Each tire is worth $134.79 :)
Answer:
Present value deposit today = 216,886 (Approx)
Explanation:
Given:
Number of year (n) = 16 years x 4 quarter = 64
Rate of interest (r) = 1.6% = 0.016 / 4 = 0.004
Future value = $280,000
Present value = ?
Computation of present value deposit today:
Present value deposit today = 216,886 (Approx)
Answer:
The correct answer is letter "D": explains most of the differences in the standard of living across countries.
Explanation:
Productivity is an economic term that describes the relationship between output and inputs needed to produce those outputs. It measures effectiveness. The total production of a country given a period is calculated in its Gross Domestic Product (GDP).
When the GDP is divided by the total population of a country it is called GDP per capita which reflects the average expenditure of individuals. This metric allows having an idea of what the lifestyles of those people are. Usually, <em>smaller wealthy countries such as Switzerland have higher GDP per capita showing a better quality of life.</em>
Answer:
The correct answer is E)
Explanation:
Capital budgeting is an accounting method that corporations use to decide which planned acquisitions of fixed assets will be approved and which should be refused.
Some examples of Capital Expenditures include:
- Construction of an additional building
- Procurement of delivery vehicles
- Procurement of new equipment
- Rehabilitation of existing equipment
If one of the criteria for classification under Capital Expenditure is that it must be in the plan, then none of the above items mentioned in the question will fly.
Monies have already been expended on the options A, B, and C.
Option D is an offer to purchase an existing asset, not a planned investment. Therefore it also does not qualify.
Hence the correct answer is E.
Cheers!
Answer:
$2,664
Explanation:
Generally Acceptable Accounting Principles requires that the closing inventory should be valued at lower of cost and Net realizable value.
Product Quantity Total Cost Total Net Realizable Value
Revolvers 13 $126 $155
Spurs 22 $32 $27
Hats 9 $58 $48
Choosing Which one is lower for each product
Product Quantity Rate Total Value
Revolvers 13 $126 $1,638
Spurs 22 $27 $
594
Hats 9 $48 $432
Total Closing Inventory Value = $1,638 + $594 + $432 = $2664
