Solution:
Pick some smart number for x,
let x=2 (I chose x=2 as in this case monthly shipments would be X/2=1).
From January to April, inclusive 4x=8 brooms were produced and
in May the company paid for storage of 8-1 =7 brooms,
in next month for storage of 6 and so on.
So the total storage cost would be:
= 1 ∗ (7+6+5+4+3+2+1+0)
= 28
--> as x=2 , then 28 = 14x
So the answer is 14x
Answer:
X is 7.75%
Explanation:
The yield on a stock is determined by dividend and stock appreciation in the market.
First, we need to calculate the effective annual yield
Effective annual yield = ( 1 + Nominal interest rate/periods per year )^numbers of compounding periods annually - 1
Effective annual yield = ( 1 + 10%/2 )^2 - 1
Effective annual yield = 1.1025 - 1
Effective annual yield = 0.1025
Effective annual yield = 10.25%
Now use the following formula to calculate the X
Price of the share = Expected dividend / ( Effective annual yield - Growth rate )
Where
Price of share = 80
Expected Dividend = 2
Effective annual yield = 10.25%
Growth rate = X
Placing values in the formula
80 = 2 / ( 10.25% - X )
0.1025 - X = 2 / 80
0.1025 - X = 0.025
-X = 0.025 - 0.1025
-X = -0.0775
X = 0.0775
X = 7.75%
The answer to the question is true
<u>Answer:</u> Consolidation
<u>Explanation:</u>
Courts have the authority to consolidate the cases which have common concern. Consolidated case also does not mean the court will not hear each appeal separately. As the facts of the case are similar that they have not received their prepaid wedding gowns due to the bankruptcy of the bridal store single hearing is placed by the court.
The consolidated cases at first remain the same way but the arguments of the attorneys may diverge the case while appealing. The disappointed brides should receive their compensation at once from the failed store here.,