Please visit the CBRT website, and generate the table for the
Turkish GDP (expenditure approach) and its components for the last
three years. Comment on the changes.
PS: Please put the links for data

Answers

Answer 1

I'm unable to visit the websites , but I can guide you on how to find the information you're looking for.

To obtain the Turkish GDP (expenditure approach) and its components for the last three years, follow these steps:
1. Visit the Central Bank of the Republic of Turkey (CBRT) website at: https://www.tcmb.gov.tr/
2. Navigate to the "Statistics" tab at the top of the page and click on it.
3. In the dropdown menu, select "Real Sector."
4. Find the "National Accounts" section, and click on the link related to GDP data, which should be titled "Gross Domestic Product by Production and Expenditure Approaches."
5. Once you reach the relevant data page, select the years you want to analyze (last three years) and the frequency (annual or quarterly, depending on your requirement).
6. Download the data or view it in the table format provided on the website.
After obtaining the data, you can analyze and comment on the changes by comparing the GDP growth rate and the changes in the components of the expenditure approach over the three-year period.

The expenditure approach to calculating GDP typically includes the following components:

Consumption (C): This represents the spending by households on goods and services during a given period of time. It includes both durable goods (such as cars and appliances) and non-durable goods (such as food and clothing).

Investment (I): This includes spending by businesses on capital goods (such as machinery and equipment), construction of new structures (such as buildings and infrastructure), and changes in inventory levels.

Government spending (G): This includes spending by the government on goods and services, such as salaries of government employees, infrastructure spending, and public services.

Net exports (X - M): This represents the difference between exports (X) and imports (M) of goods and services. A positive value indicates that the country is exporting more than it is importing, while a negative value indicates the opposite.

Changes in these components can impact the overall GDP and its growth rate.

For example, an increase in consumer spending (C), business investment (I), or government spending (G) can boost GDP, while a decrease in net exports (X - M) can decrease GDP.

To know more about GDP visit:

https://brainly.com/question/15682765

#SPJ11


Related Questions

QUESTION 16 Bertrand's price competition (implicitly or explicitly) assumes that: O a. Firms have some degree of market power and are not "small". b. There is intense price competition, in the sense that consumers can switch from one supplier to another at no, or a very low, switching cost. OC. Collusion is not possible. Od. All of the above. QUESTION 17 0 In the price leadership model covered in class: a. The follower(s) set the price and the leader supplies the amount of output that maximises its profit at this given price level. b. The leader sets the price taking into account that the demand that will be satisfied by the follower(s) at this price. OC. The leader maximises its profit subject to the follower's or followers' reaction function(s). d. The solution contradicts the Law of Demand.

Answers

Bertrand's price competition assumes that firms have some degree of market power, intense price competition exists where consumers can easily switch between suppliers, and collusion is not possible.

For question 16, the correct answer is d. All of the above. Bertrand's price competition assumes that firms have some degree of market power, intense price competition exists where consumers can easily switch between suppliers, and collusion is not possible. These assumptions are necessary for the Bertrand model to work effectively.

Moving on to question 17, the correct answer is c. The leader maximizes its profit subject to the follower's or followers' reaction function(s). This means that the leader considers how the follower(s) will react to its pricing decisions and adjusts its output accordingly to maximize profits. The follower(s) do not set the price in the price leadership model.

This model does not contradict the Law of Demand, which states that as the price of a good or service increases, the quantity demanded decreases, and vice versa. The price leadership model still follows this law, as the leader and follower(s) must consider market demand and elasticity when setting prices and determining output levels.

For more about price competition:

https://brainly.com/question/12230194

#SPJ11

east coast yachts goes international what are the implications for this approach?how can the company hedge its exchange rate risk? what are the implications for this approach?

Answers

If East Coast Yachts decides to expand internationally, they will need to consider the implications of this approach. One of the main implications is the exposure to exchange rate risk. This risk arises because the company will be conducting business in foreign currencies, which can fluctuate in value compared to the US dollar.

To hedge its exchange rate risk, East Coast Yachts can use various financial instruments such as currency forwards, options, and swaps. These tools allow the company to lock in an exchange rate for a future date, reducing the uncertainty associated with foreign currency transactions. By hedging its exchange rate risk, the company can mitigate potential losses and improve its financial stability.

However, there are also implications to consider when using these hedging instruments. For example, they can be costly and require specialized expertise to manage effectively. Additionally, if the company overestimates the amount of foreign currency it will need to purchase or sells too many forward contracts, it could end up losing money if the exchange rate moves in a different direction than anticipated.

Overall, while expanding internationally can offer significant growth opportunities, East Coast Yachts must carefully consider the implications of this approach, including the risks associated with exchange rate fluctuations and the costs and complexities of hedging against them.

to know more about East Coast Yachts refer here

https://brainly.com/question/31478392#

#SPJ11

assume that the physical property of a business is valued at $50,000. the company's commercial property policy contains a coinsurance clause with a stated percentage of 80 percent. the company insures the property for $30,000 (75 percent of the specified minimum). the company incurs a fire loss of $20,000. how much of the loss will the insurance company pay for?

Answers

The insurance company will pay for $15,000 of the $20,000 loss, and the company will be responsible for the remaining $5,000.

According to the coinsurance clause, the minimum amount of insurance required is 80% of the property value, which is $40,000 (80% of $50,000).

The company only insured the property for $30,000, which is 75% of the minimum required amount. Therefore, the company is underinsured by $10,000 ($40,000 - $30,000).

To calculate the amount of the loss that the insurance company will pay for, we need to apply the coinsurance formula:

(Insurance carried / Insurance required) x Loss = Amount of loss covered

Substituting the given values:

($30,000 / $40,000) x $20,000 = $15,000

Click the below link, to learn more about Insurance :

https://brainly.com/question/27822778

#SPJ11

a(n) _________ is a social entrepreneur who creates something new through the combination of diverse and different elements.

Answers

A(n) innovator is a social entrepreneur who creates something new through the combination of diverse and different elements.

Innovators are individuals who identify new opportunities, generate new ideas, and find ways to bring them to life. They are known for their creativity, vision, and ability to connect seemingly unrelated ideas and concepts to create something new and valuable.

In the context of social entrepreneurship, innovators may use their skills and resources to address social or environmental challenges, create new business models, or develop innovative products or services that benefit society. They may also work in collaboration with other individuals or organizations to bring about positive change and make a lasting impact in their communities.

