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3 years ago

5

Assuming you want a 6% return from an annuity that pays $250 at the end of each month for the next 20 years, how much will you p

ay for it?

1 answer:

taurus [48]3 years ago

6 0

Answer:

9999999

Explanation:

999999999999999999999999999999999999999999999

You might be interested in

Which of the following represents an aggressive approach to demand management in the service sector when demand and capacity are

Rina8888 [55]

Answer:

a. lower resort hotel room prices on Wednesdays .

Explanation:

Now the hotel rooms capacity and demand do not match, even then the hotel prices lower rates to attract more customers and then there will be first come first take the hotel. Which shall create the problem of unavailability of hotel rooms mostly.

This is basically aggressive management, as all the rooms will generally stand accommodated, there will be low management required for allotment as people booking first will get rooms, and the staff needs to manage room service only.

8 0

4 years ago

Compare the policy ideas of President Herbert Hoover and President Franklin D. Roosevelt during the Great Depression. How did th

never [62]

Answer:

Besides being quite incompetent, President Hoover was probably out of touch with reality. He argued that people were out of jobs because they were looking for better jobs, like selling apples.

President Roosevelt, who was the complete opposite of his predecessor, believed in the Keynesian theory of government, and increased government spending with the New Deal. His New Deal policy helped the economy rebound from the Great Depression and the start of WWII also helped the US economy. This increase in government spending helped to create new jobs and businesses, plus other social advances (e.g. social security, unemployment benefits, etc.).

If you want to compare both presidents, Hoover would be as dark as a black hole and Roosevelt as bright as the sun.

5 0

3 years ago

Boston Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variabl

algol13

Answer:

(i) 2.1

(ii) $600,000

Explanation:

Transportation costs:

Highest activity = $2,700,000

Lowest activity = $1,440,000

Change = $1,260,000

Gross tons miles:

Highest activity = $1,000,000

Lowest activity = $400,000

Change = $600,000

Variable cost per gross ton mile:

= Change in transportation costs ÷ Change in gross ton miles

= $1,260,000 ÷ $600,000

= 2.1

Total cost = Fixed cost + (variable cost × gross ton miles)

$1,440,000 = Fixed cost + (2.1 × $400,000)

Fixed cost = $1,440,000 - $840,000

= $600,000

7 0

4 years ago

Customers who shop at Books-A-Million find that it has a large selection of books, in addition to a helpful and friendly staff.

nika2105 [10]

Answer:

Position Strategy

Explanation:

The position strategy is the strategy in which the business focuses on the important things that will drive value for the organization. This way of developing customers choices and attracting them by added value in services is known as position strategy. The company here has focused on friendly staff and cappuccino offering along with a good selection of books. This means that the company has developed its image which is that scholars come here and that's the uniqueness of the position strategy.

Three things that the company has focused here:

Friendly Staff
Good selection of Books
Cappuccino and other products that increases sales

7 0

3 years ago

The CFO of Ward Enterprises is setting up a new activity-based costing system. He has currently finished identifying activities

horrorfan [7]

Answer:

a. Identify a cost driver associated with each activity.

Explanation:

While setting up the new activity based costing system he presently completed the identification of the activities and the cost of overhead is associated with each kind of activity

Now the next step in the activity based costing is to have a identification of the cost driver that associated with each kind of activity

Here cost driver means number of machine hours, number of machine setups, etc

Therefore the first option is correct

6 0

3 years ago