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goldenfox [79]
3 years ago
6

In order to find the future worth, F, from a present amount, P, 5 years from now at an interest rate of 6 % per year, compounded

quarterly, what interest rate must be used in the F/P factor, (F/P,i%,n), when n is 20 quarters
Business
1 answer:
Vlad [161]3 years ago
8 0

Answer:

Interest rate = 1.5%

Explanation:

Given:

Future value = F

Present value = P

Number of Year (n) = 5 year × 4 quarters = 20

Interest rate = 6 % per year = 6 / 4 = 1.5% = 0.015

Computation:

Future value = Present value(1+i)^n

F/P = (1+0.015)²⁰

F/P = 1.34685501

When n = 20 quarters

F/P = (1+i)²⁰

1.34685501 = (1+i)²⁰

i = 0.015

Interest rate = 1.5%

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On December 31, Cruise Company has 18,000 units of an inventory item, which cost $46 per unit when purchased on June 15. The sel
Maksim231197 [3]

Answer:

the inventory be reported at on the December 31 balance sheet is $828,000

Explanation:

Here the inventory should be recorded at lower of cost or net realizable value

Since the cost per unit is $46

And, the net realizable value is $48

So, the lowest cost per unit is $46

Now the ending inventory reported is

= 18,000 units × $46 per unit

= $828,000

hence, the inventory be reported at on the December 31 balance sheet is $828,000

6 0
2 years ago
A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. what is the unit selling price?
lora16 [44]

If a company has a unit contribution margin of $80 and a contribution margin ratio of 50%. Then its unit selling price is $160 therefore option (d) is the correct answer.

Contribution margin, or dollar contribution in keeping with the unit, is the selling fee in step with the unit minus the variable price in line with the unit. "Contribution" represents the portion of sales that isn't eaten up by variable prices and so contributes to the coverage of fixed fees. The contribution margin is computed because of the promoting charge per unit, minus the variable value according to the unit. Additionally known as greenback contribution per unit, the measure indicates how a specific product contributes to the general income of the business enterprise.

To calculate the unit selling price use the formula

Unit selling price = contribution margin / contribution margin ratio

Unit selling price = $80 / 50%

Unit selling price = $160

Therefore option d) $160 is the correct answer

The contribution margin ratio of a business is the same as its revenue much less all variable fees, divided by means of its sales. It represents the marginal gain of producing one more unit.

Learn more about the Contribution margin here brainly.com/question/24881206

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3 0
1 year ago
When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
IRISSAK [1]

Based on the restaurant prices for pizza and the different quantities that they will offer the pizzas, the slope of demand curve is -0.025

<h3>What is the slope of the demand curve?</h3>

The slope can be found as:

= Change in price / Change in quantity

Solving gives:

= (5 - 10) / (300 - 100)

= -5 / 200

= -0.025

In conclusion, the slope of the demand curve is -0.025

Find out more on the demand curve at brainly.com/question/1139186

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A marketing activity that can be considered a privacy risk is ___
Kazeer [188]
Electronic Profiling is your answer. I hope I helped:)
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3 years ago
How can inappropriate use of power by managers have a negative effect on employees? How might it negatively affect the business?
Kruka [31]
The inappropriate use by managers may get out and stop customers from shopping there 
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