Answer:
<u><em>Procedure to pass new tax laws:</em></u>
1. First, a representative sponsors a bill.
2. The bill is then assigned to a committee for study.
3. If released by the committee, the bill is put on a calendar to be voted on, debated or amended
4. If the bill passes by simple majority (218 of 435), the bill moves to the Senate.
5. After Congress passes the bill,
6. it goes to the president, who can either sign it into law or veto it.
To maximize profits, a firm should continue to increase production of a good until marginal revenue is equal to marginal cost.
According to the cost-benefit analysis, a company should continue to increase production until marginal revenue is equal to marginal cost. A manager maximizes profit when the value of the last unit of product (marginal revenue) equals the cost of producing the last unit of production (marginal cost)
What Is Marginal Revenue?
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
What Is Marginal Cost?
In economics, the marginal cost is the change in total production cost that comes from making or producing one additional unit.
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The annual percentage rate is 11.19%.
Annual percentage rate is the yearly interest generated on the loan granted to borrowers or paid to investors.
.
- The formulae for APR is (Maturity Value / Net Proceed - 1) * (365 / Period of Note).,
<u>Given data</u>
Net Proceed = $63,159.72
Maturity Value = $68,000
Period of Note = 250 days
APR = ($68,000 / $63,159.72 - 1) * (365 / 250)
APR = 0.076636 * 1.46
APR = 0.1119
APR = 11.19%
Therefore, the annual percentage rate is 11.19%.
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Answer:
The answer is 27,408.71
Explanation:
Solution
Recall that:
You were left with a trust fund of =$100,00
Interest rate = 6.5%
Money with drawled = 4 installments
Now,
The step to take is to find you could withdraw currently at the start of each of the next 3 years with a zero account to end up with.
Now,
100, 00 = X (1 - (1.065)^-4/.065/1.065
We now solve for X
Thus
X =7,408.71
By applying or using a financial calculator
We arrange it to an annuity due setting - [2nd] [BGN] then [2nd] [Set] this will set it to mode "BGN"
So,
N = 4
I/Y = 6.5
PV = -100,000
FV = 0
CPT PMT
The payments are known to to be 27,408.71
Note : Kindly find an attached copy of the Financial calculator below
By its target market, Foot's shoes seen as : Heterogeneous shopping products.
The company's product has a unique product that differentiate the product with others.
This will make the product very hard to substitute