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3 years ago

What is economics and how do go about doing economics

Business

1 answer:

V125BC [204]3 years ago

3 0

Economics is <span>the branch of knowledge concerned with the production, consumption, and transfer of wealth.

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You have just won the multi-state lottery jackpot of $500,000,000! you have the option of receiving a check for $25,000,000 ever

tekilochka [14]

(10,000,000) / (20) = 500,000

(10,000,000) * (0.069) = 690,000 in taxes.

So (10,000,000) - (690,000) = 9,310,000 in a lump sum.

In 20 payments it would be $500,000 minus the taxes.

($500,000) - [(690,000)/(20)]

($500,000) - [$34,500] = $465,500

One lump sum would be $9,310,00. If they don't charge you taxes if you get the 20 payments per year, you would get $500,000. If you're charged taxes you'd get $465,500 per year.

6 0

3 years ago

Which of the following are clichés?

Anarel [89]

Answer:

2nd scentence

Explanation:

8 0

3 years ago

Read 2 more answers

Hugh has the choice between investing in a city of heflin bond at 6.60 percent investing in a surething bond at 10.00 percent. a

butalik [34]

Answer: Surething Inc, needs to issue bonds with 11% interest rate in order to make Hugh indifferent between investing in two bonds.

We arrive at the answer in the following manner:

The City of Helfin bonds are municipal bonds and hence they are tax free. This means that Hugh will get an after - tax return of 6.6%.

The bonds of Surething Inc offering a 10% interest, however are taxed at 40%. So, the current after-tax returns of the bond is:

$After - tax return= Pre- tax return * (1 -tax rate)$

$After-tax return= 0.1 * (1-0.4)$

Current after tax return = 0.06 or 6%

However Hugh will be indifferent to investing in these two bonds only if they offer the same after-tax return of 6.6%.

Given this, we can calculate the indifference rate as follows:

$After - tax return= Pre- tax return * (1 -tax rate)$

$0.066= Pre- tax return * (1 -0.4)$

$\frac{0.066}{0.6}= Pre-tax return$

Pre-tax return = 0.11 or 11%.

8 0

3 years ago

On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware

lawyer [7]

Answer:

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

B. $148,500

Explanation:

1. Preparation of the journals entry

2021

Dr Research and development expense $3,600,000

Cr Cash $3,600,000

(To record the expenses incurred on research and development)

2022

Dr Research and development expense 1,500,000

Dr Software and development costs 594, 000

Cr Cash 2,094,000

(1,500,000+594,000)

(To record the software development costs incurred)

2.Calculatation for the amortization for 2022

Using percentage of revenues method

Amortization= Current revenue/Total revenue* Software development costs

Amortization=$1,560,000/$7, 800,000*$594,000

Amortization=0.2*$594,000

Amortization=$118,800

Using straight line method

Amortization =1/Useful life* Software devel opment costs

Amortization=1/4*$594,000

Amortization=$148,500

Based on the above calculation Tmte expense amounts under straight-line method is higher . Which means that , the amortization is $148,500.

5 0

3 years ago

Turner, a billing executive, goes directly above his immediate boss, Ally, to Charlie for permission to take his lunch break 30

SSSSS [86.1K]

Answer: Option A

Explanation: In simple words, Scalar principle refers to the rule under which a subordinate is obligated to report his or her actions to the immediate supervisor and not the higher management.

In the given case, Turner asked from his superior to take lunch break early which in turn resulted in the perception that it is allowed in the organisation. Therefore, turner gave authority to his subordinates and other co workers the of the department to do the same also.

Hence from the above we can conclude that the correct option is A.

5 0

3 years ago