Answer:
The correct answer is C
Explanation:
Equity method is the method which involve the process for treating the investment in the associate companies. The proportional share of investor, in the associate company's net income income increases the investment whereas net loss decreases the investment and the proportional payments of dividends decrease it.
So, in this case, the Armando company owning the 17,000 of the 70,000 shares of Tito company, therefore, the investment should be accounted by the equity method.
Answer:
b) $10 trillion
Explanation:
Price level = NGDP / RGDP = 2
NGDP / RGDP = 2
As per the quantity theory of money,
MV = PQ
M.(2) = 20
M = 10 trillion
Therefore, The money supply is $10 trillion.
Here are some actions that would enable John to maximize his earning and earn more interest :
- By Selecting an account with high interest rates
Different banks usually used different interest rates. John need to carefully research it and choose the one with higher interest rate
- Leaving his money in the account for a long period of time
- Deposit a larger amount of money since the interest earning are dependent on the deposited amount
Answer:
$392,000
Explanation:
Double-declining-balance method is (2/useful life) x cost -accumulated depreciation)
cost = purchase price - residual value
2/5 x( 1000000-20000)
= $392,000
Answer: $6.00
Explanation:
From the question, we can see that the productivity in the United States is (45/9) = 5 times higher than that of Mexico.
Therefore, the wages in Mexico should be 5 times lower than the wages paid to the workers in the United States. This will be:
= $30.00 / 5
= $6.00
Therefore, in order for the firm to reduce its wage cost per unit of output by moving to Mexico, the wages in Mexico must be below $6.00 per hour.
