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3 years ago

A principal of $2700 is invested at 8.75% interest, compounded annually. how much will the investment be worth after 8 years

1 answer:

5 0

The formula for compounding interest is

F= P(1+i)^n

where F is the future worth, P is the principal amount, i is the interest, and n is the number of years. Applying this equation,

F = 2700(1+0.0875)^8
F = $ 5282

I hope I was able to help you with this. Have a good day!

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One potential drawback of just-in-time (jit) production is that

skelet666 [1.2K]

One potential drawback of just-in-time (jit) production is that the company would face disruptions in the supply chain if the supplier of raw materials could not deliver the required materials on time.

Explanation:

The management strategy that aligns raw-material orders from suppliers directly with production schedules. This strategy is employed in many companies to reduce the wastage and to increase the efficiency. It requires an accurate forecast of the demand by the production team of the firm so that the production requirements can be initiated accordingly.

In spite of all the advantages like reducing the inventory costs (like warehousing, etc.) or easily spotting production mistakes, great focus on quality, etc, this method also has the following disadvantages,

If the suppliers could not deliver the required materials on time, the entire production process will be stalled.

Natural calamities could also intervene in the flow of materials from the supplier side

Massive unexpected demands from the customer side cannot be managed.

3 0

3 years ago

When quantity supplied equals quantity demanded, there is a(n): a. equilibrium, and the price will not change. b. surplus, and t

padilas [110]

Answer:

a. equilibrium, and the price will not change

Explanation:

At equilibrium, quantity supplied equals quantity demanded. There is no incentive for prices to change.

Above the equilibrium price, there is a surplus, and the price will fall.

Below the equilibrium price, there is a shortage and prices would rise.

I hope my answer helps you

4 0

3 years ago

The following information was available from the inventory records of Sunland Company for January: Units Unit Cost Total Cost Ba

luda_lava [24]

Answer:

Cost of Ending Inventory $ 47,077.74

Units on Hand 31 Jan = 4,600

Weighted Average Cost= $ 10.24per unit

Explanation:

We divide the total cost with the total number of units to get the weighted average cost per unit.

Sunland Company

Units Unit Cost Total Cost

Balance at January 1 9000 $9.70 $87300

Purchases: January 6 6000 10.35 62100

January 26 8300 10.73 89059

Total Units 23,300 238,459

Sales January 7 (7400 )

January 31 (11300 )

Units on Hand 31 Jan = 4,600

Weighted Average Cost= Total Cost/ Total Units = 238,459/ 23,300 =

$ 10.235≅ $ 10.24

Cost of Ending Inventory = 4,600*$ 10.24= $ 47,077.74

8 0

3 years ago

Suring its first month of operations, Mathis Spa purchased supplies for $4,500 and debited the supplies account for that amount.

zavuch27 [327]

Answer:

The journal entry which is to be made for the June is shown below:

Explanation:

The journal entry which is to be made for the June is as:

Supplies expense A/c..................................Dr $3,500

Supplies A/c..........................................Cr $3,500

Being record the supplies which were used by the business during operations

The supplies expense is debited against the supplies accounts which were used by the business during June.

Working Note:

Amount = Purchased amount supplies - Inventory of supplies on hand

where

Purchased amount supplies is $4,500

Inventory of supplies on hand is $1,000

So,

Amount = $4,500 - $1,000

= $3,500

6 0

4 years ago

Although most international business is conducted in English, levels of comprehension can vary. How can you enhance your oral co

Arturiano [62]

The following from the given are the ways that would enhance the oral communication skills internationally,

Option A: Follow up in writing.

Option B: Accept blame.

Option E: Encourage accurate feedback.

Option F: Smile when appropriate.

Explanation:

Oral communication can be said as the most easiest and fast way of conveying the message or the information. It is more important to develop the oral communication skills for each and every individual.

The following are some of the steps to upgrade the level of language and communicating ability internationally,

Listen - Keep listening whenever the other person speaks.

Accept the mistakes - This will help in rectifying the errors.

Body language - It is not only the words but the gestures of the individual speaks too. So, try to be more appealing when it comes to body language.

Watch your tone - Maintain the right tone in the right place.

6 0

4 years ago