Answer:
According to consumer price index a tuiton of 1,834 in 1989 is worth: $3,591.58 in 2009
Explanation:
To convert a past price into future we do as follow:
229/117 = 1.9572649
Then, we multiply the past amount by this multiplier to get the value in todays dollars:
1,835 x 1.9572649 = 3,591.581 = 3,591.58
Answer:
Supplies at the year end before adjustment $780
Supplies on the hand after adjustment <u>$225</u>
Supplies Expenses <u>$555</u>
Adjusting Entry Debit Credit
Supplies Expenses $555
Supplies $555
Answer:
124.39Y/$
Explanation:
Calculation to determine the approximate forward exchange rate for 180 days
Using this formula
Forward exchange rate/spot exchange rate = [(1+rh)/(1+rf)]*r
Where,
rh = periodic interest rate in the home currency
rf = periodic interest rate in the foreign currency
r=Spot rate
Forward exchange rate= [1+3%*180/360]/[1+4%*180/360]*125¥/$.
Forward exchange rate = 1.015/1.02* 125¥/$
Forward exchange rate= 124.39Y/$
Therefore the approximate forward exchange rate for 180 days is 124.39Y/$
Answer:
Right
Explanation:
Right if you expect tax rates to go up or because right now you are starting your career and your tax bracket would be lower now than what it will be later on. When you are older and in retirement, you would want to save your money and not have to worry about any taxes.
Answer:
Explanation:
Owning a franchise has the following main advantages:
1) A franchise owner gets valuable help throughout the lifespan of the business. Upon acquiring a franchise, the business owner receives a continuous training and assistance necessary for marketing and management.
2) Owning a franchise comes with a low rate of failure. A franchise comes with an established business concept that is already successful in the market which assures the owner of better chances of success compared to starting up an independent business.
