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podryga [215]
3 years ago
7

You have purchased a new mattress for $2,000, and the store has given you a "12 months, same as cash" deal. this means that you

do not actually have to pay for the mattress for another year. one year from now you will have to give the store the full price of $2,000. if the annual interest rate is 10%, how much money do you need today to ensure that you will have $2,000 one year from today?
Business
1 answer:
egoroff_w [7]3 years ago
4 0
 the answer would be $2,000.00 because that is what your going to owe in a year you are getting one year interest free
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The following standard costs pertain to a component part manufactured by Bor Company: An outside supplier has offered to supply
vichka [17]

Answer:

$30

Explanation:

The computation of relevant unit cost to make the part internally is shown below:-

Relevant cost of making part = Direct material + Direct labor + Manufacturing overhead

= $4 + $10 + ($40 - (100% - $60%)

= $4 + $10 + ($40 - 40%)

= $4 + $10 + $16

= $30

So, for computing the relevant unit cost to make the part internally we simply applied the above formula.

5 0
4 years ago
An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable
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7 0
4 years ago
An investor is currently holding income bonds, preferred stocks, subordinated debentures, and u.s. treasury bonds. which of thes
Andreyy89

Answer: U.S Treasury bonds

One of the main risks of investing is the risk of not getting back the amount invested. This risk is called default risk.

Income bonds, preferred stocks and subordinated debentures have default risk since there is no guarantee by the issuing companies that they will repay the principal, and interest or preferred dividends, as the case may be.

However, if an investor holds a U.S treasury bonds until maturity, the government gives a guarantee on the interest payment and principal amount. Hence the U.S treasury bonds are traditionally considered to have the least risk.

However, even U.S. treasury bonds are sensitive to inflation and interest rates.

8 0
3 years ago
Hubert is a stay-at-home parent who lives in New York City and teaches tennis lessons for extra cash. At a wage of $35 per hour,
kkurt [141]

Answer and Explanation:

The computation of the midpoint elasticity is as follows;

Midpoint elasticity

= (Change in labor supplied ÷ Average labor supplied) ÷ (Change in wage rate ÷ Average wage rate)

= [(8 - 4) ÷ (8 + 4) ÷ 2] ÷ [$($45 - $35) ÷ $($45 + $35) ÷ 2]

= [4 ÷  (12 ÷ 2)] / [$10 ÷ ($80 ÷ 2)]

= (4 ÷ 6)  ÷ ($10 / $40)

= 0.67 ÷ 0.25

= 2.68

As the elasticity is more than 1 so the supply of labor should be elastic

4 0
3 years ago
The strategy in which a company sells its exports to another country at a lower price than it sells the same product in its dome
Step2247 [10]

Answer:

Dumping

Explanation:

Dumping is protectionist strategy in which a company sells its exports to another country at a lower price than it sells the same product in its domestic market. Dumping is usually associated with a substantial volume of export of a product, it often endangers the financial viability of the product's manufacturer or producer in the importing nation.

6 0
3 years ago
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