Answer:
You will not have enough.
Explanation:
The rate of the investment is compounded, so the value at year 1, will be the value at year 0, increased in a 4%. Then, the value at year 2 will be the value at year 1, increased in other 4%, that's equal to the value at year 0 increased twice at 4%.
So, the formula to calculating the value at year 15 is 75,000*(1.04)^15 = 135,070.63. THen, it will not be enough. You have to invest at least 214,000/1.04^15 = 118,826.20 at year 0, at a rate of 4%.
Answer:
The answer is True.
Explanation:
Because, then new firms will enter in the long run causing market supply to decrease, market price to fall , and profits to decrease.
Answer:
$4,400,000
Explanation:
A balance sheet is a statement showing the financial position of a business as at a particular date. At all time the Asset of a business must be equal Liabilities + Owners' Equity. i.e Assets = Liabilities + Owners' Equity.
In the case of Hotela's balance sheet
Asset= $ 6,400,000
Equity = $2,000,000
Liabilities = ?
Going by the accounting equation Assets = Liabilities + Owners' Equity.
To calculate liabilities the formula below will be used
Liabilities = Asset - Owners' equity
Therefore Liabilities = $6, 400,000 - $2,000,000 = 4,400,000
Hence the answer is 4,400,000
Answer: A hope this helps you :)
Explanation:
Answer:
True
Explanation:
Different combinations of factors of production result in different comparative advantages because each type of resource is better suited for producing certain types of goods. E.g. countries with abundant land and labor resources will probably have a comparative advantage in the production of agricultural products. While countries with abundant capital and labor will have a comparative advantage in the production of industrial goods.