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Basile [38]
3 years ago
8

Hodgkiss Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $800,000. Fixed assets

are $480,000 and sales are projected to grow to $890,000. How much in new fixed assets are required to support this growth in sales
Business
1 answer:
Norma-Jean [14]3 years ago
3 0

Answer:

$4,292,699.99

Explanation:

Calculation to determine How much in new fixed assets are required to support this growth in sales

Full capacity sales = $800,000/0.95 = $842,105.26

Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000

Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99

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calculate how much credit created by commercial bank when there is a deposit of 80000, reserve requirement is 8% and withdrawl i
Scrat [10]

Answer:

Amount of credit created by commercial bank = 47,840

Explanation:

Given:

Total deposit in bank = 80,000

Reserve requirement = 8%

Withdrawal = 35%

Find:

Amount of credit created by commercial bank

Computation:

Amount available for withdrawal = Total deposit in bank[1 - Reserve requirement]

Amount available for withdrawal = [80,000][1-8%]

Amount available for withdrawal = 73,600

Amount of withdrawal = Amount available for withdrawal[35%]

Amount of withdrawal = 73,600[35%]

Amount of withdrawal = 25,760

Amount of credit created by commercial bank = 73,600 - 25,760

Amount of credit created by commercial bank = 47,840

6 0
3 years ago
You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5%. How much mo
Sunny_sXe [5.5K]

Answer:

FV= $21,887.13

Explanation:

Giving the following information:

Initial investment= $15,000

Number of periods= 6 years

Interest rate= 6.5% compounded annually

T<u>o calculate the future value of the investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 15,000*(1.065^6)

FV= $21,887.13

8 0
3 years ago
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they
ziro4ka [17]

A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

<h3>What is  marketing intermediaries?</h3>

Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.

This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to  end user.

Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

Learn more about  Marketing intermediaries here:brainly.com/question/25339343

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4 0
2 years ago
Is the following scenario a partnership? Ghost-writing a text book for an author and splitting profits equally.
GalinKa [24]

Answer: no

Explanation:

5 0
3 years ago
Companies can run the same marketing communications programs as used in the home market or change them for each local market, a
nlexa [21]
Answer:  "communication adaptation" .
________________________________________
7 0
3 years ago
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