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Greeley [361]
3 years ago
12

When you retire you expect to live for another 30 years. During those 30 years you want to be able to withdraw $4,000 at the beg

inning of every month for living expenses. How much money do you have to have in your retirement account to make this happen
Business
1 answer:
lions [1.4K]3 years ago
3 0
You would need $1,440,000
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As a manager for your company some of your responsibilities include measuring metrics and overseeing company strategies. You obs
Ilya [14]

Answer:

The primary reason for the large increase in productivity would be the management factor.

Explanation

An important factor that affects the productivity in a company is the management that can have a great influence as good managers that are competent, make a good use of the resources, implement good strategies and develop good relationships with employees generating a good working environment help increase the productivity. According to the question, this is the main reason that can be inferred.

8 0
3 years ago
The Best Company is reviewing two options for replacing a piece of machinery. The first machine costs $100,230 and has a four-ye
andriy [413]

Answer:

Equivalent annual cost method

Explanation:

Equivalent annual cost method is a method used to choose between two projects with an unequal life span

The decision rule is to choose the product with the higher Equivalent annual cost

Equivalent annual cost method is better for making this decision because if net present value is used, the project with the higher useful life would be chosen. this does not mean it is more profitable

6 0
3 years ago
Cost Behavior Prepare income statement in two formats Farnsworth Drycleaners has capacity to clean up to 7,500 garments per mont
Lemur [1.5K]

Answer:

(1)

Fees revenues 42,600

Total expenses 1.92 x 4260  = 8179.2

<em>Net income 34,420.8</em>

<em>(2)</em>

Fees revenues 42,600

Variable cost  2,982

Contribution Margin 39,618

Fixed Cost 14,400

Net Income 25,218

Explanation:

(1)

We multiply by the garment cleaned

10 x 4,260 = 42,600

0.7 x 4,260 = 2982

and distribute the fixed cost among the normal capacity

14,400 / 7,500 = 1.92 fixed cost per garment cleaned

.7 + 1.92 = 2.62 cost per garment

(2)

We do not include the fixed cost in the unit cost, we subtact them completely as an expense.

8 0
3 years ago
In nations undergoing economic devolpment the levels of politicals internationalizing firms must deal with trends to be greater
Likurg_2 [28]

Here is the correct question:

In nations undergoing economic development the levels of political internationalizing firms must deal with trends to be greater than it is in countries that are already significantly industrialized.

True or False

Answer:

TRUE

Explanation:

In nations undergoing economic development, there is a strong relationship between politics and economic development; hence, the level of political internationalizing firms must deals with trends greater than it is in industrialized economies.

7 0
3 years ago
________ is the task of developing and maintaining an overall company strategy for long-run survival and growth. short-term plan
mr Goodwill [35]
Strategic planning is the task of developing and maintaining an overall company strategy for long-run survival and growth. 

In business, strategic planning is a vital step to succeed long-term. The steps involved in strategic planning define the companies overall goal/mission, direction for the company and how they are going to get there. 
8 0
3 years ago
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