Answer:
So you deposit $150 in January and 10% more as each month passes by, which if you count, that would be 7 months. When it comes to compound interest, the formula for it is P(1 + r)^t. That means r = interest rate, P = principal, and t = time. In this case, we add 1 to 10% in decimal for. 10% is 0.1 in decimal form. 1 + 0.1 is 1.1. Now, compound 1.1 to the 7th power, because you repeat this 7 times. 1.1^7 is 1.9487171. Don't delete the decimal from your calculator. Now, multiply that decimal by 150 to get the new amount. When you do, you get 292.307565 or 292.31 when rounded to the nearest hundredth. You deposit $292.31 in August.
Explanation:
A local government is about to run a lottery but does not want to be involved in the payoff if a winner picks an annuity payoff. The government contracts with a trust to pay the lump-sum payout to the trust and have the trust (probably a local bank) pay the annual payments. The first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The local government will give the trust $2,000,000 to pay for this annuity. What investment rate must the trust earn to break even on this arrangement
If the first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The investment rate the trust must earn to break even on this arrangement is: 5.56%.
Investment rate earn to breakevenGiven data:
Initial deposit = $2,000,000
Annual payment = $150,000
Number of years = 25 years
Using this formula to find the interest rate on the annuity by solving for I:
PV=PMT×1−(1+I)−^N/I
Where:
Present value (PV) = -2,000,000
Number of years (N) = 25
Periodic payment (PMT) =-150,000
Future value=0
Interest rate=I/Y = ?
Hence,
$2,000,000=$150,000×1−(1+I)−^25/I
Using a financial calculator to find interest rate(I/Y ) by inputting the below data
N = 25
I/Y = ?
PV = 2,000,000
PMT = -150,000
FV = 0
Hence,
CPT I/Y = 5.56%
Therefore If the first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The investment rate the trust must earn to break even on this arrangement is: 5.56%.
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Consider two countries: Country A can produce six automobiles or twelve
movies with the same amount of resources. Country B can produce five
automobiles or eight movies with the same amount of resources. Using
Ricardo’s Theory of Comparative Advantage, determine which country will
produce automobiles, which will produce movies, and the range of relative
prices for these products within which these countries trade.
Because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is the justification for the above?According to the idea of comparative advantage, countries should manufacture and trade only goods in which they have a comparative advantage, i.e. commodities in which they can specialize.
To determine a country's comparative advantage, first compute the opportunity cost of making movies and vehicles in each.
Country A:
The Opportunity cost of producing 1 automobile = 2 moviesOpportunity cost of producing 1 movie = 1/2 automobileCountry B:
Opportunity cost of producing 1 automobile = 8/5 moviesOpportunity cost of producing 1 movie= 5/8 automobiles.Thus, it is right to state that because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is Richard's Theory of Comparative Advantage?According to Ricardo's widely regarded comparative advantage theory, states can obtain an international trade advantage by focusing on manufacturing items with the lowest opportunity costs when compared to other nations.
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The 2017 balance sheet of Kerber’s Tennis Shop, Incorporated, showed $2.2 million in long-term debt, $710,000 in the common stock account, and $6.4 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.9 million, $905,000, and $8.4 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $200,000. The company paid out $610,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $850,000, and the firm reduced its net working capital investment by $155,000, what was the firm's 2018 operating cash flow, or OCF?
The firm's 2018 operating cash flow, or OCF is -$2,219,500
How do we determine the operating cash flow?
The operating cash flow can be determined from the cash flows from assets formula where cash flow from assets is the operating cash flow minus net capital spending and net change in working capital
cash flow from assets=operating cash flow-net capital spending+ net increase in working capital
Cash Flow from Assets = Cash Flow to Creditors + Cash Flow to Stockholders
Cash Flow to Creditors = Interest Expense - Net New Long-term Debt
Cash Flow to Creditors=$200,000-($3,900,000-$2,200,000)
cash flow to creditors=$200,000-$1700,000
cash flow to creditors=-$1,500,000
Cash Flow to Stockholders = Dividends - Net New Equity
cash flow to stockholders=$610,000-($905,000+$8,400,000-$710,000-$6,400,000)
cash flow to stockholders=-$1,585,000
Cash Flow from Assets =-$1,500,000-$1,585,000
Cash Flow from Assets =-$3,085,000
operating cash flow=unknown(assume it is x)
net capital spending=$850,000
net increase in working capital=$155,000
-$3,085,000=x-$850,00-$155,000
x=-$3,085,000+$850,000+$155,000
x=OCF=-$2,219,500
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What was sweeten company cost of goods sold for march? (Do not round)
Sweeten Company's Cost of Goods Sold for March was $130,200.
