Answer: $74569
Explanation:
Based on the information given in the question, the amount that can be borrowed is explained below:
Present value of annuity will e calculated as:
= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)
= 600 × [1-(1+0.0075)^-(360)] / 0.0075
= 600 × 1-(1.0075)^-(360)] / 0.0075
= 600 × [1-0.0678860074] / 0.0075
= 600 × 124.282
= 74569
The amount that can be borrowed is $74569
Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.
The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.
Calculation,
The demand equation q=20,000 p^(-1.4)
The production constant is $0.50
maximum profit= $1.75
The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.
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Answer:
Explanation:
Match the following terms with their definitions.
A. Confusion and Inconvenience :inflation decreases the reliability of the unit of account making it more complicated to differentiate successful and unsuccessful firms thereby impeding the efficient allocation of funds to alternative investments.
B. Shoeleather costs : the resources wasted when inflation induces people to reduce their money holdings.
C. Relative Price Variability : because prices change infrequently, higher inflation causes relative prices to vary more. Decisions based on relative prices are then distorted so that resources may not be allocated efficiently.
D. Unexpected Inflation :inflation decreases the real value of debt thereby transferring wealth from creditors to debtors.
E. Menu costs the cost of more frequent price changes at higher inflation rates.
F. Inflation Induced Tax Distortions
:the income tax is not completely indexed for inflation; an increase in nominal income created by inflation results in higher real tax rates that discourage savings.
Answer:
the Opening retained earning balance is $413,640
Explanation:
The computation of the retained earnings have been on December 31, 2016 is shown below:
As we know that
Ending retained earning balance = Opening retained earning balance + net income - dividend paid
$490,953 = Opening retained earning balance + $135,075 - $57,762
$490,953 = Opening retained earning balance + $77,313
So, the Opening retained earning balance is $413,640
Answer:
In this growing economy and competitive world, it is important for any business to maintain a good customer relationship by providing value to the customers. However, focusing only on profit maximization will not benefit the business in the long run.
Focusing on profit maximizing the profit will benefit the organisation in the short term and the company will only think about business interest keeping the costumers and society interest aside.
Explanation:
