Answer:
When Jada is 44 years, the investment will be worth $39,741
Explanation:
time will be 44 - 38 = 6
t = 6 years
compounded every 3 month means 4 times a year (12/3 = 4)
n = 4
r = 7.8%
p = $25,000
Answer:
(a) the cost of the goods sold for the September 30 sale and
(b) the inventory on September 30.
- Ending inventory = 9 units at $17 = $153
Explanation:
date transaction units unit price total
1 beginning inv. 23 $16 $368
5 sale -13 ($208)
17 purchase 24 $17 $408
30 sale -25 ($415)
30 ending inv. 9 $17 $153
When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.
The COGS of the units sold on Sept. 5 = 13 units x $16 = $208
The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415
Ending inventory = 9 units at $17 = $153
Answer:
Charlotte should focus more in writing lines of code as an advantage while Tomer should focus more in reports.
Explanation:
<em>The two agent should concentrate in what they tend to produce, and that they should take a good advantage of it.</em>
<em>Charlotte has a advantage that is related in writing code lines and Tomer has a have a good advantage in report writing</em>
Answer:
(a) C(x) = 9500 + 55x
(b) R(x) = 90x
(c) P(x) = 35x - 9500
(d) C(240) = $22,700
All functions are measured in $.
Explanation:
The total revenue of an entity is a function of the number of units sold and the selling price per unit. The total cost is a function of the fixed cost and the variable cost (which is also a function of the units produced/sold). Profit is a function of sales and cost.
Given that monthly;
fixed costs = $9500
variable costs = $55 per unit
Selling price = $90 per unit
Where x is the number of units
total costs C(x) in $ = 9500 + 55x
total revenue R(x) in $ = 90x
profit P(x) in $ = 90x - (9500 + 55x)
= 35x - 9500
C(240) = 9500 + 55(240)
= $22,700
