Answer:
Daily saving (NPV) is $33
Annual saving is $12,045
Explanation:
1.What is the NPV of accepting the lockbox agreement?
The total about to be deposited in bank lockbox per day = average receipt size * number of checks per day
= $135 * 7,300 = $985,500
The daily interest to be received = $985,500 * 0.016% = $158
Daily saving (NPV) = Interest received – lockbox fee = $158 - $125 = $33
2. What would the net annual savings be if the service were adopted?
Annual saving = daily saving * 356 days = $33 * 365 = $12,045
Answer:
Interest capitalized for 2021 was $ 36,000
Explanation:
In order to calculate the Interest capitalized for 2021 we would have to calculate first the Average accumulated expenditures for 2021 as follows:
Average accumulated expenditures for 2021 = ($200,000 * 12/12) + ($300,000 * 4/12) + ($300,000 * 0/12)
= $200,000 + $100,000 + 0
= $300,000
Therefore, to calculate the Interest capitalized for 2021 we would have to make the following calculation:
Interest capitalized for 2021 = [($200,000 * 12/12) + ($300,000 * 4/12) + ($300,000 * 0/12)] * 12%
= [$300,000] * 12%
= $36,000
Interest capitalized for 2021 was $ 36,000
Answer:
Inferior good.
Explanation:
Inferior goods are those that their demand decreases as the consumer's income increases. They are unlike normal goods that demand increases with increased income.
Inferior goods are usually purchased as a necessity due to low prices. The consumer did not have enough money to purchase what he would have preferred. As income rises the consumer goes for his preference.
In this instance as you graduate college and start earning higher you do not purchase pizzas anymore because to you they are inferior goods.
Answer:Examples include age, gender, income, nationality, ethnicity, religion, etc. These are usually the first targeting characteristics that brands utilize. That's because they are 1) relatively easy to obtain via third party data and 2) the primary way that brands purchase media inventory.
Explanation:
Answer:
250 hours.
Explanation:
Cost of course : $500
The extra income from the course is $2 per hour
to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.
Number of hours required = $500/2
=250 hours.