First In, First Out, sometimes known as FIFO, is a strategy of managing assets and valuing them that prioritizes the sale, use, or disposal of assets that were generated or acquired first. For taxation reasons, FIFO presumes that the cost of items sold on the income statement includes the assets with the oldest expenses (COGS).
Results from FIFO are more likely to be accurate. This is due to the simpler nature of computing profit from stock, which makes it simple to update your financial accounts and save time and money. The weighted average technique, the first in, first out (FIFO) method, or the last in, first out (LIFO) approach are the three main accounting procedures that are frequently employed. Benefits: FIFO is the most used method for valuing inventory. Due to the fact that the cost of purchasing inventory often increases with time, FIFO typically results in better gross margins. This keeps your COGS lower and generates a better income statement.
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Which of the following is the basis of diminishing marginal utility?A) Law of demandB) Laws of returnC) Law of supplyD) None of the above
Answer:
A) Law of demand
Explanation:
Diminishing marginal utility is the basis of Law of demand. When the price of a goods falls, downward sloping marginal utility curve implies that the consumers must buy more of the good so that its marginal utility falls and becomes equal to the new price.
many stores, restaurants, and theaters offer discounts for college students who show their school id. why are these discounts for college students effective price discrimination, and why would this benefit firms?
Collage students had higher cost sensitivity than other adults do, therefore these discounts for students are effectively price discrimination.This is why business organization would benefit from this.
Explain the term "pricing discrimination" and provide a sample.Businesses will charge clients various prices depending on their ability to pay as part of the practice known as pricing discrimination. For instance, various pricing are commonly offered at theaters for adult, seniors, and kids. They also have promotions for particular days each week.
Which elements influence pricing discrimination?The following circumstances could lead to price discrimination: The supply of the product must be under the seller's some degree of control. To differentiate the price, such monopolistic power is required. The market should be segmented by the supplier in with at least two smaller markets (or more).
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a top-down analysis of a firm starts with multiple choice the absolute value of the firm. the global economy. the domestic economy. the relative value of the firm. the industry outlook.
A top-down evaluation of a company starts offevolved with the global economy.
What is global economy explain?Global financial system can be described as the sum of activities that take vicinity each inside a us of a and between one-of-a-kind countries. Each usa is a separate unit, with its own industrial production, labor market, monetary market, resources and environment.
Why is world economy important?The world financial system is innately tied to trade; it lets in international locations round the world to acquire any useful resource they may additionally want, whether or now not it is produced on the domestic front. This availability of resources is facilitated through trade.
What is world economy in globalization?Economic globalization refers to the increasing interdependence of world economies as a result of the developing scale of cross-border change of commodities and services, glide of international capital and huge and speedy spread of technologies.
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https://brainly.com/question/514447#SPJ4the unemployment rate in wisconsin is usually lower than the national unemployment rate. group of answer choices true false
The unemployment rate in wisconsin is usually lower than the national unemployment rate. group of answer choices true .
The unemployment rate is the proportion of the work force that is unemployed. Because it is a trailing indicator, it frequently increases or decreases in response to changes in economic conditions rather than anticipating them. When the economy is in trouble and there are few open positions, the unemployment rate is likely to rise. The unemployment rate should go down when the economy is doing well and there are lots of open positions, as is expected. Every month on the first Friday, the United States releases its unemployment rate for the preceding month. You can access both the most recent and older versions of the report on the Bureau of Labor Statistics website.
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which of the following is an example of moral hazard? a. i hire you to work in my garden for a fixed fee, and you work hard all day. b. i hire you to work at an hourly rate and you work as slowly as possible. c. you apply for the job only because i pay a fixed wage per day, no matter how much or little you do. d. you agree to be paid by the weed to work in my garden, and then don't work hard.
An example of a moral hazard is option a. that is 'I hire you to work in my garden for a fixed fee, and you work hard all day.'
Moral hazard refers to the situation that arises when an individual has the chance to take advantage of a financial deal or situation, knowing that all the risks and fallout will land on another party.
