The net profit of the company in this case is given by the subtraction of the income minus the costs.
We have then:
b (t) = r (t) - c (t)
b (t) = 15 * e ^ (0.19 * t) - 12 * e ^ (- 0.03 * t).
We must determine the number of years.
from january 1st in the year 2000 until january 1st in the year 2007:
t = 2007-2000 = 7.
We have then evaluating t = 7 in the function:
b (7) = 15 * e ^ (0.19 * 7) - 12 * e ^ (- 0.03 * 7).
b (7) = 46.99 millions of dollars
answer:
the net profit was 46.99 millions of dollars
Answer: Control Systems
Explanation:
Control systems in business are procedures designed to evaluate, monitor, regulate, supervise and ascertain whether organisational strategies, plans and structures are working efficiently and effectively. It also ensure assets and resources are checked and well documented to avoid things going missing.
The amount of money that I would have in the bank account at the end of one year is $1,100.
The real interest rate I would expect to earn on the deposit is 6%.
If I am saving for a gaming computer, at the end of next year I would have enough money.
<h3>What is the value of the money by next year?</h3>
The formula that can be used to determine the money in my bank account next year is:
FV = P (1 + r)^n
Where:
FV = Future value
P = Present value
R = interest rate
N = number of years
1000 x (1.1)^1 = $1,100
<h3>What is the real interest rate?</h3>
The real interest rate is the nominal interest rate less inflation rate.
The real interest rate = 10% - 4% = 6%
To learn more about future value, please check: brainly.com/question/18760477
Answer:
$6745
Explanation:
Given: Beginning inventory is 77 units at the cost of $19 per unit.
Purchased inventory is 476 units at $19 per unit.
Sales during the month is 355 units at $45 per unit.
Now, let´s find the cost of goods sold using LIFO method.
We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.
As sales unit is 355 units.
Let´s take units from recent purchased inventory.
Cost of good sold= 
Hence, the cost of goods sold using the LIFO method is $6745.
