Answer:
n= 39.49 years
Explanation:
Giving the following information:
Present value (PV)= $2,600
Future value (FV)= $4,375
Interest rate (i)= 0.33/100= 0.0033
<u>To calculate the number of years, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(4,375/2,600) / ln(1.0033)
n= 157.96/4
n= 39.49 years
Answer:
Product Mix
Explanation:
Product Mix is defined as the combination of products produced to increase the market share of the company and ultimately the profits for a company. The Procter and Gamble (P&G) Company produces many different products including deodorants, cookies, shampoo, cake mix, disposable diapers, laundry detergents, bar soaps and many other types of products to increase the market share of the company.
An assembly line is an example of mass production
Answer:
Explanation:
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Question
Cash flows during the first year of operations for the Harman-Kardon Consulting Company were as follows: Cash collected from customers, $325,000; Cash paid for rent, $37,000; Cash paid to employees for services rendered during the year, $117,000; Cash paid for utilities, $47,000. In addition, you determine that customers owed the company $57,000 at the end of the year and no bad debts were anticipated. Also, the company owed the gas and electric company $1,700 at year-end, and the rent payment was for a two-year period. Calculate accrual net income for the year.
Answer:
The question is incomplete
Choose one correct answer from the following;
a.the demand for trees is inelastic.
b. total revenue to tree producers rose this year.
c. consumers bought the same number of Christmas trees this year as last year.
d.the price of the Christmas trees stayed the same.
e.the demand for trees is unit elastic.
The answer is e.the demand for trees is unit elastic.
Explanation:
Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2
