Answer:
c.They must be an integral part of the finished product and a significant portion of the total product cost.
Explanation:
Direct material is the key component of finished product, it is what is called finished product after processing.
It might be combination of so many raw materials or that it might be alone.
Thus, it forms an integral part of finished product and also it involves a huge share that is clearly identifiable in the total cost as raw material.
Which is because generally overheads do not have that share in cost, as much as that of raw materials.
Answer:
the present value is $12,151.67
Explanation:
The computation of the amount that should be borrowed today i.e. present value is shown below:
Given that
PMT = $320
Rate of interest = 12 ÷ 12% = 1%
NPER = 4 × 12 = 48
FV = $0
The formula is shown below
= -PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $12,151.67
Answer:
D) Direct Channel
Explanation:
Distribution, also called place is one of the four Ps of marketing. Distribution is the process of delivering goods or services from the manufacturer to the consumers. In distribution, there are two ways of delivering goods or services to the target market. The first one is known as the Direct distribution while the other is the Indirect distribution. Direct distribution is a situation where goods or services are delivered to the target market without any help from middlemen. That is, straight from the manufacturers to the consumer. This is also known as Zero distribution. This way of distribution lowers cost because it is direct from the manufacturer to the consumer.
The other way of distribution is the Indirect distribution. Indirect distribution happens when goods or services are delivered to the target market with the help of middlemen. The middlemen mentioned here, refer to the agents, brokers, wholesalers and retailers.
Andrea's Kitchen Catering Services offers the way of direct distribution because they do not make use of middlemen in order to deliver goods to their customers. The food leaves their kitchen(place of production) and straight to the consumer's abode. One major advantage of this way of distribution is the easy access and quality communication between the manufacturer and the consumers.
Price per share / Earnings per share = Price-Earnings Ratio
Price-Earnings Ratio shows how much the investors are willing to pay per earnings for the company. For example, if the P/E Ratio is 15 suggests that the investors of a stock is willing to pay $15 per $1 of earnings of the company may produce over the year.
Answer:
5.5%
Explanation:
This is an Annuity Due question. In an annuity due, recurring payments occur at the beginning of the yearIt is asking for the RATE. Using a financial calculator(on BEG mode), input the following;
Duration; N = 25
Recurring payment; PMT = 23.6
Present value ; PV = -334
One-time future cashflow; FV = 0
Then compute the interest rate; CPT I/Y = 5.499%
Therefore, the lottery commission is using about 5.5% interest rate.