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Greeley [361]
3 years ago
11

Yoshino, Inc., a merchandising company, has the following budgeted figures:

Business
1 answer:
erik [133]3 years ago
5 0

Answer:

B

Explanation:

It is said that the required ending inventory for the month is $15000 and 20% of the next month's sales.

We are considering the month of march here, therefore the ending merchandise inventory is $15000- and 20% of April's sales.

Given:

April's sales = $91,000

Hence, 20% of April's sales = 0.2*91000 = $18200

Hence, ending merchandise inventory for March = 15000 + 18200 = $33,200

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Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
ipn [44]

Answer:

$1.78 per gallon of ethanol

Explanation:

The market price in which the conversion of ethanol becomes attractive is:

($3.75 + $1.60 / bushel of corn) / (3 gallons of ethanol / bushel of corn)

= $1.78 per gallon of ethanol.

7 0
3 years ago
During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What
Ierofanga [76]

Answer:

real HPR is 5.17 %

Explanation:

given data

nominal HPR = 83%

inflation rate = 74%

to find out

What was the real HPR on the bond over the year

solution

we find real interest rate r that is express as

r = \frac{R-i}{1+i}        .........................1

here R is nominal rate and i is inflation rate

so put here value

r = \frac{0.83-0.74}{1+0.74}

r = \frac{0.09}{1.74}

r = 0.05172

so real HPR is 5.17 %

3 0
3 years ago
An employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $2
PtichkaEL [24]

Answer:

There will be $92,635.42 in the account after 15 years.

Explanation:

Missing question <em>"The interest rate is fixed at 2.05%"</em>

As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.

The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]

P is the periodic payment

r is the rate per period

n is the number of periods.

P = 440, r = 2.05/1200 and n = 15*12 = 180.

F = (440*1200/2.05)[ (1+2.05/1200)180 -1]

F = (528000/2.05)*0.359664042

F = 92635.4215493

F = $92635.42

Thus, there will be $92,635.42 in the account after 15 years.

6 0
3 years ago
In the workplace leaders at every level in every department are important if the company is going to suceed. True or False
rusak2 [61]

Answer:true

Explanation:because they have to do there best for the people could see that he is working good

3 0
3 years ago
A manager must make a decision on shipping. There are two shippers, A and B. Both offer a two-day rate: A for $526 and B for $53
MrMuchimi

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

6 0
3 years ago
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