Perpetuity pays $100 each and every year forever. the duration of this perpetuity will be 12.11
Yield rate = 9% or 0.09
Duration of perpetuity = (1+ Interest Rate) / Interest Rate
= 1+ 0.09 / 0.09
= 1.09 / 0.09
= 12.11
A perpetual annuity is a never-ending annuity or series of cash payments that lasts forever. True eternity is rare. For example, the UK government has issued them in the past. These were known as consoles and were all eventually redeemed in 2015. Cash flow is endless.
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Answer: What layout strategy deals with low-volume, high-variety production? E. Process-oriented layout
Explanation: A process oriented layout is used by companies to move items from one department of the company to another to keep the products moving in a sequenced fashion. An example of a process oriented layout is a clinic. When the patient first checks in, they wait in the waiting area. They next head back and usually get weight/height measurements and then head to the individual patients room. There are many steps in this process to work with the consumer.
Answer:
1,875 units.
Explanation:
Break-even is the point where a company neither generate profit not make loss, or we can say that it the sales at which the operating profit will be zero. It can be calculated for sales volume as-well-as dollar sales. Let's prepare a contribution income statement to calculate the break-even sales in quantity. We know that:
EBIT / Operating Profit = (SP * Q) - (VC * Q) - Fixed Cost
where
SP = Selling Price
Q = Quantity / Units
VC = Variable cost
As it is understood that the operating profit at break-even is zero, simply put it in the above contribution income statements along with other figures given in the question.
⇒ 0 = (20 * Q) - (12 * Q) - 15,000
OR 15,000 / (20 - 12) = Q
⇒ Break-even units = Q = 1,875 units.
Answer:
Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000
Explanation:
Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.
I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.
Best of luck.
Answer:
Article 2 of the UCC(Uniform Commercial Code).
Explanation:
UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from
i). Goods definition of i.e any tangible item that can be moved.
ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.
iii) Contract modifications and lastly
iv). Exchanges of consideration for items of value.
Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.
