Shopping malls, hotels, office parks, and residential areas that are located near the intersection of major highways are called
1 answer:
You might be interested in
Answer: 25,200 pounds
Explanation:
Your question is incomplete as it lacked the first part. I attached a completion that I found.
The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.
This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.
Remember that each cushion requires 2 pounds of foam as stuffing.
Pounds required in August
= 12,000 cushions * 2
= 24,000 pounds
Opening Stock
= 30% * (12,000 * 2)
= 7,200 pounds
Closing stock
= 30% * ( 14,000 * 2)
= 8,400 pounds.
Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock
= 24,000 + 8,400 - 7,200
= 25,200
25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.
Answer: (D) 5.90%
Explanation: David is going to buy a new car at $21,349.
The down payment is $3,000.
Loan amount (Present value) = $21,349 - $3,000
Loan amount (Present Value) = $18,349
Installment amount (pmt) = $352
As the payment is made monthly (12 months in a year),
Number of payments = 5 * 12
Number of payments = 60
Using the rate option in excel,
Insert the variables into the option, we get
By inserting the above formula in excel we get,
Rate = 0.47%
Rate of 0.47% is monthly, to get APR
APR = 0.0586
APR = 5.86% or 5.90%
Therefore the correct option is 5.90%.