If each week radio reaches 94
percent of adults and 91 percent of teenagers, to get the average percentage it
gets every week- with adults and teenagers, we have to add the two values and
then divide them by two. So 94 + 91 is equal to 185 divided by 2 is 92.5% or
93%.
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Answer:
$97,920
Explanation:
Budgeted direct material cost per unit $ 12.8
Actual level of activity 7,650
Direct material in the flexible budget $ 97,920
Answer:
The IRR is 5%. Rate of return would be 12.5% assuming a discount rate of 4%
Explanation:
The answer depends entirely on the discount rate. The question covers a 30 period timeframe and in each period, the pay off is $13 million. This is a simple time value of money concept in which to calculate the present value, you will simply calculate the present value of each of the cash flows. The formula is 13Mn/[(1+r)^n] where n is the year from 1 to 30, r is the discount rate.
The question requires us to calculate the return that is the variable 'r'. For this you need to have the present value today so that you can then use the equation to solve for 'r'. However, the only information we have is the time period and the cash flow. We are given $200mn as the initial outlay. So, we can at least use this to calculate the internal rate of return (IRR) which is simply the rate of return (or the value of 'r') at which the present value of each of the 13 Mn to be received over the next 30 years is equal to the initial outlay (i.e 200mn). In short, IRR is the rate of return at which the net present value (NPV) is equal to zero. In our example, and using the formula for each of the cash flow from years 1 to 30, the IRR is computated at 5%. So if the discount rate that the company uses is less than 5%, the company would be better of with Joe accepting the offer because any discount rate below 5% would result in the present value of the cash flows to be in excess of $200Mn.
Lets take an example and assume that the discount rate is 4%, using the formula from year 1 to 30 and summing the values would give us a present value of $225 Mn. So the rate lf return in this case would be (225-200)/200 x 100 = 12.5%.
Answer:
6.56%
Explanation:
Given:
The amount paid to the bank = $2,000
Let the interest rate paid be 'r'
By compound interest ,
After 1 year the paid amount will be $2000 × ( 1 + r )
Now,
the bank is paying $140 every year
thus,
2000 × ( 1 + r ) = 
or
2000r + 2000r² = 140
on solving the above quadratic equation, we get
r = 0.0656
or
r = 6.56%
Hence,
interest rate the bank advertising = 6.56%
Answer:
market supply of labor
Explanation:
The description provided is for a term known as the market supply of labor. In the context of economics, this term refers to the number of individual workers of a specific trait and with a specific skill level who supply their labor for varied prices. When dividing this by type of work it is the horizontal summation of the individuals' labor supply curves as can be seen in the graph shown attached.
