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Afina-wow [57]
3 years ago
8

Phoenix Pump and Filter projects that the cost of steel bodies for Model R910 valves will increase by $2.50 every 3 months. If t

he cost for the first quarter is expected to be $90 per unit, what is the present worth of a unit's costs over a 3- year time period at an interest rate of 12% per year compounded quarterly?
Business
1 answer:
katrin2010 [14]3 years ago
7 0

Answer:

$1023.98

Explanation:

Using the standard notation equation for annual payment and for arithmetic gradient to calculate the present worth of a unit's costs; we have the following corresponding expression.

P = A (P/A, i, n)         &     P = G (P/G, i, n)

where;

A = annual payment

G = arithmetic gradient

n = number of years

i = annual interest rate

From the question;

the payment  period = compounding period

∴ quaterly interest rate = 3%

The present worth value of the unit's cost is therefore shown as

P = 90 (P/A, 3%, 12) + 2.5(P/G, 3%, 12)

P = 90(9.954) + 2.5(51.2481)

P = $1023.98

∴ The present worth value of the unit's cost = $1023.98

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Answer:

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The average monthly utility bill for Orlando, FL is $85.33 more than Indianapolis, IN.

Explanation:

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3 years ago
Visibility, the road situation, and your physical condition can all influence your
Andrews [41]

Visibility, the road situation, and your physical condition can all influence your blind area.

Explanation:

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The Leaves of Green restaurant chain does not permit employees at corporate headquarters to work flextime schedules. The CEO spo
Sedaia [141]
False? I don’t know on these I just guess lol
4 0
3 years ago
Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual in
Mandarinka [93]

Answer:

A Merchandising Company

Journal Entries:

Nov. 5:

Debit Inventory $6,000

Credit Accounts Payable $6,000

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Nov. 7:

Debit Accounts Payable $250

Credit Inventory $250

To record the return of 25 defective units.

Nov. 15:

Debit Accounts Payable $5,750

Credit Cash Discount $115

Credit Cash Account $5,635

To record payment on account.

Explanation:

The journal entries show the accounts affected by each transaction.  Two or more accounts are usually affected.  One account receives value and is debited and the other gives value, and it is credited.

The trade terms 2/10, n/60 implies that a cash discount of 2% on the outstanding balance exists for early settlement on account within 10 days and the credit period should not exceed 60 days or two months.

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3 years ago
Miss. Asma works as a sales executive at HBL Bank, is upset at the way her manager, Sadaf, always calls her in for one-on-one me
olasank [31]

Answer:

Sadaf's behavior exemplifies Fundamental attribution error.

It can be replicated if Sadaf does not try to understand Asma's point of view of her underperformance.

Explanation:

The Fundamental Attribution Error is a type of error by the people of over-emphasizing the characteristics of a person while ignoring the situational factors. In such type of cognitive bias, people tend to instil the personal trait of other or judging them for their laid-back behavior based on their personal trait rather than thinking of any possibility of external situation that may have caused it.

In the given situation, Sadaf is showing fundamental attribution error behavior by instilling to Asma's underperformance with her laid-back behavior instead of asking her the real problem.

This attribution error can be replicated if Sadaf did not ask Asam for the reason behind her underperformance.

8 0
3 years ago
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