To know more about innovator  here

https://brainly.com/question/19969274

#SPJ4

A "social innovator" is a social entrepreneur who creates something new through the combination of diverse and different elements.

Social innovators identify and address social problems by developing and implementing innovative solutions that are effective, sustainable, and scalable. These individuals combine their passion for positive change with their entrepreneurial skills to create new approaches that can lead to significant social impact.
The process of social innovation begins with identifying a specific social issue or problem that needs to be addressed. Social innovators then research and analyze the issue, seeking to understand its root causes and identify possible solutions.
Next, they brainstorm and generate ideas for new approaches or interventions that can address the issue more effectively than existing methods. These ideas may involve the combination of different elements, such as technologies, social practices, and business models, which together can lead to novel solutions.
In summary, a social innovator is a social entrepreneur who creates something new by combining diverse and different elements to address social problems. Their approach includes identifying the issue, generating innovative ideas, testing and refining solutions, and scaling up for maximum impact.

For such questions on entrepreneur visit:

https://brainly.com/question/29617062

#SPJ11

Deposits of P are placed into a fund at the end of each year for 10 years. At an effective annual interest rate is 7%, the accumulated value of the series of payments at the end of the 10th year is 1084.31. Find P. a. 73.35 b. 78.48 c. 93.88 d. 88.61 e. 88.75

Answers

The answer is (b) 78.48.

How to calculate the value of an annuity deposit based on its accumulated value and the interest rate.?

We can use the formula for the future value of an annuity to solve this problem:

FV =[tex]P * (\frac{(1 + r)^{n - 1}} { r})[/tex]

where:

FV is the future value of the annuityP is the annual paymentr is the effective annual interest raten is the number of payments

In this case, we know that:

FV = 1084.31

r = 7% = 0.07

n = 10

Substituting these values into the formula, we get:

1084.31 = P * [tex](\frac{(1 + 0.07)^{10 - 1)} }{ 0.07})[/tex]

Solving for P, we get:

P = 1084.31 * [tex](\frac{0.07 } {((1 + 0.07)^{10 - 1}})[/tex] ≈ 78.48

Therefore, the answer is (b) 78.48.

Learn more about value of an annuity.

brainly.com/question/13369387

#SPJ11

(Nonannual compounding using a calculator?) Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow ?$31 comma 00031,000 to pay for his new car. How large will? Jesse's monthly car loan payment be if he can get a 55?-year ?(6060 equal monthly? payments) car loan from the? university's credit union at an APR of 5.95.9 percent compounded? monthly? ?Jesse's monthly car loan payment will be ?$nothing. ?(Round to the nearest? cent.)

Answers

Jesse Pinkman is thinking about trading cars, and he estimates he will need to borrow $31,000 to cover the cost of the new car.

To finance the purchase, he can take out a 60-month car loan from the university's credit union at an APR of 5.95 percent compounded monthly. To calculate Jesse's monthly car loan payment, he needs to use a calculator to figure out the monthly payments based on the interest rate and the loan term.

The calculator will show the total amount of interest that Jesse will pay over the life of the loan. Additionally, the calculator will also show Jesse's monthly car loan payment, which he can round to the nearest cent. In this case, Jesse's monthly car loan payment will be nothing, as the interest rate is so low that it does not exceed the loan amount.

know more about trading here

https://brainly.com/question/8322028#

#SPJ11

which of the following observations is true of futures contracts? group of answer choices contracted through a dealer, usually a bank. customized to meet contracting company's terms and needs. typically no margin deposit required. traded on an exchange and acquired through an exchange broker.

Answers

Futures contracts are typically traded on exchanges, such as commodity exchanges or financial exchanges, and are acquired through exchange brokers.

D) Traded on an exchange and acquired through an exchange broker.

They are standardized contracts with terms and specifications set by the exchange. Futures contracts are not customized to meet the terms and needs of the contracting company, and they usually require margin deposits, which are initial deposits made by the parties to cover potential losses. Futures contracts are not typically contracted through a dealer, such as a bank, but rather through exchange brokers who facilitate the trading of these standardized contracts on the exchange.

Learn more about “ financial exchanges, “ visit here;

https://brainly.com/question/28750089

#SPJ4

8. Determine the beta of a portfolio formed by 30% risk-free asset, 25% stocks of UBS with a volatility of 15% and with a beta of 0.8; 65% in Unilever stocks with a variance of 0.0012 and a beta equal to 0,6 and a short selling position equal to 20% in corporate bonds of Eon with a beta of 0,3. A) Beta between 0, 45 and 0,55 B) Beta between 0,6 and 0,7 C) Beta between 0,33 and 0,43 D) None of the above

Answers

The beta of the given portfolio is beta between 0.45 and 0.55 Therefore, the correct option is A.

To determine the beta of a portfolio, we need to calculate the weighted average of the betas of each component in the portfolio. Given the information in your question, we have:

1. 30% risk-free asset (beta = 0)

2. 25% UBS stocks (beta = 0.8)

3. 65% Unilever stocks (beta = 0.6)

4. -20% Eon corporate bonds (short selling, beta = 0.3)

Now, we'll calculate the weighted average beta:

Portfolio beta = (0.30 * 0) + (0.25 * 0.8) + (0.65 * 0.6) + (-0.20 * 0.3)

Portfolio beta = (0) + (0.2) + (0.39) + (-0.06)

Portfolio beta = 0.53

Based on the calculated portfolio beta of 0.53, the correct answer is A) Beta between 0.45 and 0.55.

Learn more about Beta:

https://brainly.com/question/30691992

#SPJ11

the degree to which people believe a person has their best interests in mind is known as:

Answers

The degree to which people believe a person has their best interests in mind is known as perceived benevolence or perceived trustworthiness.

People's perceptions of someone's goodness or trustworthiness might be gauged by how much they think that person has their best interests in mind. Factors including the person's behaviour, communication style, reputation, and degree of competence can all have an impact on this. those are more likely to trust those they believe to be trustworthy, honest, and truly concerned about their welfare.

Building and sustaining healthy relationships, both personally and professionally, might depend on this degree of trust.