It means that one party is open to the option and therefore the temptation of taking advantage of another party. The secondary party is the one that suffers all the consequences of any risks taken in a moral hazard situation.
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Which of the following are likely to increase measured GDP, and which are likely to reduce it? a. The fraction of women working outside the home increases. b. There is a sharp increase in the crime rate. c. Higher tax rates cause some people to hide more of the income they earn.
The following circumstances will either cause the GDP to rise or fall:
Rises: (A) The proportion of women who hold jobs outside the house increases.
Reduced: (C) As a result of rising tax rates, some persons conceal more of their income.
What is GDP?The market worth of all final products and services produced and sold (not resold) in a certain time period by countries is measured in dollars using the term "gross domestic product" (GDP).
To try comparing the standard of living between countries, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful, whereas nominal GDP is more useful when comparing national economies on the global market.
GDP (present value) per capita does not, however, reflect differences in the price of living and the inflation of the countries.
So, the situation which will increase and decrease the GDP is:
Increases: The percentage of women who work outside the home rises.
Decreases: Some people hide more of their income as a result of higher tax rates.
Therefore, the following circumstances will either cause the GDP to rise or fall:
Rises: (A) The proportion of women who hold jobs outside the house increases.
Reduced: (C)As a result of rising tax rates, some persons conceal more of their income.
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according to auditing standards what is the auditors obligation to consider whether the client can continue as a going concern
The auditor has a responsibility to evaluate whether there is substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, not to exceed one year beyond the date of the financial statements being audited (hereinafter referred to as a reasonable period of time).
A purchaser is a person who buys products or services from an organization, while a client refers to a certain form of a patron who purchases professional offerings from a commercial enterprise. commonly speak to me, customers buy products even as clients purchase advice and solutions.
In sales, commerce, and economics, a client (sometimes called a purchaser, buyer, or purchaser) is the recipient of a great, carrier, product, or concept - received from a dealer, supplier, or dealer through an economic transaction or change for cash or a few other valuable attentions. The question of patron ownership is a smooth one to answer, strictly speaking. The purchaser owns the consumer, and they have each right to direct patronage and loyalty as they see fit. but in some cases, they do not get the hazard.
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Complete Question:
according to auditing standards, what is the auditor's obligation to consider whether the client can continue as a going concern for a reasonable period of time?
the capital structure for the cr corporation includes bonds valued at $5,500 and common stock valued at $11,000. if cr has an after-tax cost of debt of 6%, and a cost of common stock of 16%, what is its wacc?
Calculations.
Step 1.Computing the Total Value (V) of CR corporation.
V = Value of Bonds(D) + Value of stock(E)
= $5,500 + $11,000
= $16,500
Step 2.Computing the WACC.
WACC = [(D/V) X Kd] + [(E/V) X Ke]
= [($5,500/$16,500) X 6%] + [($11,000/$16,500) X 16%]
= (0.33 X 6%) + (0.666 X 16%)
= 2% + 10.67%
= 12.67%
Where,
Kd denotes the post-tax fee of bonds.
Ke denotes the fee of equity.
What is WACC and how is it calculated?The weighted average fee of capital (WACC) is the average charge of return a organization is predicted to pay to all its shareholders, such as debt holders, fairness shareholders, and desired fairness shareholders. WACC Formula = [Cost of Equity * p.c of Equity] + [Cost of Debt * % of Debt * (1-Tax Rate)].
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https://brainly.com/question/13551671#SPJ4Dividends are predominantly paid in _________.
A. stock
B. cash
C. earnings
D..property
Cash is the correct choice. The dividend paid out by the business to its shareholders is paid out in cash.
The percentage of a company's profit that is distributed to its shareholders is known as a dividend. Ending retained earnings are determined by subtracting dividend from initial retained earnings.
What Is a Money Profit?The distribution of funds or money paid to stockholders is known as a cash dividend. It typically comes from the corporation's accumulated profits or current earnings. In contrast to stock dividends or other forms of value, cash dividends are paid out in actual cash.
Can dividends be received in cash?Dividends can be paid out in stock, with the company giving the investor more shares, in cash, by check, or electronically. Investors receive income from cash dividends, but there are tax implications; They also lower the value of the company's shares.
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the management wishes budget figures to exceed actual figures in operating expenses because more expenses are paid in actual terms than budgeted terms, and vice versa. group of answer choices true false
False , If more expenses are paid than budgeted expenses, then the actual figures will exceed budgeted figures in operating expenses. This is an unfavorable situation.
An expense is a price that organizations incur in going for walks in their operations. Prices encompass wages, salaries, maintenance, lease, and depreciation. Fees are deducted from revenue to arrive at profits. agencies are allowed to deduct sure charges from taxes to assist alleviate the tax burden and bulk up income.
Running charges include the fee of income, achievement, advertising, era and content, fashionable and administrative, and others. Non-operating expenses comprise interest rate (and earnings), and other expenses (profits).
For most corporations, the 5 finest fees are personnel, physical location, capital device, improvement fees, and a fee for goods bought.
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what are the 2 paths that offer the most insight on how to break away from the competition again in blue round 3 and to extend your strategic profile?
The most crucial traits of blue ocean strategy is a brand new way of fixing users' pains, this is known as value innovation. but, blue ocean answers aren't usually a hit.
Strategic profile Cutthroat opposition turns the ocean bloody crimson. for this reason, the time period 'pink' oceans. Blue oceans denote all of the industries now not in existence nowadays – the unknown market area, unexplored and untainted with the aid of competition. just like the 'blue' ocean, it's miles sizable, deep and effective – in terms of possibility and worthwhile growth.
For this blue ocean strategy the key dreams are to conquer the competition and make the most present call for. “the key desires of the red ocean approach are to beat the opposition and take advantage of present demand. One enterprise in which a purple ocean strategy might be important is the smooth drink enterprise.
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what is investor sentiment? the stock market's attitude towards specific stocks, industries, or market conditions technical information about specific stocks, industries, or market conditions something that has no effect on market prices something that is intangible, it's the emotional measure of a stock and can't be measured
The broad prevalent opinion of investors regarding the anticipated price development in a market is known as market sentiment, often referred to as investor sentiment.
What does investing emotion entail?Market sentiment, commonly referred to as investor sentiment, describes the broad perspective or attitude of investors toward a certain securities or the entire financial market. The general price patterns are where market participants' optimism or pessimism is most readily apparent.
How are investors feeling right now?US Investor Sentiment,% Bullish is at 24.47%, down from last week's 28.86% and this year's 33.81%. This is less than the historical average, which is 37.64%.
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The ________ layout's main objective is to equalize the task time for each station.
A.
product oriented
B.
work cell
C.
job shop
D.
office
E.
fixed position
Equalizing task time for each station is the fundamental goal of the fixed position layout. The correct answer is option (d). Fixed position.
What is fixed position layout?With a fixed-position arrangement, the product may stay put while personnel and equipment can move to it as needed. Ships, aircraft, and building projects are examples of products that cannot be moved that are often constructed utilising a fixed-position arrangement.
Facilities can be laid out in one of four ways: process, product, fixed-position, or cellular. Workflow is organised around the manufacturing process in the process layout. Fixed-Position Layouts need the personnel, materials, and equipment to go to the production area, and the equipment is typically left in place since it is either too costly or too complex to shift. Low fixed costs are a benefit of fixed-position layouts, whereas high variable costs are a drawback.
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Under what conditions would an increase in demand lead to a lower long-run equilibrium price?
Multiple Choice
a.The firms in the market are part of a decreasing-cost industry.
b.Increases in demand cannot lead to lower long-run equilibrium prices.
c.Potential new firms in the market are not attracted by economic profits.
d.The firms in the market produce an inferior good.
The firms in the market produce an inferior good would an increase in demand lead to a lower long-run equilibrium price.
When supply and demand are balanced and the values of economic variables remain stable in the absence of external influences, this situation is referred to as an economic equilibrium. In the traditional text on perfect competition, equilibrium, for instance, occurs when the quantity demanded and the quantity provided are equal. The market is considered to be in equilibrium when a market price is established through competition and the amount of goods or services requested by buyers and the amount of goods or services delivered by sellers are equal. The price is commonly referred to as the competitive price or market clearing price, while the quantity is known as the "competitive quantity" or market clearing quantity. It usually doesn't alter unless supply or demand shifts.
