Answer:
$5600
Explanation:
The amount of depreciation expense for year 1
depreciation under the first year under units of activity method
[ (cost - salvage value) / estimated machine hours ] * actual machine hours worked in the first year
= [(70000 - 14000) / 40000 ] * 4000
= 56000 / 40000 ) * 4000
= 1.4 * 4000 = $5600 ( amount of depreciation expense for year 1 )
<u>Answer:</u> Speculation.
<u>Explanation:</u>
Carlos tries to make a profit through exchange rates. Carlos is a speculator who tries to make profit through market fluctuations. The strategy is a risky strategy as the speculators based on their knowledge about the market make decisions accordingly.
Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.
What is the concept of money?
A generally accepted medium for the exchange of goods and services, for measuring value, or for making payments. Many economists consider the amount of money and growth in the amount of money in an economy very influential in determining interest rates, inflation, and the level of economic activity.
How does the concept of money work?
Money is supposed to serve three main purposes: 1) a medium of exchange, 2) a store of value, 3) a unit of account. The exchange value of money equals the amount of goods and services it can be traded for at any given moment, popularly called its purchasing power.
Answer:
The correct answer will be the "proportion of firms with flexible prices".
Explanation:
- The sticky market or price mechanism induces on the upward steep slopes quantity supplied for the immediate term cumulative. That was because firms reacting to changes and differences in economic conditions are restrictive in fluctuating prices.
- We addressed the explanations or causes behind the strength and stiffness throughout this section.
So that the above is the correct solution.