Learn more about benevolence:

https://brainly.com/question/31365577

#SPJ4

The degree to which people believe a person has their best interests in mind is known as perceived benevolence or perceived trustworthiness. People's perceptions of someone's goodness.

or trustworthiness might be gauged by how much they think that person has their best interests in mind. Factors including the person's behaviour, communication style, reputation, and degree of competence can all have an impact on this. those are more likely to trust those they believe to be trustworthy, honest, and truly The degree to which people believe a person has their best interests in mind is known as perceived benevolence or perceived benevolence trustworthiness. People's perceptions of someone's goodness or trustworthiness might be gauged by how much they think that person has their best interests in mind. Factors including the person's behaviour, communication style, reputation, and degree of competence can all have an impact on this. those are more likely to trust those they believe to be trustworthy, honest, and truly concerned about their welfare.  concerned about their welfare. Building and sustaining healthy relationships, both personally and professionally, might depend on this degree of trust.

Learn more about benevolence here:

brainly.com/question/31365577

#SPJ11

Strategic management focuses on integrating management, ________, and information systems to achieve organizational success.
A) marketing
B) finance/accounting
C) production/operations
D) research and development
E) all of the above

Answers

Strategic management focuses on integrating management, information systems, and other key functions to achieve organizational success. In this context, the correct answer is E) all of the above.

Strategic management is a comprehensive approach that considers various aspects of an organization, such as marketing, finance/accounting, production/operations, and research and development. By incorporating these different areas, strategic management ensures that a business can effectively develop and implement its vision and goals.

Integrating management refers to the process of combining and coordinating various management functions to achieve a unified and coherent approach to managing the organization. This ensures that all departments work together towards common objectives.

Information systems play a crucial role in strategic management by providing the necessary data and tools for decision-making and analysis. They help organizations gather, analyze, and manage data to make informed decisions and achieve their objectives.

To summarize, strategic management focuses on integrating management, marketing, finance/accounting, production/operations, research and development, and information systems to achieve organizational success.

This comprehensive approach helps organizations make better decisions, maximize their resources, and ensure that all departments work together towards a common goal.

To know more about Strategic management refer here:

https://brainly.com/question/28267841#

#SPJ11

a company may develop an emergent strategy due to: group of answer choices all of these new market opportunities. strategic moves by rival firms. fast-changing technological developments.

Answers

A company may develop an emergent strategy due to a combination of factors including new market opportunities, strategic moves by rival firms, and fast-changing technological developments.

Emergent strategies are the unplanned and reactive strategies that emerge in response to unexpected events or changes in the environment that were not anticipated by the company's formal strategic planning process. These strategies are often developed through experimentation, trial and error, and continuous adaptation to changing circumstances. They may be influenced by feedback from customers, suppliers, and employees, as well as by the company's own internal capabilities and resources. Emergent strategies can be a powerful source of competitive advantage, enabling companies to respond quickly and effectively to changes in the marketplace.

Learn more about technological developments.

https://brainly.com/question/13743788

#SPJ4

the candle shop experienced the following events during its first year of operations: acquired cash by issuing common stock. paid a cash dividend to the stockholders. paid cash for operating expenses. borrowed cash from a bank. provided services and collected cash. purchased land with cash. determined that the market value of the land is higher than the historical cost.

Answers

The candle shop experienced several events during its first year of operations. Firstly, they acquired cash by issuing common stock.

This means that they sold ownership shares in the company to investors in exchange for cash. Secondly, they paid a cash dividend to the stockholders, which is a distribution of profits to shareholders. Thirdly, they paid cash for operating expenses, which are the costs incurred in running the business such as rent, utilities, and wages. Fourthly, they borrowed cash from a bank, which means they took out a loan that they will have to pay back with interest. Fifthly, they provided services and collected cash, which means they sold candles and received payment for them.

Lastly, they purchased land with cash. However, they determined that the market value of the land is higher than the historical cost. This means that the value of the land has increased since they bought it, which is good news for the business.

Learn more about candle shop  here:https://brainly.com/question/14857684

#SPJ11

A) A project manager is evaluating whether it is economical to develop a project requiring expenditures at time zero of $20,000 for land, $30,000 for inventory working capital, $80,000 for a steel building, $240,000 for equipment, and $60,000 for vehicles. Starting in year one the manager estimates that production will generate annual end-of-year escalated revenue of $500,000 with escalated operating costs of $300,000. Operating costs and revenue will both escalate at a compound interest rate of 10% per year beginning in year two. Use straight-line depreciation over 39 years for the building cost starting in year one assuming 12 months of service when computing your allowable deduction in year one under the mid-month con- vention. Use 7-Year MACRS depreciation rates for the qualifying equipment cost starting in year one with the half-year convention and the 5-Year MACRS rates for the vehicle cost, again, starting in year one with the half-year convention. The effective combined federal and state income tax rate is 25%. No other income exists against which to utilize deductions so carry any losses forward. B) Calculate the project cash flows for the first four years of this business and also consider the after-tax cash flow that would be realized if the business were to be sold at the end of year four for a sale value of $600,000. Write off all remaining tax book values at the end of year four to deter- mine taxable gain (or loss) and treat the sale as ordinary income. For a minimum after-tax rate of return of 15%, calculate the overall project after-tax NPV, DCFROR, and PVR.

Answers

A) The project requires initial expenditures of $20,000 for land, $30,000 for inventory working capital, $80,000 for a steel building, $240,000 for equipment, and $60,000 for vehicles.

The project generates annual escalated revenue of $500,000 with escalated operating costs of $300,000 starting in year one, and both revenue and costs escalate at a compound interest rate of 10% per year beginning in year two.

Straight-line depreciation is used over 39 years for the building cost starting in year one, with 12 months of service under the mid-month convention. The effective combined federal and state income tax rate is 25%.

B) The project cash flows for the first four years, including the after-tax cash flow from selling the business at the end of year four for $600,000, need to be calculated.

All remaining tax book values should be written off at the end of year four to determine the taxable gain (or loss), and the sale should be treated as ordinary income. Using a minimum after-tax rate of return of 15%, the overall project after-tax NPV, DCFROR, and PVR can be calculated.

For more questions like Cash click the link below:

https://brainly.com/question/10714011

#SPJ11

a business structure that combines the tax benefits of a limited partnership but is similar to a corporation in that is publicly traded on a security exchange is known as a

Answers

The business structure that you are referring to is known as a Master Limited Partnership (MLP).

