Answer:
the weekly grocery bill in 4 years is $486.2025
Explanation:
The computation of the weekly grocery bill in four years is shown below:
= Estimated amount × (1 + rate of interest)^number of years
= $400 × (1 + 0.05)^4
= $400 × 1.21550625
= $486.2025
hence, the weekly grocery bill in 4 years is $486.2025
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The two factors that affect the organization of businesses functional activities are ;
Strategy
Technology
Environment
Explanation:
Strategy determines the approach or the course of action to direct the activities of the organization of businesses. Strategy is the innovation room where new approach to solving a problem is discovered and implemented.
Technology; the technology for manufacturing goods and services affect the organization of business functional activities.
Answer:
You will spend about 57.57 gallons (57.568 to be exact)
Explanation:
Multiply $3.05 with 18.875 gallons to get the total
Answer:
21.29%
Explanation:
The computation of the internal growth rate is shown below:
But before that we need to determine the following calculations
Debt equity ratio js
= debt ÷ equity
The debt is 0.6 of equity
So,
= 0.6 × $8,600
= $5,160
Now
Total assets = Total liabilities + Total equity
= $8,600 + $5,160
= $13,760
Return on assets = Net income ÷ Total assets
= $3450 ÷ $13760
= 0.2507
Now as we know that
Retention ratio = 1 - payout ratio
= 1 - 0.3
= 0.7
And, finally
The Internal growth rate is
= (Return on assets × Retention ratio) ÷ [1 - (Return on assets × Retention ratio)]
= (0.2507 × 0.7) ÷ [1 - (0.2507 × 0.7)]
= 21.29%
Answer:
At 7.5 weeks will bethe best time
it will yield a profit of 30.63 per tree
Explanation:
we will construct the formula:
p = 0.25 -0.01w
q = 100 + 10w
Now, using SOLVER we can determinate the maximum profit point at 7.5 weeks
we construct these formula in excel, we stablish we can change only the "w" and it will look for the answer.
Now we can determinate the profit at this point:
P = 0.25 - 0.01 ( 7.5) = 0.175
Q = 100 x 10 (7.5) = 175
175 x 0.175 = 30.625 = 30.63
