Answer:
Regency Bank : $51,347.27
King Bank : $46,590.99
Explanation:
The formula for calculating future value:
FV = P (1 + r)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
Regency Bank : $7,600 x (1.01)^(16 x 12) = $51,347.27
King Bank : $7600 x 1.12^16 = $46,590.99
Answer:
Annual depreciation= $189,600
Explanation:
Giving the following information:
On January 1, 2017, anodel, Inc. acquired a machine for 1,010,000. the estimated useful life of the asset is five years. residual value at the end of five years is estimated to be 62000.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,010,000 - 62,000)/5= $189,600
Answer:
It would appear that she develops a participatory leadership or management.
Explanation:
"Theory Y managers have an optimistic, positive opinion of their people, and they use a decentralized, participative management style. This encourages a more collaborative, trust-based relationship between managers and their team members.
People have greater responsibility, and managers encourage them to develop their skills and suggest improvements. Appraisals are regular but, unlike in Theory X [authoritative] organizations, they are used to encourage open communication rather than control staff."
Reference: Mind Tools Content Team. “Theory X and Theory Y: Understanding People's Motivations.” Team Management Training from MindTools.com, 2019.
Early personal computer users remember the cumbersome, user-unfriendly "DOS" system. When Apple introduced System 1 and Microsoft introduced Windows, both of which were much easier to use, these new products diffused rapidly because of their relative advantage
.
Option A
<u>Explanation:
</u>
A product's dominance and market appeal over similar items. A competitive advantage is usually accomplished by giving better value to customers through either reducing prices or delivering added quality and service that justify higher costs.
That idea is based on consumer brand and product perceptions and does not necessarily reflect the actual characteristics of this product or service. The definition helps companies to consider that customers would choose to use this product or whether a rival would rather remain faithful to the already existing product.
Answer:
Unitary variable cost= $40
Total variable cost= $800,000
Explanation:
Giving the following information:
Direct materials $ 10 per unit
Direct labor $ 20 per unit
Overhead costs for the year Variable overhead $ 10 per unit
Fixed overhead $ 160,000
Units produced 20,000 units
Unitary variable cost= direct material + direct labor + manufacturing overhead= 10 + 20 + 10= $40
Total variable cost= 20000units* 40= $800,000