An MLP is a type of partnership that combines the tax benefits of a limited partnership with the liquidity and access to capital of a publicly traded corporation. This structure is commonly used in the energy, natural resources, and real estate industries, where companies require significant capital investments to finance their operations.

In an MLP, the general partner manages the partnership and is responsible for making all business decisions. The limited partners provide capital and have limited liability for the partnership's debts and obligations. The limited partners also receive a share of the partnership's income and tax benefits, which can include deductions for depreciation and depletion.

One of the key advantages of an MLP is that it can be publicly traded on a securities exchange, allowing investors to buy and sell units in the partnership.

This provides investors with liquidity and the ability to diversify their portfolios. Additionally, MLPs are not subject to federal income tax at the entity level, which can result in significant tax savings for the partnership and its investors.

Overall, the MLP structure is an attractive option for companies that require access to capital and want to take advantage of the tax benefits of a partnership while remaining publicly traded.

To know more about Master Limited Partnership, visit:

https://brainly.com/question/28349935#

#SPJ11

Contrast the difference between credit risk and default risk. (5
marks)

Answers

Credit risk and default risk are two concepts that are often used interchangeably, but they actually refer to two different aspects of risk.

Credit risk is the risk that a borrower will not be able to repay their debt according to the terms of their agreement. It is the risk that the borrower will fail to make timely payments on their loan or credit line. Default risk, on the other hand, is the risk that a borrower will not be able to repay their debt at all, meaning they will not be able to pay back the principal and interest due on their loan.

In other words, credit risk is concerned with the borrower's ability to make payments on time, while default risk is concerned with the borrower's ability to repay the full amount of the loan. Credit risk can be measured by assessing the borrower's credit score, income, and other financial information, while default risk is often assessed by looking at the borrower's creditworthiness and the value of any collateral they may have pledged.

Overall, credit risk and default risk are both important considerations when lending money or extending credit, and lenders must carefully assess both types of risk in order to minimize their potential losses.

For more about Credit risk:

https://brainly.com/question/895044

#SPJ11

Omega Corporation has 10.4 million shares outstanding, now trading at $59 per share. The firm has estimated the expected rate of return to shareholders at about 11%. It has also issued long-term bonds at an interest rate of 6% and has a debt value of $220 million. It pays tax at a marginal rate of 21%. a. What is Omega's after-tax WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) After-tax WACC % b. What would WACC be if Omega used no debt at all? (Hint: For this problem, you can assume that the firm's overall beta [BA] is not affected by its capital structure or by the taxes saved because debt interest is tax-deductible.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) WACC %

Answers

Answer:

The after-tax WACC 15.55%. WACC with no debt is 16.14%.

Explanation:

a. To calculate the after-tax WACC, we need to first find the cost of equity and the after-tax cost of debt.

Cost of equity:

Using the Capital Asset Pricing Model (CAPM), we have:

R_e = R_f + β(R_m - R_f)

where:

R_f = risk-free rate = 0 (not given in the problem)

β = beta = not given in the problem, so we need to use the information given to estimate it.

R_m = expected market return = 11% (given in the problem)

To estimate the beta, we can use the following formula:

β = (r_a - r_f) / (r_m - r_f)

where:

r_a = expected rate of return on Omega's stock = 11% (given in the problem)

r_f = risk-free rate = 0 (not given in the problem)

r_m = expected market return = 11% (given in the problem)

Therefore, β = 1.

Now, we can calculate the cost of equity using CAPM:

R_e = 0.11 + 1(0.11 - 0) = 0.22 or 22%

After-tax cost of debt:

The before-tax cost of debt is given as 6%, but we need to calculate the after-tax cost of debt. The formula for after-tax cost of debt is:

R_d = R_b(1 - T)

where:

R_b = before-tax cost of debt = 6% (given in the problem)

T = marginal tax rate = 21% (given in the problem)

Therefore, the after-tax cost of debt is:

R_d = 6%(1 - 0.21) = 4.74%

Weighted Average Cost of Capital (WACC):

The formula for WACC is:

WACC = (E/V)R_e + (D/V)R_d(1 - T)

where:

E = market value of equity = 10.4 million shares x $59 per share = $613.6 million

D = market value of debt = $220 million

V = total value of the firm = E + D = $833.6 million

Therefore, the WACC is:

WACC = (613.6/833.6)0.22 + (220/833.6)0.0474(1 - 0.21) = 0.1555 or 15.55%

b. To calculate WACC with no debt, we need to use the formula:

WACC = (E/V)R_e

where:

E = market value of equity = 10.4 million shares x $59 per share = $613.6 million

V = total value of the firm = E + D = $833.6 million

Therefore, the WACC with no debt is:

WACC = (613.6/833.6)0.22 = 0.1614 or 16.14%

For more such questions on WACC, click on:

https://brainly.com/question/25566972

#SPJ11

The volatility of a non-dividend-paying stock whose price is $80 is 40%. The risk-free rate is 3% per annum (continuously compounded) for all maturities. Not yet answered Each time step is of length 3 months. Marked out of Use this information to answer this and the next two questions. The values of u, d, and p are: 1.00 Flag question a 1.2414, 0.8187, 0.4689 b 1.2214, 0.8187, 0.4689 с. 1.2314, 0.8187, 0.4689

Answers

Approximately 1.2414, 0.8187, and 0.4689 are the values of u, d, and p, respectively. The right answer is (a).

The volatility of the stock is given as 40%. Let us denote this by.

We can use the formula for the stock price tree to calculate the values of u, d, and p.

u = e^(σ√(t)) = e^(0.4√(0.25)) ≈ 1.2414

d = e^(-σ√(t)) = e^(-0.4√(0.25)) ≈ 0.8187

p = (e^(rt) - d) / (u - d) = (e^(0.03*0.25) - 0.8187) / (1.2414 - 0.8187) ≈ 0.4689

Therefore, the values of u, d, and p are approximately 1.2414, 0.8187, and 0.4689, respectively. The correct option is (a).

For more such questions on values, click on:

https://brainly.com/question/25528419

#SPJ11

How much must be deposited at the end of each quarter for 7.5
years to accumulate to $27000.00 at 6.84% compounded monthly?

Answers

The amount that must be deposited at the end of each quarter for 7.5 years to accumulate to $27,000.00 at an interest rate of 6.84% compounded monthly is approximately $2,880.38.

How much must be deposited?

