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igomit [66]
3 years ago
5

Kevin Morales invests $14,963.72 now for a series of $2,200 annual returns beginning one year from now. Kevin will earn a return

of 6% on the initial investment. How many annual payments of $2,200 will Kevin receive?
Business
1 answer:
4vir4ik [10]3 years ago
7 0

Answer:

Answer= 9 years

Explanation:

Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

14,963.72=2200[1-(1.06)^-n]0.06

14,963.72=36,666.67[1-(1.06)^-n]

1-(1.06)^-n=(14,963.72/36,666.67)

(1.06)^-n=1-(14,963.72/36,666.67)

(1/1.06)^n=0.591898545

Taking log on both sides;

n*log (1/1.06)=log 0.591898545

Hence n=log0.591898545/log (1/1.06)

=9 years.

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"Our teams in different countries have learned a great deal, so I am putting together an international team to study and share t
RUDIKE [14]

Answer:

(C). Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.

Explanation:

In putting together an international team of people from different cultures, <u>it is important to note that the various national cultures with which they have been interacting for some time will have shaped how they communicate</u> and view situations.

<em>Some cultures value group work, togetherness and sharing ideas over other cultures which prefer individualism.</em>

Therefore as the group leader or manager, it is important to recognize the cultural characteristics of each group member, and encourage them to socialize and share useful information with the group.

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3 years ago
In the context of contemporary approaches to management, the _____ theory was developed in the early 1950s by researchers from t
faltersainse [42]
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
8 0
3 years ago
A portfolio consists of $15,200 in Stock M and $23,400 invested in Stock N. The expected return on these stocks is 8.90 percent
bonufazy [111]

Answer:

Portfolio return = 11.08%

Explanation:

<em>The expected return on the portfolio is the weighted average return of all the different stocks making up the portfolio. The weight of the individual stock would be the relative amount invested in each stock as a proportion of the total fund invested.</em>

The expected return can be determined as follows

Weighted of stock A= 15,200/(15200+23400)=0.39

Weight of stock B = 23.400/((15200+23400)=   0.61  

Expected return on portfolio = (0.39 ×8.90% )  + (0.61*12.50%)= 11.08 %

8 0
3 years ago
On the basis of the research it has gathered on consumer perceptions, the tests it has conducted, and competitive considerations
Amanda [17]

Answer:

1) the product launch

Explanation:

The product launch process is referred to the systematic research and planning by which it could be ensured that costumers will receive a new product positively.

In this case, XYZ firm has been hired to develop market research to confirm the target market of the product and hot it will be positioned in it.

6 0
3 years ago
Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the
slava [35]

Answer:

1) Predetermined overhead rate= $8.88 per machine hour

2) Total Manufacturing Costs =  $ 929.66

3a)Underapplied overhead for the year= $ 5500

3-b) If the overhead is underapplied and it is corrected by increasing  Cost of Goods Sold so it reduces net income.

Explanation:

Moody Corporation

Machine-hours required to support estimated production 156,000

Fixed manufacturing overhead cost $652,000

Variable manufacturing overhead cost per machine-hour $4.70

Variable manufacturing overhead=$4.70* 156,000 = $ 733,200

Predetermined overhead rate= Total Overhead Costs/ Direct Labor Hours

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Job 400

Direct materials requisitioned $400

Direct labor cost $210

Machine-hours used 36

Manufacturing Overhead = $ 8.88 * 36=  $ 319.66

2) Total Manufacturing Costs =  $ 929.66

3) Actual manufacturing overhead costs  $1,301,980

Total  machine-hours on all jobs 146,000

Predetermined overhead rate= $8.88 per machine hour

Applied manufacturing overhead costs= 146000* 8.88= $ 1296480

Actual Overhead- Applied Overhead= $1,301,980-$ 1296480= $5500

3-a)Underapplied overhead for the year= $ 5500

3-b) If the overhead is underapplied and it is corrected by increasing  Cost of Goods Sold so it reduces net income. Similarly If the overhead is Overapplied and it is corrected by decreasing  Cost of Goods Sold so it increases net income

3 0
3 years ago
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