The formula for compounding investments is as follows:
![a = {p(1 + \frac{r}{n}})^{nt}](https://tex.z-dn.net/?f=a%20%3D%20%7Bp%281%20%2B%20%20%5Cfrac%7Br%7D%7Bn%7D%7D%29%5E%7Bnt%7D%20)
a = end amount
p= principle amount (what is invested)
r= interest rate (as a decimal)
n = number of times the investment is compounded yearly
t = time
For this particular investment the end amount would be $14859.47
Since the cost of $20,000 has been incurred two years ago, the firm should check and see as to how many units of the product were produced in the two years. Did the firm produce enough items to break even the cost of acquisition. Additionally the business should also check the current market value of this two year old equipment. The business manager should weigh in the savings that is to be obtained from outsourcing along with the resale value of the old machine and then take a declension as to whether the company should go for outsourcing. Also, the business manager must examine whether the outsourcing can happen for the long run. This is because two years down the line, outsourcing may have increased the cost and again another process may look attractive. So a through cost benefit analysis should be made before taking a decision.
Answer:
Integration
Explanation:
Integration is defined as mixing things or people together that were formerly separated.
Organizational integration happens when a company's internal and external factors successfully mesh. Every company, large or small, has certain internal characteristics such as management style, systems, organizational structure, strategy, staff and organizational culture.
Sales salaries are expensed at the time they are incurred.
In 2020, the average sales representative's salary was $73,500. In 2020, the average salaries for comparable jobs were $147,580 for a sales manager, $69,100 for an insurance salesman, $62,990 for a realtor, and $30,940 for a retail salesperson yes you can be a millionaire or billionaire as a seller.
Sales salaries careers are well paid and he ranks third on this list of high-paying jobs without a degree. A salesperson's revenue is directly tied to their sales performance. This means that sales positions have excellent earning potential. Working in sales can be incredibly stressful.
Learn more about Sales salaries at
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Answer:
The farmer should use more fertilizer and less labor.
Explanation:
The production of wheat requires two inputs, labor and fertilizer.
The price of labor is $4.50 and the price of fertilizer is $3.00.
A farmer is currently employing the inputs such that the marginal product of labor is 11 and the marginal product of fertilizer is 8.
The ratio of price to marginal product for labor
= ![\frac{11}{4.5}](https://tex.z-dn.net/?f=%5Cfrac%7B11%7D%7B4.5%7D)
= 2.44
The ratio of price to marginal product for fertilizer
= ![\frac{8}{3}](https://tex.z-dn.net/?f=%5Cfrac%7B8%7D%7B3%7D)
= 2.66
Since the ratio for fertilizer is higher than labor, it implies that fertilizer is providing more benefit to the farmer as compared to labor. So the farmer should use more fertilizer.