Answer:
$2,341,579.57
Explanation:
Data given in the question
Annuity value = $4,950
Annual interest rate = 9.89%
Time period = 9.89%
So, by considering the above information, the future value of an annuity is
Future value of annuity = Annuity × [(1 + interest rate)^time period - 1] ÷rate
= $4,950 × [(1.0989)^41 - 1] ÷ 0.0989
=$4,950 × 473.0463785846
= $2,341,579.57
Answer:
Cullumber Company
The ending inventory is:
= $4,888.
Explanation:
a) Data and Calculations:
Item Units Unit Cost Net Realizable Value Value of Ending
Cameras: Inventory (LCNRV)
Minolta 3 $172 $152 $456 ($152 * 3)
Canon 9 140 170 1,260 ($140 * 9)
Light meters:
Vivitar 13 130 100 1,300 ($100 * 13)
Kodak 16 117 128 1,872 ($117 * 16)
Total value of Ending Inventory based on LCNRV = $4,888
b) The Lower of cost- or net realizable value method of valuing ending inventory determines the value by choosing the lower value between the cost price of the inventory and the net realizable value. The purpose that is served by using the LCNRV method is that it reflects the decrease of inventory value when it goes below its original cost while at the same time it does not recognize the increased market value when the cost is lower.
Answer:
$5,641
Explanation:
DEPOSIT NOW
$1000 * FVIF 9%,8 PERIODS
= $1000 * 1.9926
= $1992.6
IN 2 YEARS
= $2000 * FVIF 9%,6 PERIODS
= $2000 * 1.6771
= $3354.20
IN 5 YEARS
= $8000 * FVIF 9%, 3 PERIODS
= $8000*1.2950
= $10360
WITHDRAWAL: IN 3 YEARS
= ($3000) * FVIF 9%, 5 PERIODS
= ($3000) * 1.5386
= ($4615.80)
IN 7 YEARS
= ($5000) * FVIF 9%, 1 PERIOD
= ($5000) * 1.0900
= ($5450)
Total value = $1992.6 + $3354.20 + $10360 - $4615.80 - $5450
Total value = $5,641
So, the total future value after eight years is $5,641
Answer:
A. Medicine
Explanation:
Stress is a condition that affects the mental health of employees and is a challenge for human resources professionals in the workplace. Generally, work stress is caused by high workloads, pressure, conflicts, etc.
Therefore, it is necessary that HR be able to implement solutions to deal with stress in an organization, with the objective of maintaining the mental health and productivity of employees. For this, HR can use concepts from medicine, such as implementing health programs -being, improving physical fitness, labor gymnastics, etc. All of these concepts that promote well-being will assist in promoting a positive organizational culture and aimed at developing the skills and competences of each employee.
In this example, Wrigley used the Penetration pricing.
Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.
This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.
In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.
In conclusion, Wrigley used the Penetration pricing to attract new customers.
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<em>brainly.com/question/3521758</em>