Answer: because their use does not meet business English standards.
Explanation:
In business letters, it is important to avoid the use of sarcasm, clichés, and idioms in business letters because their use does not meet business English standards.
A business letter should be professional and there should be an easy and effective communication as messages should be passed across and understood. The use of vague words, sarcasm and cliche should be avoided.
Answer:
Hence, $ 145548.77 should be invested in B today for it to be worth as much as investment A 9 years from now.
Explanation:
Future value of investment A
=2180*(((1+(8%/12))^(9*12)-1)/(8%/12))
=343196.39
How much money would you need to invest in B today
=343196.39/(1+10%)^9
=145548.77
Answer:
(d) Manufacturing Overhead $8,000 Raw Materials $8,000
Explanation:
This will be an spending associate with the actual overhead.
These materials are indirect, so it should go in the factory overhead account.
They are not associate with any job in particular, so it cannot be capitalize through work in process.
Answer:
0.63; rises
Explanation:
The computation of the price elasticity of demand using the mid point formula which is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded would be
= Q2 - Q1
= 650 units - 590 units
= 60 units
And, average of quantity demanded is
= (650 units + 590 units) ÷ 2
= 620 units
Change in price would be
= P2 - P1
= $1.75 - $1.50
= $0.25
And, average of price is
= ($1.75 + $1.50) ÷ 2
= 1.625
So, after solving this, the price elasticity is 0.63
Since the price of good X rises from $1.50 to $1.75, so the total revenue rises
Answer:
(B) Take any investment opportunity where the net present value (NPV) is not negative; turn down any opportunity when it is negative.
Explanation:
Net present value (NPV) simply differentiates between the present value of cash inflows and the present value of cash outflows.
And the rule is that a company should only invest or be engaged in any business that has a positive net present value and exclude themselves from businesses that have been negative net present value as this can increase the company's income.