Answer:
$5,800; $3,200
Explanation:
Calculation to determine The delivery expenses that should be charged to Dept. A and Dept.
Dept. A and Dept. B
Direct expenses $1,000 $0
Indirect expenses $4,800 $3,200
[$60%*($9,000-$1,000)=$4,800]
[$40%*($9,000-$1,000)=$3,200]
TOTAL $5,800 $3,200
Therefore The delivery expenses that should be charged to Dept. A and Dept. B, respectively, are:$5,800 $3,200
Answer:
1. The disagreement between these economists is most likely due to
a. differences in values
2. Despite their differences, with which proposition are two economists chosen at random most likely to agree?
a. Lawyers make up an excessive percentage of elected officials.
Explanation:
Economists chosen at random do not usually agree on economic events and realities, instead, they are more likely to agree on issues that are not economic. They offer differing opinions based on similar principles. Most of their disagreements stem from differences in what they place their values on. Some value market-oriented approaches while others value government interventions in market situations, with other variants in-between.
Answer:
E.T. the Extraterrestrial
Adjustment for inflation in 1997
Value of E.T. box office receipts = $723,681,284.11 ($435,110,554/96.5 x 160.5)
Explanation:
To adjust a 1982 receipts for inflation in 1997, the 1982 receipts is divided by the 1982 price index and multiplied by the 1997 price index. This results to an inflation-reflected receipts in 1997.
The adjustment helps to put a value that is equivalent to the current price (assessed period's current price) having factored in inflation.
A Consumer Price Index is a statistical estimate that measures the changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is measured periodically to reflect inflation.
Inflation is the general rise in the prices where a unit of currency yesterperiod buys less today than it did. It is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time.
Answer:
The future price of Silver is $26.14
Explanation:
First we compute Total storage costs(Tsc) in the future given by the equation:
T<em>sc</em> = (S<em>c</em>/4) * [ 1 + exp(-rT<em>1</em>) + exp(-rT<em>2</em>) ]
where Sc is the storage cost today
where r is the rate
S<em>c</em> = $0.24
T<em>1</em> = 3/12
T<em>2</em> = 6/12
r = 5%=5/100
= 0.05
Tsc = (0.24/4) [ 1 + exp(0.05*3/12) + exp(0.05*6/12) ]
Tsc = 0.06 [ 1 + exp(-0.05×0.25) + exp(-0.05×0.5) ]
Tsc = 0.178
The future price( Fv) is given by:
Fv = (Sp+ Tsc) *exp(rt)
where Sp is the spot price of silver
where r is the interest rate
where t is the delivery time ratio (9 months compared to 12 months)
Sp = $25
r = 5%
= 5/100=0.05
t = 9/12
=0.75
Fv = (25. 000+0. 178) * e
xp(0. 05×0 .75
)
Fv = $26. 14