Answer: $2750
Explanation:
The original budget was $50,000 for the month, $20,000 has been spent already after which there was a revision of the monthly budget to $75,000.
Since $20000 has been spent, the remaining budget will be:
= $75000 - $20000
= $55000
Also, the money was spent for 11 days, therefore the number of days remaining will be:
= 31 - 11
= 20 days.
Therefore, the new daily budget for the month will be:
= $55,000 / 20 days
= $2,750
Answer: I must invest <u>$85424.14</u> today in order to buy a Ferrari nine years from now on the day I turn 30.
We have
Price of the Ferrari nine years from now (Future Value - FV) $215000
Expected Rate of return on the mutual fund (r) 10.8%
Time until I turn 30 (n) 9 years
We can calculate the Present Value (PV) or the money to be invested today as
The false statement about cover letters from the list of options is C. A cover letter is sent before a résumé so that the employer knows it is coming.
<h3>What is a Cover Letter?</h3>
This refers to the one-page document that a job seeker submits with his resume or CV that serves as an introduction.
Hence, we can see that based on the fact that cover letters are used by job seekers to make an introduction of themselves, we can see that sending it before a resume is false.
Read more about cover letters here:
brainly.com/question/3602860
#SPJ1
Answer:
average annual transportation inventory for each alternative are 16.4383 , 5.4794, 27.3972
Explanation:
Given data
Annual demand A = 2000 flower
transit time t1 = 3 days
transit time t2 = 1 day
transit time t3 = 5 days
to find out
What is the average annual transportation inventory for each alternative
solution
we will apply here average annual transportation inventory formula that is
average annual transportation inventory = t × A / 365
put the value t1 , t2 and t3 for annual demand 2000
so
average annual transportation inventory = t × A / 365
average annual transportation inventory = 3 × 2000 / 365 = 16.4383
and
average annual transportation inventory = t × A / 365
average annual transportation inventory = 1 × 2000 / 365 = 5.4794
and
average annual transportation inventory = t × A / 365
average annual transportation inventory = 5 × 2000/ 365 = 27.3972
