Answer:
The answer is: the ordering cost will be $38
Explanation:
We have the formula for economic order quantity is:
EOQ = Square root of ( 2 x S x D / H)
in which: S ordering cost;
D: Quantity demand
H: carrying cost
For the law office to act at optimal level by ordering EOQ at 65 units a time, The ordering cost will be found be the equation:
65 = square root of ( 2 x S x 245 / 4.4) <=> 4,225 = (2 x S x 245) / 4.4 <=> 4,225 = 1225S/ 11 <=> S = $38
Thus, the ordering cost will be $38.
1 what will be produced?
2 how will it be produced?
3 how will the output society produces be distributed?
Answer:
Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>
<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.
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Answer:Long-term investments tie up money for More than one year.
One reason why individuals focus on long-term investments is to save for retirement.
A(n) 401(k) allows both employees and employers to contribute to a retirement plan.
Answer:
$1,774.2
Explanation:
Compute the accumulated amount in the account on the date of last deposit'
Formula used to find out the future value ordinary annuity is:
Future value factor of ordinary annuity 
1- oily Future value of ordinary annuity 
Where:
R = annual return (ordinary annuity)
= future value of an ordinary annuity of I for n periods at i interest
Substituting the values:
Future value of ordinary annuity
= 
=
