Answer:
Cash price of the car
= Down payment + A(1 - <u>(1+r/m)</u>-nm
r/m
= $2,200 + $200(1-<u>(1+0.11/12</u>)-4x12
0.11/12
= $2,200 + $200(1-<u>(1+0.0091666667</u>)-48
0.0091666667
= $2,200 + $200(1-(<u>1.009166666667</u>)-48
0.0091666667
= $2,200 + `$200(38.691421)
= $9,938
Explanation:
The cash price of the car is equal to the down payment plus the present value of the monthly installment. The present value of the monthly installment is obtained by using present value of annuity formula.
Answer:
Justify your recommendation. From the BCG Matrix we can tell that Electrical appliances unit is a Cash Cow with high market share and stable growth.
THEN U FIND ONE THAT U LIKE
HOPE THIS HELPS
Explanation:
Answer:
a. its greater flexibility
Explanation:
A sole proprietorship is A form of legal business structure owned by only one person. The liabilities of the owner is unlimited. It is usually flexible as decisions are made and approved by the owner.
A sole proprietorship doesn't usually have perpetual existence. It usually ends when the owner dies. It is not easy to transfer shares to other family members.
A sole proprietorship gives the owner the opportunity to be involved in the day to day running of the business.
I hope my answer helps you.
Answer:
The term is Assurance
Explanation:
Assurance is the term that is used to mean employee expertise and politeness and their ability to convey trust. It refers to the employee's knowledge and courtesy and thereby shows his ability to convey trust.
Employees that possess the virtue of assurance in the workplace give their employers the opportunity to trust them. Such employees perform well at work.
Answer:
Its action would be optimal given an ordering cost of $28.31 per order
Explanation:
According to the given data we have the following:
economic order quantity, EOQ= 55 units
annual demand, D=235
holding cost per one unit per year, H=40%×$11=$4.4
ordering cost, S=?
In order to calculate the ordering cost we would have to use the following formula:
EOQ=√(<u>2×D×S)</u>
(H)
Hence, S=<u>(EOQ)∧2×H</u>
2×D
S=<u>(55)∧2×4.4</u>
2×235
S=<u>13,310</u>
470
S=$28.31
Its action would be optimal given an ordering cost of $28.31 per order