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agents and brokers that facilitate and negotiate purchases but do not actually take title to products are also known as a. contract negotiators. b. functional wholesalers. c. commission wholesalers. d. functional middlemen. e. hands-off intermediaries.
Agents and agents that facilitate and negotiate purchases however do now no longer clearly take identify to merchandise also are called D) practical middlemen.
The required details for Broker in given paragraph
Broker is an English time period for the idea of inventory alternate trader , which may be in securities, commodities or commodities. . If it worries a supplier in securities, we additionally talk of a "inventory broking". Although the time period broking is likewise utilized in some of different industries as a synonym for fee agent (middleman who works and trades on a fee basis) the which means of broking as a inventory broking is the maximum normally used which means. In English we then talk of inventory agents .The broking is certainly considered one among roles that a member of the inventory alternate can fulfill. The different viable position is the supplier . The time period stockbroker applies to each roles, broking in addition to supplier. By the way, the time period broking refers to each someone and a agency. The broking as someone is the only who actively trades, the broking as a agency is the only who employs the traders (plus assist staff).
A broking is a member of the alternate that works completely on behalf of others. The broking accepts orders from different events which include personal customers and from institutional traders which include pension funds . As a "broking", he can carry collectively a customer and a seller, or execute a huge order himself at the inventory alternate.
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Agents and agents that facilitate and negotiate purchases however do now no longer clearly take identify to merchandise also are called D) practical middlemen.
The required details for Broker in given paragraph
Broker is an English time period for the idea of inventory alternate trader , which may be in securities, commodities or commodities. . If it worries a supplier in securities, we additionally talk of a "inventory broking". Although the time period broking is likewise utilized in some of different industries as a synonym for fee agent (middleman who works and trades on a fee basis) the which means of broking as a inventory broking is the maximum normally used which means. In English we then talk of inventory agents .The broking is certainly considered one among roles that a member of the inventory alternate can fulfill. The different viable position is the supplier . The time period stockbroker applies to each roles, broking in addition to supplier. By the way, the time period broking refers to each someone and a agency. The broking as someone is the only who actively trades, the broking as a agency is the only who employs the traders (plus assist staff).
A broking is a member of the alternate that works completely on behalf of others. The broking accepts orders from different events which include personal customers and from institutional traders which include pension funds . As a "broking", he can carry collectively a customer and a seller, or execute a huge order himself at the inventory alternate.
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a student takes a loan totaling $ 10,000 to help pay for college expenses. one loan is at 4% simple interest and the remaining at 8%. the first-year interest is $ 520.00. find the amount of loans at 4% and 8%.
The amount in the loan which is at 8% = 3000.
According to the information given :
Let the amount be first loan at 4% = x
Hence, the amount of second loan at 8% = (10000 - x)
Simple Interest = (Prt/100)
520 = (x * 4 * 1/100) + [(10000 - x) * 8 * 1/100]
520 = [0.04x + 800 - 0.08x]
0.04x = 800-520
0.04x = 280
x = 7000
Hence, the amount in the loan which is at 4% = 7000
Amount in the loan which is at 8% = 3000
Simple Interest :
The interest amount for a particular principal amount of money at some rate of interest. Simple interest is calculated on the principal, or original, amount of a loan. Simple interest is more advantageous as it keeps overall interest payments lower. Car loans, and retailer installment loans, are examples of simple interest; as the loan balance dips with each monthly payment, so does the interest.
Simple Interest is calculated using the formula:
SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time Period.
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the figure at right shows the payoff to two gasoline stations, a and b, deciding to operate in an isolated town. if firm a chooses its strategy first, then
Both firms will enter if firm a decides on its plan first.
A on the left, B on top, 50/50, 100/0; 0/100, 0/0 in the matrix.
