You should open a joint bank account. Joint allows deposit or withdraw cash from your dual income. Can share with your family members. Income is safe with you having a joint account because you can monitor transaction.
Answer:
<em>The answer will be 136.11
</em>
Explanation:
Because since the cost of the basket in 2005 is = (3x20) + (4 x 12) = 108; And the cost of basket in 2006 is = (3x25) + (4 x 18) = 147
To calculate the CPI,
- <em>Put a sampling of product prices from a previous year. </em>
- <em>Then, put the current prices of the same items together. </em>
- <em>Divide the current total prices by the old prices and then subtract the sum by 100.</em>
The Consumer Price Index (CPI) for 2006 = <em>(147/108) x 100 = 136.11</em>
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The type of competition-based pricing used by other beer manufacturer is the Price leadership type of competition-based pricing
Basically, the competition-based pricing refers to price decision-making by a firm which are majorly influenced by the price its dominant competitors of same product.
There are three type of competition-based pricing and includes Price leadership. Predatory pricing and Going-rate pricing.
The Price leadership is a type of competition-based pricing where setting of prices in a market by a dominant company are followed by others company in same market.
Therefore, the type of competition-based pricing used by other beer manufacturer is the Price leadership.
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<em>brainly.com/question/6429008</em>
Answer:
1. Assuming a discount rate of 14%, compute the net present value of each piece of equipment.
- Puro equipment: $255,203
- Briggs equipment: $318,944
2. A third option has surfaced for equipment purchased from an out-of-state supplier. The cost is also $560,000, but this equipment will produce even cash flows over its 5-year life. What must the annual cash flow be for this equipment to be selected over the other two
Explanation:
Year Puro Equipment Briggs Equipment
0 -$560,000 -$560,000
1 $320,000 $120,000
2 $280,000 $120,000
3 $240,000 $320,000
4 $160,000 $400,000
5 $120,000 $440,000
I used an excel spreadsheet to calculate the NPVs
the PV of the third equipment's annual cash flow should be higher than $878,944 (PV of Brigg's cash flows = $560,000 + $318,944)
now I used a annuity table: annuity factor for 5 years and 14% is 3.4331
cash flow x 3.4331 ≥ $878,944
cash flow ≥ $878,944 / 3.4331 = $256,021