Answer: d. the production function is unrelated to the marginal product.
Explanation:
production function helps show the relationship between the quantity of inputs used in producing a goods or service and the quantity of output it produces. Example; a bag of seeds produces 5 bushels of seeds.
While marginal output is an increase in the output of the product, when input is when input is constant.
In this case production is in to marginal product.
Answer and Explanation:
The computation is shown below:
a. Current price is
= D1 ÷ (Required return - Growth rate)
= ($1.20 × 1.04 ÷ (0.1 - 0.04)
= $20.8
b. Now the price in three year is
P3 = Current price × (1 + Growth Rate)^3
= $20.8 × (1.04)^3
= $23.40
c. For price in 10 year it is
P10 = Current price × (1 + Growth Rate)^10
= $20.80 × (1.04)^10
= $30.79
We simply applied the above formula
<span>This is an example of "Non-normative life event".
Non-normative life events refers to those events that happen surprisingly, for example, catastrophic events, loss of a relative and war or winning a lottery which is unexpected. Indeed, even in cases that passing or sickness, in particular ages, are factually viewed as regularizing, they are really non-regulating. They are as yet startling and undesired occasions, related with serious impacts. Non-normative events might be included both negative and positive occasions, for example, passing of a darling individual or winning in a lottery. Be that as it may, in the two cases, they are unexpected and slightly related to chronological age.</span>
B. Finance a car. If they need to use one yearly, then it would be best to finance one and pay it off over time
Answer:
No. Account Type Likely account entries
1. Fees Earned , normal balance is credit (b) Credit entries only
2. Utilities Expense , normal balance is debit (a) Debit entries only
3. Accounts Payable , normal balance is credit (c) both debit and credit entries
4. Supplies , normal balance is debit (c) both debit and credit entries
5. Cash , normal balance is debit (c) both debit and credit entries
6. Accounts Receivable , normal balance is debit (c) both debit and credit entries
Explanation:
Accounts that normally have debit entries include assets (both long-term and current), expenses, and losses. Accounts that normally have credit entries are liabilities, equity, revenue, income or gains. Most accounts have debit and credit entries before their normal balances are indicated. The accounts with debit entries are mainly expenses and losses, while revenues and income have mainly credit entries.
