Answer:
$121,363
Explanation:
The amount in 30 years is known as the Future Value (FV) . We arrive at this figure by compounding the Present Value using the interest earned on the savings as follows :
PV = $50,000
P/yr = 1
N = 30
PMT = $ 0
i = 3 %
FV = ?
Using a Financial calculator to enter the amounts as shown above, the FV can be determined as $121,363
Answer:
Dallas Boot Corporation
Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________
= $20.
Explanation:
a) Data and Calculations:
Pairs of military combat boots on the bid = 1,000
Direct material $8
Direct labor 6
Variable overhead 3
Variable selling cost (commission) 3
Fixed overhead (allocated) 2
Fixed selling and administrative cost 1
Total cost of production and sales $23
Less commission 3
Total cost per boot $20
b) The bidding price less sales commission will be a price that is greater than $20 per boot. The extra amount per boot will cover the profit expected from the transaction.
At a nominal interest rate of i i convertible semiannually, an investment of 1,000 immediately and 1,500 at the end of the first year will accumulate to 2,600 at the end of the second year. Calculate i i.
I looked up the question, since this one is incomplete. I've attached an image of the correct chart. Elvis' marginal benefit of the fourth sandwich is his total benefit of eating 4 sandwich minus his total benefit from eating 3 sandwiches.
Looking at the chart, we see that this gives us 81-75 = 6.
Therefore, the Marginal Benefit of a fourth sandwich is 6.
Globalization affects all lives across the world with the world being completely connected by it. All of the points given here are valid.
Explanation:
Due to a globalized economy we are able to -
-Buy clothes and items from across the world and get them shipped to us. We also are able to buy things made in different parts of the world.
- The communication between the whole world is now clicks away from each other
- The websites we use are created in other countries sometimes.
-The businesses in one's own country are often foreign businesses.
All of these are things that are happening due to globalization as the world has become completely interconnected and interdependent.