Answer:
The monthly cost for 11 HCF would be $ 35.69.
Explanation:
Consider the linear function that represents the amount of water ( in dollars ) for x HCF of used water,
y = mx + c
Where, m is the slope of the function,
We have, m = 1.45,
So, the function would be,
y = 1.45x + c
If y = $ 44.39 and x = 17,
This implies,
44.39 = 1.45(17) + c
44.39 = 24.65 + c
44.39 - 24.65 = c
19.74 = c
Thus, the required equation that shows the amount of water for x HCF of water is,
y = 1.45x + 19.74
For x = 11 HCF,
The amount of water for 11 HCF of water,
y = 1.45(11) + 19.74
y = 15.95 + 19.74
y = 35.69
Hence, the monthly cost for 11 HCF would be $ 35.69.
An approach to managing organizations that emphasizes the division of labor and favors hierarchy is the classical management approach.
Hierarchy is a system for placing people in different ranks or degrees of importance in society, company, etc. Like most other American companies with strict hierarchies, workers and managers had clear obligations. The lower the level of the pyramid, the more important your needs.
Hierarchy definition is a group of people or things arranged in a hierarchy or people at the top of such a system. An example of a hierarchy is the corporate ladder. An example of a hierarchy is the various levels of priests in the Catholic Church.
Learn more about hierarchy at
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Answer:
(a) The following points explain the application of the cost principle to plant assets.
1.Under the cost principle, the acquisition cost for a plant asset includes all expenditures necessary to acquire the asset and make it ready for its intended use.
2.Cost is measured by the cash paid in a cash transaction or by the cash equivalent price paid when non cash assets are used in payment.
3.The cash equivalent price is equal to the fair market value of the asset given up or the fair market value of the asset received, whichever is more clearly determinable.
(b) Following is the list of transactions and items to be debited.
1. Land
2. Factory Machine
3. Delivery Truck
4. Land Improvements
5. Delivery Truck
6. Factory Machine
7. Prepaid Insurance
8. License Expense
Explanation:
Answer: $88289.8
Explanation:
Here's the complete question:
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays 9.5% compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?
The future value of an annuity will be calculated using the formula:
= A((1+r)^n)-1)/r
Where,
A = the annuity payment = 3500
r = the interest rate = 9.5% compounded quarterly = 9.5% / 4 = 0.095 / 4 = 0.2375
n = the number of time periods = 4 × 5 = 20
We then substitute the values and we will get:
= A((1+r)^n)-1)/r
= 3000 × (1.02375^20-1) / 0.02375
= $88289.8
