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Oksi-84 [34.3K]

3 years ago

11

Mr. Free has $100 income this year and zero income next year. The market interest rate is 10 percent per year. If Mr. Free consu

mes $30 this year and invests the rest in the market, what will be his consumption next year?

1 answer:

Mumz [18]3 years ago

4 0

Answer:

0

Explanation:

he consumed 30%

he put 70$ in the free marker investment

he is broke

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Which of the following is a characteristic of effective teams? Groupthink is encouraged among team members. Conflict is managed

Eddi Din [679]

Answer:

Group think is encouraged among team members.

Explanation:

Effective teams -

It is the part of an organisation or the company , that effectively work together in order to achieve a specific goal or to improve the quality of any topic for the company .

In an effective team , each and every member have the right to speak about his opinion for the betterment .

There is a lot of unity among the member to work and accomplish for the company .

8 0

3 years ago

Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $18.50 per unit, and the variable labor

Pavel [41]

Answer:

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

Accounting = 35,555.56 units

Explanation:

a. Variable cost per unit = material cost + labor cost = $18.50 + $7.00 = $25.50

b. Total cost = Fixed + Variable

Variable = $25.50 $\times$ 350,000 = $8,925,000

Fixed = $800,000

Total = $800,000 + $8,925,000 = $9,725,000.00

c. Cash break even point = (Fixed cost - Depreciation)/Contribution per unit

Fixed cost = $800,000

Depreciation = $600,000

Contribution per unit = $48 (Selling price) - $25.50 (Variable cost) = $22.5

Cash Break even point = ($800,000 - $600,000)/$22.5 = 8,888.89 units

Accounting Break Even Point = Total fixed cost/ Contribution per unit

=$800,000/$22.5 = 35,555.56 units

Final Answer

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

Accounting = 35,555.56 units

5 0

3 years ago

Selected financial information for Solomon Company for 2019 follows:

katovenus [111]

Answer:

9.89 times

Explanation:

Calculation to determine the merchandise inventory turn over during 2019

First step is calculate the Average Inventory using this formula

Average Inventory = (Opening Inventory + Closing Inventory) / 2

Let plug in the formula

Average Inventory= (154,000 + 200,000) / 2

Average Inventory= 354,000 / 2

Average Inventory= 177,000

Now let determine the Merchandise Inventory Turnover using this formula

Merchandise Inventory Turnover = Cost of goods sold/ Average Inventory

Let plug in the formula

Merchandise Inventory Turnover= 1,750,000 / 177,000

Merchandise Inventory Turnover= 9.89 times

Therefore Assuming that the merchandise inventory buildup was relatively constant, the merchandise inventory turn over during 2019 is 9.89 times

8 0

3 years ago

About how many people in the u.s. claim arab ancestry?

jenyasd209 [6]

About three million people in the u.s. claim Arab ancestry

Who are Arabs?

A sizable ethnic group, the Arabs are also referred to as the Arab people, and they are mostly found in the Arab world, which includes parts of Western Asia, North Africa, the Horn of Africa, and the western Indian Ocean islands (including the Comoros).
A sizable number of Arabs have also emigrated to other parts of the world, including the Americas, Western Europe, Turkey, Indonesia, and Iran.
The word "Arab" is often used in modern contexts to describe people who are both speakers of Arabic and members of that ethnic group.
Arabs are also referred to as a socio-ethnic group in a source that contrasts Arabs in Europe with other socio-ethnic communities.
This contrasts with the more limited conventional meaning, which only refers to the offspring of Arabian tribes.

To learn more about Arab, refer to the following link:

brainly.com/question/7414837

#SPJ4

4 0

2 years ago

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the

snow_lady [41]

The question is in complete (the tutor added $8 as standard material price)

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630. The actual direct labor cost was $38,250 and the actual variable overhead cost was $11,951. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is:

Assuming a standard material price of $8 per pound

(Note this was added by the tutor)

Answer:

Price variance $9,370 Favorable

Explanation:

Material price variance

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite

$

10750 pounds should have cost (10,750 × $8) 86,000

but did cost (actual cost <u>76,630</u>

Price variance <u>9,370 Favorable </u>

4 0

3 years ago