Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $1,000
Number of periods (n)= 1 year
interest rate (i)= 0.02
Withdrawal cost= $20
<u>First, we will determine the future value (FV) of the investment:</u>
FV= PV*(1 + i)^n
FV= 1,000*(1.02^1)
FV= $1,020
<u>Now, how much is left for Bart:</u>
<u></u>
Net amount= 1,020 - 20
Net amount= $1,000
Answer:
$2,050,000
Explanation:
The computation of the initial cash flow for this project is shown below:
= Market value of the lot + estimated cost of the building
= $800,000 + $1,250,000
= $2,050,000
We simply added the market value of the lot and the estimated cost of the building so that the initial cash flow for this project could come
Answer:
6.47%
Explanation:
The computation of effective annual yield is shown below:-
Annual YTM = 6.37%
Semiannual YTM = 6.37% ÷ 2
= 3.185%
Effective Annual Yield = (1 + Semiannual YTM)^2 - 1
= (1 + 0.03185)^2 - 1
= 1.03185^2 - 1
= 1.0647 - 1
= 0.0647
or
= 6.47%
Hence, the effective annual yield is 6.47% i.e come after applying the above formula
Answer:
Results are below.
Explanation:
<u>To calculate the production budget for January, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
January:
Production= 10,000 + (12,000*0.2)
Production= 12,400 units
February:
Production= 12,000 + 13,000*0.2 - (12,000*0.2)
Production= 12,200
<u>Now, the raw material budget:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 12,400*4 + (12,200*4)*0.4
Purchases= 69,120 pounds
Total cost= 69,120*2= $138,240
Answer:
D. The entity CUSTOMER with the attribute ADDRESS
Explanation:
in business, an entity can be defined as any subjects or objects that involved in the business operation.
and attributes is the characteristics that differentiate one entity from another.
Customers are considered as entity because become the target of company's operation. Often times, <u>companies differentiate their customers based on their address </u>in order to figure out the popularity of their product based on each geographical location.
