Answer:
a. What would be the value of a savings account started with $700, earning 4 percent (compounded annually) after 10 years?
$700 * 1.480 = $1,036.00
b. Brenda Young desires to have $15,000 eight years from now for her daughter’s college fund. If she will earn 6 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.
$15,000 * 0.627 = $9,405
c. What amount would you have if you deposited $1,800 a year for 30 years at 8 percent (compounded annually)?
$1,800 * 113.28 = $203,904
Answer:
The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285
Explanation:
MRTS_KL = MP_L/MP_K
= (7K + 10L - L^2)/7L
= (7*30 + 10*15 - (15)^2)/7*15
= 1.285
Therefore, The value of the marginal rate of technical substitution when K = 30 and L = 15 is 1.285
900,000 / 1/4 = liabilities
900,000 - liabilities - stockholder's equity
900,000/4 = 225,000
900,000 - 225,000 = 675,000
Answer:
(B) multicollinearity is present.
Explanation:
Multicollinearity -
It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with the substantial degree of accuracy , is known as multicollinearity or collinearity .
<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>
hence , from the question , the indication is of (B) multicollinearity is present .
Answer:
1 a) + asset , + preferred stock
b) + asset , + preferred stock
c) + assets , + stockholder's equity
d) - and + Asset
e) + -Asset
f) - Equity , + liability
g) - Equity , - Asset
journal entry
a) Debit bank 700000 Credit Preferred stock 700000
b) debit land 420000 , credit preferred stock 420000
c) debit bank 768000 credit stockholder's equity 768000
d) Debit investment 270000 credit bank 270000
e) Debit bank 189000 , credit investment 189000
f) Debit dividend 19600 credit shareholders for dividends 19600
g) debit dividends 96000 credit bank 96000
Explanation:
dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600
dividends common stock = 48000 * 25 * 8 % = 96000
