Answer:
False
Explanation:
Starting to invest early for retirement reduces the benefits of compound interest
Answer:
She must invest $75732.63
Explanation:
Well firstly we look at the problem in 4 years time and start calculating the present value in four years.
using a financial calculator
n= 6, I= 15% , PMT = cash withdrawals = $35000, Fv = 0 pv =132456.89
that we take that Present value in four years make it future value in current year
Fv = 132456.89, with same data and compute new present value= 75732.63
Answer:
$9 profit are made per unit sales.
650 unit sales should be made.
Explanation:
STEP1: What will be Hooper's profit in selling one sweatshirt.
Profit = selling price - cost price
Cost price includes all the expenses done.
Profit = $34 - ($8 + $17) = $9
Therefore Hooper will have $9 as profit if one student sales one sweatshirt.
STEP2: The Quantity of sweatshirt that Hooper needs to purchase in order to achieve his profit target.
Since he Target $5,850.
Therefore:
$5,850 ÷ $9 = 650 sweatshirt
Therefore;
If Hooper sales the sweatshirt at $34 per unit, he will achieve $9 as profit. And if he chooses to achieve $5,850 as profit, he has to place a one time order for 650 sweatshirt, that may arrive in batches.
Answer:
"A"
Explanation:
Strict product liability is a law established to protect the interest of consumers , where a producer or seller of a product is liable for a defective product , even if the plaintiff demonstrated a degree of negligence.
Under this rule , any person who produces a defective goods is liable if the good should find its way into the market and causes damages to consumer .
In the question , the only point that proves that the good originated from Breakfast foods is the it profits from the sale of its waffle irons.
Options:
A. Public prosecutor
B. Government Accountant
C. Internal auditor
D. Public accountant
Answer: C. Internal Auditor.
Explanation: An Auditor is a professional whose main responsibility is to evaluate processes or systems in order to determine and expose areas where losses or failures are taking place in order to mitigate or correct these losses and failures. There are two types of Auditors, which includes INTERNAL AUDITOR (An Auditor employed by a firm to continuously audit its processes,accounts or system) and EXTERNAL AUDITOR(An Auditor contracted from external bodies in order to audit a firm).