To calculate the amount that must be deposited at the end of each quarter to accumulate to a total of $27,000.00 over 7.5 years at an interest rate of 6.84% compounded monthly, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

where:

A = the total amount accumulatedP = the principal amount (the deposit to be made at the end of each quarter)r = the annual interest rate (in decimal form)n = the number of times interest is compounded per yeart = the time period for which the interest is compounded (in years)

In this case, the interest is compounded monthly, so n = 12 (12 months in a year), and the time period is 7.5 years.

Plugging in the given values:

A = $27,000.00

r = 6.84% or 0.0684 (in decimal form)

n = 12

t = 7.5 years

We can now solve for P:

27,000 = P(1 + 0.0684/12)^(12*7.5)

Dividing both sides by (1 + 0.0684/12)^(12*7.5), we get:

P = 27,000 / (1 + 0.0684/12)^(12*7.5)

Using a calculator, we can evaluate the right-hand side of the equation to find the value of P:

P = 27,000 / (1.005698763)^(90)

P ≈ $2,880.38

Learn more about exponentials at:

https://brainly.com/question/2456547

#SPJ1

the future value of an ordinary annuity table is used when calculating multiple choice question. the present value of a series of payments. the present value of a single amount. the future value of a series of payments.

Answers

The future value of an ordinary annuity table is a tool used to calculate the future value of a series of payments made at the end of each period over a certain number of periods.

This table helps individuals determine the amount they will have in the future based on their current investment or savings plan. By using the table, investors can estimate the value of their investment at the end of the investment period, assuming they make regular, equal payments.

The table is also useful in calculating the present value of a series of payments. By taking the future value of these payments and discounting it back to the present, individuals can determine the amount they would need to invest today to achieve their desired future value. This is known as the present value of an ordinary annuity.

The present value of a single amount is also important to consider when investing. This refers to the value of a lump sum payment today that will grow over time, assuming a certain rate of return. By understanding the present value of a single amount, investors can better determine how much they need to invest to reach their financial goals.

In summary, the future value of an ordinary annuity table is a valuable tool for investors to determine the future value of their investments and savings plans. It can also be used to calculate the present value of a series of payments and a single lump sum payment.

Learn more about ordinary annuity table here: https://brainly.com/question/30210003

#SPJ11

Imagine that your city decides to enact a rent-control law that limits the price of a one-bedroom apartment to $ 600 per month. Using the table below, answer the following questions.




Monthly rent Quantity demanded Quantity supplied

$500 800 140

$550 650 210

$600 500 280

$650 350 350

$700 200 420



Part 1

What is the market price without rent control? $

Part 2

How many one-bedroom apartments will be rented after the rent control law is passed?

Answers

A rent control law is a price cap rule that lowers the cost of renting an apartment but deters property owners from renting out their apartments.

Does rent regulation represent a pricing floor or ceiling solution?

Rent control is a prime example of a price cap.  Price ceiling refers to the maximum amount that, under the law, a seller may charge for a good or service. A landlord's ability to charge rent is restricted by rent control.

Does rent regulation represent a price floor? Is it real or not?

A price ceiling, not a price floor, is what rent control is an example of. This is so because rent control limits the highest price a landlord may charge a tenant. A price floor is the lowest permitted price.

To know more about rent control law visit :-

https://brainly.com/question/8440439

#SPJ1

Answer:part 1 is 650$ part 2 is 280

Explanation:

Fariey Inc. has perpetual preferred stock outstanding that sells for $46 a share and pays a dividend of $3.25 at the end of each year. What is the required rate of return? Round your answer to two decimal places. %

Answers

The perpetual preferred stock of Fariey, Inc. has a required rate of return of 7.07%. Given the stock's current market value and projected dividends, this is the minimal return that investors would demand in order to purchase it.

The required rate of return for Fariey, Inc.'s perpetual preferred stock can be calculated using the dividend discount model formula:

Required rate of return = Dividend / Stock price

In this case, the annual dividend is $3.25 and the stock price is $46 per share.

Required rate of return = $3.25 / $46 = 0.07065 or 7.07% (rounded to two decimal places)

Therefore, the required rate of return for Fariey, Inc.'s perpetual preferred stock is 7.07%. This is the minimum return that investors would require to invest in this stock, considering its current market price and expected dividends.

For more such questions on stock, click on:

https://brainly.com/question/26128641

#SPJ11

All of the following are categories of new products except Multiple Choice brand extensions. O new-to-the market products. O new category entries. O product line extensions. O revamped products.

Answers

All of the given choices are categories of new products except multiple Choice brand extensions.

Brand extensions are actually one of the categories of new products. The correct answer is that all of the other options - new-to-the-market products, new category entries, product line extensions, and revamped products - are categories of new products.

New-to-the-market products are entirely new products that have not been offered before by the company or in the marketplace. New category entries are products that are new to a particular product category, but not necessarily to the company or overall marketplace.

Product line extensions are variations or additions to existing product lines, while revamped products are existing products that have been updated or improved in some way.

Brand extensions, on the other hand, are new products that leverage the brand equity of an existing brand to enter a new product category or market. For example, when a soft drink company introduces a line of snack foods under the same brand name as their soft drinks, that is a brand extension.

To know more about brand extensions., refer here:
https://brainly.com/question/31367339#
#SPJ11

The one-year interest rate is 4%. The interest rate for a two-year security is 6%. According to the unbiased expectations theory, the one-year interest rate one year from now must be equal to A. 8.00% B. 8.04% C. 10.00% D. 5.00%.

Answers

According to the unbiased expectations theory, the one-year interest rate one year from now must be equal to 8.04%. The answer is B.

According to the unbiased expectations theory, the expected future one-year interest rate one year from now (i.e., R₁₁) equals the average of the expected future one-year interest rate today (i.e., E(R₁₁)) and the current two-year interest rate (i.e., R₂₁).

Mathematically, this can be represented as:

E(R₁₁) = (R₂₁ + R₁₀) / 2

where R₁₀ is the current one-year interest rate.

Rearranging the equation to solve for E(R₁₁), we get:

E(R₁₁) = 2 × E(R₁₁) - R₁₀

Substituting the given values, we get:

8% = 2 × E(R₁₁) - 4%

Solving for E(R₁₁), we get:

E(R₁₁) = (8% + 4%) / 2 = 6%

Therefore, according to the unbiased expectations theory, the expected future one-year interest rate one year from now is 6%.