Does company B employ a dominant strategy?Although Firm B does not have a dominant strategy, it is always preferable to act in opposition to Firm A. In other words, firm B will suffer a loss if it participates given firm A's decision. Let's say that two businesses, A and B, are debating entering a new market at the same time. Both parties receive nothing if neither participates. If both participate, they each lose 100.
Do businesses pick strategies at random?Although some theorists disagree with the probability assigned, they contend that mixed strategies are impossible because corporations do not arbitrarily choose tactics. They contend that a business may pick a pure strategy using information that its competition does not have access to.
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your crazy uncle left you a trust that will pay you $19,000 per year for the next 29 years with the first payment received one year from today. if the appropriate interest rate is 5.2 percent, what is the value of the payments today?
our crazy uncle left you a trust that will pay you $19,000 per year for the next 29 years with the first payment received one year from today. 28138.8 is the value of the payments today
Annual payment for 29 yrs 19000 Annuity PVF at 5.20% for 29 years 14.80957 Present value of annual payments 281381.8Annual bills are payments made beneath a legal duty. they are taxed on the recipient in the identical manner as financial savings and funding profits, despite the fact that beneath component five (Miscellaneous income: annual bills no longer in any other case charged) rather than element 4 (financial savings and funding earnings) of ITTOIA 05
Annual bills means, with respect to any cloth agreement, (x) the overall amount of the bills expected to be paid or acquired, as applicable, under such fabric agreement (y) divided by using the full wide variety of years of the time period of such fabric settlement.
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if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the united states, which area represents the united states' net loss as a result of the tariff?
The net loss to the United States, in this case, is $1 per baseball.
The net loss to the United States can be seen in several ways. First, the US government will be collecting less revenue from the sale of baseballs than it would have without the tariff.
Second, the US consumer will have to pay more for baseballs than they would have without the tariff. Third, the US producer will be less competitive on the world market, and therefore will lose sales of their product to foreign producers, who can sell baseballs for the world price of $3.
Finally, the US economy as a whole will be less competitive and may suffer from a lack of foreign investment due to the higher cost of baseball.
In conclusion, the US net loss as a result of the tariff is the difference between the world price of $3 and the price of $4 paid by US consumers. This net loss is seen in the form of reduced government revenue, higher prices for consumers, increased competition from foreign producers, and a potential decrease in foreign investment.
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question content area when the corporation issuing the bonds has the right to redeem the bonds prior to the maturity, the bonds are
the corporation issuing the bonds has the right to redeem the bonds prior to their maturity, the bonds are callable bonds.
callable bonds.
A callable bond, also known as a redeemable bond, is one that can be redeemed by the issuer before the maturity date. A callable bond allows the issuing business to pay off its obligation ahead of schedule. If market interest rates fall, a company may opt to call their bond, allowing them to re-borrow at a reduced rate. The exercise rate of the call option may vary. Callable bonds often have a higher interest rate (Coupon rate) than non-callable bonds. The premium paid by the investor for the option is included into the bond in the form of a higher interest rate. Call options typically have numerous exercise rates.
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pardo company produces a single product and has capacity to produce 170,000 units per month. costs to produce its current monthly sales of 136,000 units follow. the normal selling price of the product is $126 per unit. a new customer offers to purchase 34,000 units for $63.00 per unit. if the special offer is accepted, there will be no additional fixed overhead and no additional fixed general and administrative costs. the special offer would not affect its normal sales. per unit costs at 136,000 units direct materials $ 12.50 $ 1,700,000 direct labor 15.00 2,040,000 variable overhead 11.00 1,496,000 fixed overhead 17.50 2,380,000 fixed general and administrative 14.00 1,904,000 totals $ 70.00 $ 9,520,000 (a) compute the income from the special offer. (b) should the company accept the special offer?
A new client offers to buy 34,000 units at a cost of $63 each. Additional fixed administrative and general expenses if the exceptional offer is accepted Total revenue = $4,836,200
What does buying signify in the Purchase world?A buy is when something is obtained in exchange for some type of payment, such as products or services. The usual forms of payment are cash and cards . A purchase could also be made in exchange for taking on an obligation or as part of a barter exchange where various non-cash assets are traded.