How is the cost of goods sold determined?The cost of goods sold is made up of the costs of direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.
Data and Calculations:Molding Fabrication Total
Estimated total manufacturing hours 4,000 2,400 6,400
Estimated Fixed manufacturing overhead $16,000 $24,000 $40,000
Estimated variable manufacturing overhead
per machine hour $1.40 $2.20
Job P Job Q
Direct materials $20,800 $12,800
Direct labor 33,600 12,000
Actual Machine Hours:
Molding 2,740 1,280
Fabrication 960 1,420
Total machine hours 3,700 2,700
Units produced 20 30
Predetermined Overhead Rates:Molding Fabrication
Estimated total manufacturing hours 4,000 2,400
Estimated Fixed manufacturing overhead $16,000 $24,000
Predetermined Overhead Rates $4 $10
($16,000/4,000) ($24,000/2,400)
Determination of Applied Overhead Costs:Job P Job Q
Variable Overhead $5,180 ($1.40 x 3,700) $5,940 ($2.20 x 2,700)
Fixed Overhead:
Molding $10,960 (2,740 x $4) $5,120 (1,280 x $4)
Fabrication $9,600 (960 x $10) $14,200 (1,420 x $10)
Fixed Overhead $20,560 $19,320
Total overhead $25,740 $25,260
Determination of Cost of Goods Sold:Job P Job Q Total
Direct materials $20,800 $12,800 $33,600
Direct labor 33,600 12,000 45,600
Variable Overhead 5,180 5,940 11,120
Fixed Overhead 20,560 19,320 39,880
Cost of goods sold $80,140 $50,060 $130,200
Cost per unit $4,007 $1,669
Thus, Sweeten Company's Cost of Goods Sold for March was $130,200.
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What is the definition of collective bargaining?
ongoing salary negotiations between an employee and a factory owner a
an agreement among a group of factory owners to raise worker wages
a written set of guidelines about legal and illegal workplace conditions
labor union and employer negotiations about wages and other issues
The process of negotiating employment terms between an employer and a group of employees is known as collective bargaining.
Typically, a labor union represents employees during collective bargaining. Working conditions, pay and benefits, working hours, and other terms may be bargained during collective bargaining. A written contract is intended to establish a collective bargaining agreement. All employees have a fundamental right to engage in collective bargaining, according to the International Labor Organization. Members of corporate management and labor union leaders, who are chosen by workers to represent them and their interests, negotiate collectively on a regular basis. When employee contracts are due for renewal or when employers alter the workplace or contracts, collective bargaining is started.
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ETHICS Sophia negotiated a contract with Pete under which she would buy his company for $10 million plus the amount of the company’s outstanding debt (approximately $1 million). But when Pete sent a draft of the contract, it stated that the purchase price would be $10 million less the company’s debt. What is Sophia’s ethical obligation to Pete? Should she tell him about the mistake? What Life Principles would you apply in this situation? What would Kant say?
In exchange for buying Pete's business for $10 million plus the balance of its debt (about $1 million), Sophia and Pete arranged a contract. The purchase price, however, was $10 million less than the company's debt when Pete provided a draft of the deal. What ethical duty does Sophia have to Pete? Should she let him know about the error? Which life lessons would you apply in this circumstance? How would Kant respond?
It is Sophia's moral responsibility to inform Pete of the contract draft's inaccuracy and arrange for its correction When a contract error results in litigation, the court will only alter the terms of the agreement if there is convincing evidence that the parties meant to perform differently than what is specified in the agreement. There is no evidence to back the claim because the agreement was designed such that Sophia would buy Pete's company for $10 million plus the amount of the company's existing debt, which rarely occurs against the terms of a contract by accident. So if Sophia didn't tell Pete about the mistake, Sophia would win but Pete would lose. In this case, I would act morality's guiding ideals. In my opinion, Sophia should tell Pete about the mistake and act in a way that is morally proper given the situation. According to Kant, morality is founded more on upholding one's moral duties than it is on the outcomes of one's activities. Kant would then counsel Sophia to inform Pete of the error because it is morally required of her to tell the truth when entering into a contract.
