Answer:
I would need to invest 672,097.26 at 10.7% annual rate
If rate drops by half then the investment will be for 819,815.38
Explanation:
We are asked to to an invesmtent today to yield 1,000,000 in 40 years.
Notice this will be a lump sum not an annuity as this will be just one investment.
Amount 1,000,000.00
time 0.11
rate 40.00000
Principal at 10.7% 672,097.26
Principal at 5.35% 819,815.38
This is an example of mass selling through publicity.
The show may not have been that much popular before Tom Bowman wanted it gone, however, after he asked for its removal from the air, people were interested to see why that is so, which is why it gained many new followers instead of losing its old ones.
Answer:
a. The answer is:762 bottlé.
b. The answer is: 487 bottles.
Explanation:
a. The economic order quantity is calculated as:
=
= 762 units because: D = annual demand = Weekly demand x week opening per year = 134 x 52 = 6968; S = Cost per order = 25; H = Holding cost per unit = 15% x purchase price = 15% x 4 = 0.6
b. Inventory level to place order:
With the inventory system providing a 95 percent service probability, z level is 1.64 (using the NORM.S.INV function in excel).
So Inventory level to place order = 134 * 3 + 1.64 * 30 * 3^0.5= 487 bottles.
A bank service fee of $10 would be included on the bank reconciliation as on the last day of the bank statement
<h2>What exactly does a bank reconciliation include?</h2>
Starting with the bank's ending cash balance, adding any deposits that are currently being made up of the company to the bank, subtracting any checks that haven't yet been cleared by the bank, then either adding or subtracting any other items completes the basic process flow for a bank reconciliation.
<h3>A bank reconciliation is what?</h3>
At the conclusion of every month, a business should perform a bank reconciliation, which is that the process of confirming the correctness of both the bank statement and the cash accounts.
The most frequent reasons why the ending bank balance and ending book balance of cash differ.
Learn more about bank reconciliation :
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Answer:
$22.2 billion
Explanation:
Calculation to determine How much would they report as LIFO cost of goods sold
Cost of goods sold=$22 billion + ($0.8 billion $0.6 billion)
Cost of goods sold=$22 billion + $0.2 billion
Cost of goods sold= $22.2 billion
Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion