Answer:
e. $153,156
Explanation:
From 9/1/14, he needs $50,000 every year for 4 years to fund the tuition fees. Therefore, present value of the amount needed at 9/1/14 using the Present value of annuity due formula
= 50,000 * {1+ (1/(1.05)^4) } / 0.05 * (1.05)
= $186,162
$186,162 is the amount needed after 4 years. Amount you need to invest today to have this amount in four years = $186,162/(1.05)^4 = $186,162/1.21550625 = $153,156.40
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494 (this was on google lol)
Answer:
C) Yes: The one-week measures show demand is elastic, so a price increase will reduce revenues.
Explanation:
The error that the Manager did was to under-estimate the principles of elasticity of demand that posits that increase in price is inversely proprtional to demand. Perhaps, she also overrated the quality of their services without given thoughts to the presence of competition and customers’ decisions in a competitive market.
The survey carried out was a proof of the fact that price increase had an inverse effect on the demand for the services, as was shown by the rate of decline in the number of customers who enrolled in Verizon's cellular plans especially in those states where they had the best of customers’ loyalty.
Answer:
Organizations that are involved in the process of producing, promoting, and delivering company products to its user but are not active participants in selling of the products are referred to as intermediaries (or resellers or middlemen).
They are the bridge between the producers and the users.
Answer:
It gives the increment of $5,900.
Explanation:
For computing the increment effect, the following things is need to be considered.
1. Incremental sales of reworking cost = Sales price - rework cost
= $58,100 - $6,600
= $51,500
2. Scrap value = $45,600
As in the give question, the incremental value is computed based on reworking rather than scrap value. So, the scrap value amount is to be deducted from the incremental sales of reworking cost.
The amount is equals to
= $55,100 - $45,600
= $5,900
Thus, it gives the increment of $5,900.
