Answer:
Monthly deposit= $840.74
Explanation:
Giving the following information:
Number of periods= 26*12= 312 months
Future Value= $1,500,000
Interste rate= 0.11/12= 0.0092
<u>To calculate the monthly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,500,000*0.0092) / [(1.0092^312) - 1]
A= $840.74
Answer:
a. $7,100
b. -$6,400
c. -$13,500
d. -$13,500
Explanation:
The computation is shown below:-
a. Net income
Net income = Cash interest
= $7,100
b. Comprehensive Income = Net Income - unrealized holding loss
= $7,100 - $13,500
= -$6,400
c. Other Comprehensive Income = unrealized holding loss
= -$13,500
d. Accumulated other comprehensive income:
Ending Balance of other comprehensive income = Beginning Balance + During this year
= $0 + (-$13,500)
= -$13,500
Answer:
4 years
Explanation:
Given;
Purchasing cost of the vehicle = $50,000
Salvage value = $10,000
Depreciation expense = $5,000
Depreciation account at the end of the current year = $20,000
Now,
Annual Depreciation expense using the straight-line method is given as;
=
=
or
Depreciation expense =
also,
Depreciation expense = $5,000
thus,
$5,000 =
or
useful life =
or
useful life = 4 years
Taste of the Tropics is a company that makes fruit juices. It recently lowered the size of its premium juice brand from 64 to 52 ounce containers while maintaining the same pricing is the example of Marginal revenue.
<h3>What is marginal revenue?</h3>
Marginal revenue is the increase in income that results from the sale of one additional unit of output.
The law of diminishing returns states that while marginal revenue can remain constant for a particular quantity of output, it will eventually slow down as the output level grows.
Thus, it is an example of Marginal revenue.
For further details about the marginal revenue, click here:
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Answer:
Option B is the right option
Explanation:
Interchangeable parts is the operation management concept that was not evolved from scientific management because the scientific management deals with the productivity of the operations by finding one best way to do a task. Furthermore the interchangeable parts was introduce to increase the mass production by the use of interchangeable body parts of machinery which has more efficiency than the previous one.