Briefing
21,000 units for $77.4
An increase in variable cost= $7.6 per unit
Direct materials $ 12.50 $ 1,050,000
Direct labor 15.00 1,260,000
Variable manufacturing overhead 14.00 1,176,000
Fixed manufacturing overhead 17.50 1,470,000
Variable selling and administrative expenses 14.00 1,176,000
Fixed selling and administrative expenses 13.00 1,092,000
Totals $ 86.00 $ 7,224,000
First, we need to calculate the effect on the income of accepting theoffer:
Effect on income= 21,000*77.4 - 21,000*(12.5 + 15 + 14 + 14 + 7.6)
Effect on income= 1,625,400 - 1,325,100
Effect on income= 300,300
Net income= 84,000*140 + 300,300 - 7,224,000
Net income= $4,836,200
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Which of the following items cannot be found on a firm’s balance sheet under current liabilities?
a. Accounts payable.
b. Short-term notes payable to the bank.
c. Accrued wages.
d. Cost of goods sold.
e. Accrued payroll taxes.
Cost of Goods Sold cannot be included under current liabilities.
Define current liabilities.All liabilities of the company that must be settled in cash within the fiscal year or the operating cycle of a specific company, whichever is longer, are commonly referred to as current liabilities in accounting.
Current liabilities are debts due by the business that are anticipated to be repaid in a year or less as of the balance sheet report date. The company's current liabilities, which include commitments like accounts payable, short-term loans, interest payable, bank overdrafts, and other similar short-term liabilities, are those that are anticipated to be paid off within a year.
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true or false? humanizing your brand gives you a competitive edge because people like making connections, and they like to invest their time and money in people they can relate to.
True, people enjoy building connections and prefer to spend their time and money on people they can relate to, thus humanizing your brand provides you an advantage over the competition.
A brand is something that is publicly distinguished from comparable products, services, or concepts. This makes it straightforward to communicate and generally advertise. Branding is the process of creating and promoting a company's name, characteristics, and personality. Giving your business a distinctive character in the eyes of your target market and clients is the process of branding.
At its most basic, a company's branding is comprised of its logo, graphic design, mission, and voice. You can humanize your brand by speaking to customers in a more casual, conversational tone as opposed to formal business language. Consider it as growing your brand's personality and guiding principles through dependable connections with your audience.
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between september 2007 and december 2008, the federal reserve
The target federal funds rate range by end of the 2008 is 0.00 - 0.25%.
What are federal funds?In order to maintain their bank reserves at the Federal Reserve, American banks make overnight loans to other companies known as federal funds. Banks keep reserves at Federal Reserve Banks to meet their reserve requirements and settle financial transactions. Transactions in the federal funds market, which enable depository institutions to maintain reserve balances above minimal requirements, enable them to lend reserves to institutions with insufficient reserves. These "overnight" loans are typically granted for just one day. The interest rate applied in these transactions is known as the Federal Funds Rate (FFR). Federal funds are an unsecured interbank loan, much like eurodollars, and they are not secured in any way. The amount of money that is generally available in the total reserves of the banking system does not change as a result of how regulated financial institutions employ federal funds.
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Question:
Between September 2007 and December 2008, the FOMC lowered its target for the federal funds rate 10 times. What was the target fed funds rate range by the end of the 2008?
Purchasing tends to follow three practices; which of the following is NOT one of them?
a) They leverage their buying power
b) They work with and help suppliers reduce costs
c) They commit to a small number of dependable suppliers
d) All of the above are practices followed by purchasing in highly effective organizations
Purchasing tends to follow three practices All of the above are practices followed by purchasing in highly effective organizations.
Highly productive organisations are not scared to pursue perfection. They self-reflect and promote vital conversations with their team and clients. They don't strive for perfection; instead, they want to share their flaws and errors with others in order to help them grow and learn. To be fully functional organisations that deliver results, nonprofits must have strengths in five essential organisational domains: leadership, decision-making and structure, people, work processes and systems, and culture. The management structure in place, culture, and other variables all affect how well functions work together. For instance, if staff members don't use new work systems, operations may slow down. Your company requires a solid organisational structure if it wants to concurrently engage all business levels.
