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3 years ago

What job did drivers perform on large southern plantations?

1 answer:

4 0

The occupation did drivers perform on vast southern ranches since they managed the work of slaves. On the off chance that slaves did not take after requests, they likewise rebuffed the slaves.

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A company uses 10000 pounds of materials for which it paid $2 a pound. The materials price variance was $5000 unfavorable. What

boyakko [2]

Answer:

$1.5 per pound

Explanation:

The computation of the material price variance is shown below:

Material price variance = Actual Quantity × Actual Price - Actual Quantity × Standard Price

$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price

$5,000 = $20,000 - 10,000 pounds × Standard price

So, the standard price would be

= $15,000 ÷ 10,000 pounds

= $1.5 per pound

7 0

3 years ago

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount S present at time t

liubo4ka [24]

Answer:

a) - r=5%: $S=$ 5,136.10$

- r=4%: $S=$ 4,885.61$

- r=3%: $S=$ 4,647.34$

b) - r=5%: t=14 years

- r=4%: t=17 years [/tex]

- r=3%: t=23 years [/tex]

c) The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

Explanation:

The rate of accumulation of money is

$dS/dt=rS$

To calculate the amount of money accumulted in a period, we have to rearrange and integrate:

$\int dS/S=\int rdt=r \int dt\\\\ln(S)=C*r*t\\\\S=C*e^{rt}$

When t=0, S=S₀ (the initial capital).

$S=S_0=Ce^{r*0}=Ce^0=C\\\\C=S_0$

Now we have the equation for the capital in function of time:

$S=S_0e^{rt}$

a) For an initial capital of $4000 and for a period of five years, the amount of capital accumulated for this interest rates is:

- r=5%: $S=4000e^{0.05*5}=4000*e^{0.25}= 5,136.10$

- r=4%: $S=4000e^{0.04*5}=4000*e^{0.20}= 4,885.61$

- r=3%: $S=4000e^{0.03*5}=4000*e^{0.15}= 4,647.34$

b) We can express this as

$S=S_0e^{rt}\\\\2S_0=S_0e^{rt}\\\\2=e^{rt}\\\\ln(2)=rt\\\\t=ln(2)/r$

- r=5%: $t=ln(2)/0.05=14$

- r=4%: $t=ln(2)/0.04=17$

- r=3%: $t=ln(2)/0.03= 23$

c) When the interest is compuonded quarterly, the anual period is divided by 4. In 5 years, there are 4*5=20 periods of capitalization. The annual rate r=0.0525 to calculate the interest is also divided by 4:

$S = 4000 (1+(1/4)(0.0525))^{5*4}=4000(1.013125)^{20}\\\\S=4000*1.297958= 5,191.83$

If compuonded continously, we have:

$S=S_0e^{rt}=4000*e^{0.0525*5}=4000*1.3= 5,200.71$

The amount obtained is

- Compuonded quarterly: $5,191.83

- Compuonded continously: $5,200.71

The latter is always greater, since the more often it is capitalized, the greater the effect of compound interest and the greater the capital that ends up accumulating.

5 0

3 years ago

according to the regulation of privileges and immunities between states, a citizen of texas who buys a product while visiting a

Stella [2.4K]

According to the regulation of privileges and immunities between states, a citizen of Texas buys a product while visiting a store in California and Pays the California sales tax.

Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.

A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).

Learn more about the product here

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7 0

1 year ago

A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9, 20

lutik1710 [3]

Answer:

February 9, merchandise purchased on account:

Dr Merchandise inventory 57,000

Cr Accounts payable 57,000

March 7, merchandise sold on account

Dr Accounts receivable 79,000

Cr Sales revenue 79,000

Dr Cost of goods sold 57,000

Cr Merchandise inventory 57,000

Explanation:

Since we are not told the date when the company pays for the purchased merchandise, we can assume any date of February to record the payment:

Dr Accounts payable 57,000

Cr Cash 57,000

The same for the collection of the sales account:

Dr Cash 79,000

Cr Accounts receivable 79,000

7 0

3 years ago

Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the mon

Artist 52 [7]

Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

7 0

3 years ago