Answer:
173,333.33
Explanation:
Lumpsum + Appraisal = Total Spent
500,000 + 20,000 = 520,000
Land + Building + Equipment = Total Fair Value
100,000 + 200,000 + 300,000 = 600,000
Building Costs:
Fair Value Building / Total Fair Value = % of the building cost to apply to the total spent x Total Spent
200,000 /600,000 = .3333 x 520,000 = 173,3333.33
Answer:
The greater labor's share of production costs, the <u>higher</u> elasticity of demand for labor.
When labor costs are a high share of total production costs, the elasticity of labor demand is higher. For example, customer service jobs like fast foods, or gas pumping, have high labor costs as a percentage of total production costs, and these sectors have a very elastic labor demand.
you would expect the demand for human ski instructors to be less elastic the demand for human factory workers.
In the year 2035, with robots having replaced most humans in factory jobs, occupations such as ski instructor, or dance instructor, or musician, would have a low labor demand elasticity because these skills are not easily learned, or easily replicated by a robot, meaning that the humans specialized in those jobs will be more demanded, and the demand for their labor will be more stable.
Answer:
Calculate the dirty price.
Here, coupon interest is compounded semiannually. Hence, divide coupon rate by 2.
Dirty Price = Bond Clean Price + Accrued Interest
Dirty Price = Bond Clean Price +(Face Value X Coupon Rate/2 X Day Count/ Total Days
Dirty price = 1026 + (1000 x 6.6%/2 x 74/183)
Dirty price = $1,039.34
Answer:
False
Explanation:
The contract is not voidable at Leslie's option but rather at the supplier's option. This is because Leslie has agreed to the buy the shoes, irrespective of the price.
Should Leslie want a price stated in the contract, the case has to be taken to court and the judge will have a price stated that suits both parties.
Cheers
Answer:
$1,779.90
Explanation:
Formula for finding the amount he has to save, this formula would be used :
Amount = FV / annuity factor
Annuity factor = [(1 + r)^n - 1 / r]
FV = Future value = $5920
n = number of years = 3
i = interest rate = 10.5
Annuity factor = (1.105^3 - 1 ) / 0.105 = 3.326025
$5920 / 3.326025 = $1,779.90