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mr Goodwill [35]
3 years ago
15

You have just won ​$20,000 in the state​ lottery, which promises to pay you ​$1,000​ (tax free) every year for the next twenty y

ears. the interest rate is​ 5%. in​ reality, you receive the first payment of ​$1,000​ today, which is worth ​$
Business
1 answer:
Marta_Voda [28]3 years ago
7 0
The current value of the payment which is $1000 will be:
A=P(1+r/100)^-n
P=1000
r=5 %
n=1
A=1000(1+5/100)^-1
A=1000/1.05
A=$952.38
The first payments of $1000 is worth $952.38 today. The value of the second $1000 is worth:
A=1000(1+0.05)^-2=907.02 
today

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In coffee, cherry picking, the process of ________picking is the practice of harvesting only the ripe coffee cherries.
Finger [1]

Answer:

Selective

Explanation:

Selective picking involves making numerous passes over coffee trees, selecting only the ripe cherries, then returning to the tree several times over a few weeks to pick remaining cherries as they ripen.

8 0
3 years ago
Suppose there is a policy debate over whether the United States should impose trade restrictions on imported ball bearings:_____
vredina [299]

Answer:

A)Infant-industry argument

Explanation:

We are informed about a Supposed policy debate over whether the United States should impose trade restrictions on imported ball bearings. Whereby

Domestic producers of ball bearings send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of ball bearings.

In the case whereby, The lobbyist claims that the U.S. ball-bearing industry is new and cannot currently compete with foreign firms, the justifications the lobbyist was using to argue for the trade restriction on ball bearings is Infant-industry argument.

Infant-industry argument can be regarded as an economic rationale that provides protection for new industries that are yet to reach a certain economic scale like the existing industries, this theory offer protection to this new/developing industry from some form pressure as well as their products that can emerge from compitition from other mature industries.

5 0
4 years ago
Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)
fredd [130]

Answer: cake

Explanation:

Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution).

According to the Thrift segment's customers, the product that was the most competitive at the end of last year is Cake.

3 0
3 years ago
Canada’s economy is dominated by the private sector, though some enterprises (e.g., postal services, some electric utilities, an
Vera_Pavlovna [14]

Answer:

but in recent times has depended on government subsidies in order to compete with the highly subsidized agricultural sectors of the European Union (EU) and the United States.

Explanation:

It is important to note that Canada is one of the largest agricultural producers and exporters in the world.

Some examples of these subsidies includes:

1. AgriInvest Program

This program provides matching contributions to producers (private producers) who make annual deposits to an AgriInvest account, to help them manage risks or improve market income.

2. AgriInsurance Program

Provides farmers with insurance against natural hazards in order to minimize the financial implications of production losses.

7 0
3 years ago
How would the inventory cost change if labeling and packing were moved to the DC? Assuming the demands are independent of each o
umka2103 [35]

Answer:

Firstly packaging and labeling costs can be either be charged on variable overheads cost or on selling overheads costs( distribution and marketing cost).

Assuming they are charged on Selling overheads cost:

There are no figures to illustrate the change on inventory cost as a result of moving Labeling and packaging from selling overheads to Direct Costs ( DC) but indefinitely when there are new costs charged to the direct costs of inventory, inventory cost will increase by their exact costs.

If they are charged on Variable overheads then they are already part of inventory cost as is variable cost on Work in process therefore there wont be change in inventory cost just change in direct material.

Explanation:

6 0
3 years ago
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