When supply and demand meet at the equilibrium point, prices in the market will:___________

A bonus package pays an employee $800 at the end of the first year, $1800 at the end of the second year, $2800 at the end of the

makvit [3.9K]

Answer:

The present value for this bonus is $30,018.13

Explanation:

pv n i FV

754.72 1 6% 800

1601.99 2 1800

2350.93 3 2800

3009.96 4 3800

3586.84 5 4800

4088.77 6 5800

4522.39 7 6800

4893.82 8 7800

5208.71 9 8800

30018.13

5 0

3 years ago

Read 2 more answers

Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $5

arlik [135]

Answer:

The financial advantage of processing further = $17,800

Explanation:

1. Sale value if processed further = 8,300 x 13 = $107,900

Sale value if processed further = 8,300 x 10 = $83,000

Incremental revenue = Sale value if processed further - Sale value if processed further = $107,900 - $83,000

Incremental revenue = $24,900

Cost of further processing = $7,100

Incremental profit (loss) = Incremental revenue - Cost of further processing

Incremental profit (loss) = $24,900 - $7,100 = $17,800

Therefore, the financial advantage of processing further = $17,800

3 0

4 years ago

Department E had 4,000 units in Work in Process, that were 40% completed at the beginning of the period, at a cost of $12,500. 1

garri49 [273]

Answer:

Total equivalent units= 17,250 units

Explanation:

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required to a complete a set of work is done in the period under consideration.So there is no separation of the completed units into opening inventory and fully worked.

Equivalent units = Degree of completion× units of inventory

Item units Equivalent unit

Completed 15,000 100%× 15,000 = 15,000

Closing inventory 3,000 75%× 3,000 = 2,250

Total equivalent units 17,250

Total equivalent units= 17,250 units

5 0

3 years ago

Look at the following data: durable goods = $200 billion; nondurable goods = $350 billion; services = $600 billion; fixed invest

Jet001 [13]

Answer:

The answer is $1,701 billion

Explanation:

Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.

GDP = C + I + G + (X - M)

where C - expenditure by households or consumers

I - investments by businesses or firms

G - expenditure from the government

X - exports from the country

M - imports into the country

Total consumers' expenditure is:

durable goods = $200 billion;

nondurable goods = $350 billion; services = $600 billion

Total. $1,150 billion

Total business investment is $200billion

Therefore, GDP is

$1,150 + $200 + $400 + ($30 - $79)

=$1750 - $49

= $1,701 billion

6 0

3 years ago

Inflation is running at 1.2% per year when you deposit $11,000 in an account earning 6% compounded monthly. In constant dollars,

nordsb [41]

Answer:

$13,316.54

Explanation:

Data provided in the question:

Inflation rate, i = 1.2% = 0.012

Deposits = $11,000

Interest rate, r = 6% = 0.06

Time, t = 4 years

since compounded monthly, number of periods n = 12

Now,

Future value of money with the interest

= Deposits × $[1+ \frac{r}{n}]^{n.t}$

= $11,000 × $[1+ \frac{0.06}{12}]^{12\times4}$

= $13,975.38

Considering the inflation,

Amount after 4 years = Future value × [1 - i ]ⁿ

= $13,975.38 × [1 - 0.012]⁴

= $13,316.54

5 0

3 years ago

When supply and demand meet at the equilibrium point, prices in the market will:____________.