Answer:
$1,069.74
Explanation:
We use the present value formula which is shown in the attachment below:
Data provided in the question
Future value = $1,000
Rate of interest = 12%
NPER = 16 years
PMT = $1,000 × 13% = $130
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the value of the bond is $1,069.74
Answer:
see below
Explanation:
Social enterprises participate in commercial activities to solve social problems, improve communities' well-being, and better the environment. They make money through normal trading activities.
<em>Some characteristics of social enterprises include</em>
1. They have a mission to serve the community by initiating and supporting social, environmental, cultural, and economic programs. Social enterprises are not entirely driven by profits but have social missions to achieve.
2. Social enterprises generate the majority of their income through business activities. They are self-reliant as the selling of goods and services is their primary source of revenue.
3. A big proportion of the profits generated by social enterprises is invested in community projects. Social enterprises use profits to achieve their social objectives.
Answer:
The correct answer is letter "A": Guide product development with customer feedback.
Explanation:
Companies make market researches before starting the manufacturing of a product. However, even if a study has been conducted to have a clear idea of what consumers want, the initial product offered may not meet customers' needs for different reasons.
In such a case, <em>companies should take advantage of the feedback clients can provide about the product so those suggestions can be considered into the production process which will result in an output that matches better consumers' expectations.</em>
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Each ceiling fan has 20 separate parts.
The direct materials cost is $ 85
Each ceiling fan requires 3 hours of machine time to manufacture.
Activity (Allocation Base) - Predetermined Overhead Allocation Rate
Materials handling (Number of parts) - $0.04
Machining (Machine hours) - $7.8
Assembling (Number of parts) - $0.35
Packaging (Number of finished units) - $3
Total unitary cost= direct material + allocated overhead
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Total unitary cost= 85 + (0.04*20 + 7.8*3 + 0.35*20 + 3*1)= $119.2
