To find the value of the inventory to the nearest cent:
Estimated costs are: $18,750
Storage costs: 12%
Interest costs: 12%
Transportation costs: 5%
Let's add the costs up: 12% + 12% + 5% = 29%
We are solving for the value of inventory so in this case we will make that X.
X = estimated costs/interest amounts
X = $18,750/29%
X = $18,750/0.29
X = $64,655.17
The value of the inventory is $64,655.17
To check your work you can take $64,655.17 and multiply it by 29%
= $18,750
Answer:
The correct answer is option B.
Explanation:
This downward fluctuation in the economy of Georgiania is an example of a Recession. Recession can be defined as a downward movement in the economic activities which continues for a long period.
Recession causes a decline in aggregate demand and consumption. It reduces investment and production. This further causes widespread unemployment in the economy.
For instance in Georgiania, an embargo on tea caused a reduction in net exports. This caused a leftward shift in the aggregate demand curve. This caused consumption and income to decline. This will further cause a reduction in confidence.
As demand falls investment will decline as well causing unemployment. With the reduction in employment, income will also fall causing a further reduction in demand.
Expansionary monetary and fiscal policies are required to tackle the recession.
The answer is false is is harder to move up because of racism and not wanting women to lead
The biggest challenges of business process design are how a business could engage people from getting to work in a way of working new ways or techniques and even following procedures that are different and that they are not known to be of.
Answer:
Need Recognition
Explanation:
Consumer decision making process refers to how a consumer decides to satisfy a want and how consumers arrive at a buying decision, which includes identifying the need, availing the required information about the need, measuring the options or alternatives available and then proceeding to buy the product.
Desired state refers to how i.e the way a consumer desires to satisfy his need. Actual state refers to how or the way the need is ultimately satisfied. The gap between the two states i.e the imbalance results into the step of need recognition.