Answer:
$1,360.20 and $1,337.35
Explanation:
In this question, we have to used the Future value formula that is shown below:
Future value = Present value × (1 + rate)^number of years
For Staci, it would be
Present value = $950
Rate = 7.2% ÷ 12 months = 0.6%
Number of years = 5 year × 12 months = 60
So, the future value
= $950 × (1 + 0.6%)^60
= $950 × 1.431788412
= $1,360.20
For Shelli, it would be
Present value = $900
Rate = 8% ÷ 4 quarters = 2%
Number of years = 5 year × 4 quarters = 20
So, the future value
= $950 × (1 + 2%)^20
= $950 × 1.485947396
= $1,337.35
Answer:
7.6%
Explanation:
The formula for calculating the Required return is:
Required return = Dividend yield + Capital Gain Yield
Hence,
13% = Dividend Yield + 5.40%
Dividend Yield = 7.60%.
Hope this helps.
Goodluck.
Answer:
The quantities of products that should be produced each month are:
300, 300, 300, 300, and 300 respectively.
Explanation:
a) Data and Calculations:
Production Scheduling Based on Level Strategy:
Month 1 Month 2 Month 3 Month 4 Month 5 Total
Beginning Inventory 0 100 100 -100 -100 0
Production 300 300 300 300 300 1,500
Forecast Demand 200 300 500 300 200 1,500
Ending Inventory 100 100 -100 -100 0 0
b) The implication is that the firm will be running in shortage for two months within the five months period. This is not ideal to meet customers' demands. It appears very costly with the holding and shortage costs throughout the period.
Answer:
B, reduced supply of labor, higher wages
Explanation:
Government laws have a minimum wage that has to be earned by the company to employ a person.
