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White raven [17]
3 years ago
5

You have $11,000 and will invest the money at an interest rate of .33 percent per month until the account is worth $17,200. How

many years do you have to wait until you reach your target account value
Business
1 answer:
Diano4ka-milaya [45]3 years ago
4 0

Answer:

1.5 years

Explanation:

The number of years for reaching the target value, it will be computed using the excel formula which is as:

=Nper(Rate,pmt,pv,fv,type)

where

nper is number of years

rate is 33%

Pmt is monthly payment which is $0

pv is present value which is -$11,000

fv is future value which is $17,200

type is 0

So, putting the values above:

=Nper(33%,0,-11000,17200,0)

=1.5 years

Therefore, the number of years it will take to reach the amount of $17,200 from investing $11,000 today is 1.5 years.

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Mattress​ Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last​ year, cost of goods sold was ​$7
Dmitry [639]

Answer:

Weeks supply =  10.70 million (Approx)

Explanation:

Given:

Last​ year, cost of goods sold = ​$7,537.53 million  

Last​ year Inventory = ​$1,551.55 million

Computation:

Average cost of sold good on week basis = Cost of goods sold / Total number of weeks

Average cost of sold good on week basis = $7,537.53 million / 52

Average cost of sold good on week basis = 144.96 million

Computation of weeks supply:

Weeks supply = Last​ year Inventory /  Average cost of sold good on week basis

Weeks supply = $1,551.55 million / 144.96 million

Weeks supply =  10.70 million (Approx)

8 0
3 years ago
Donald discovers major flaws in the packaging department. He consults the production manager and formulates control measures to
Zolol [24]

Answer:

The most suitable answer here is D. Concurrent Control.

Explanation:

Concurrent control is also known as preventive controls and steering controls where the aim of the control procedure is to identify the possible flaws of a process and to prevent them before occurring.

Furthermore, in this scenario as you can see, Donald consults production manager and formulates measures as the process is ongoing. This makes it more of a "concurrent control" as well.

So Why did we not use any of the other options?

Option A, reactive controls is incorrect in this case, because reactive measures are completely spontaneous actions that respond to an accident.

Option B is incorrect too, because feedback controls are done after a process has been completed and through identification of falls happened.

Option C, feed forward controls are not correct in this scenario as well. Although it is a type of preventive control, in this scenario it is not entirely preventive. They are formulating measures even as the process is ongoing.

5 0
3 years ago
Abarrier along the open sides of stairways and platforms that prevent falling is
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Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
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Answer:A. cost per hire.

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6 0
3 years ago
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loris [4]
The journal entry to record the payment of the note and entire interest on april 1, 2017 is as follows; Debit Notes Payable $4,000, Debit Interest Expense 120, Debit Interest Payable 40, <span>Credit Cash $4,160.

April 1,2017
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       Interest expense    $120
       Interest payable       $40
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7 0
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