Answer: $3,425
Explanation: Quarterly compounding periods for 18 years is 4 x 18 = 72 and the payment amount is $2,000.
2000 (1+.03/4)^72 = 3425.11
Answer:
$6,250
Explanation:
Cost of machine = $114,800
Salvage value = $14,800
Life of machine = 4 years
Depreciable cost = Cost - Salvage value
= $114,800 - $14,800
= $100,000
Date of purchase = October 1, 2020
Assets used for period in 2020 = 3 months
Annual depreciation:
= Depreciable cost ÷ life of assets
= $100,000 ÷ 4
= $25,000
Depreciation expense for 2020:
= Annual depreciation × (3 ÷ 12)
= 25,000 × (3 ÷ 12)
= $6,250
Answer:
The lifetime value of customers
Explanation:
Customer Lifetime Value or CLTV is the present value of the future cash flows or the value of business attributed to the customer during his or her entire relationship with the company.
Answer:
$191,000
Explanation:
The computation of straight line depreciation is shown below:-
Straight line Depreciation:
= (Book value - Salvage value) ÷ Remaining life
= ($1,250,000 - $295,000 - 0) ÷ (From 2015 to 2019)
= ($1,250,000 - $295,000 - 0) ÷ 5 year
= $191,000
Therefore for computing the straight line depreciation we simply applied the above formula.
Answer: <u><em>For the 10th worker, the marginal revenue product is $120 per day.</em></u>
Explanation:
Here in this case by hiring the 
worker, the store is able to make 30 more units .
Given:
The store earns $4 for each pound of produce that it sells.
<em><u>Thus the marginal revenue product of the 10th worker = 30×$4 = $120</u></em>