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Can a trend serve as a business opportunity?
A.)True
B.)False
Answer:
A. True
Explanation:
It can hop on the trend to seem appealing. Ex: in the early 2000s, crop tops where a trend, so businesses where all making shirts that are crop tops so people would buy them.
Answer:
yes it can
Explanation:
if there is a trend in your product it will make more people want to buy it
The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called ________.
Answer:
The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called net income.
Explanation:
Hope this helps :)
1. The _____ is also known as location departmentalization, which is a logical structure and sells its goods in different regions.
A. Geographic structure
B. Matrix organisational structure
C. Multiple Departmentalization
D. Network Structure
2. A process in which managers make a decision as to what type of organisational structure is sufficiently aligned to the external environment and which is most appropriate to the strategies and plans of the organisation
A. Accountability
B. Coordination
C. Organisation design
D. Division of work
3. Emerges naturally from the social relationships which develop between the employees within the organisation.
A. Division of work
B. Job specialization
C. Unity of Command
D. Informal Structure
4. This entails a detailed analysis of work to be done and resources to be used, to accomplish the aims of the business.
A. Organising
B. Scalar Principle
C. Unity of Command principle
D. Job design
5. The organisation design process involves the following steps except_____
A. Reflect on plans and objectives
B. Establish major task and activities
C. Design jobs and assign to employees
D. Identify top level managers
6. The Spokesperson role of a manager involves passing on information received to individuals within the organisation who would benefit from it.
A. True
B. False
7. The formal organisational structure emerges naturally from the social relationships which develop between the employees within the organisation.
A. True
B. False
8. The _____ builds on the features of the network organisation and is a streamlined model that fits rapidly changing and dynamic business environment.
A. Network Structure
B. Geographic Structure
C. Virtual Network Structure
D. Customer based Structure
9. The second step of the organisation design process is
A. Design jobs and assign to employees
B. Define worker relationships
C. Reflect on plans and objectives
D. Establish major task and activities
10. The ____ is a divisional structure where each product or business line is handled by a self-contained division within the business.
A. Team Structure
B. Product structure
C. Virtual Network
D. Matrix Structure
The Geographic structure is likewise called location departmentalization, that's a logical structure that sells its goods in special areas.
In geography, area or location are used to denote a location (point, line, or region) on the planet's floor or elsewhere. The term location commonly implies a better diploma of truth than region, the latter often indicating an entity with an ambiguous boundary, relying greater on human or social attributes of region identification and feel of vicinity than on geometry.
Definition of location: a position or website occupied or available for occupancy or marked by using a few distinguishing functions: state of affairs tons of the attraction of the house is in its vicinity. b(1): a tract of land designated for a reason the area for mining declare. (2) Australia: farm, station.
Location either refers back to the actual range and longitude coordinates (absolute region) of something on this planet's surface, or it describes something's role in connection with something else (relative area). place, on the other hand, refers back to the bodily and human characteristics of a niche on the map.
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3. How do British Social Anthropologists place an emphasis on structural-functionalism or the function of social structures?
Answer: HELLO DO YOU REMEBER ME FRIEND?
Explanation:
Implementing the strengthening families approach into your ECE program requires
Parental resiliency, social ties, tangible support in times of need, understanding of parenting and child development, and social and emotional competency in children are necessary for implementing the strengthening families approach into your ECE program.
The foundation of effective family-centered practice is working with families and young people. Caseworkers must be adept at communicating with children, teenagers, and families to assist them develop interpersonal, parenting, and problem-solving skills in order to successfully conduct assessments, case planning, and case management. Engaging families and youth, offering direct assistance with difficulties the family is facing, including counseling, parent coaching, and modeling, and continuing to assess the family's needs, strengths, and progress are all components of effective work with families.
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Why does the speaker recommend prioritizing investing for retirement over paying off Federal student loans?
The obvious answer is that if the interest rate on your student loan debt is higher than the predicted return on investment, Paying down your student loans first. Invest if the return on your investment is more than the interest on your student loans.
Any leftover debt is cancelled after 25 years on the program. People whose loans are in arrears are not eligible for the program. People can, however, pull their debts out of default by making a series of "reasonable" payments. Once the debt is no longer in default, benefit offset should cease. Paying off student loans reduces your DTI.
