Solution:
The total cost for the company is the sum of its fixed cost and variable costs.
Corporate expenditures that do not depend on the amount of goods or services provided by the company are fixed costs.
Variable costs are expenses that change when changes occur in the sum of the good or service produced by a company.
C(x) = 90000 + 100x
C(110) = 90000 + 100 ( 110 )
C(110) = 90,000 + 11, 000 = 101,000
It costs $101,000 to produce 110 bicycles.
Answer:
The correct answer is $20,369.65.
Explanation:
According to the scenario, the computation of the given data are as follows:
Payment (pmt) = $2,025
Discount rate ( rate) = 7%
Time period ( Nper) ( 6 -23 years) = 18 years
So, we can calculate the Present value by using financial calculator.
Attachment is attached below.
So, Present Value = $20,369.65
<span>An employee is in a BOND when a company purchases an insurance policy against losses from theft by that employee.
Every business owners are advised to bond their employees under Employee Theft Bond upon hiring. This is to protect their businesses from employee theft and avoid possible bankruptcy. Despite rigorous filtering of new hires, there is still a big possibility that employees will steal from the company especially if company transactions are mostly done in cash to cash basis. </span>
