Answer:
13 days
Explanation:
We are to calculate the days of inventory on hand.
Days of inventory on hand = number of days in a period/ inventory turnover
Inventory turnover = Cost of goods sold / average inventory
Cost of goods sold = 0.68 x $948,000 = $644,640
Inventory turnover = $644,640 / $23,000 = 28.027826
Days of inventory on hand = 365 / 28.027826 = 13.02 days
I hope my answer helps you
It influence it by lowering the price and if it's by producing then people would want to go to the store that has more of the product that people want.
Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.
If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.
Hope that helps!!!
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Answer:
The withdrawals will be of $ 11,379.014 per month
Explanation:
Future value of the annuities:
C 750.00
time 360(30 years x 12 monhs per year)
rate 0.008333333 (10% / 12 months)
PV $1,695,365.9436
C 250.00
time 360 (30 years x 12 monhs per year)
rate 0.005 (6% / 12 months)
PV $251,128.7606
Total 1,695,365.84 + 251,128.76 = 1.946.494,6
and from here we withdraw for 25 years:
PV 1,946,495
time 300 (25 years x 12 months)
rate 0.004166667 (5% / 12 months)
C $ 11,379.014