Answer:
It will take 464 weeks.
Explanation:
Giving the following information:
Future value (FV)= $8,400
Present value (PV)= $5,000
Interest rate (i)= 0.058/52= 0.00112
<u>To calculate the number of weeks required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(8,400/5,000) / ln(1.00112)
n= 463.47 = 646
Answer:
D) $3,285.
Explanation:
Date Purchases Sales
Jan. 1 initial inventory 500 @ $9
Jan. 14 375 @ $14
Jan. 17 250 @ $10
Jan. 25 250 @ $11
Jan. 29 260 @ $16
January 31 only 365 units left.
Under LIFO what is the cost of inventory?
365 units x $9 per unit = $3,285
Answer:
1,3,5
Explanation:
Those are the most efficient
Answer:
supply curve for electric and hybrid autos will shift rightward.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
In this scenario, the battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. As the price of these batteries decline, we expect that the supply curve for electric and hybrid autos will shift rightward i.e it would increase.
In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price).