Answer:
D . The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%
Explanation:
Nominal rate = 5% compunded quaterly
rate of interest per quarter = 5% / 4
= 1.25%
effective rate of interest = ( 1 + 5% / 4 )4 - 1
= ( 1 + 0.0125)4 - 1
= 1.05094 - 1
= 5.094%
Answer:
Ozzie's purchase of the 2017 new Ford would be included in GDP
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Only goods produced in a given year would be included in the calculation of GDP.
Its only the 2017 new Ford that produced in 2017 that would be counted as part of 2017's GDP
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For this problem, we are required to calculate the net operating income.
In order to answer the question, we will first calculate the impact of the changes on the Hardware department. Then we will add the remaining fixed costs that are currently charged to Linens that will continue.
To calculate net operating income, subtract operating expenses from the revenue generated by a property. Revenue from real Hardware department estate includes rental income, parking fees, service changes, vending machines, laundry machines, and so on.
Net income, also known as the bottom line, Hardware department indicates a business's profitability. It shows how much profit is left from revenue after accounting for expenses and liabilities. Net income is profit that can be distributed to business owners or shareholders or invested in business growth.
A corporation's positive net income causes an increase in the retained earnings, which is part of stockholders' equity. A net loss will cause a decrease in retained earnings and stockholders' equity.
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Answer:
Deprecation base=$26,300
Explanation:
Given Data:
Cost of machine=$28,000
Tax=$125
Fees=$200
Shipping charges=$500
Paid to contractor to build and wire a platform for the machine=$475
Salvage value=$3000
Useful life = 6 years
Required:
Depreciation base of Cominsky's new machine=?
Solution:
Deprecation base=Acquisition Cost-Salvage Value
Acquisition Cost:
It is the cost which involves the buying of asset and making the asset to work. In our case:
Acquisition Cost=Cost of machine+Tax+Fees+Shipping charges+Paid to contractor to build and wire a platform for the machine
Acquisition Cost=$28,000+$125+$200+$500+$475
Acquisition Cost=$29300
Deprecation base=Acquisition Cost-Salvage Value
Deprecation base=$29300-$3000
Deprecation base=$26,300
Answer:
P-value for slope coefficient of the size of the mode CuFt is0.00
Explanation:
The slope coefficient is change in probability when all other independent variables are held constant. The output is 93.3 which is due to the variation in labor hours. These variations are due to large number of furniture moved in cubic feet.