N=log((1−14,880×0.0106÷660)^(−1))÷log(1+0.0106)=25.9 months
Answer:
Option A
Explanation:
With respect to the market clearing price and the equilibrium quantity for good X, an increase in the demand for and a decrease in supply of the good definitely will increase the market clearing price of good X but have an uncertain impact on the equilibrium quantity of X.
Answer:
A. Straight Extension Strategy
Explanation:
Straight Extension product strategy refers to maintaining the same quality, attributes and utility of products both in the domestic and the international market.
This strategy is usually followed for those products which are globally acclaimed and thus need for any alteration or promotion is undesirable as the market for such products has already been created.
As the word suggests, extension means extending the same product globally.
Hence, this is a case of A. straight extension strategy
Answer:
Salvage value
Explanation:
Salvage value is the value of an asset after all depreciation expenses has been expensed.
For example, an asset cost $500,000, it has a 2 year useful life. the depreciation percentage is 20% for each of the useful life of the asset, the salvage value =
Cost of the asset - accumulated depreciation
accumulated depreciation = 2 x($500,000 x 0,2) = $200,000
Salvage value = $500,000 - $200,000 = $300,000
$300,000 is the estimated amount of money that can be expected from some buyer at the end of asset’s useful life
Answer:
55,060 machines
Explanation:
Projected sales = 54,500
Estimated opening balance = 6,860
Desired ending balance = 7,420
Budgeted production = ?
Let the budgeted production be B
Using the formula
Opening balance + Budgeted production - Sales = Closing balance
6,860 + B - 54,500 = 7,420
B = 7,420 + 54,500 - 6,860
B = 55,060
The budgeted production for the year is 55,060 machines.