Answer:
It is more profitable to receive $23,750 today than $25,000 in one year.
Explanation:
Giving the following information:
Future Value= $25,000
Present Value= $23,750
Risk-free interest rate= 6%
<u>We need to calculate the future value of $23,750. If it is higher, it is more convenient to receive $23,750 today.</u>
FV= PV*(1+i)^n
FV= 23,750*(1.06^1)
FV= $25,175
It is more profitable to receive $23,750 today than $25,000 in one year.
The function that serves as an intermediary between an organization shipping a product and the actual carrier is Customer Broker.
<h3>
What is Custom brokers?</h3>
- Custom brokers , also known as customs house brokers, are roles that may be held by or linked to customs brokerage firms, independent companies, shipping lines, importers, exporters, independent businesses, and freight forwarders.
- Those who hold a license as a customs broker are not considered to be "customs officials" by the government (in other countries the two terms may be interchangeable). The tariff schedule, a list of duty rates for imported goods, CATAIR, the legal and administrative requirements controlling importations, and other trade-related issues must all be known to customs brokers.
- For instance, a customs broker can be required to inform an importer of the country-specific marking requirements or complete the paperwork for a consignment of clothes that is subject to quotas and visa restrictions.
- It is possible to prevent delays, item seizures, and fines and penalties that may be imposed against the importer and/or broker by being aware of the criteria for each type of import.
To know more about Customer Broker with the given link
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Answer:
19.82%
Explanation:
Midpoint method = Q2 - Q1 / [(Q2 + Q1) / 2] / P2 - P1 / [(P2+P1) / 2]
3.33 = 2000 - 1000 / [(2000 + 1000) / 2] / P2 - P1 / [(P2+P1)/2]
3.33 = 0.66 / (P2 - P1) / [(P2+P1)/2]
By cross multiplying we have
0.66 = 3.33 [ (P2 - P1) / [(P2+P1)/2]
divide both sides by 3.33
19.82% = The mid point change in price.
Answer: 1) CM / Sales = CM Ratio
CM = 306,000 - 238,680 = 67,320
CM Ratio = 67,320 / 306,000 = 0.22
2) CM Ratio x 2,500 = 550
Explanation:
Answer:
COGS= $2,129,700
Explanation:
Giving the following information:
Finished goods inventory:
Beginning= $190,000
Ending= $150,000
Cost of goods manufactured= $2,089,700
The cost of goods sold is calculated using the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 190,000 + 2,089,700 - 150,000
COGS= $2,129,700