Answer:
The Expected Earning for the college graduates is 40,000
Explanation:
The Expected Earning for a college alum with a four year college education in financial matters is determined as weighted normal all things considered, utilizing likelihood of every result as its weight.
Although the Expected Earning is;
Expected Earning = (25% × 30,000) + (50% × 40,000) + (25% × 50,000)
Expected Earning = 0.25 × 30,000 + 0.5 × 40,000 + 0.25 × 50,000
Expected Earning = 7500 + 20,000 + 12,500
Expected Earning = 40,000
Answer:
Explanation:
In this scenerio we have to use compound interest formula to find the investmen amount:
FV=PV(1+i)^{n}
FV: Future Value (Ferrari price)
PV: Present Value (Investment amount)
i: interest rate (0.11) (11%)
n: time (8 years)
191,000=PV(1+0.11)^{8}⇒ 191,000=PV×2,3045377697175681
PV= $82,879.96=Investment amount
Answer:
Permanent Life Insurance Policy
Explanation:
Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.
Answer: The following journal entries would be recorded upon disposal of the equipment:
Debit Credit
Cash $100,000
Accumulated depreciation $140,000
Equipment $250,000
Loss on disposal of asset $10,000
Explanation: Using the straight-line method of depreciation, the following formula applies: (Historical cost - Salvage value) / No of years
Depreciation = ($250,000 - $50,000) / 5 years = $40,000 yearly
Accumulated depreciation (January 1, 2010 - July 1, 2013) for three and half years is $140,000 (3.5 years * $40,000). This means that the equipment had a net book value (NBV) of $110,000 as at the time of disposal. So, the above entries would eliminate the asset in the books and recognise the loss on disposal (sales proceed was less than the NBV).
Answer: Option (C) is correct.
Explanation:
Correct option: The government lacks information about what people are willing to pay for the good.
The government have less information about the willingness to pay of the consumers. So, this creates an obstacle for the government for a efficient provision of a public good.
So, the government have no clue about the minimum that a consumer can pay, this will lead to create problem for the government.
Government don't know to whom these public goods are to be provided.
A potential disadvantage of the government provision of public goods is that the government may lack clear information about what people are willing to pay for the good (C), which could lead to inefficiencies. This does not mean that private provision is always more efficient, especially in the case of essential public goods.
In response to your question about the disadvantage of government provision of a public good, option C indicates a potentially valid issue. This option suggests that government lacks information about what people are willing to pay for the good. Specifically, in some cases, private firms may provide services more efficiently than government because they have more capability to gauge market demand and adjust prices accordingly. However, for certain public goods like fire and police services, private provision might not be efficient or advantageous due to the nature of these services.
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B. a reduction of expenditures.
C.another financing source.
D. matured interest payments.
Answer: C. Another Financing source
Explanation:
The fund was received for the purpose of debt service. Debt service means repayment of loans. The funds were utilized for debt servicing. Hence, the amount should be reported as another financing source.
The objective of the funds was to repay loans and the amount was received for repayment. This amount was used to finance their debt service. So it was a financing source for the company.