How can inequality or discrimination hurt an economy's ability to maximize its human capital?

Answer:

a-1) Present value of the installment option is $93.08.

      Present value for immediate bill payment is $90.

a2) Opting to pay the bill immediately is the preferable choice.

b-1) Present value of the installment option amounts to $88.65.

b-2) In this scenario, paying in installments is the better option.

Explanation:

a-1) To determine the present value of the installment plan, the payments occur as follows: $25 immediately, followed by $25 at the end of each of the next 3 years. This setup constitutes an annuity due, and the present value can be calculated as follows:

PMT denotes the annuity payment at the start of each period, which is $25.

             i signifies the interest rate compounded per period.

=0.05

            n represents the number of payment periods, which amounts to 4.

Present value = =$93.08

The present value of immediate bill payment equals $100, reduced by the 10% discount, calculated as $100 * 0.9 = $90.

a-2) Paying immediately is advantageous since it costs $90 compared to the $93.08 present value of installments.

b1) If the installment payments do not commence for another year, the present value of the payment series is computed as:

                                          =

                                          = = 88.65

b-2) In this instance, paying via installments is better as it is less expensive at $88.65 compared to the immediate payment's present value at $90.

Answer:

c. $180 in 2019

Explanation:

The entity employs the accrual accounting method, where revenues are documented on the income statement once earned, regardless of the actual receipt of cash.

On July 1, 2017, the organization sold one-year and two-year memberships. In 2017, The Maroon & Orange Gym, Inc. delivered services for half a year for each contract.

Gross income from one-year membership in 2017 = $40 x 6 = $240

Gross income from two-year membership in 2017 = $30 x 6 = $180

Overall revenue = $240 + $180 = $420

In 2018, the company continued providing services for the remaining 6 months of the one-year membership and the entire 12 months of the two-year membership.

Gross income for the one-year membership in 2018 = $40 x 6 = $240

Gross income from two-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company wrapped up services for the last 6 months of the two-year membership.

Gross income in 2019 = $30 x 6= $180

Answer:

Incremental profit = $30000

thus, the correct choice is a. $30,000

Explanation:

provided data

Variable costs = $75

Fixed costs = 30

Sales price = $165

to determine

incremental profit or loss  from approval

solution

The contribution per unit is calculated as follows:

Contribution per unit = $165 - $75

Contribution per unit = $90

Consequently, we determine the loss on contribution from forgoing regular sales:

Loss on contribution = $3000 × $90

Loss on contribution = $270000

Furthermore,

The incremental contribution for the special order is calculated as:

Incremental contribution = (135 - 75) × 5000

Incremental contribution = $300000

Thus, the incremental profit equates to:

Incremental profit = $300000 - $270000

Incremental profit = $30000

therefore, the correct option is a. $30,000

A federally insured account has several benefits:

- It is typically more secure due to government-backed insurance; if the account is compromised, the government guarantees reimbursement.

- Creating a joint account is simpler for married couples.

However, there are some downsides:

- The interest rates on these accounts often lag behind inflation, which essentially diminishes the account’s value over time.

- There is a cap of $250,000, meaning any amount above this limit cannot be added to the account.