Answer:
rate of 0.000171716533316905 = 0.017% daily
Explanation:
we need to solve for the rate of an annuity for 19 years with daily deposits of 75 dolllars to yield a principal of 1,000,000 dollars
365 days x 19 years = 6,935 days
we use goal seek on excel as follow:
on A1 we write 0.01 this will be a placeholder for the rate
then on A2 we write =FV(A1;6935;75)
then with goal seek we definethat we want A2 equal to 1,000,000 changing A1 (rate)
which give us:
0.000171717 = 0.017% per day to achieve the goal:
C 75
time 6935
rate 0.000171717
FV $999,999.9999
It is to be noted that the company is not allocating resources efficiently. See the attached image for the Graphically illustration required.
<h3>What is allocation of resources?</h3>
This is simply the ability to efficiently distribute resources across all aspects of production.
<h3>What is the proof that the company is misappropriating resources?</h3>
MRS is the gradient of the budget line is defined by the change in the Y axis divided by the change in the x axis.
In other words, MRS is the number of units of x that a customer is ready to give up in exchange for units of y.
Note that
the MRS fo the budget line is:
-dy/dx
= -10.6/6.25
= -1.6, that is media 1.6 units of media is given for every unit of business travel.
However, the corporation claims that the MRS is -1, which indicates that for every unit of business trip, they give away one unit of media. In other words, they are paying a price equal to the cost of business travel, resulting in a resource misappropriation.
Learn more about allocation of resources at;
brainly.com/question/5322091
#SPJ1
Answer:
$500 shrinkage
Explanation:
Calculation to determine the amount of shrinkage occurred during the month
Using this formula
Shrinkage=Ending inventory-Actual count
Let plug in the formula
Ending inventory=$10,000 + $35,000 - $30,000 Ending inventory= $15,000
Shrinkage=$15,000 - $14,500
Shrinkage= $500
Therefore the amount of shrinkage occurred during the month is $500
