<span>The result of a strong, effective, market supporting formal institution is a developed economy. A developed economy can be found in a developed and industrialized country. It will be a sovereign state that is highly developed in technology and infrastructure.</span>
Answer:
Amount withdraw each year = $ 186,991.24
Explanation:
Amount accumulate at the time of retirement = FV of Current Investment in Bond + FV of Current Investment in Stock + FV of annuity deposited in bond
Amount accumulate at the time of retirement = 162000 x (1+7.5%)^10 + 602000 x (1+11%)^10 + 7800 x ((1+7.5%)^10 -1) / 7.5%
Amount accumulate at the time of retirement = $ 2,153,565.83
Amount withdraw each year = Amount accumulate at the time of retirement/Annuity factor
Amount withdraw each year = 2153565.83 / ((1-(1+6.75%)^-23) / 6.75%)
Amount withdraw each year = $ 186,991.24
Answer:
d. Process further, the company will be better off by $12 per unit.
Explanation:
In order to make the decision we first analyse the costs and profit per unit of each decision.
Profits from unassembled product is as,
Profit = 135 - 60 = $75 per unit
Profits from assembled product is as,
Profits = 174 - 60 - 27 = $87 per unit
The differential is a positive profit = 87 - 75 = $12/ unit after assembly.
So the company should process further as there is an additional $12 to be made per unit.
Hope that helps.
This is called freemium model, used for introduction of products from game applications which are scaled down versions. After the purchase, additional scenes and more features would be given to the game user. One successful game that used this is the Angry Birds created by Rovio.
Answer:
a) The amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternative is termed:
Differential Revenue
b) The Differential cost of producing Product D is the additional cost of $9.25 per pound.
Explanation:
a) Differential Revenue is the difference in sales revenue that results from two different courses of action.
b) The corporate finance institute defines Differential cost as "the difference between the cost of two alternative decisions."