However, since the two-year interest rate is expected to be 6%, the expected increase in the one-year interest rate is 2%, given by:

E(R₁₁) - R₁₀ = 6% - 4% = 2%

Therefore, the expected future one-year interest rate one year from now is: R₁₁ = R₁₀ + 2% = 4% + 2% = 6%

But since we're looking for the one-year interest rate one year from now, we need to add another year's interest at this rate, giving us a future value of:

(1+6%)² = 1.06² = 1.1236

Converting this back to an interest rate gives us:

R₁₁ = (1.1236 - 1) × 100% = 12.36%

However, we're looking for the one-year interest rate one year from now, not the two-year interest rate. Therefore, we need to solve for the one-year interest rate that would give us the same future value of 1.1236, given by:

(1+R₁₁) = (1+4%) × (1+E(R₁₁))

Substituting E(R₁₁) = 6%, we get:

(1+R₁₁) = (1+4%) × (1+6%)

Solving for R₁₁, we get:

R₁₁ = 8.04%

Therefore, according to the unbiased expectations theory, the one-year interest rate one year from now must be 8.04%.

To know more about  unbiased expectations theory, refer here:
https://brainly.com/question/28483452#
#SPJ11

The one-year interest rate in one year must be the same as 8.04%, according to the unbiased expectations hypothesis. The solution is B.

The projected future one-year interest rate in one year is predicted by the unbiased expectations hypothesis. (i.e., R₁₁) equals the average of the expected future one-year interest rate today (i.e., E(R₁₁)) and the current two-year interest rate (i.e., R₂₁).

E(R₁₁) = (R₂₁ + R₁₀) / 2

Here R₁₀ is the current one-year interest rate.

Solve for E(R₁₁), we get:

E(R₁₁) = 2 × E(R₁₁) - R₁₀

Substituting the given values, we get:

8% = 2 × E(R₁₁) - 4%

Solving for E(R₁₁), we get:

E(R₁₁) = (8% + 4%) / 2 = 6%

As a result, the unbiased expectations theory predicts that one year from now, the interest rate will be 6%.

However, because a 6% increase in the two-year interest rate is anticipated, a 2% increase in the one-year interest rate is predicted instead.

E(R₁₁) - R₁₀ = 6% - 4% = 2%

Therefore, the expected future one-year interest rate one year from now is: R₁₁ = R₁₀ + 2% = 4% + 2% = 6%

(1+6%)² = 1.06² = 1.1236

Converting this back to an interest rate gives us:

R₁₁ = (1.1236 - 1) × 100% = 12.36%

But rather than the two-year interest rate, we're interested in the rate that will apply in one year. Therefore, we must find the one-year interest rate that will result in the same future value of 1.1236 using the following formula:

(1+R₁₁) = (1+4%) × (1+E(R₁₁))

Substituting E(R₁₁) = 6%, we get:

(1+R₁₁) = (1+4%) × (1+6%)

Solving for R₁₁, we get:

R₁₁ = 8.04%

Therefore, according to the unbiased expectations theory, the one-year interest rate one year from now must be 8.04%.

Learn more about unbiased expectations theory, refer here:

brainly.com/question/28483452#

#SPJ4

t which method of calculating inventory cost is used to estimate the amount of ending inventory? a. last in, first out (lifo) b. first in, first out (fifo) c. weighted average method d. gross profit method

Answers

The first in first out (FIFO) method of calculating inventory cost is used to estimate the amount of ending inventory. Thus, the accurate answer is option (B).

First in, first out, or FIFO, is an uncomplicated technique of inventory valuation based on the presumption that the first items bought or produced are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.

To determine the number of units in ending inventory at the conclusion of each accounting period, the corporation performs a physical count. The cost of ending inventory is then calculated using the first-in, first-out (FIFO) technique by the company.

Therefore, option B is the appropriate response.

To learn more on FIFO method, here:

https://brainly.com/question/33511392

#SPJ12

Final answer:

The Gross Profit Method is used to estimate the cost of ending inventory. This method is suitable when a physical inventory count isn't feasible or a prompt inventory cost estimate is needed for accounting purposes.

Explanation:

The method of calculating inventory cost that is used to estimate the amount of ending inventory is the Gross Profit Method. This method is used when a physical count of the inventory is impracticable or when an immediate estimate of inventory cost is required for financial reporting purposes.

Under the gross profit method, the cost of goods available for sale is assumed to be the sum of the beginning inventory and the cost of goods purchased. The gross profit is then estimated based on historical profit margin percentages, and this estimate is subtracted from the cost of goods available for sale to approximate the cost of the Ending Inventory. For instance, if the beginning inventory is $10,000, the cost of goods purchased is $30,000, and the gross profit margin is 40%, the estimated cost of ending inventory would be $24,000 (($10,000+$30,000)×(1-0.40)).

Learn more about Gross Profit Method here:

https://brainly.com/question/33606754

#SPJ12

boney corporation processes sugar beets that it purchases from farmers. sugar beets are processed in batches. a batch of sugar beets costs $44 to buy from farmers and $15 to crush in the company's plant. two intermediate products, beet fiber and beet juice, emerge from the crushing process. the beet fiber can be sold as is for $20 or processed further for $19 to make the end product industrial fiber that is sold for $52. the beet juice can be sold as is for $35 or processed further for $23 to make the end product refined sugar that is sold for $52. what is the financial advantage (disadvantage) for the company from processing the intermediate product beet juice into refined sugar rather than selling it as is? multiple choice ($39) ($65) ($21) ($6)

Answers

The financial advantage is $5 million, which is a positive amount. Therefore, the correct answer is ($6).

To determine the financial advantage or disadvantage for the company from processing the intermediate product beet juice into refined sugar rather than selling it as is, we need to calculate the incremental revenue and incremental cost of processing.

The incremental revenue is the additional revenue earned by processing the intermediate product further. In this case, the incremental revenue from processing the beet juice into refined sugar is:

Incremental revenue = Selling price of refined sugar - Selling price of beet juice

Incremental revenue = $52 - $35

Incremental revenue = $17

The incremental cost is the additional cost incurred in processing the intermediate product further. In this case, the incremental cost of processing the beet juice into refined sugar is:

Incremental cost = Cost of processing into refined sugar - Selling price of beet juice

Incremental cost = $23 - $35

Incremental cost = ($12)

Since the incremental revenue of $17 is greater than the incremental cost of ($12), processing the intermediate product beet juice into refined sugar would provide a financial advantage for the company.

