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3 years ago

Matt broderick company began operations on january 2, 2013. it employs 9 individuals who work 8-hour days and are paid hourly

1 answer:

3 0

Assuming the workers are paid $5 per hour and 8 hours per day, each worker will be paid $40 per day. There are 9 workers, the company will spend $320 per day. If the company started on January 2, 2013. It has been spending ($320 x 365 days) $116,800 dollars per year and from 2013 to 2017, it has spent $467,200 since it began operations.

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What type of account is recommended for unexpected expenses?

velikii [3]

Answer:

emergency fund

Explanation:

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2 years ago

CII, Inc., invests $630,000 in a project expected to earn a 12% annual rate of return. The earnings will be reinvested in the pr

Gelneren [198K]

Answer:

$1,956,684

Explanation:

As the project has a expected annual return, we have to calculate future value of this investment to find how much money Cll, Inc. will have after 10 years to reinvest.

We know,

FV = PV × $(1 + i)^{n}$

Given,

Present Value, PV = $630,000

Annual rate of return, i = 12% = 0.12

Number of period, n = 10 years

Putting the value into the above formula, we can get,

FV = $630,000 × $(1 + 0.12)^{10}$

FV = $630,000 × 3.105848

FV = $1,956,684

$1,956,684 can be reinvested after the liquidation of 10 years.

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3 years ago

Suppose that prices in the United States rise relative to prices in France. We expect that (on the foreign exchange market) the

mixer [17]

Answer:

Decrease , Increase

Explanation:

Rising prices of goods and commodities in the United States would absolutely lead to a decrease in demand of the US dollars. This is principally due to the fact that, elsewhere, there is an alternative that costs lesser and hence, there would be a shift in sourcing, making the US dollars weakens.

Now, it is established that demand and supply are an inverse relationship. Due to the fact that demand is low, there’ would be an increase in supply of the currency in the foreign exchange market died to tube fact that there has been an increase in supply for it

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3 years ago

Who do you like better?? BTS or BlackPink???

Snowcat [4.5K]

Answer:

bts, you? (:

Explanation:

3 0

3 years ago

In year 1 the price level is constant and the nominal rate of interest is 6 percent. But in year 2 the inflation rate is 3 perce

LiRa [457]

The nominal interest rate will rise by 3%.

Nominal interest rate is the sum of real interest rate and inflation rate. Real interest rate is interest rate that has been adjusted for inflation. Inflation is the persistent rise in general price levels.

Nominal interest rate in year 2 = real interest rate + inflation rate

6% + 3% = 9%

Nominal interest rate in year 1 = 6%

Change in nominal interest rate = 9% - 6% = 3%

To learn more, please check: brainly.com/question/21323568

6 0

2 years ago