Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.
Answer:
mc=mr
Explanation:
This is because in economics, the profit maximization rule is represented as MC = MR, where MC stands for marginal costs, and MR stands for marginal revenue. Companies are best able to maximize their profits when marginal costs -- the change in costs caused by making a new item are equal to marginal revenues............................
Answer:
Equivalent units of work done to date
a. Direct Conversion = 556 unit
b. Materials Costs = 514 unit
Explanation:
Note: Attached is the full question for better understanding
Equivalent units
Physical Direct Conversion
units materials costs
Work in Process beginning 90
Started during current period <u> 515</u>
To account for 605
Completed and transferred 465 465 465
out during current period
Work in Process,ending <u> 140 </u> <u>91</u> <u> 49
</u>
Accounted for <u>605</u>
Equivalent units of work done to date <u>556</u> <u>514</u>
<u>Workings</u>
Work in Process,ending:
Direct materials = 140*65% = 91
Conversion costs = 140*35% = 49
Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
<h3>What is a recession?</h3>
This is the economic term that is used to tell us that a particular nation is experiencing an economic downturn. During the period of recessions, the trades and the economic activities that are in a nation would also have to fall.
Hence we can say that Economies go through business cycles. if the economy has a decline in GDP for two consecutive quarters, fresher than fresh would be operating in a recession.
Read more on recession here: brainly.com/question/1417711
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Answer: B. Metes and Bounds System
Explanation: The metes and bounds system is an old system of land surveying practiced many centuries ago whereby land boundaries are determined using features such as flowers, trees, river, roads, pole etc. It was a system used before the advent of modern surveying instruments.
•Metes refers to determining boundary by measuring straight run between two points.
•Bounds is the use of features such as rocks, water course, etc to define boundary, this is used for large portion of property such as political boundaries between two towns.