Answer:
PV= $12,242.27
Explanation:
Giving the following information:
Cf= 950
Nominal interest= 0.0750 monthly compounded
<u>First, we need to determine the real interest rate:</u>
Monthly interest rate= 0.075/12= 0.0625
Real annual rate= (1.00625^12) - 1= 0.0776
N<u>ow, we can calculate the present value using the following formula:</u>
PV= Cf/ i
PV= 950/0.0776
PV= $12,242.27
Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>
Explanation:
The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.
The facility that allows the user to speak into a special device while typing a letter using computer is called a mobile speaker.
<h3>What is a computer?</h3>
It should be noted that a computer simply means an electronic machine that can be used to analyze information and make one's work easier.
In this case, the facility that allows the user to speak into a special device while typing a letter using computer is called a mobile speaker.
Learn more about computer on:
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Answer:
Money is defined as something that serves as a medium of exchange.
The money supply is the total amount of money available in an economy. It includes:
- M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
- M2 includes M1 plus short term bank deposits and 24 hour money market funds.
- M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.