful kumquat-ginger jam. She even gave me a little spoonful to try, which was amazing. I was told I was more than welcome to pick some for myself. You mean it? I get to pick my very own?? So I did. Twenty-plus years later, I finally got to pick my very own kumquats again. It was such a thrill. I eat them whole and have been snacking on them for 2 days. They also had some loquat trees which I had never heard off before, but I picked one or two of those and I'm still undecdided on whether or not I like them. The texture reminds me a lot of an apricot, but with 2-3 medium sized seeds in the middle. I picked a few limes and two pumellos and love having all this fruit around.

THE END

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What is the present value of $6,811 to be received in one year if the discount rate is 6.5 percent?

Marat540 [252]

The present value of of $6,811 to be received in one year if the discount rate is 6.5 percent will be $6, 395.31.

What does Present Value mean?

A financial concept that calculates the current value of a future sum of money or stream of cash flows is present value. It's used to compare the relative worth of different amounts of money that aren't available at the same time. The inverse of future value. The sum of future investment returns discounted at a specified rate of return is calculated as the present value of money you expect from future income.

What is Financial concept?

Financial concepts are the fundamental principles and theories of finance, which provide guidance on how to assess and manage financial risks, return, and value. These concepts include the time value of money, diversification, risk-return trade-off, capital budgeting, and portfolio selection. Financial concepts are essential for making sound financial decisions and investments.

The procedure to find an present value:

Present Value = FV/ (1+i)^n

6,811/(1+0.065)^1

6, 395.31

To know more about Present value,

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1 year ago

You are trying to explain to your friends the importance of using real GDP to measure economic health over time, but some of the

Yuri [45]

Answer: $15,909.09

Explanation:

Nominal GDP is the value of goods and services that is calculated on the basis of current year prices whereas Real GDP is the value of goods and services that is determined on the basis of Base year prices. If we are using the identical price for both the years for calculating GDP then we can see the increment in the current year GDP from the last year. This means that the quantity of goods produced in the current year is larger than the last year. That's why it is important to use Real GDP rather than Nominal GDP.

Given that,

Nominal GDP (millions of dollars) = $14000

Price level (GDP deflator) = 88

$\text{GDP dflator}=\frac{Nominal\ GDP}{Real\ GDP}\times100$

$\text{88}=\frac{14,000}{Real\ GDP}\times100$

Real GDP = 159.09 × 100

= $15,909.09

Hence, Real GDP = $15,909.09.

Therefore, Real GDP is greater than Nominal GDP hence we can say that the amount of good produced is worth more than $14,000.

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3 years ago

Momentum Rollerblades has three product lineslong dashD, E, and F. The following information is available: D E F Sales revenu

maksim [4K]

Answer:

Increase in Net Operating Income = $3,000

Explanation:

Provided Current Operating income

D = $45,000

E = $15,000

F = ($5,000)

Total operating Income = $55,000

In case product f is dropped then fixed cost of $21,000 will not be incurred.

Total fixed cost of Product F = $23,000

Avoidable fixed cost = $21,000

Fixed cost still to be incurred = $23,000 - $21,000 = $2,000

Net operating Income will arise same for Product D and E, there will be additional fixed cost of $2,000 without product F

Net Operating Income will be

D = $45,000

Add: E = $15,000

Operating Income = $60,000

Less: Fixed Cost = -$2,000

Net Operating Income = $58,000 after dropping product F

Less: Net operating income with product F = $55,000

Increase in Net Operating Income = $3,000

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3 years ago

Suppose the elasticity of demand for your parking lot spaces, which are located in a downtown business district, is –1.8, and th

LekaFEV [45]

Answer:

ELASTIC

DECREASING PRICE

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

The demand for your parking lot spaces is elastic. if the price of parking is reduced, the demand for parking would rise

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3 years ago

Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was v

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The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.

<h3>What is inherited property?</h3>

When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.

The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.

Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.

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2 years ago

Write a Story for Kumquat​

Write a Story for Kumquat