Hello,
Here is your answer:
The proper answer to this question is "misconception".
If you need anymore help feel free to ask me!
Hope this helps!
Answer:
A
Explanation:
When there is non satiation, a consumer is yet to be fully satisfied, thus the consumer would benefit from additional consumption up to the point that utility is reached.
completeness means that if a consumer prefers bundle b to c or choice c to b. the consumer is indifferent between both choices
Indifference means that a consumer does not mind various combination of two goods that are on the same indiffernce curve
Answer:
Total cash required= (15,820)
Explanation:
Giving the following information:
Crane Corporation is projecting a cash balance of $33,900 in its December 31, 2019, balance sheet. Crane’s schedule of expected collections from customers for the first quarter of 2020 shows total collections of $209,050. The schedule of expected payments for direct materials for the first quarter of 2020 shows total payments of $48,590. Other information gathered for the first quarter of 2020 is: sale of equipment $3,390; direct labor $79,100, manufacturing overhead $39,550, selling and administrative expenses $50,850; and purchase of securities $15,820. Crane wants to maintain a balance of at least $28,250 cash at the end of each quarter.
Cash budget:
From last year= 33,900
Collections= 209,050
Direct material= (48,590)
Equipment= 3,390
Direct labor= (79,100)
Overhead= (39,550)
Selling and administrative expenses= (50,850)
Securities= (15,820)
Ending inventory= (28,250)
Total= (15,820)
<span>The money Suzie needed is $388,683.83.
To calculate this we use the following formula;
= 42,000 ×((1 - (1 / (1 + .0975)</span>²⁵))<span> / .0975
=42000 x (1 - (1/10.2355980492) / 0.0975
=42000 x (1 - 0.0976982483) / 0.0975
=42000 x (0.9023017517) / 0.0975
=37896.6735714 / 0.0975
= $388,683.83150153
= $388,683.83</span>