What information is the buyer entitled to?

A manufacturing unit uses all its resources efficiently

KiRa [710]

If a manufacturing unit uses all its resources efficiently, the production rate of the unit will increase. The waste produced will be minimized and more profit will be gained. The manufacturing unit will also have a greater opportunity of being improved.<span />

5 0

3 years ago

Since your first birthday, your grandparents have been depositing $ 1 comma 000 into a savings account on every one of your bir

nika2105 [10]

Answer:

The amount of money in my savings account will be closest to $29,213

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,000 per year payment for 18 years at 6% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,000

r = rate of return = 6%

n = number of years = 18 years

Placing Value in the formula

As on the 18th payment no compounding interest income is accrued yet because grandparent made it now.

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 6% ]^18-1 - 1 ) / 6%

Future value of annuity = FV = $1,000 + 1,000 x ( [ 1 + 0.06 ]^17 - 1 ) / 0.06

Future value of annuity = FV = $29,213

3 0

3 years ago

Why would anyone select a bank that has unfavorable overdraft policies

OlgaM077 [116]

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

6 0

3 years ago

Rahls issues stock to investors for $20,000, and has $5,000 of net income in its first year of operations. During Year 2, Rahls

Eva8 [605]

Answer:

The balance in stockholders' equity at the end of year 2 is $31,000

Explanation:

For computing the balance in stockholder equity at the end of year 2, first, we have to compute the balance for year 1 which is shown below:

Year 1 equity balance = Issue of stock + Net income

= $20,000 + $5,000

= $25,000

Now, year 2 balance would equal to

= Year 1 balance + Net income - Dividend paid

= $25,000 + $10,000 - $4,000

= $31,000

Hence, the balance in stockholders' equity at the end of year 2 is $31,000

4 0

4 years ago

Technological improvements have made it possible to do a restaurant’s food cost percentage in about _____________ of the time it

EleoNora [17]

Answer: One-third

Explanation:

The impact of technology in our everyday life cannot be understated. Technology has made life easier by simplifying our work lives and personal lives. In the restaurant industry, technological terms such as artificial intelligence, mobile apps, smart devices etc are now common in the industry.

Technology helps in making work easier. This can be noticeable in knowing the food cost percentage of a restaurant. Through technology, the food cost percentage of a restaurant can now be known in one third of the time used before technology came into place.

3 0

3 years ago

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