A player in a game theoretic model is: a. anyone working for a firm that is operating strategically b. a firm that is operating
1 answer:
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Answer:
$5,430.76
Explanation:
For this question, we use the Future value formula that is shown on the attachment. Kindly find it below:
Data provided in the question
Present value = $0
Rate of interest = 5%
NPER = 4 years
PMT = $1,200
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $5,430.76
The total overhead cost is attached as an image with the solution.
What is overhead cost?
- The term "overhead" refers to a company's continuing operating expenses but does not include the direct expenditures involved in producing a good or service.
- Overhead expenses may be fixed, fluctuating, or a combination of the two.
- There are various types of overhead, including administrative overhead, which covers expenses linked to running a business.
- The income statement lists administrative costs.
Overhead costs are recorded on an organization's income statement and have a direct impact on the overall profitability of the enterprise. To calculate net income, commonly known as the bottom line for the corporation, overhead costs must be taken into consideration. Net revenue, often known as the top line for the business, is subtracted from all production-related and overhead costs to determine net profitability.
The total overhead cost is attached as an image with the solution.
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