Answer:
The gain/loss on the sale of the 15,000 shares is $20,000
Explanation:
The value of the investment as at the end of 2018 using the equity method is computed thus:
Note that 30% of 100,000 shares=30,000 shares
ending value =initial investment+share of profit-share of dividends
ending value =$1,500,000+($300,000*30%)-($100,000*30%)
ending value=$1560000
gain/(loss)=$800,000-($1560000
*15000/30000)
gain/(loss)=$20,000
Could be a lot of things like;
Replaceable
Necessities
Long Lasting
Answer: rational
Explanation:
Rational expectations is a way by which individuals make their decisions based on their past experience, self interest, human rationality and the information that they have.
Therefore, when individuals acquire, process, and act on relevant economic information promptly in their own self-interest and investigate its impact on others, they are said to have rational expectations.
The type of goal they set is referred to as medium term goal. There are three types of goal, short, medium and long term goals. Short term last for a maximum of two years, medium term goal last for a maximum of five years while long term goal can last up to ten years.
Answer:
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
<em></em>
Explanation:
We are told that the property is an interior lot, so we'll only consider one of the width of his plot, since the sidewalk can only pass through the front or the back of his property.
The property measures 100' x 500' , that is 100 ft width by 500 ft length
The cost of the sidewalk is $40 per linear ft
The city will pick up 50% of the cost.
For a width of the lot, the cost per linear length will be
100 x $40 = $4000
The city covers 50% of this cost, leaving 50% of the cost to the homeowner.
The homeowner's cost will be 50% of $4000
= 0.5 x $4000 =<em> $2000 </em>
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
