Answer:
11.057 years
Explanation:
For computing the number of years we need to apply the NPER formula i.e to be represented in the attachment below:
Given that,
Present value = $1,000 × 8% ÷ 7.55% = $1,059.60
Assuming Future value = $1,000
Rate of interest = 7.2%
PMT = $1,000 × 8% = $80
The formula is shown below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the number of years is 11.057 years
Answer:
B) increased by 5,000 units
Explanation:
For computing the inventory level, first we have to determine the fixed cost per unit which is shown below:
Fixed cost per unit = Total fixed cost ÷ number of units produced
=$60,000 ÷ 10,000
=$6
Now the inventory level would be
= (Net operating income using absorption costing - Net operating income using variable costing) ÷ (Fixed cost per unit)
= ($95,000 - $65,000) ÷ $6
= $30,000 ÷ $6
= 5,000 units increased
In relation to the resources required by the business financing division, the best answer is<u> e. </u><u>All </u><u>of these </u><u>resources </u><u>will be </u><u>required</u><u>.</u>
<u />
<h3>Roles of the Business Financing division</h3>
- To budget for the financing needs of the company.
- To record the financial transactions of the company.
To do the above, the business finance department will need information from all sections of the business as this would help the department plan for the costs involved in the company.
In conclusion, option e is correct.
Find out more about roles of financing departments at brainly.com/question/10129908.
Answer:
Comparative advantage
Explanation
Comparative advantage is a theory that refers to the ability to produce products at a lower opportunity costs than others. This concept means that if a country is better than other producing two products, specialization still can happen as the second country can produce one of the products better and it will specialize as it has a comparative advantage and like that each country focuses on what they can produce more efficiently.
Answer and Explanation:
B. The firm's registration and its representatives' registrations lapsed after December 31st of the preceding year