Answer:
Australia has purchasing-power parity with the U.S.
Explanation:
A basket of goods costs $800 in the US. The same basket costs 1,000 euros in France and 960 Australian dollars in Australia.
The nominal exchange rate for euros is .80 euros per U.S. dollar and for Australian dollars, it is 1.2 Australian dollars per U.S. dollar.
The purchasing power parity theory compares the currency of two countries through a basket of goods. The currency of the two countries is in equilibrium or is at par if a basket of goods cost the same in both the countries.
This method compares the economic productivity and standard of living in two countries.
Converting the value of basket in France into US dollars,
= 
= $1,250
Converting the value of basket in Australia into US dollars,
= 
= $800
The cost of the basket of goods is same in Australia. This indicates that Australia has purchasing-power parity with the U.S.
Answer: $8025
Explanation:
From the information given, first and foremost, we need to realise that only the building in this case will be depreciated due to the fact that land is considered to be a non depreciable asset.
Therefore, the MACRS depreciation charge for year 1 will then be:
= MACRS rate × Value of Building
= 1.605% × $500,000
= 0.01605 × $500,000
= $8025
The answer is option D. B<span>usiness financial management]
The job of Business Financial managers cut across many sectors; their job is to see to </span><span>the </span>financial<span> health of an organization, by produce </span>financial<span> reports, directing investment activities, and developing strategies and plans for the long-term </span>financial<span> goals of their organization. As such, they are employed not only in private companies and non-profits, but also in such places as </span><span>hospitals, department stores, and car manufacturring firms.</span>
Answer:
The correct answer is letter "A": True.
Explanation:
Term loans are those where individuals or organizations request a certain amount of money from a financial institution with the promise the individual or institution will be in charge of a series of periodical payments (principal + interest) to cover the debt.
<em>Term loans are privately negotiated between borrowers and lenders, offering the advantage of speed because there is no need for filings with the Securities and Exchange Commission (SEC) or other regulatory entities to request them.</em>
Answer:
$109,000
Explanation:
Average Investment = ( Initial Investment + Residual Value ) ÷ 2
Therefore,
Average Investment = ( $218,000 + $0) ÷ 2
= $109,000
