Answer:
FV= $12,818.4
Explanation:
Giving the following information:
You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest.
To calculate the future value we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {4,200*[(1.052^2)-1]}/0.052 + 4,200= $12,818.4
Answer:
The correct answer is E
Explanation:
Repositioning is defined as the strategy which is when the company changes the status of the brand or product in the market place. And it usually involve the changes to the marketing mix, which involve promotion, product, price and place.
It is done to keep up with the wants and the needs of the customers. So, in this case, the repositioning moves the product on the map from old location to new location. Therefore, the new location will be active, the day when Research and Development (R&D) projects completes.
Answer:
Which organization does not work for consumers
Federal treasury
Explanation:
The other three are consumer-focused. But the Federal Treasury is a US government agency that advises government on fiscal matters. It performs some law enforcement activities to help government enforce laws on fiscal policies. It is also responsible for manufacturing the currency and postage stamps. Finally, it has responsibility for the supervision of national banks in the United States.
Answer:
Total payroll taxes 213
Explanation:
the employeer will have to record the taxes on the wages plus the taxes on his behalf
1,000 x 6.2 = 62
1,000 x 1.45 = 14.5
Total 76.5 for the employee
Then the employer must pay the same amount of taxes.
employer taxes 76.5
Total for OASDI and Medicare: 153
Then FUTA&SUTA 6% of 1000 60
Total payroll taxes 213
Answer:
a. Annual fee for licensing the school logo - Direct cost - Fixed Cost
b. Cost of store manager's salary - Indirect Cost - Fixed Cost
c. Costs of t-shirts purchased for sale to customers - Direct cost - Variable cost
d. Subscription to College Apparel Trends magazine - Direct cost - Fixed Cost
e. Leasing of computer software used for financial budgeting at the ECS store - Indirect Cost - Fixed Cost
f. Cost of coffee provided free to all customers of the ECS store - Indirect Cost - Variable cost
g. Cost of cleaning the store every night after closing - Indirect Cost - Fixed Cost
h. Freight-in costs of t-shirts purchased by ECS - Direct cost - Variable cost