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National Debt timeline: record the total national debt for the United States, the public figure in office at the time, and any significant events that may have affected the national debt during the years prior to the date listed. (1791-2015)
The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.
What is What is the process of calculating life value?
The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax.
The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.
Therefore, The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.
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to what extent should the government be involved in creating and enforcing safety laws. What extent should companies be responsible for creating their own standards and self-policing those standards?
to what extent should the government be involved in creating and enforcing safety laws. What extent should companies be responsible for creating their own standards and self-policing those standards?
24. You earn $6.30 per hour plus tips. If you work 26 hours this week and
collect $26.35 in tips, what is your gross pay?
305
Answer:
Gross profit is $190.15
Explanation:
$6.30 for 26 hours is 6.30 * 26 = 163.8
163.8 + 26.35 (tips) = $190.15
Entrepreneurs and business owners need to think about and plan for threats like terrorist attacks, economic instability, and even changes in consumer preferences. Fortunately, opportunities are also a constant that the entrepreneur needs to consider. Think of your entrepreneurial endeavor. What opportunities might be on the horizon? How can us best prepare for opportunities in your field? Write a short paragraph explaining your answer.
The opportunities that may be on the horizon are:
Website designingOnline tutoringOnline business, etc.How can us best prepare for opportunities in your field?
The way i can best prepare for the new opportunities is that:
I will research Growth Trends. I will need to fine the Potential area that fit me mostI will also Talk to Other ProfessionalsLearn. Volunteering, Interning, or other and then start mine.Therefore, The opportunities that may be on the horizon are:
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Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.
By using the ceteris paribus assumption, Taylor is holding the
holding all costs of production other than the wage rate constantnot considering retail price of laptop computersWhat is ceteris paribus?Ceteris paribus is a Latin phrase used in economics that means all other things being equal in English. It is used when studying the effect of one variable on another variable to mean that other variables that can affect the variable being studied is assumed to not change.
When Taylor is analyzing the effect of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, he is assuming that other factors that would affect the supply of laptops are assumed to be constant.
The other factors that might affect the supply of laptop computers include:
cost of production retail price of laptopsHere is the complete question:
Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.
Select the two correct answers below.
Select all that apply:
holding the supply of laptop computers constant
holding all costs of production other than the wage rate constant
holding wage rates constant
not considering retail price of laptop computers
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How many business start ups fail in their first year?
In the first year, 10% of startups fail.
What causes a startup to fail?According to business owners, reasons for failure include a lack of funding, being in the wrong market, a lack of research, bad alliances, ineffective marketing, and a lack of industry knowledge. Success can be attained by goal-setting, accurate study, enjoyment of your work, and perseverance.
Which company model is most likely to fail?Although the construction sector is predicted to increase by 13 percent, a staggering 25% of businesses fail within the sector. The failure rate in the transportation sector is the same. In both industries, 35% of businesses fail by their second year, and 60% by their fifth.
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What is the first step you will take with your new business partners to plan your business?
Answer:
I would buy or create another company.
Explanation:
Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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What is the name given to the study of how wealth is created and distributed?
O Marketing
O Economics
O Finance
O Capitalism
Answer:
What is the name given to the study of how wealth is created and distributed?
O Marketing
O Economics
O Finance
O Capitalism
Kassidy's Kabob House has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return? Assume the market is in equilibrium with the required return equal to the expected return.
Cost of Preferred stock is 10% in this case.
Provided that the preferred stock would sell for $50 per share and that the corporation is required to pay a $5 dividend at the end of each year. As a result, Kassidy's Kabob House must incur a $5 annual cost in order to raise $50.
Because the preferred dividend would be adjusted after the tax cut, the tax rate has no effect on the cost. Cost of Preferred stock is equal to preferred dividend divided by price of preferred stock.
Cost of Preferred stock = 5/50
On solving the above we get, Cost of Preferred stock = 10%
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Select the correct answer from each drop-down menu.
How will you Identify a file type on your computer?
A file type is the standard used to
and information in a computer. All file types have unique
determine which program to use to open a particular file and to access its data.
Nepal is multi media is co on of this
Which is an extracurricular activity?
OA. Playing video games with friends
B. Playing high school volleyball
OC. Working at a local diner
OD. Taking an extra year of math
SUBMI
Volleyball in high school is an extracurricular activity. As a result, choice (B) is accurate.