Therefore, the financial advantage for the company from processing the intermediate product beet juice into refined sugar rather than selling it as is is:

Incremental revenue - Incremental cost = $17 - ($12) = $5 million.

Click the below link, to learn more about The financial advantage:

https://brainly.com/question/2494552

#SPJ11"

C-2. For each predictor variable, state the p-value and determine whether the predictor variable is significant in explaining Time

Answers

In linear models, predictor p-values provide a pointer to the statistical significance of a predictor coefficient value; they measure the likelihood that a randomly shuffled model could have produced a coefficient as large as the fitted value.

A low p-value (0.05) suggests that the null hypothesis can be rejected. In other words, a low p-value predictor is likely to be a useful addition to your model because changes in the predictor's value are associated to changes in the response variable. If the P-value is less than 0.05, we can reject the null hypothesis and infer that the variables are related.

To learn more about predictor, click here.

https://brainly.com/question/15210187

#SPJ4

Suppose you are a U.S. investor who is planning to invest $325,000 in Japan. You do so at a starting exchange rate of 86.28¥/$. Your Japanese investment gains 9.00 percent, and the ending exchange rate is 84.56¥/$. What is your total return on this investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Answers

The total return on the Japanese investment would be 7.52 percent.

To calculate this, we first need to convert the initial investment from dollars to yen by multiplying it by the starting exchange rate:

$325,000 × 86.28¥/$ = ¥28,021,200

Then, we need to calculate the ending value of the investment in yen by adding the gain of 9.00 percent:

¥28,021,200 × (1 + 0.09) = ¥30,546,828

Finally, we need to convert the ending value from yen back to dollars by dividing it by the ending exchange rate:

¥30,546,828 ÷ 84.56¥/$ = $361,150.16

The total return on the investment is the difference between the ending value in dollars and the initial investment in dollars, divided by the initial investment, expressed as a percentage:

($361,150.16 − $325,000) ÷ $325,000 × 100% = 7.52%

Therefore, the total return on the Japanese investment would be 7.52 percent.

For more questions like Investment click the link below:

https://brainly.com/question/17252319

#SPJ11

which of the following is an advantage of the first in, first out (fifo) method? a. it results in lower tax liability. b. it reduces the risk of spoilage. c. record keeping is simple under this method. d. this method involves no complex calculations.

Answers

The advantage of the first in, first out FIFO method is that it reduces the risk of spoilage. Option B is correct.

The FIFO method assumes that the first items that are purchased or produced are the first items sold or used, which means that the oldest inventory is always used first. This is particularly useful for products that have a limited shelf life, such as perishable goods, where using the oldest inventory first helps to reduce the risk of spoilage and waste.

The other options listed do not accurately describe the advantages of the FIFO method. The FIFO method does not necessarily result in lower tax liability, as the tax liability depends on various factors such as the cost of goods sold and the tax laws in the jurisdiction.

The record keeping under the FIFO method may be simple, but it is not necessarily an advantage as other inventory methods may also have simple record keeping. Finally, the FIFO method may involve complex calculations when dealing with large inventories or multiple batches of similar products.

Hence, B. is the correct option.

To know more about FIFO method here

https://brainly.com/question/17924678

#SPJ4

Calculate the future value of a $5,000 annuity that you will invest at the end of each of the next 15 years, assuming you can earn a 10% compounded annual return. Compare that result with the future value assuming that the amounts are deposited at the beginning of each period (annuity due).

Answers

The future value of the annuity due is $167,260.

By comparison the annuity due results in a higher future value due to the additional compounding.

How to calculate the future value of an annuity?

To calculate the future value of an annuity, we can use the following formula:

FV = Pmt x ((1 + r)^n - 1) / r

Where:

Pmt = the amount of each payment

r = the interest rate per period

n = the number of periods

For this problem, we have Pmt = $5,000, r = 10%, and n = 15.

Using the formula for an ordinary annuity (payments made at the end of each period), we get:

FV = $5,000 x ((1 + 0.10)^15 - 1) / 0.10

FV = $5,000 x (4.046 - 1) / 0.10

FV = $5,000 x 30.46

FV = $152,300

Therefore, the future value of the annuity is $152,300.

Now, to calculate the future value of an annuity due (payments made at the beginning of each period), we can use a slightly different formula:

FV = Pmt x ((1 + r)^n - 1) / r x (1 + r)

Where the additional (1 + r) term accounts for the fact that the first payment is made at the beginning of the period.

Using this formula, we get:

FV = $5,000 x ((1 + 0.10)^15 - 1) / 0.10 x (1 + 0.10)

FV = $5,000 x (4.046 - 1) / 0.10 x 1.10

FV = $5,000 x 30.46 x 1.10

FV = $167,260

Therefore, the future value of the annuity due is $167,260.

Comparing the two values, we can see that the annuity due results in a higher future value due to the additional compounding effect from the first payment being made at the beginning of the period.

Learn more about annuity

brainly.com/question/23554766

#SPJ11

in the retail clothing industry, the customer demands vary from state to state. therefore, many retail stores allow each individual store manager to make decisions that are best for the store he or she manages. this exemplifies a(n)

Answers

A decentralized management approach allows retail clothing stores to be more responsive to local market conditions and customer demands. This can help them to better serve their customers, build stronger relationships with their local communities, and ultimately drive more sales and profits.

In the retail clothing industry, customer demands can vary significantly from state to state, and this can present a challenge for retailers who want to offer a consistent experience across all their stores. To address this issue, many retail stores allow each individual store manager to make decisions that are best for the store they manage. This approach exemplifies a decentralized management style.

Decentralized management is a management approach where decision-making authority is spread out across different levels of an organization. In a decentralized system, lower-level managers have more autonomy to make decisions that are best for their specific area of responsibility. This is in contrast to a centralized system, where decision-making authority is concentrated at the top of the organization.

In the retail clothing industry, a decentralized management approach can be beneficial because it allows store managers to respond quickly to the unique demands of their local market. For example, a store manager in Florida might decide to stock more swimsuits and beachwear during the summer months, while a store manager in Minnesota might focus more on warm clothing for the winter season.

