When a firm sells a product out of inventory, investment expenditures decrease, and consumption expenditures increase.
The answer in the space provided is rumble strips. They are placed on the lane edge to inform or warn the drivers that they are either leaving their travel lane or that they are entering the part of the high way that are not used for traffic use. They are set as a warning for drivers to indicate a specific warning that will be of benefit to them as they drive.
Different sellers of wheat like MacDonald's farm and Mickey's Farm where they do not have an influence on the price marks the existence of pure competition in the economy.
<h3>What is pure competition?</h3>
Pure competition refers to a market where there is free entry and exit of buyers and sellers in the market selling exactly the same product with, no buyer or seller can influence the price.
Hence, if there is a pure competition in the wheat market, none from the aforementioned sellers would be able to sell enough so that they can influence the price.
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Answer and Explanation:
The external reporting of GAAP-based budget summaries for a non-benefit hospital will vary to a profit hospital in the accompanying ways:
- For profit's hospital money related reports starts heading as "letter" from the entrepreneur or the CEO. The focal point of this letter is on the earlier year tending to any trouble the organization has survived. Though, non-benefit yearly reports report out the association's motivation and measurements about what number of individuals have profited by the examination, projects and administrations.
- The yearly report of revenue driven associations regularly delineates how well they deal with their cash, to dazzle the potential speculators. Though, non-benefit associations simply center around how they go out dealing with the things will pretty much nothing or less assets close by, and the financing they put into their projects and administrations to help improve the network and offer help for those out of luck.
- For profit associations wind up revealing their future field-tested strategies, for example, new item or administration propelling, which would make higher income and benefits for the organization in future. Not-for-profit associations, will some way or another state what administrations or projects have been the best and how they plan on building up these to serve more individuals on a bigger scale.
Answer:
Annual deposit= $3,474.39
Explanation:
Giving the following information:
You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. The account pays 6.4 percent interest.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (60,000*0.064)/[(1.064^12)-1]= $3,474.39