Answer:
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Explanation:
then i will
Answer:
B. The total hiring cost is $62,400
D. The total hiring cost is larger than the total firing cost.
E. Overtime labor cost is $200,000.
Explanation:
The hiring cost of the labor is greater than the firing cost because the company needs more workforce to meet the finished goods demand in the certain period. The hiring cost of the employees is $800 per labor and company needs 78 more labor to meet the demand. The total hiring cost will be $800 * 78 labors = $62,400.
<span>Your total profit would be $2,305</span>
Answer:
The coupon rate will be 6.6415%.
Explanation:
By using the financial calculator, the I/Y will be computed:
Where
PMT = 7/2 % × 1,000
= $35
PV = -$1,035
FV = 1,000
N = 16 × 2
= 32
It is semiannually, so the number of years got doubled.
Then press CPT and I/Y
I/Y = 3.3207
In order to compute the coupon rate, again financial calculator will be used:
PV = -$1,000
FV = $1,000
N = 32
I/Y = 3.3207
Then Press CPT and PMT
PMT = 33.2075
Coupon rate = PMT/ FV × 100
= 33.2705/ 1,000 × 100
= 3.32075%
The coupon rate will also be double:
= 3.32075% × 2
= 6.6415%
This is the annual rate.