Answer:
A
Be direct with your response and don't beat around the bush, because that will make the person who has requested something bored and anticipating what has taken you so long to get to the point.
Answer:
$2,583
Explanation:
The required value of your account at year 35 is:
$70,000 / 0.1 = $700,000
FV = $700,000. This is the required amount you need to have in your account 35 years from now
i/r = 10%. The interest that the account pays
n = 35 years
PV = 0
PMT (The amount of annual deposit required to achieve the target above. This is the missing value we need to calculate)
By using financial calculator, we obtain:
PMT = $2,583
Cost of goods sold=
beginning inventory+purchase-ending inventory
cost of goods sold
=6,500+21,500−8,500
=19,500
Answer:
b) $0.40 per unit and $8,000.
Explanation:
The computation of the high-low method, the variable cost per unit and the total fixed costs is given below:-
Total Cost Production Units
April $120,000 280,000
May $74,000 165,000
June $90,900 230,000
Using High Low method
Variable Cost per unit = (High Cost - low Cost) ÷ (High Cost Units - low Cost Units)
= ($120,000 - $74,000) ÷ (280,000 - 165,000
)
= $46,000 ÷ 115,000
= $0.40
Fixed Cost = Total Cost - Variable Cost per unit × Production unit
= $120,000 - $0.40 × 280,000
= $8,000
Answer:
PV= $40,000
Explanation:
Giving the following information:
Perpetuity of $6,000 per year beginning one year from today is said to offer a 15% interest rate.
To calculate the present value, we need to use the following formula:
PV= Cf/i
Cf= cash flow
i= interest rate
PV= 6,000/0.15
PV= $40,000
