Answer:
$247,300
Explanation:
Given that
Invested amount = Present value = $11,2000
Time = 10 years × 4 quarter = 40
The rate = 8% ÷ 4 = 2%
So, we have to applying the future value formula which is presented below:
Future value = Present value × (1 + interest rate)^ time period
= $112,000 × (1 + 0.02)^40
= $112,000 × 1.02^40
= $112,000 ×2.2080396636
= $247,300
Answer:
This is very short term credit with high interest.
Explanation:
Examples of this include things like payday loans.
Answer:
The following Apply :
A. Based on past experience and data Developed by the SCAB (Standard Cost Accounting Board
B. Used in preparing flexible budgets Useful for manufacturing companies, but not service companies
Explanation:
Standard Cost set levels of Costs and Revenues that ought to be achievable when reasonable levels of performance are attained together with working practices to manufacture a product.
Data is obtained from past experience and used to prepared flexible budgets for control purposes.
Answer: B. How much modification is needed for Eti Food products in South Korea and Chile?
Explanation:
Centralization simply means when there's a hierarchical structure in place in an organization such that the decisions are taken by those at the top level of the organization. On the other hand, decentralization means that lowee level staffs can make decisions in the organization.
Based on the information given in the question, the question that would be more important for Eti Food executives to evaluate is "How much modification is needed for Eti Food products in South Korea and Chile?"
The modification in these countries will help the company to know whether to centralize or not. For example, in a case whereby there is minimal modification, centralization is beneficial.
Therefore, the correct option is B.
Answer:
Your insurance should be in the amount of $245000.
Explanation:
amount of insurance = gross income*70%
gross income = $50,000*7
= $350000
amount of insurance = gross income*70%
= $350000*70%
= $245000
Therefore, Your insurance should be in the amount of $245000.