Answer:
$1,565
Explanation:
Enter the following inputs into financial calculator, we will have:
n = 3 years
Present value (PV): The amount that you should pay for the annuity. This is the missing value we need to calculate
Future value (FV): FV = 0, there is no future value of an annuity
PMT: The amount that annuity pays per year. ($850)
i/r = 5.5%: The interest you expect to receive from the annuity
PV = $1,484
Since the payment is made at the beginning of each year, you should multiply the PV amount by (1+0.055)
The final answer would be 1,484 x 1.055 = $1,565
The most you should pay is $1,565
Answer:
Total unitary manufacturing cost= $32
Explanation:
Giving the following information:
Direct materials $ 13
Direct labor $ 5
Variable manufacturing overhead $5
Fixed manufacturing overhead per year $90,000
Units produced= 10,000 units.
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 90,000/10,000= $9
Total unitary manufacturing cost= 13 + 5 + 5 + 9
Total unitary manufacturing cost= $32
Answer: Related diversification
Explanation:
The corporate-level strategy that T&P appear to follow is related diversification. Related Diversification is a situation that comes into place when there is an expansion or an addition of a company's existing production line.
In this scenario, we are informed that T&P is in the process of acquiring another company, its major music store rival ReBop Records. This will lead to an expansion of the production line of T&P.
Therefore, the corporate-level strategy that T&P appear to follow is Related diversification.
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Answer:
Balance the relationship between business and society.
Explanation:
Government regulates both society and business.
The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.
Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.
I hope my answer helps you.
