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olga2289 [7]
2 years ago
13

Compute the continuously compounded interest rate for 228 days where the ACT/365 interest rate is 2.92%. Give your answer to fou

r decimal places. Enter 4.1234% as 4.1234
Business
1 answer:
Nikitich [7]2 years ago
3 0

Answer:

The answer is 1.8407.

Explanation:

To calculate interest rate for 228 days we will first calculate daily rate and than put value in compounding rate formula.

Daily interest rate = 2.92%/365 = 0.008 %

Interest rate 228 = (1+I%)^n -1

Interest rate 228 = (1+0.008%)^228-1  = 1.8407%

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The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military
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Answer:

A. Multifactor productivity

Original Value of output 2500 un. x $200/un. = $500,000 Value of input 2500 un x $120/un. = $300,000 Multi-factor productivity $500,000/$300,000 = 1.67 Overtime Value of output 4000 un. x $200/un. = $800,000 Value of input 4000 un. x $144/un. = $576,000 Multi-factor productivity $800,000/$576,000 = 1.39 Multi-factor productivity (1.67 – 1.39) / 1.67 = 16.8% decrease

B. LABOR PRODUCTIVITY

Original Value of output 2500 un. x $200/un. = $500,000 Input = (100 people x 40 hr/person) = 4000 hours Labor productivity $500,000/4000 hr = $125/hr Overtime Value of output 4000 un. x $200/un. = $800,000 Input = (100 people x 72 hr/person) = 7200 hours Labor productivity $800,000/7200 hr = $111/hr Labor productivity ($125/hr – $111/hr) / $125/hr = 11.1% decrease

C.GROSS PROFITS

Original $500,000 - $300,000 = $200,000 Overtime $800,000 - $576,000 = $224,000

$24,000 increase

5 0
2 years ago
At the end of World War II many European countries were rebuilding and so were eager to buy capital goods and had rising incomes
fenix001 [56]

We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total demand for goods and services within an economy.

Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.

<h3>Answer Options:</h3>

a. Both the US and Europe

b. The US, but not Europe

c. Europe, but not the US

d. Neither the US nor Europe

Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>

Learn more about aggregate demand at brainly.com/question/1490249

8 0
2 years ago
What tax event must take place when a taxpayer receives a Form 1099-A?
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Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.
8 0
2 years ago
An expectant mother has arranged for her massage therapist to provide gentle hand, arm, and neck massage for the client while sh
8090 [49]

Answer:

c) Increasing use of alternative treatment modalities

Explanation:

According to my research on studies conducted by various medical professionals, I can say that based on the information provided within the question this is an example of Increasing use of alternative treatment modalities. Many expecting mothers today are making certain arrangements like the one described as it puts them in a more relaxed state and relieves stress which in turn is good for the baby.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricat
ivann1987 [24]

Answer:

Cost per equivalent unit Materials =  $ 2.82

Cost per equivalent unit Conversion =  $2.65

Explanation:

Richards Corporation

1) We first calculate the fifo equivalent units .

FIFO Equivalent units can be calculated by the following.

Particulars          Units        % of Completion             Equivalent Units

                                              Mat. Con. Costs       Materials C. Costs

Transferred out, 366,000        100       100             366,000   366,000

Ending inventory, 39,000         30         15              11700         5850

Total Weighted Equivalent Units                           377,700     371,850

Less

<u> Beginning Inventory: 98,000, 80%  20%             78,400        18000</u>

<u>FIFO Equivalent Units                                          299,300       353,850 </u>  

2) We calculate the total costs

                                                   Direct Materials  Conversion

Costs in beginning Work in Process -$55,200       $97,700

<u>Costs incurred in October -                 $844,050      $937,300. </u>

Total Cost                                           $ 899250         1035,000  

<u />

<u>3) In FIFO The cost per unit is  based only on the current costs and current period unit productions.</u>

Materials = $844050/299300= $2.82

Conversion = 937,300  / 353,850   = 2.6488= $2.65

8 0
3 years ago
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