Answer:
(a) $50,980.35
(b) $5,129.90
(c) $2,400
(d) $50,980.35
(e) $5,129.90
(f) $2,400
Explanation:
A constant payment for a specified period is called annuity. The future value of the annuity can be calculated using a required rate of return.
Formula for Future value of annuity is
F = P * ([1 + I]^N - 1 )/I
P =Payment amount
I = interest rate
N = Number of periods
(a) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(b) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(c) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
(d) $1,000 per year for 16 years at 14%
F = $1,000 x ([1 + 14%]^16 - 1 )/14%
F = $50,980.35
(e) $500 per year for 8 years at 7%
F = $500 x ([1 + 7%]^8 - 1 )/7%
F = $5,129.90
(f) $600 per year for 4 years at 0%.
F = $600 x 4
F = $2,400
In the long run, most economists agree that a permanent increase in government spending leads to <u>complete</u>.
Fiscal policy refers to the use of government spending and revenue collection (taxes or tax cuts) to affect a nation's economy. The 1930s Great Depression made the prior laissez-faire approach to economic management impractical, which led to the development of the use of government revenue expenditures to affect macroeconomic variables.
The British economist John Maynard Keynes' Keynesian economics, which postulated that changes in the amount of government spending and taxation have an impact on aggregate demand and the level of economic activity, serve as the foundation for fiscal policy.
A nation's government and central bank primarily employ fiscal and monetary policy to further its economic goals. These authorities can target inflation thanks to the combination of these strategies.
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When an investor performs an investigation while considering the acquisition of a property, this is referred to as Due diligence.
<h3>what is
Due diligence?</h3>
The systematic analysis and reduction of risk associated with a business or investment decision are known as due diligence.
Any stock can be thoroughly investigated by an individual investor utilizing easily accessible public information.
Numerous additional investment types can be made using the same due diligence method.
A company's financials are examined, compared over time, and benchmarked against rivals as part of due diligence.
Numerous other situations call for due diligence, such as checking a prospective employee's background or reviewing customer feedback.
In order to lower risk exposure, due diligence is primarily used. The procedure makes sure that each party understands the specifics of a transaction before agreeing to it.
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Answer:
Difference: 20,170
<u>The actual total Cost of good sold </u>is 20,170 dollars higher than budgeted COGS
<u>At unit level,</u> is 3.69 higher.
Explanation:
<u></u>
<u>Budget COGS</u>
12.43 + 8.46 + 14.29 = 35.18
Budgeted sales units x COGS
16,000 x 35.18 = 562,880
<u>Actual COGS</u>
16.12 + 8.46 + 14.29 = 38.87
Actual sales x COGS per unit
15,000 x 38.87 = 583,050
Units difference: 38.87 - 35.18 = 3.69
Total Difference: 583,050 - 562,880 = 20,170