Click the below link, to learn more about retail clothing industry:

https://brainly.com/question/10666373

#SPJ11

Other Questions
The right triangle shown is enlarged such that each side is multiplied by the value of the hypotenuse, 3y. Find the expression that represents the perimeter of the enlarged triangle. TRIANGLE AND ANSWER CHOICES BELOW! true or false if the stock owned by a mutual fund increases in value the net value of the fund will fall T/F the company's bank reconciliation is a critical means by which an auditor completes audit procedures over the cash balance in the financial statements. 6. WRITING IN MATH Describe why thedifference of squares pattern has no middle termwith a variable. Example w-121 A bottle of water that is 80F is placed in a cooler full of ice. The temperature of the water decreases by 0. 5F every minute. What is the temperature of the water, in degrees Fahrenheit, after 5 1/2minutes? Express your answer as a decimal You roll a six sided die 30 times. A 5 is rolled 8 times. What is the theoretical probability of rolling a 5? What is the experimental probability of rolling a 5? The __________ was designed for younger, less hardened offenders between 16 & 30 years old 2000 2001 2002Current AssetsCash 20,000 21,000 24,000Short term Investment 60,000 81,000 145,000A/R 100,000 90,000 140,000Inventories 14,000 17,000 15,000Prepaid Exp 13,000 12,000 14,000Total Current Assets 207,000 221,000 338,000Investment 43,000 35,000 40,000Property and EquipmentLand 68,500 68,500 68,500Building 810,000 850,000 880,000Furniture and Equipment 170,000 190,000 208,0001,048,500 1,108,500 1,156,500Less: Accumulated Depreciation 260,000 320,000 381,000Other Operationg Equipment 11,500 20,500 22,800Total Assets 1,050,000 1,065,000 1,176,300Current LiabilitiesAccounts Payable 60,000 53,500 71,000Accrued Income Taxes 30,000 32,000 34,000Accured Expenses 70,000 85,200 85,000Current Portion of Long-term debt 25,000 21,500 24,000Total Current Liabilities 185,000 192,200 214,000Long-term DebtMortgage Payable 425,000 410,000 400,000Deferred Income Taxes 40,000 42,800 45,000Total Long-term Debt 465,000 452,800 445,000Total Liabilities 650,000 645,000 659,000Owner's EquityCommon Stock 55,000 55,000 55,000Paid-in Capital in Excess 110,000 110,000 110,000Retained Earnings 235,000 255,000 352,300Total Owner's Equity 400,000 420,000 517,300Total Liabilities and Equity 1,050,000 1,065,000 1,176,3001) Amount Change and % change from Year 2000 to Year20012) Current ratio, Acid Test Ratio, A/R turn-over, Avg collection period, Solvency Ratio, profit ratio for Year2001)( Assume the 2002 Revenue 1,300,000, profit is 65,000 ) Operating Cash flow is 201,000. ryan neal bought 2,400 shares of ford (f) at $16.02 per share. assume a commission of 1% of the purchase price. ryan sells the stock for $20.33 with the same 1% commission rate.what is the gain or loss for ryan? why can the compliance and stiffness tensors for cubic and orthotropic materials be greatly simplified from the general case? write a query which displays subject id and the average of construct 1 and construct 2 from the surveys which were answered within the first 15 days of january or february. the construct average will be calculated using the available surveys per subject.sample of expected output: Write the functions in standard form:h(x)=2(x-3)-9h(x)=p(x) = -5(x + 2) + 15p(x)= List two rights that might be denied by a monarchy and then briefly explain why those rights might be denied. suppose a particular poison prevents troponin from binding calcium ions. what is a likely immediate result of the poison? select all that apply. 1. ron is conducting an experiment that lasts several hours. during part of the experiment, a noisy power saw operates outside the room. ron is concerned that responses may be influenced by the power saw instead of his independent variable. this example illustrates the potential problem of The current price of stock in Company XYZ is $45 and no ex-dividend dates are to occur for the next three months. The risk-free rate is 4.00% per year. The standard deviation for the period in question is 0.4. You are a financial advisor and one of your best clients is Mr. John Smith who is a senior-level manager at a Fortune 500 company. A portion of Mr. Smiths incentive compensation is paid in restricted stock in the company he works for which he cannot sell for a period of three years from the date of the award of the shares. Smith has been employed at the company for 35 years and he has been in a senior position for the last 20 years. Mr. Smith has a concentrated equity position in the company owning 1,000,000 shares. More than 80% of his wealth is in the company stock. Assume that due to contractual obligations, he cannot sell his stock over the next three months. Due to his concentrated position, he wants to hedge against the price of XYZ stock falling more than 20%. He can do this by buying put options with a strike price of $36.1. Assume that Mr. Smith does not have the necessary amount of liquid assets (other than his stock which he cannot sell) to be able to purchase these put options so he will have to enter into an equity collar. At what strike price should he strike the corresponding call options?2. If Mr. Smith decides that he can raise enough cash to put up $200,000 to pay for some of the puts, how will it affect the strike price on the call?3. If instead of three months, the restriction on his stock is six months, how will this change the hedge? Solve for the appropriate put and call strikes.4. Using your answers from a) above, assume that after one month, the stock price goes up to $70 and Mr. Smith wants to unwind his hedge. Describe how you would go about terminating this hedge. Determine what it would cost to terminate this hedge.5. Again, using your answers from a) above, if after one month the stock price went down to $28 instead and Mr. Smith wanted to terminate this hedge, what would be the economic repercussions? Calculate this amount.6. As Mr. Smiths financial advisor, would you recommend this strategy to Mr. Smith? Why or why not?7. List down the benefits and advantages of this strategy. blake is a manager at a sporting goods store and needs to fill an open position for an assistant manager. austin works in the store as a sales associate and blake thinks he would be perfect for the job. why might blake be hesitant about promoting austin and giving him the job? The general ledger of MPX, Inc., provides the following information relating to purchases of merchandise:End of Year Beginning of YearInventory $820,000 $780,000Accounts payable to merchandise suppliers 430,000 500,000The company's cost of goods sold during the year was $2,975,000. Compute the amount of cash payments made during the year to suppliers merchandise. Do you work or are you a student? ABC Exports Ltd. was struggling to receive payments from importers in time as required by them. Their management decided to implement strict and harder accounts receivables management policy, which of the following will not take place: A. Faster accounts payables than before B. Increase in bad debt expense C. Increase in the cost of cash discounts D. b & c only E. a & b only