<span>Answer: $214,356.19
Explanation: Present value of Annuity = P[(1-(1+r)^-n)/r]
= 67000(1-(1+0.17)^-5/0.17) = 214,356.19</span>
Answer:
Option (b) is correct.
Explanation:
Given that,
Budgeted production (September) = 50,000
Direct labor time for producing each sneaker = 2 hours
Direct labor wages average = $15 per hour
Direct labor budget for September:
= Budgeted production of sneaker in September × direct labor time require for each sneaker × Direct labor wages average per hour
= 50,000 × 2 hour × $15
= $1,500,000
Therefore, the direct labor cost budgeted for September is $1,500,000.
Answer:
The problem with variable rates is that they vary, i.e., they might unexpectedly increase and the increase might be pretty significant. One of the main factors leading to the Great Recession was the housing bubble and the increase in mortgage interest rates. Normally, interest rates tend to increase, they might sometimes decrease, but generally they only go up and up.
Even though the fixed interest rate might be higher, it will not change and that guarantees that you will always pay the same amount and that you can prepare your personal budget to cover it.
Answer:
1.You’re unrealistic. We all want to be able to have unlimited amounts of money.
2. You think budgeting is too complicated. Don’t be scared. Budgets are fun!
Explanation:
Strategy: Take it slow and go with the flow don't get so excited about the fact of making money.
Answer:
"Cold calling" or "cold messaging" is of the most irritating methods to the potential customers.
This is because cold calling tends to be very long. It is time wasting and frustrating to the listener, especially when they are not interested in the advertisement, acknowledgement of the products. In addition, this method has the characteristic of unprofessional and like spammer. Cold calling makes every listener the same and it can make the potential customers irritated feeling they are not respected by the firm.
