Answer:
$619.75
Explanation:
This is a problem of future value with compounded interest.
The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:
For a $550 investment at 4% per year for 3 years, the future value is:
In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.
Answer: All of the other answer choices are true.
Explanation:
FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.
The following are true regarding the FIFO method:
• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.
• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.
• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.
Therefore, the correct option is D as all are true.
Answer:
Someone taking a course in Web design is affecting human capital.
A country with an absolute advantage over another country achieves this if their production costs are lower.
Absolute advantage means a company or individual out perform another more efficiently. In this case, if two companies are making a product and one selling them for the same price, but one company can make the product for cheaper, they have an absolute advantage.
Answer:
A social security number
Explanation:
Categorical data is type of data that can be divided into groups or the data which defines a category
Here, in the given question
Score on a multiple-choice exam, Height, in meters, of a diving board and number of square feet of carpet are the quantitative data which means the data quantifies a sample with a particular value.
While A social security number defines a certain category of people.
