Answer:
c. $(5,000)
Explanation:
Calculation for the record of either gain/(loss)
In Case B
Book Value amount was $39,100
Fair Value amount was $34,100
Hence:
Using this formula
Gain/(loss)= Book Value-Fair Value
Let plug in the formula
Gain/(loss)=$39,100-$34,100
Loss=$5,000
Grand Forks would record a loss of $5,000 because the fair value which is the price the buyer is willing to buy the asset is lesser than than book value amount.
Answer:
Specialization can lead to an increase in overall production
Explanation:
We specializes in something we are skilled at and will become better at and so we will be able to produce more of that goods and services
Answer: Option (b) is correct.
Explanation:
Correct option: Small part of real GDP, yet it accounts for a large share of the fluctuation in real GDP.
Investment contains spending on equipment, machinery, structures and property are called as fixed investment and investment in stock. It is normally a small part of real GDP but it is responsible for the large fluctuations occur in the real GDP.
It is an important component of GDP because it increases the productivity and boosts the employment opportunities.
Answer:
The authors find that sector specialization has an overall positive effect on banks' performance. In contrast, Bebczuk and Galindo (2007) find for Argentina that banks with a diversified credit portfolio have fewer non-performing loans.
