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hoa [83]
3 years ago
9

You have $425 today which is enough to buy 17 shirts. If the price of shirts are expected to increase by 2% over the next year,

what (precise) nominal rate would you have to earn to be able to buy 20 shirts next year
Business
1 answer:
d1i1m1o1n [39]3 years ago
3 0

Answer:

The precise nominal rate you have to earn to be able to buy 20 shirts next year is $510.

Explanation:

a) Data and Calculations:

Earnings today = $425

Number of shirts bought = 17

Therefore, the cost of each shirt = $425/17 = $25

If the price of shirts increases by 2%, the new cost will be $25.50 ($25 * 1.02)

This implies that to be able to buy 20 shirts next year, you will earn $510 ($25.50 * 20).

b) In this case, earnings are influenced by the number and price of shirts needed next year.

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At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
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Answer:

Bargain Electronics

Bargain Electronics would realize a net income of $6,000 by accepting the special order.

Explanation:

a) data and Calculations:

Production costs of MP3 Player:

Variable cost = $20

Fixed cost = $10

Total costs = $30

Selling price = $45

Special order from a foreign wholesaler = 3,000 units

Special order selling price = $25 per unit

Additional special shipping costs per unit = $3

Variable production costs =  $20

Total costs for the special order = $23 ($3 + $20)

Net income from special order = $6,000 ($2 * 3,000)

8 0
3 years ago
In what IT pathway would you most likely need to be familiar with the system development life cycle?
stealth61 [152]
Hello
the answer is b
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8 0
4 years ago
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I really could use help
vazorg [7]

Answer:

pretty sure its arbitration

Explanation:

I looked up the meanings

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5 0
3 years ago
Wizard Co. purchased two machines for $250,000 each on January 2, 2005.
Vikki [24]

Answer:

B. $275,000

Explanation:

The second machine will be depreciate over time as it can later be used for operational purposes or another research projects. The first, as can only be used for a  research project It should be considered expenses for the entire amount regardless of the useful life.

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7 0
3 years ago
Stated value of no-par stock is:
sdas [7]

Answer: The correct answer is "e. An amount assigned to no-par stock by the corporation's board of directors.".

Explanation: Stated value of no-par stock is: <u>An amount assigned to no-par stock by the corporation's board of directors.</u>

<u>The board of directors of the corporation are those who designate a declared value for no-par stock.</u>

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3 years ago
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