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Colt1911 [192]
3 years ago
6

Sarah Gray wants to invest a certain sum of money at the end of each year for five years. The investment will earn 4% compounded

annually. At the end of five years, she will need a total of $45000 accumulated. How should she compute her required annual investment? g
Business
1 answer:
guajiro [1.7K]3 years ago
5 0

Answer:

How should she compute her required annual investment?

$ 36.987  

Explanation:

With the present value formula we can calculate how she has to invest today to get $45,000 at the end of the 5 years, with a compounded rate of 4%.

Principal Present Value  =  F /  (1 + r)^t  

In this case we have the future value and we need to find the present value that we have to invest to get the money expected.

Principal Present Value  =  45,000 /  (1 + 4%)^5 = $36,987  

If we invest today $36,987, with a compounded interest rate of 4% we get at the end of the period, 5 years, the total sum of $45,000.

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Materials used in product $125,700 Advertising expense $51,700 Depreciation on plant 63,400 Property taxes on plant 23,100 Prope
Elodia [21]

Answer:

cost of goods manufactured= $356,200

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Overhead:

Depreciation on plant 63,400

Property taxes on plant 23,100

Factory supplies used 31,700

Total overhead= $118,200

cost of goods manufactured= 13,800 + 125,700 + 116,100 + 118,200 - 17,600

cost of goods manufactured= $356,200

4 0
3 years ago
Weir inc.'s perpetual preferred stock sells for $97.50 per share, and it pays an $8.50 annual dividend. if the company were to s
ipn [44]

We can use the PV of perpetuity formula as the dividends will be paid for the infinite period of time. But we need to do a small adjustment for floatation cost. Following formula can be applied:

Cost of preferred stock = Annual Dividend / (Price x (1- flotation cost %))

= 8.50 / ( 97.50 x (1- 0.04))

= 8.50/93.60

= 9.08%

3 0
3 years ago
Some customers are __________, caring about new developments in their category and seeking out new products.
jeyben [28]

Answer:

Early adopters

Explanation:

Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

Therefore in the given situation, the early adopters should be chosen for the new developments in the products category

3 0
3 years ago
A demand curve that illustrates the law of demand​ ______. A. shows that the quantity demanded increases as the price rises B. h
Karolina [17]

Answer:

D. shows that the quantity demanded increases as the price falls

Explanation:

A Demand curve states the law of demand which depicts an inverse relation between price of a good and the quantity demanded of that good.

Quantity demanded of a good changes only when price of good changes with other factors affecting demand like income, tastes and preferences etc remaining constant.

Thus, when price falls, quantity demanded of a good rises i.e movement along the demand curve i.e downward movement. i.e D. shows that the quantity demanded increases as the price falls.

4 0
3 years ago
In the current external business environment, which of the following is true? a. The business environment is static. b. Corporat
liraira [26]

Answer:

e. Joint ventures are on the rise.

Explanation:

No external environment can be static as the the environment depends on so many factors, and it can never be controlled.

Corporate culture do not alone influence the success, of an organization, it again depends upon multiple factors.

Mergers are part of economy which goes on, the declining mergers might increase suddenly and then decline, it is again part of economy.

Companies only advertise when they are new or in loss or when they launch a new product with the highest exposure, else they do not focus, much once customers are aware of their products.

Joint ventures are on rise, that is because the companies find it easy to grow when they join hands.

3 0
2 years ago
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