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AysviL [449]
3 years ago
7

A hardware store will run an advertising campaign using radio and newspaper. every dollar spent on radio advertising will reach

60 people in the "under $30,000" market, and 40 people in the "over $30,000" market. every dollar spent on newspaper advertising will reach 80 people in the "under $30,000" market, and 20 people in the "over $30,000" market. if the store wants to reach at least 102,000 people in the "under $30,000" market and 120,000 people in the "over $30,000" market, how much should it spend on each type of advertising to minimize the cost?
Business
1 answer:
Sindrei [870]3 years ago
6 0
The answer would be 900k I thinkg
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Your father is about to retire, and he wants to buy an annuity that will provide him with $91,000 of income a year for 25 years,
Elena L [17]

Answer:

Present Value of Annuity is $1,263,487

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Annual payment = $91,000

r = rate of return = 5.15%

n = number of years = 25 years

PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]

PV of Annuity = $1,263,487

4 0
3 years ago
The right to go where you choose, the freedom of religion, and the freedom of choice are all examples of which type of citizens’
PilotLPTM [1.2K]
I think maybe B Im 90 percent sure
4 0
3 years ago
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Park Ridge Company is considering the replacement of a machine that is presently used in production. The following data are avai
Ainat [17]

Answer:

The Relevant Cost for Five Years     $52,000.00

Explanation:

‘Relevant costs’ can be defined as any cost relevant to a decision. A matter is relevant if there is a change in cash flow that is caused by the decision.

The Park Ridge Company's Relevant Old Machine Cost for Five Years is

Disposal value now                      $32,000.00  

Annual cash operating costs      $20,000.00

Relevant Cost for Five Years     $52,000.00

Old Machine

Original cost $200,000 is <em>Sunk Cost</em>

Useful life in years 10 5   - <em>Will be used for the calculation of Depreciation, Therefore is an Irrelevant cost</em>

Current age in years 5 0  - <em>irrelevant year</em>

Book value $100,000 -  <em>are not cash flows and so are not relevant. </em>

Disposal value now $32,000 -  

Disposal value in 5 years 0 <em>is without a cost</em>

4 0
2 years ago
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
tekilochka [14]

Answer:

The company paid $278,031

Explanation:

Giving the following information:

A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.

<u>To calculate the past value of the land, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= present value (20 years ago)

n= 20

FV= 575,000

i= 0.037

PV= 575,000 / (1.037^20)

PV= $278,031

3 0
2 years ago
What accounting method should hariette choose when she runs the profit and loss report?
Zinaida [17]

Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.

Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.

If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.

To learn more about accounting, click here.

brainly.com/question/13310721

#SPJ4

4 0
1 year ago
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