Answer:
Real GDP (2014 price) = $ 250
Explanation:
GDP is the total value (PxQ) of goods & services, produced by an economy during a period of time. Real GDP is the value at constant base year prices.
Given [2015] : Fish Quantity = 5 , Computer Chip Quantity = 20
Base Year [2014] price : Fish = $10 , Computer Chip = $10
2015 Real GDP at 2014 base year price = Price 2014 x Quantity 2015
= (Fish PXQ) + (Computer Chip PXQ)
= (10 x 5) + (10 x 20)
= 50 + 200
= $ 250
Answer:
10.5%
Explanation:
In this question, we use the Capital Asset Pricing Model (CAPM). The formula is shown below:
Expected rate of return = Risk-free rate of return + Beta × market risk premium
= 4% + 1.3 × 5%
= 4% + 6.5%
= 10.5%
The market risk premium = Market rate of return - risk free rate of return.
The dividend and per share is not relevant for the computation part. Hence, ignored it
<span>My answer is D, none of the above because A: Renting does NOT cost more upfront and would not be a benefit if it were true B: Renting is MORE flexible than owning a house, and it being less flexible would not be beneficial. With renting, you can pack your things and go (possibly lose your deposit) as you wish, in a less tied down fashion and finally, C: Renting having a lease that costs money to break would not be a benefit, in fact, this is the opposite of a benefit. Perhaps if it were free to break the less, then it would be considered a benefit of renting a home.</span>
Answer:
The Journal entries are as follows:
(1) On September 9,
Petty cash A/c Dr. $410
To cash $410
( To establish $410 petty cash fund)
(2) On September 30,
Printing expenses A/c Dr. $60
Postage expenses A/c Dr. $70
Miscellaneous expenses A/c Dr. $135
Cash over and short A/c Dr. $11
To cash A/c $276
(To reimburse petty cash fund)
(3) On October 1,
Petty cash A/c Dr. $75
To cash A/c $75
(To increase the petty cash fund to $485)
The bank can repossess the car and if anything is used as collateral they can claim that as well. It is best to not get yourself in debt you cannot pay off.
One way to calculate debt is to figure out what your income is per week, and divide that by the weekly payments for the car. Lets say you make 3200, and your debt is 450 a week.
As shown below
<em>Income ÷ Payments </em>
3200 ÷ 450 = 0.14
Now multiply that by 100 to get your percentage,
0.14 x 100 = %14
Financial advisors recommend that you keep your debt-to-income ratio under 30%.
