Answer
The classification is shown below:
Explanation:
The saving refers to the amount i.e above its consumption expenditure let us take an example if an individual salary is $100,000 and its expenditure assumes $50,000 then it saves $50,000 so the $50,000 is the savings. While the investment is the amount that is spent to buy some assets in terms of building, machinery, home, etc.
So the classification is presented below:
a. Kyoko borrows money to build a new lab for her engineering firm. = Investment
b. Rina purchases stock in Nano Speck, a biotech firm. = saving
c. Musashi takes out a mortgage for a new home in Detroit. = investment
d.Jacques purchases a corporate bond issued by a car company. = saving
ok what’s the question tho
Answer:
3 years
Explanation:
The computation of the time period is shown below
Present value of annuity = Annuity × [1 - (1 + interest rate)^-time period] ÷ rate
$2,000 = $734.42 × [1 - (1.05)^-n] ÷ 0.05
$2,000 = $14,688.4 × [1-(1.05)^-n]
1-(1.05)^-n = ($2000 ÷ $14,688.4)
(1.05)^-n = 1 - ($2000 ÷ $14,688.4)
( 1 ÷ 1.05)^n = 0.86383813
Now take the log to the both sides
n × log(1 ÷ 1.05) = log0.86383813
n = log0.86383813 ÷ log (1 ÷ 1.05)
= 3 years
Answer:
Answer D.
Explanation:
Job specialization is needed when we want to be sure that specific job is performed by the person who have desired skills. In large organization its needed to structure teams, to assign tasks to people with right skills, to deliver work in efficient way.
Answer:
The computations are shown below:
Explanation:
a. The computation of the economic order quantity is shown below:
= 229 units
The carrying cost is come from
= $2.40 × 20%
b. Time between placement of orders is
= Economic order quantity ÷Annual demand
= 229 ÷ 280
= 0.8179 years
So,
= 0.8179 × 365 days
= 298.53 days
We assume 365 days in a year
c. The average annual cost of ordering cost and carrying cost equals to
= Holding cost + ordering cost
= (Economic order quantity ÷ 2 × Holding cost) + (Annual demand ÷ Economic order quantity × ordering cost)
= (229 units ÷ 2 × $0.48) + (280 ÷ 229 units × $45)
= $54.96 + $55.02
= $109.98
d)
Now the reorder level is
= Demand × lead time + safety stock
where, Demand equal to
= Expected demand ÷ total number of weeks in a year
= 280 pounds ÷ 52 weeks
= 5.38461
So, the reorder point would be
= 5.38461 × 3 + $0
= 16.15 pounds
