Answer:
The amount of investment income is $52,000
Explanation:
Assets of $690,000
Liabilities of $230,000
Spoon's assets were equal except for land, which had a fair value $108,000 more than book value, and equipment, which had a fair value $80,000 more than book value.
Net income of $68,000
Paid dividends of $34,000
Proportionate share of reported income
Share in income from investment = 68000 × 100% = $68,000
Depreciation on equipment = (80,000 ÷ 5) = ($16,000)
Amount of investment income = $68,000 - $16,000
= $52,000
Answer:
Explanation:
If workers are free to move between sectors, the wages in each sector will be equal. If wages are not equal, the workers will be motivated to move to sectors with higher wages and this will make a higher salary reduction, and lower wages will increase until they equal.
b. Since there are 100 workers in total,we have:
- Ls =100- Lm = 100 -4w
- Lm = 4w
Now set this equal to the labor demand for manufacturing equation and solve for w:
Substitute w =20 into the two labor demand equations, we have LM = 80 and LS i= 20
c. If the wage in manufacturing is equal to $25 then
d. There are now Ls = 50 workers employed in the service sector and the wage:
<=> 50 = 100 -4Ws
<=> Ws = 12.5
e. Wages in the manufacturing sector will remain at 25 dollars and jobs will remain at 50. If wages are reserved for the service sector is 15 dollars, then jobs in the service sector will be 40. Therefore 10 unemployed and the unemployment rate is 10%.
Answer:
There are a thousand and one scenarios that would make me break my piggy bank.
Explanation:
If I came across a very good deal, I'd draw from my financial reserve and empty it if need be to take advantage of such an opportunity.
Imagine for instance that a 2020 Chevrolet Silverado 2500HD truck which normally goes for about $34,000 is suddenly available for whatever legitimate reason for about $10,000 and its only 3 months old without dents or any mechanical fault, perhaps the owner needs cash for something equally more profitable to them, I'd grab the opportunity to buy it and resell at a higher price in order to turn a decent profit.
For a car that has only been used for three months, I can resell easily and very quickly at half the original price making a $7,000 in profit or I decide to hold on a little while can actually sell at a much higher price for nearly $30,000 perhaps one or two thousand dollars less and still make an extremely good profit.
Cheers
I'd assume it'd be the shoulder belt. What were your options?
Answer:
Joel Thomas Zimmerman, known professionally as Deadmau5, is a Canadian electronic music producer, DJ, and musician. Zimmerman produces a variety of styles within the progressive house genre and sometimes other forms of electronic music
Explanation:
