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NNADVOKAT [17]
3 years ago
6

You have decided that you want to be a millionaire when you retire in 45 years.

Business
1 answer:
fiasKO [112]3 years ago
4 0

Answer and Explanation:

The computation is shown below:

We use the formula that is given below:

Invested amount = $1,000,000 present value

Present value = 1 ÷ (1 + rate of interest)^number of years

a.

The amount invested is

= $1,000,000 ÷ (1.1104)^45

= $8,983.07

b,

The amount invested is

= $1,000,000 ÷ (1.0552)^45

= $89,111.71

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A country that believes an imported product is being sold in its market for a price lower than the cost of production for the pr
Marina CMI [18]

Answer:

Antidumping duty

Explanation:

Dumping occurs when manufacturers decides to export products to other countries at prices below their cost of production. This is what is happened in this scenario. In trying to combat dumping, the importing country may impose antidumping duty.

Now antidumping duty involves putting a tariff on imported goods that are believed to be sold at prices lower than production cost. By increasing their tariffs, it is expected that the exporters in turn increases the prices of the goods they are exporting.

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4 years ago
What is considered a liability in finance and why is it being used?
garri49 [273]

A liability is something a person or company owes, usually a sum of money. ... In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date

8 0
3 years ago
Read 2 more answers
Second-Stage Allocation [LO7-4]
Lemur [1.5K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Activity cost pools:

Direct labor $ 10 per direct labor-hour

Machine processing $ 3 per machine-hour

Machine setups $ 45 per setup

Production orders $ 150 per order

Shipments $ 115 per shipment

Product sustaining $ 750 per product Activity

Total Expected Activity K425:

Number of units produced per year 200

Direct labor-hours 1,075

Machine-hours 2,400

Machine setups 13

Production orders 13

Shipments 26

Product sustaining 1

Total Expected Activity M67:

Number of units produced per year 2,000

Direct labor-hours 50

Machine-hours 40

Machine setups  1

Production orders 1

Shipments 1

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH K425= 1,075*10 + 3*2,400 + 45*13 + 150*13 + 115*26 + 750= $24,225

Allocate MOH M67= 10*50 + 3*40 + 45*1 + 150*1 + 115*1= $930

7 0
3 years ago
The people who come into our stores are friendly and value this community. You have helped develop this positive attitude throug
masya89 [10]

Answer:

The answer is False.

Explanation:

Refusing routine requests is a message strategy used by businesses to respond to issues that they do not plan to resolve.

Sometimes, this messages are automated such that when such routine request are sent in by a customer, the system responds back with an already encoded message that does not promise to reply the query.

This response is usually courteous and laced with positive language in order to help assuage the customers grief.

The case is different here because there is a promise to respond when Becky Chen added "I will contact you next week regarding the date and time of our next grand opening ceremony".

8 0
3 years ago
Kurt, who is a divisional manager, continually brags that his division’s required return for its projects is 1 percent lower tha
Viefleur [7K]

Answer:

D. Kurt’s division is less risky than the other divisions.

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Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.

3 0
3 years ago
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