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which individual listed is most likely to commit financial statement fraud in order to benefit an organization
An executive listed is most likely to commit financial statement fraud in order to benefit an organization.
An corporation is a set of those who work together, like a neighborhood association, a charity, a union, or a enterprise. you may use the phrase organisation to consult institution or business, or to the act of forming or organising some thing. An organisation is an legitimate group of human beings, as an example a political birthday party, a commercial enterprise, a charity, or a membership. most of these specialised schools are provided by voluntary companies.
Organizing your every day time table and duties allows you to concentrate on what wishes to get performed that day as opposed to being distracted by means of matters around you. in the dead of night, you're capable of prioritize sleep and rest easy knowing it's executed.
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what is the annual return of the following asset, using the method that is most appropriate for reporting and investment analysis purposes? year 1: 12.4% year 2: -4.6% year 3: 16.9% year 4: -0.2%
The annual return is +6.13% using Arithmetic return.
Define Arithmetic return.The average is determined using daily arithmetic returns. The total of the series of returns is calculated (in this case, as annual figures), the number of returns in the series is divided by the total, and the result is calculated.
While the arithmetic average return is the average of a sum of numbers, the geometric average return is the average of the product of numerous integers. The annual rate of return is the gain or loss on an investment over a year.
year 1: 12.4% = 0.124
year 2: -4.6% = -0.046
year 3: 16.9% = 0.169
year 4: -0.2% = -0.002
Total = 0.245
Average Return = 0.245/4 = 0.0613
The annual return is +6.13% using Arithmetic return.
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a car is purchased for $43,000. each year it loses 25% of its value. after how many years will the car be worth $9200 or less? (use the calculator provided if necessary.)
After a car is purchased at $43000 and looses 25% worth every year then the car will be worth $9200 or less after four(4) years.
What does Purchase mean?
Purchase is a term used to refer to the acquisition of goods or services in exchange for money. It is a common business transaction and can involve buying something outright or entering into an agreement to pay for it over time.
What does Services mean?
Services is a broad term that refers to any type of work or activity performed to meet the needs of a customer. Services can range from professional services like accounting or consulting to tangible products like food or clothing. Services are typically intangible in the sense that they cannot be touched, felt, or seen, but the benefits they provide are very real.
As per the price of the car which is $43,000 and it looses 25% each year which is $10750. From this we come to know that the car will be worth of $9200 or less within 4 years.
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What percentage of Indian GDP is contributed by the service sector Mcq? A. 25 % of GDP
B. 60 % of GDP
C. 53% of GDP
D. 49 % of GDP
The service industry in India contributes (C) 53% of the country's GDP.
What is the service sector?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector.
This industry produces maintenance and repairs, training, or consultancy instead of products.
Jobs in the service industry include education, nursing, housekeeping, and tours.
The sub-sectors of "Public administration, defense, and other services," "Financial, real estate & professional services," and "Trade, hotels, transport, communication & broadcasting services" are expected to grow by 11.9 percent, 4 percent, and 10.7 percent, respectively, in 2021–2022.
53.89% of India's 179.15 lakh crore GVA, or Indian rupees, goes to the services sector.
Having a GVA of Rs. 46.44 lakh crore, the industry sector makes up 25.92% of the economy.
While agriculture and related industries account for 20.19%.
Therefore, the service industry in India contributes (C) 53% of the country's GDP.
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shoesinc sells shoes. at the beginning of 2020, shoesinc had total inventory of 2,000 pairs shoes. during 2020, shoesinc produced 5,000 pairs of shoes and sold 4,000 pairs of shoes. each pair of shoes sold for $100. in 2020, what is the contribution of shoesinc economic activity towards gdp?
Inventory in the beginning was 2000 produced during the year 5000 sold 4000 at price of $100. The GDP includes consumer spending of $400,000.
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.
GDP is frequently used as a benchmark for cross-national comparisons and as a general indicator of economic development. It is regularly regarded as the "world's most potent statistical indicator of national development and progress".
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