What do you know about extracurricular activity?A student-performed activity that is outside the scope of the regular curriculum of a school, college, or university is referred to as an extracurricular activity (ECA), extra academic activity (EAA), or cultural activity.
Such endeavors are typically social, charitable, voluntary (as opposed to required), and frequently involve people of a similar age. Although student-led projects, such independent publications, are frequently seen, students and staff manage these activities under academic sponsorship.
However, occasionally, these activities are also introduced in the classroom by the teachers and school principals.In the USA, 70% of teenagers participate in extracurricular activities, according to a group study that polled students of school age for the National Longitudinal Study of Adolescent Health.
Other studies have shown that participating in extracurricular activities lowers the risk of dropping out of school, lowers the risk of committing a crime, and increases educational retention, success, and academic achievement
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The original draft of the Declaration of Independence condemned
O slavery
O the slave trade
O emancipation
The original draft of the Declaration of Independence condemned
O slavery
In the graduate program at Herringbone University, students are allowed only one missed class per semester or they face academic discipline. Three female students have approached you as the diversity and ethics officer with a concern about the policy They explain that they all have young children (as do many students in the program), and getting childcare during class times is difficult because some of the classes don't end until 8:00 in the evening. They feel the policy is unfair, especially since the university doesn't offer any support. leniency in policy, or childcare options. In addition, the location of the university (an upper middle class neighborhood where most children have at least one parent at home) is not where most students live (a neighborhood where most children have two working parents or a single working parent)
As a Diversity and Ethics Officer I would respond to the issue by raising a request for a day/evening care for children (free or at a lowest possible rate) and starting a bus route.
What is University?A university is a place to study where the students study after their high school. Studying at university gives them a Bachelor's degree.
The concerns of the students are true and I am responsible to respond them and their issues. The issue of child care can be raised to start a day/ evening care at the university where the students can study without caring for their child.
Also the traveling issue can be resolved by starting a bus route by the university itself or alternatively the local authorities can be asked to start a bus route that will enable the students to travel to and from university.
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why do you think the parents are willing to play such a significate and risky role in there kids admission process.
Answer:
The answer is simple... They want their child to succeed. And if that means paying thousands upon thousands of dollars for their child to go to their dream college to pursue their career, than they are willing to do it.
I also think that in some ways, parents live through their child. By that, I mean providing their kid with the life they themselves never had.
Explanation:
Bruce is trying to imagine the worst possible day on the job in order to help him figure out what he values at work.
For Bruce, what kind of value is this nightmare job scenario?
an intrinsic career value
a lifestyle value
a self-discovery exercise
an extrinsic career value
If Bruce is trying to imagine the worst possible day on the job in order to help him figure out what he values at work. For Bruce, the kind of value is this nightmare job scenario is: A self-discovery exercise.
What is self-discovery ?Self-discovery can be defined as the process in which a person tend to understand the kind of person they are by trying to have an understanding about their own self strength ,character or behavior.
Based on the scenario Bruce is making use of self discovery exercise to imagine the worst possible day on the job so as to figure out what he values at work.
Therefore the kind of value is this nightmare job scenario is: A self-discovery exercise.
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Jason works in a water bottling plant. The bottles have to hold exactly one liter of water each. Jason observed that the amount bottles varied about five milliliters above and below the one-liter mark. Which measurement phenomena should Jason use to variation?
Jason uses the metric system to calculate the water filled in the bottles.
What is metric system?All of the following statements apply to the metric system:
System: a group of cooperating or interconnected parts that together constitute a coherent whole.Anything that can be measured can be specified using a system of measurement, or set of units. Systems of measurement were initially established and governed historically to promote trade and internal business. Units were arbitrarily determined by the ruling bodies by fiat and were not always closely related to one another or self-consistent. Some quantities were recognized as basis units when they were later scientifically investigated, which meant that all other needed units of measure could be derived from them.To learn more about metric system visit:
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What can cause the market demand curve for day old bread and inferior hood to shift rightward an increase in demand
A decline in income is one factor that can lead the market demand curve for day-old bread to move to the right.
What might cause a demand curve to shift to the right?If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.
When income increases the demand curve for an inferior good?As income rises or the economy gets better, the demand for subpar products declines in economics. Consumers will be more inclined to spend money on pricey alternatives if this occurs. Quality or a change in a consumer's socioeconomic level may be a few factors causing this transition.
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