1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
const2013 [10]
3 years ago
9

What's the future value of an investment of $1 a year for each of 4 years, at the end of the last year? Suppose the interest rat

e is 8%.
Business
1 answer:
Wewaii [24]3 years ago
3 0

Answer:

4.51

Explanation:

We have to calculate fva. The future value of annuity

Here is the formula

Fva = A [( + I)^n-1/I]

Where a = annuity

I = interest rate

N = number of years

Inserting into formula

1[(1+0.08)^4 - 1/0.08]

= 1[(1.36049 - 1)/0.08]

= 4.51

Therefore the future investment is $4.51

You might be interested in
Use the following data to compute total manufacturing costs for the month: Sales commissions $ 10,800 Direct labor 39,600 Indire
soldi70 [24.7K]

Answer:

$125,300

Explanation:

The computation of the total manufacturing cost is shown below:

Total manufacturing cost = Direct material cost + direct labor cost +  Indirect materials + Factory manager salaries + Factory supplies + Indirect labor + Depreciation on factory equipment

= $40,500 + $39,600 + $15,200 + $7,200 + $9,000 + $6,300 + $7,500

= $125,300

6 0
3 years ago
Aziz company sells two types of products, Baste and Deluxe . The company provides technical support for users of its products at
klio [65]

Answer:

1.$25

2. Deluxe $13,000

Basic $5,500

Explanation:

1. Calculation to determine the company's cost of technical support per customer service call.

Using this formula

Cost of technical support per customer service call = Expected cost / Expected customer service call

Let plug in the formula

Cost of technical support per customer service call = $150,000 / 10,000

Cost of technical support per customer service call = $25 per customer service call

Therefore the company's cost of technical support per customer service call is $25 per customer service call

2. Calculation to Assign technical support costs to each model using activity based costing

Model Activity Rate (a) Cost driver quantity incurred (b) Allocated Cost (a*b)

Deluxe $25 *520calls = $13,000

Basic $25* 220 calls = $5,500

Therefore the technical support costs assign to each model using activity based costing (ABC) is:

Deluxe $13,000

Basic $5,500

8 0
2 years ago
You have been asked to analyze the Value Net of the craft brewing and distilling industries in your state, and you have observed
RUDIKE [14]

Answer:

The answer is: Complementary goods and services

Explanation:

Complementary goods and services are used with another good or service. For example, sugar is complementary to coffee, fuel is complementary to cars, etc.

Usually when the price or the quantity demanded of a complementary good or service changes, the other complementary good will be affected.

In this question, we are told that restaurants and lodging facilities are complementary to beer. So if the price of beer decreases (increasing the quantity demanded), the demand for restaurants and lodges will increase.

5 0
3 years ago
Select the items below that describe rational behavior in economics
Lana71 [14]

In economics rational behavior involves getting the most satsfaction from a choice and working within the given conditions.

3 0
3 years ago
Why is questioning such an important leadership skill?
irakobra [83]

Answer:

D. Questioning is a good way for the leader to stay in command.

Explanation:

It is known in new management jobs to panic because some would say or be open enough to feel apprehension or at worse to feel perceived as a fraud as skills are not advanced in new management jobs to full fill the criteria for a specialist role. When questioning, the process of learning by asking questions and listening. The more a manager listened, the better his or her questions became and the more they had learned. Questions also helped managers clarify their own thinking on projects, workflow, and strategies for their new unit.

How well do you ask questions? From some managers experience, most managers and leaders don't think about this issue very often. The "ability to ask questions" doesn't usually show up on any list of managerial competencies or job description requirements. However, asking questions effectively is a major component of any manager or leader's job, and asking good questions often distinguishes outstanding leaders and managers from average ones (or worse, poor ones).

7 0
3 years ago
Other questions:
  • Which of the following can help an entrepreneur enter the business market of a different country? A. Creating a Web business B.
    15·1 answer
  • The equation 4 + 4 = 8 would be considered a scientific _____. theory
    8·1 answer
  • Which factor most directly affects a furniture company's supply?
    14·1 answer
  • What is trade? It's for Personal Finance.
    14·1 answer
  • What is the primary focus of marketing philosophy? Selling the product at the highest possible price Managing activities to maxi
    12·1 answer
  • Imagine you work for a company that produces cleaning products, such as S.C. Johnson & Son or Method Products. Technological
    15·1 answer
  • On June 1 st a hotelâ s balance sheet shows assets of $6,400,000 and ownersâ equity of $2,000,000 what is the amount of the hote
    7·1 answer
  • Which of the following is not included in the computation of the quick ratio? a. Accounts receivable b. Marketable securities c.
    13·1 answer
  • McCoy Brothers manufactures and sells two products, A and Z in the ratio of 5:2. Product A sells for $75; Z sells for $95. Varia
    11·1 answer
  • Which part of the business plan gives you a chance to explain why you want to start the company Question 5 options: financial pl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!