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Lera25 [3.4K]
4 years ago
8

A firm plans to make investments of $5,000 for the next 10 years, paying the amount at the end of each year. this form of paymen

t represents a(n) _____.​
Business
1 answer:
Alisiya [41]4 years ago
7 0
A firm plans to make investments of $5,000 for the next 10 years, paying the amount at the end of each year. this form of payment represents an ordinary annuity. The term ordinary annuity describes  situation in which <span>equal payments are made at the end of consecutive periods over a fixed length of time.
In our case the payment is equal, </span><span>$5,000, it is payed in consecutive periods (every year ) and over a fixed length of time (10 years).</span>
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Two manufacturing firms, located in cities 90 miles apart, both send their trucks four times a week to the other city full of ca
frutty [35]

Answer: $1,018

Explanation:

Cities are 90 miles apart so a roundtrip is 180 miles which means that the operating cost per trip is:

= 1.30 * 180

= $234

Total cost per trip = Divers cost + operating cost

= 275 + 234

= $509

Four trips are made per week so total cost is:

= 509 * 4

= $‭2,036‬

If each sent its truck twice a week and hauled the other firm's cargo on the return trip then savings would be:

= Cost of 4 trips - cost of 2 trips

= 2,036 - (509 * 2)

= $1,018

7 0
3 years ago
6) According to the misperceptions theory, when P &lt; Pe, output is ________ its full-employment level and the short-run aggreg
Sedbober [7]

Answer: C

Above, Upward

Explanation:

This theory states that when a seller sees the price of its products decline, it makes an erroneous assumption that their relative prices have also declined. Since output is already above full employment level, the short run curve must shift upward to account for changes in the price level leading to an upward-sloping aggregate-supply curve.

8 0
3 years ago
During soil testing, soil samples are obtained from
klemol [59]

Answer:

The answer is C.

Explanation:

Soil testing refers to the analysis of soil samples, in order to determine a number of things, which include nutrient availability, mineral composition, the organic matter present in the soil, etc. It is also a very important diagnostic tool for ascertaining the nutrient requirements of plants.

When carrying out soil testing on a particular site, samples are taken from different locations from the site, this includes different depths as well. This is done in order to give a general picture of what the soil on the site looks like.

3 0
3 years ago
An institution is a significant practice, relationship, or organization in a society. Institutions shape the environment in whic
Artemon [7]

Answer:

a. Private Property Rights

b. Political Stability and Rule of Law

c. Open and Competitive Market

d. Private Property Rights

Explanation:

a. By defining private property Rights and giving people a chance to own resources, Individuals will strive to own more and more of such rights and so will produce as much as they can so as to afford such rights.

b. When a nation is Politically stable and respects the Rule of Law, investment payoffs are easier to predict than in a country where instability can threaten to degrade investments such that the payoffs will be lost. For example, think of all the Western firms that lost money when the Shah of Iran was overthrown by the Ayatollah.

c. Specialization is more likely to occur in nations with Open and Competitive Market. An Open Market means that goods can come in from the outside easily. This will have the effect of the country being able to import goods that cost a lot to produce locally and instead focus on producing those goods that they are well adept at producing. This is Specialization. Also as a result of competition, companies will strive to find better ways to make profit above competitors and come up with more efficient ways of Production as a result.

d. The Xiaogang Agreement refers to an agreement by farmers in Xiaogang to subdivide their lands in secret so that they would each own a small part of it. As a result, the farmers had an incentive to produce for themselves as they now owned resources that they could benefit from. This right to Private Property led to a huge boom in Agriculture.

5 0
4 years ago
Current information for the Healey Company follows:Beginning raw materials inventory $15,200 Raw material purchases 60,000Ending
suter [353]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning raw materials inventory $15,200

Raw material purchases 60,000

Ending raw materials inventory 16,600

Total direct material used during the period= (15,200 + 60,000 - 16,600)= $58,600

Beginning work in process inventory 22,400

Ending work in process inventory 28,000

Direct labor 42,800

Total factory overhead 30,000

To calculate the cost of goods manufactured we need to use the following formula:

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

cost of goods manufactured= 22,400 + 58,600 + 42,800 + 30,000 - 28,000= $125,800

3 0
4 years ago
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