Answer:
9.85%
Explanation:
Data provided in the question:
Initial Offer price = $23.45
Current NAV = $22.28
Dividends and capital gains distributions over the year = $1.09 per share
Now,
Holding period return
= [Current NAV + Dividends and capital gains distributions - Initial Offer price ] ÷ Initial Offer price
= [ $24.67 + $1.09 - $23.45 ] ÷ $23.45
= $2.31 ÷ $23.45
= 0.0985
or
= 0.0985 × 100%
= 9.85%
Answer:
Date Account Title Debit Credit
1-Jul Supplies $345
Accounts Payable $345
2-Jul Utilities expense $700
Cash $700
3-Jul Salaries expense $875
Cash $875
8-Jul Cash $4,015
Accounts Receivable $4,015
12-Jul Accounts Receivable $11,000
Revenue earned $11,000
Answer:
Hilary is a retired teacher who lives in Miami and does some consulting work for extra cash. At a wage of $50 per hour, she is willing to work 10 hours per week. At $65 per hour, she is willing to work 19 hours per week.
Using the midpoint method, the elasticity of Hilary’s labor supply between the wages of $50 and $65 per hour is approximately 2.37 , which means that Hilary’s supply of labor over this wage range is elastic.
Explanation:
Midpoint elasticity = (Change in labor supplied / Average labor supplied) / (Change in wage rate / Average wage rate)
= [(19 - 10) / (19 + 10) / 2] / [$(65 - 50) / $(65 + 50) / 2]
= [9 / (29 / 2)] / [15 / (115 / 2)]
= (9 / 14.5) / (15 / 57.5)
= 0.62/0.26
Midpoint elasticity = 2.37
Once elasticity is greater than 1, supply of labor is Elastic.
Answer:
B. $29,000
Explanation:
The cashflow from operating activities is calculated as below:
Cashflow from operating activities = Net income + Depreciation - Working capital investment
= Net income + Depreciation - (Change in inventories + Change in account receivables - Change in account payables)
Putting all the number together, we have:
123,000 = Net income + 38,000 - [(-27,000) + 31,000 - 48,000 - 12,000),
Solve the equation we get Net income = 29,000.
False
Aperture and shutter speed are not separate entities
