Answer:
a. N = 7, I/Y = 4, PV = -37,000
Explanation:
In financial calculator % is already written in the calculator so we have to write only number in calculator.
Option b incorrect because it has included a number with % ( 4% ) sign that we dint do usually in calculator.
Option c is incorrect because it has taken pv as positive
Option d is incorrect because it has written 4% that we don't put in calculator as well as it has inserted positive pv which is also wrong.
Answer:
The correct answer is letter "C": full-time job that one could have gotten instead of going to college.
Explanation:
Opportunity costs can be defined as the return of the chosen option compared to the options forgone. Opportunity costs represent also the return of the best next available option after the option selected. Opportunity costs can be positive or negative which implies the option chosen was not the most optimal.
In this case,<em> the opportunity cost of going to college after finishing school is represented by starting to work in a full-time job to earn money.</em>
Answer:
the balance in the Cash account should be C : $25,000.
Explanation:
Assets=(Liabilities+Owner’s Equity)
Assets= Cash+account receivable+Suplies+Equipment
Cash 25.000
Acoount Receivable 5.000
Supllies 12.000
Equipment 18.000
Assets 60.000
Account Payable 17.000
Liabilities 17.000
Stakholder equity 43.000
Equity 43.000
Liabilities+ Equity 60.000
A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is $500 and his average revenue is $5 .it cannot change its quantity of output.
Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.
The amount made per unit of output is referred to as average revenue. In other words, it is the money the seller makes from each commodity unit that is sold. Divide the entire revenue by the total output to get the average revenue for a company.
Learn more about Revenue here brainly.com/question/16232387
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Answer:
Buy 7% less houses
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income
Income elasticity of demand = percentage change in quantity demanded/ percentage change in income
1.40 = percentage change in quantity demanded/ 5%
Percentage change in quantity demanded = 1.4 × 5% = 7%
Because the coefficient of elasticity is greater than one, it means demand is income elastic. This means quantity demanded is responsive to changes in income. A fall in income would reduce the quantity demanded.
I hope my answer helps you
