Answer:
Quarterly deposit= $3,182.78
Explanation:
Giving the following information:
A sinking fund earns 7% compounded quarterly and produces $50,000 at the end of 3.5 years.
We need to find the quarterly deposit made at the end of each period.
<u>First, we need to calculate the quarterly interest rate:</u>
Interest rate= 0.07/4= 0.0175
To calculate the deposit, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
n= 3.5*4= 14
FV= 50,000
i= 0.0175
A= (50,000*0.0175)/ [(1.0175^14)-1]= $3,182.78
Answer:
0.69
Explanation:
Given that we have the formula for calculating income elasticity of demand as the percent change in quantity demanded divided by the percent change in income, hence, we have the percent change in quantity demanded => 13 - 12 = 1 ÷ 12 = 0.083
the percent change in income => 280 - 250 = 30 ÷ 250 = 0.12
Therefore we have => 0.083 ÷ 0.12 = 0.69
Hence, the final answer is 0.69
Answer:
The correct answer is drop shipper.
Explanation:
Drop shipping can be defined as one of the supply chain management method where the vendor does not stock any product.
In drop shipping when a vendor gets any order from the customer, the vendor forwards it to the third party for order fulfillment and then ships the product directly from the third party to the customer by the name of the vendor.
According to the scenario, techilex does not store any product but only facilitates delivery for the products shows the drop shipping type of business.
Answer:
E is the correct options, broad needs and many customers
Explanation:
The fact that Instructor Services offers many related services shows that its strategic intent includes providing a wide of range technologically related services which also includes sales and repairs of computers.All of these refer to the drive to fulfill many needs.
Secondly, the location of the business was a strategically crafted, in this sense that Ohio is highly populated and establishing business in such business district gives an assurance of high patronage from diverse group of many customers.
The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400