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2 years ago

13

"The price of a new car increased by 2/3 over the last five years. If the original price of the car was $12,000, what is the pri

ce today?"

1 answer:

Slav-nsk [51]2 years ago

8 0

Answer:

$20,000

Explanation:

First find 2/3 of $12,000. It is $8000.

The price of the car today = $12,000 + $8000= $20,000.

I hope my answer helps you

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The national accounts of Parchment Paradise are kept on (you guessed it) parchment. A fire in the statistics office destroys s

Mama L [17]

Answer:

GDP [Expenditure Approach] is $7,040, Depreciation is $920

Explanation:

The formula for calculating GDP [Expenditure Approach] is Consumption expenditure + Investment + Government expenditure + Exports − Imports

Mathematically,

Y = C + I + G + (X − M)

Where C = $7,000, I = $160, G = $180, (X-M) = -$300

Y = 7000 + 160 + 180 - 300 = $7,040

GDP [Expenditure Approach] is $7,040

Depreciation = GDP - NDP

NDP = wages + profits + interest + rent + net factor income of unincorporated businesses

Where wages = $5,900, profits + interest + rent = $220, net factor income from abroad = $0

NDP = 5900 + 220 + 0 = $6,120

Applying Depreciation = GDP - NDP, we have:

Depreciation = 7040 - 6120 = $920

N.B: The depreciation is a measure of the statistical discrepancy between the GDP and NDP

7 0

2 years ago

Exercise 25-08 Pierre’s Hair Salon is considering opening a new location in French Lick, California. The cost of building a new

Bas_tet [7]

Answer: 14%

Explanation:

To calculate the Annual Rate of Return on such a project, you divide the Average net profit that the project is expected to make by the Average investment value.

This in effect compares future income to the investment in the project and so is a very useful tool in analysis.

Annual Rate of Return = Average Net Profit / Average Investment

Average Net Profit.

A new salon will normally generate annual revenues of $64,160, with annual expenses (including depreciation) of $40,500.

The net profit is revenue less expenses so,

= 64,160 - 40,500

= $23,660

Average Investment

The Average Investment is calculated by taking the average of the Initial Value of the project and it's ending value.

Initial value is $262,000 as that was the cost.

The Ending Value is the salvage value of $76,000.

= (262,000 + 76,000) / 2

= $169,000

The Annual Rate of Return is,

= 23,660 / 169,000

= 0.14

= <u>14%</u>

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2 years ago

The Bell Company had the following operating results: Year Income (loss) Tax Rate Income Tax 2015 40,000 35% 14,000 2016 20,000

Alex73 [517]

24,000 I am guessing

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2 years ago

Explain how the trade-off between impact and manageability works out for broad and narrow processes, respectively

Mariulka [41]

Answer:

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2 years ago

Assume that during May, a company sold a product for $160,000 that includes a 36-month warranty. Historically, the average cost

Stels [109]

A. Debit; product warranty expense

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1 year ago