B. A pilot
C. A traveler
D. A mechanic
Answer:
A. A cargo plane
Explanation:
In Economics, factors of production are used for the manufacturing of goods and services in order to meet the unending needs or requirements of the consumers at a specific price and period of time. The four (4) factors of production are;
I. Land.
II. Labor.
III. Entrepreneurship.
IV. Capital.
Physical capital can be defined as any tangible, artificial goods which are typically used for the production of finished goods or services. Therefore, it comprises of building, computer, machinery or equipment, office utilities, cash, vehicles, etc.
Hence, a cargo plane is an example of physical capital in an economy because it is a tangible, man-made equipment used for the transportation of people or goods from one location to another.
A cargo plane is an example of physical capital in an economy.
Physical capital in an economy refers to the assets and infrastructure used to produce goods and services. Among the options provided, the A. cargo plane is an example of physical capital. It is a tangible asset that is used to transport goods, contributing to the production process and economic activity.
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Answer:
$262500
Explanation:
Please see attachment .
Answer:
Consider the following calculations
Explanation:
This 2-step mortgage problem requires a 2-step solution.
To solve for the PMT for the last 23 years of the loan, we first need to know what the principal is at the end of the 7th year.
Thus, step I uses the initial info to solve for the PMT for each month of the first 7 years. N=360, I/Y=5(%)/12 = 0.416667(%), PV=150,000, => PMT = 805.
The discount rate will change to 5% index rate plus 2% margin = 7% at the beginning of the 8th year.
In Step II we first determine the remaining balance at the end of year 7. This requires using the amortization worksheet.
On the TI BA II Plus, AMORT is the secondary function of PV.
Set P1, the periods at which the calculations begin, equal to 1. We cursor down to P2, which is the last period of the calculation, and set it equal to 84. Cursoring down once again, we see that BAL at month 84 = 131,917.52.
Going back to the TVM row, we set PV remaining at the end of 23 years = 131,917.52. I/Y is calcluated as 5(%) index rate plus 2(%) margin =7%; dividing 7(%) by 12 = 0.583333(%). N=360-84 = 276 months left.
Finally, we solve for PMT = 962.89.
Answer:
-$3
Explanation:
Data provided in the question:
Cost of raffle ticket = $5
Number of tickets sold = 2000
Probability of winning = 1 ÷ 2000 = 0.0005
Winning prize = $4,000
Now,
The expected value of prize = Probability of winning × Winning prize
= 0.0005 × $4,000
= $2
Therefore,
The expected value for this raffle
= expected value prize - Cost of raffle ticket
= $2 - $5
= -$3
Answer:
The solution to the given problem is done below.
Explanation:
(a) Depreciation
for Financial Depreciation for Temporary
Year Reporting Purposes Tax Purposes Difference
2017 $160,000 $264,000 (104,000)
2018 $160,000 $360,000 (200,000)
2019 $160,000 $120,000 40,000
2020 $160,000 $56,000 104,000
2021 $160,000 0 $160,000
$800,000 $800,000 0
(b) 2018 2019 2020 2021 Total
Future taxable
amounts:
Depreciation $(200,000) $40,000 104,000 $160,000 $104,000
Deferred tax liability: $104,000 × 40% = $41,600 at the end of 2017.
Answer:
$500,000
Explanation: