Answer:
A is the correct option.
Explanation:
The increase in the general price is known as inflation. This inflation occurs when people know that Inflation is going to occur and they start preparing for it. e.g In case of increased interest rates if the inflation is anticipated, the banks try to protect themselves by increasing the interest rates. There is also unanticipated inflation which occurs when people are unaware that inflation until the price level increases. In the case of unanticipated inflation, people are unprotected.
Answer:
a. 10 times
Explanation:
The computation of price-earnings ratio is shown below:-
Earning per share = Net income ÷ Weighted average shares outstanding
= $2,000,000 ÷ 400,000
= 5
Price earning per share = Market price per share ÷ Earning per share
= $50 ÷ 5
= 10 times
Therefore for computing the price earning per share we simply applied the above formula.
The finance lease is the journal entry can be created by debiting the lease asset account and crediting the lease liability account. The amount of lease asset or lease liability recorded in this journal entry is the fair value of total lease payments.
Because short-term leases are not capitalized, no depreciation expense on the right of use asset or finance cost on the lease liability is recognized. Payments on short-term leases are expensed by the less on a straight-line or other systematic basis.
Debit the appropriate fixed asset account and credit the capital lease liability and account with the amount.
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Answer:
$4,021.77
Explanation:
To solve this question find the present value of each cashflow then sum them up.
<u>PV of 2,000 received at year 2;</u>
Using a financial calculator, input the following;
FV = 2,000
I = 6%
N = 2
PMT = 0
then compute present value; CPT PV = $1,779.99
<u>Next, PV of 3,000 received at year 5;</u>
Using a financial calculator, input the following;
FV = 3,000
I = 6%
N = 5
PMT = 0
then compute present value; CPT PV = $2,241.78
Then sum up the two PVs = $1,779.99 +$2,241.78 = $4,021.77
Answer:
Snow fell from 6:30 a.m. to 11:00 a.m, accumulating at a constant rate. At 8:00 a.m., the snow was 8 inches deep. By 11:00 a.m., it was 20 inches deep.
How much snow fell each hour?
inches
How much snow was already on the ground at 6:30 a.m.?
Explanation:
