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Ulleksa [173]
3 years ago
5

If you invest $100 today in a bank account that pays a one time interest at the end of each year (you leave the interest you col

lect from the bank from the first year in the bank to collect interest during the second year). if you have $121 at the end of the second year what is the interest rate the bank pays each year on your account. show your work.
Business
1 answer:
Oksanka [162]3 years ago
3 0
Answer is 10%

$100 x 10% = $10 so after first year you have $110.00

$110 x 10% = $11 so after second year you have $121.00
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Answer:

$70 per units

Explanation:

Calculation to determine What will be the selling price per unit if Garcia uses a markup of 15% of total cost

First step is to calculate total cost per unit.

Using this formula

Total Cost per unit = Unit Direct materials cost + Unit Direct labor costs + Unit Variable Costs + Unit Fixed Costs

Let plug in the formula

Total Cost per unit = $119 + 49 + 64 + 70

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Second step is to calculate the Selling Price Per Unit

Selling Price Per Unit = $302 +( 15%*$302)

Selling Price Per Unit = 302 + 45.30

Selling Price Per Unit = $347.30

Third step is to calculate the Total Fixed Costs using this formula

Total Fixed Costs = fixed overhead costs + Fixed selling and administrative costs

Let plug in the formula

Total Fixed Costs=$673,000+$160,000

Total Fixed Costs= $833,000

Now let calculate the Fixed Cost per unit using this formula

Fixed Cost per unit = Total Fixed Costs / Total Units

Let plug in the formula

Fixed Cost per unit =$833,000/11,900

Fixed Cost per unit = $70 per unit

Therefore What will be the selling price per unit if Garcia uses a markup of 15% of total cost is $70 per unit

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3 years ago
When making airline reservations for a traveller, the travel agent does not need to know?​
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2 years ago
Suppose that a cafe enjoys a large increase in customers whenever the jazz club next door features a band playing appealing musi
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Answer:

D. Integration of different types of businesses through merger or acquisition

Explanation:

Externalities occur when the production or consumption of a particular good or service affects a third-party who is not related to the transaction. A positive externality is one that is favorable and beneficial to the third party and a negative externality is one that is unfavorable and creates a cost to the third party. In this case, the third party is the owner of the cafe and it is a positive externality because the music creates an increase in the number of customers to his/her business.

When the jazz club owner purchases/acquires the cafe, the cafe becomes his. Hence, the benefit felt to the cafe by the music from the jazz club is a benefit that his own new business incurs. Thus, the integration of these two businesses into one helps internalize the positive externality since now the main party involved in the transaction is also the one feeling the positive externality and not a third-party as used to be.

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Answer:ok so...

Explanation:

8 0
3 years ago
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Romashka [77]

Answer:

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Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

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