Answer:
a. Revenue = $23,660
b. Revenue = $40,837.50
Explanation:
a) Data and Calculations:
Minimum number of chairs to be sold under the deal = 260
Price at minimum number of chairs (260) = $91
Maximum number of chairs to be sold under the deal = 450
Discount offered for quantity above 260 = $0.25 per chair on the entire order
Price at maximum number (or just above 260 chairs) = $90.75 ($91 - $0.25)
Minimum revenue to be made under this deal = $23,660 (260 * $91)
Maximum revenue to be made under this deal = $40,837.50 (450 * $90.75)
Answer:
Ans. the rate of return of this invesment is 3.5278% annual.
Explanation:
Hi, what we need to do here is to find the future value of all six payments, beginning when the child turns 12, which will end when he turns 17. One year later (when the child turns 18) he will receive $25,000 per year, for the next 4 years. This is the equation that we need to use (and solve for "r").
Where:
A1=$14,000
A2=$25,000
So, everything should look like this
As you can see, this would take forever to solve, so what we have to do is to use MS Excel, we have to use the "Goal Seek" function. Please check the MS Excel spread sheet attached to this answer.
Please use this function with the following parameters.
Set Cell: G7
To Value: 0
By changing cell: G2
Ans. 3.5278%
Best of luck.
Answer:
Remain same
Explanation:
In this situation, China makes tablets and smartphones only. The equipment used to manufacture these two products is nearly the same, the same collection of tools is equally useful in manufacturing both smartphones and tablets. So there is the constant opportunity cost of both commodities.
Resources are similarly appropriate for the manufacturing of two varied goods at a constant opportunity cost.
Therefore, the opportunity costs for additional smartphone remains the same.
A text message . A text message is not formal , or professional .
Answer:
D) rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.
Explanation:
Two important factors must be considered:
- wages in western European nations are still much higher than those in eastern European nations
- workers that come from member countries of the European Union may travel freely and work in any country that they can and that belongs to the European Union.
As long as the wages in western European countries continue to be higher and European workers can establish themselves in those counties, the supply of workers will continue to flow from poorer eastern European countries to richer western European countries.
rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.
