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erica [24]
3 years ago
7

Shear-it, Inc., produces paper shredders. Shear-it is considering a new shredder design for home offices. The marketing vice pre

sident believes that a basic unit in a variety of attractive colors could be sold for $70. Shear-it requires that all new products yield 30% profit.
What is the target cost of the new shredder?

a) $21 b) $100 c) $91 d) $49 e) $63.70
Business
1 answer:
irina [24]3 years ago
6 0
I think the answer is A
Hope this helps:)!!!
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Which of the following is not one of the four main types of inventory?
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All of these are main types of inventor.

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One of your classmates was recently found to have cheated on the exam. Though furious, your instructor spoke to the student very
fiasKO [112]

Answer:

d. interpersonal justice

Explanation:

Interpersonal justice -

It refers to the practice of treating the people with proper respect and dignity , is referred to as interpersonal justice .

In case of any harmful , serious condition or activity , the practice of communicating or resolving the issue with the people in a very kind and respectful manner , is the sign of an intelligent or smart person  .

Hence , from the given scenario of the question ,

The correct option is d. interpersonal justice .  

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The delivery of computing as a service is knonw as?​
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Answer:

Infrastructure as a service

Explanation:

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3 years ago
You are a financial advisor helping a young family create a college fund to provide for their daughter Mary’s education. Mary ju
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Answer:

a. Tuition and housing costs today = $65,000 per year

Inflation rate = 4%

Tuition and housing costs in 13 years = 65,000 * (1 + 0.04)^13

Tuition and housing costs in 13 years = $108,229.78

b. Amount to be in the savings account can be calculated using the present value of a growing annuity due formula

After tax rate of return = 10 * (1 - 0.3) = 7%, Growth rate = 4%, Number of year = 4

PV = P x (1 + r) * [1 - (1 + g)^n * (1 + r)^-n] / (r - g)

PV = 108,229.78 * (1 + 0.07) * [1 - (1 + 0.04)^4 * (1 + 0.07)^-4] / (0.07 - 0.04)

PV = $415,050.16

c. Amount of the first payment can be calculated using FV of a growing annuity

FV = $415,050.16, Number of years = 13, Growth rate = 2%, Rate of return = 10%

FV = P * [(1 + r)^n - (1 + g)^n] / (r - g)

415,050.16 = P * [(1 + 0.07)^13 - (1 + 0.02)^13] / (0.07 - 0.02)

P = $18,591.47

d. If the investments are tax free, the rate of return = 10%

Amount to be in the savings account = PV = P * (1 + r) * [1 - (1 + g)^n * (1 + r)^-n] / (r - g)

= 108,229.78 * (1 + 0.1) * [1 - (1 + 0.04)^4 * (1 + 0.1)^-4] / (0.1 - 0.04)

= $398,768.92

FV = P * [(1 + r)^n - (1 + g)^n] / (r - g)

398,768.92 = P * [(1 + 0.1)^13 - (1 + 0.02)^13] / (0.1 - 0.02)

P = $14,778.36

7 0
2 years ago
How did the influential economist John Maynard Keynes explain his remark that though economics is an easy subject compared with
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Answer:

B) Good economists must possess a rare combination of gifts.

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Economics is a social science that focuses on studying scarcity. Since all resources are scarce, economics tries to determine how to allocate resources more efficiently in order to produce the most possible benefits. We are all economists whether we like it or not. When we spend our money (scarce resource) we try to get the largest benefit out of it, the same applies to our time. We decide to study for a test and get a good grade, or simply take a very long nap.

The problem with economics and all social science, is that they are not exact. There is no possible way a scientific research can be done that includes all the economy, there are simply too many billions of transactions and different combinations that it is impossible to do it. Some microeconomics studies can be carried out but only considering a single company or industry and few factors.

Economists must base their research upon past events and develop models that can predict future events. Sadly but true, even meteorologists have a higher percentage of correct predictions than economists.

The few good economists must be very good at math, history, politics, philosophy, psychology, developing abstract ideas and make them concrete ideas, and last but not least must be able to explain all of this to others and convince them.

The problem with applying economic models to the real world are the changing expectations of the general public (psychology and philosophy). One of my teachers had a great saying, "the mouth is the most sensitive organ in your body, but your pocket is by far the most sensitive part".

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