1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
4 years ago
15

Computing future living expenses. a family spends $48,000 a year for living expenses. if prices increase by 2 percent a year for

the next three years, what amount will the family need for their living expenses after three years?
Business
1 answer:
Sonbull [250]4 years ago
7 0
The answer is "$50,928".

<span>family spends yearly for living expenses = $48,000
</span><span>prices increase by 2 percent a year for the next three years
</span>So, future value = (1+0.02)³
=1.061
<span>amount family need for their living expenses after three years = </span>$48,000 x 1.061 = $50,928 
You might be interested in
After demonstrating good mastery of technical skills, Suri was promoted to manager. She now manages the very team of engineers t
kolezko [41]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

Human Skills based on the behavior of control and coordinate with other human capital, to increase the performance of a firm.

A wise manager has must hold human management skills, by these skills management can use human capital with his full potential and get better results for organizations' performance.

In this situation, Suri used his technical skills as well as his management skill to give enthusiasm to other workers.

7 0
3 years ago
On January 1, 20X9, Pitcher Corporation purchased 100 percent of Softball's stock. All tangible assets had a remaining economic
mina [271]

Answer:

The question is not complete,find attached complete question in word document.

Find all the journal entries in the attached spreadsheet

Explanation:

Please note the following points:

The goodwill is the excess of purchase consideration of $ 476,500.00  over the net assets of Softball acquired,that is $ 318,000.00  

The net assets is total assets acquired of $374,000 minus the liabilities taken over of $56000

Equity method income is the difference between Softball's net income reported and the dividends paid

Download docx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
5 0
4 years ago
Taylor and Weber agreed on hiring the right worker for the job. Employee selection and promotion should be based on experience,
andrew-mc [135]

Answer:

a the formal selection process rule

Explanation:

its a formal selection that is used for everybody

6 0
4 years ago
2. Manufacturers response to currency appreciation From 1996 to 2002, the U.S. dollar appreciated by 22% on average against the
xeze [42]

Answer: a. Cheaper

b. Shift production from commodity-type goods to high-value products.;

Begin importing foreign-made parts

Explanation:

1. Japanese products became 22% <u>cheaper</u> than U.S. products.

The US Dollar became 22% stronger than the Japanese Yen meaning that the US Dollar can now buy 22% more Yen than before. If a good is priced in Yen then this means that the USD can buy 22% more of that good than before meaning that the good is 22% cheaper now.

2. Commodity goods are essentially raw or semi processed foods. Because the USD has become stronger, importing these goods instead of producing them would reduce the cost of production if they were to start processing said goods and making them High Value products so this is what they should do.

The USD is now stronger against major trading Partners. Like earlier mentioned, this means that the USD can buy 22% more goods as a result. Companies should therefore import parts that they need because they'll be able to buy 22% more of those parts thereby reducing their cost of Production.

4 0
4 years ago
The Chinese culture is a tight social framework in which people take care of the members of a broader in group and act loyal to
aniked [119]
B. Uncertainty avoidance
8 0
3 years ago
Other questions:
  • If a consumer receives information that is inconsistent with her or his beliefs, the consumer may alter this information. This p
    13·1 answer
  • Landon jewelers uses the perpetual inventory system. on april​ 2, landon sold merchandise with a cost of​ $2,500 for​ $7,000 to
    7·1 answer
  • As an upper-level manager for IBM, Danny is one of many people responsible for allocating organizational resources in order to a
    10·1 answer
  • Stock Y has a beta of 1.40 and an expected return of 14.8 percent. Stock Z has a beta of .85 and an expected return of 11.3 perc
    10·1 answer
  • Motor Vehicle Assembly Corporation operates a plant near the border between the United States and Mexico. Due to the location, i
    12·1 answer
  • The capital accounts of Hawk and Martin have balances of $160,000 and $140,000, respectively, on January 1, the beginning of the
    7·1 answer
  • When adjusting accrual earnings to obtain cash flows from operations, A. an increase in Accounts Payable is added to determine c
    11·1 answer
  • For each separate case below, follow the 3-step process for adjusting the accrued expense account: Step 1: Determine what the cu
    13·1 answer
  • Granville Transportation, a designer and manufacturer of self-driving buses and streetcars, is working on developing the next ge
    10·1 answer
  • Frank is the fresh produce supplier to Green Valley, an upscale restaurant. He provides the restaurant with imported meat for wh
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!