Answer:
A. $800
B. $1,000
C. a. The quantity of money demanded decreases as the interest rate rises
Explanation:
A. Computation for the opportunity cost of holding the $10,000 as money if Interest Rate is 8%
Opportunity Cost for 8% interest rate=$8%*$10,000
Opportunity Cost for 8% interest rate= $800
Therefore the opportunity cost of holding the $10,000 as money if Interest Rate is 8% will be $800
B. Computation for the opportunity cost of holding the $10,000 as money if Interest Rate is 10%
Opportunity Cost for 10% interest rate =10%*$10,000
Opportunity Cost for 10% interest rate = $1,000
Therefore the opportunity cost of holding the $10,000 as money if Interest Rate is 10% will be $1,000
C. Based on the information given the previous analysis suggest about for money: THE QUANTITY OF MONEY DEMANDED DECREASES AS THE INTEREST RATE RISES.
Any country around the world has certain targets for becoming an ideal and economically stable nation. Economic goals of full employment, stability, economic growth, efficiency, and equity are widely considered to e beneficial and worth pursuing for a country to achieve economic stability. Full employment and price stability are goals that conflict with each other. Full employment is an economic situation in which all the available labor resource is being used in the most efficient way possible while price stability implies avoiding both prolonged inflation and deflation.
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Answer:
Sales Revenues 392,500
Sales Returns (20,000)
Freight outs <u> (9,700) </u>
Net Sales 362,800
Cost of good sold (221,000)
Gross profit 141,800
Operating Expenses
Rent expense (33,500)
nsurance expense (14,600)
Salaries and wages expense<u> (63,400) </u>
Operating Income 30,300
Income tax expense (4,300)
Net Income 26,000
Other comprehensive income 2,000
Comprehensive Income 28,000
Explanation:
the OCI is listed after-taxed thus do not change the total income tax expense
comprehensive income will be the sum of both concepts net income and OCI