Answer:
Option (d) is correct.
Explanation:
In a perfectly competitive market, there are large number of buyers and sellers, so price and quantity is determined by the market forces. Firms in a perfectly competitive market can earn abnormal profits, normal profits or losses in the short run and can earn normal profits and losses in the long run.
The profit for these firms is calculated by subtracting the product of average total cost and quantity from the product of price and quantity.
Profit( = (P × Q) - (ATC × Q)
Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months
A. monthly payment amount
to the nearest cent
B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)
A set of keywords and symbols used to define searches on the internet are referred to as Boolean operators.
With boolean operators, we're talking about the AND, OR, NOT words that we would usually use when we would try to combine multiple strings together.
Answer:
B
Explanation:
Year end - December 31,2018 (first account year)
Pretax Income - $640,000
Interest expenses ( $20,000)
Excess warranty expense add back $45,000
Excess depreciation deducted ($120,000)
Taxable income = $545,000
Tax rate = 40%
Income tax expense for 2018 = $545,000 * 40%
=$218,000
Answer:
$258,000
Explanation:
Frank houser will benefit in the following ways from Durable goods.
Team equipment worth $108,000 and $150,000 for the right to place the logo on uniforms.
The total benefits will be $108,000 + $150,000
=$258,000