Answer:
The investment will have a value of $2875.60 after 6 years.
Explanation:
The formula to determine the final value of this investment at the end of this period is:
<em>Future Value= Present Value*(1+r)^n</em>
Where:
Present Value= Current value is capital today. In this case <u>$1,820
</u>
Future Value= It is the value that is generated as a result of a compound nominal rate applied to a certain number of periods in which said rate is applied plus the present value.
r= The interest rate at which the debt is generated is determined in percentage and its duration is annual. In this case <u>8%
</u>
n=The periods that the investment or debt will last. In this case there are <u>6 </u>periods because the investment is annual.
FV= 1820 *(1+0.08)^6
FV=1820*1.58
FV= 2875.60
If the price of a good produced by a competitive firm increases, then the total revenue of the firm will decrease with the decrease in the quantity sold.
<h3>What is the effect of increase the price under the competitive firm?</h3>
The perfect competitive firm is defined as the competitive firm, means there are many firms present in the industry that sell same commodity at same price.
If any firm increases the prices of their product in the market, its revenue also decreases as the another firms sell the same product at the same price. As a result of that, the total revenue of the firm will increase.
Therefore, the If the price of a good produced by a competitive firm rises, the total revenue of the firm will fall as the quantity sold decreases.
Learn more about the competitive firm, refer to:
brainly.com/question/17241373
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<span>The states that were in the southern region receive more of then revenue from the federal government than most other states. The five most dependent states are New Mexico, Mississippi, Kentucky, Montana and Alabama.</span>
Answer:
$140,880
Explanation:
Taxable Income:
= Pre tax financial income - Interest income from municipal bond - fine for dumping hazardous waste + Depreciation as per books - Depreciation as per income tax
= $553,000 - $74,000 - $25,000 + $62,400 - $46,800
= $469,600
Therefore,
Income tax payable = Taxable Income × Tax rate
= $469,600 × 30%
= $140,880
Answer: C. They choose channels that specialize in the kinds of goods they make.
Explanation:
In selling their goods to the consumers, Manufacturers have to identify the characteristics of various Distribution channels and then pick the one that they fell aligns most to their company.
The specializations of the various Distribution channels determine how the company will sell it's products because they operate in different ways. For example, Direct distribution channels use wholsealers and retail shops whilst Indirect uses online sales for the most part. Some might use Select distribution channels where their goods at only marketed in stores that are known for the type of goods the company sells such as clothes and handbags.
It pays to use a distribution channel that is related to their type of good.