Answer:
It will take 10 years to have $20,000 on investment of $10,000.
Explanation:
Annual Rate of return = r = 7%
Compounded Value / Future Value = FV = $20,000
Investment Value / Present Value = PV = $10,000
Use Future value formula to solve this question:
Future Value = Present Value x ( 1 + Number of Year )^Number of year
FV = PV x 
$20,000 = $10,000 x 
=
$2 = 
Log 2 = n log 1.07
0.30 = n x 0.03
n = 
n = 10.00
n = 10 year (rounded off to nearest year )
It will take 10 years to have $20,000 on investment of $10,000.
Answer:
Implementation of Idea (DO)
Explanation:
According to PDCA the first phase is the planning and the next one is doing that what we have planned. The third one is Check which means continuously monitoring the execution of the plan. And the last one is Act which means that the control must be emphasized on the execution to correct the discrepancies found.
The Company has completed the first phase and is recommended to complete the second one which is that the company must do whatever it has planned for the better future of company.
It is true because a country that imports a tariff on shoes buyers of shoes in that country don’t do well so the answer would be True
What is the scenario? You need that in order to answer.
Answer:
Direct material used= $420
Explanation:
Giving the following information:
Sales revenue= $4,000
Purchases of direct materials= $400
Direct labor= $450
Manufacturing overhead= $620
Operating expenses= $650
Beginning raw materials inventory= $200
Ending raw materials inventory= $180
Beginning work in process inventory= $320
Ending work in process inventory= $410
Beginning finished goods inventory= $250
Ending finished goods inventory= $200
Direct material used= ?
Direct material used= beginning inventory raw material + purchase - ending inventory raw material
Direct material used= 200 + 400 - 180= $420
