Answer:
Since there are only a limited number of apartments near the city center, these apartments will be allocated based on <u>BOTH THE COSTS AND BENEFITS</u>. This process is known as <u>OPTIMIZATION.</u>
Explanation:
Optimization refers to calculating the change in net benefits between alternative choices, and choosing the alternative that provides the most benefits at the lowest costs.
For example, the cost of an apartment downtown will be much higher if measured as $ per square foot, but the advantage of saving 90 minutes of travel time a day might justify the extra cost.
If you are married and have children, then the extra cost of living downtown might be too high due to the amount of space needed for the whole family, therefore, it might be cheaper to spend 90 minutes a day travelling than paying an extremely high rent.
Answer: $8,392.56
The total amount Irini owed Olena is $8,392.56
Explanation:
By using compound interest to solve the question
A=p (1+ r/n) *nt (raised to power nt)
A= future amount to be returned (unknown)
P= principal (present value) =$8,000
r = 4.8% = 0.048
t = 1year
n = 12 payments in a year ( the rate compounded monthly)
A= 8000 {1 + (0.048/12)} * 12
A = 8000 ( 1+0.004) *12
A = 8000 (1.004) *12
A = $8,392.56 as the amount to owed.
Nt: * 12 means raised to the power of 12.
Answer: Comparability
Explanation:
The comparability is the term which is used to refers to the standardization which basically describe about the accounting information of an organization.
It helps in enhancing the quantitative characteristics for measuring the overall economical activities between the companies based on their specific status.
According to the given question, the users using the accounting information for differentiating between different types of companies that helps in reporting the various types of same events and this is known as comparability.
Therefore, Comparability is the correct answer.
Answer:
option c
Explanation:
In simple words, An incidental recipient refers to the third party benefiting from a deal with two certain parties, however it is never meant to support a third party. Accordingly, that third party has no legal protection underneath the deal in the agreement. Thus, from the above we can conclude that the correct option is C.
Answer:
The question says ; Determine the total interest expense for Year 1, using the interest method.
Explanation:
- Total interest expense = Issue price x Market rate x Time
- Issue price = $37,282,062
- Time = December 31 - June 30 which is approximately 6months
Plugging the values in the equation ;
- = 37282062 x 8% x 6/12 = $1491282.48
Total interest expense = $1491282.48
