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kondor19780726 [428]
2 years ago
6

You are planning to buy a house in five years. How much do you need to deposit today to have a $10,000 down payment if your inve

stment will make 6%?
*Remember to determine what you're solving for first:

Simple interest

Present or future value of a single amount

Present or future value of an annuity (a series of deposits).
Business
1 answer:
dsp732 years ago
8 0

Answer:

7,472.58

Explanation:

10000*(1/(1.06)^5)

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Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality $ 78,000 Quality data
Makovka662 [10]

Answer:

$102,000

Explanation:

Calculation to determine What would be the total appraisal cost appearing on the quality cost report

Using this formula

Total appraisal cost=Test and inspection of in-process goods + Final product testing and inspection

Let plug in the formula

Total appraisal cost=$ 24,000+$78,000

Total appraisal cost=$102,000

Therefore What would be the total appraisal cost appearing on the quality cost report is $102,000

8 0
2 years ago
the simple circular flow model shows that workers, land owners, and owners of capital offer their services through: product mark
dalvyx [7]

The simple circular flow model shows that workers, landowners, and owners of capital offer their services through resource(or Factor) markets. Thus, option (b) is correct.

What is circular flow model?

An economic model that depicts how money moves across the economy is the circular flow model. Businesses need resources to generate the goods and services that households and households buy.

The circular flow model is the based on the business and the households. The four factors of the recourses to the labor, entrepreneurship, land, and capital) these are the mainly used in the business to manufacturer their goods and produces the services.

As a result, the circular flow model are resource (or Factor) markets. Therefore, option (b) is correct.

Learn more about on circular flow model, here:

brainly.com/question/11324259

#SPJ4

Your question is incomplete, but most probably the full question was.

a) Product markets.

b) Resource(or Factor) markets.

c) Employment Agencies.

d) Business Firms.

5 0
1 year ago
The fed is often considered the bankers' bank because it:
miss Akunina [59]
Hello there,
[]_________________________________________________________[]

First of all this is a easy one! The "Federal Reserve" is considered the bankers' bank because it <span>holds bankers reserves, provides banks with currency and loans, and clears their checks. Therefore cannot be touched by civilians / citizens.
[]_________________________________________________________[]

Hope I was able to help!
[Mark Brainliest] - Certified Correct?</span>
3 0
3 years ago
The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 25%. Currently,
vekshin1

Answer:

The increase in gross profit is  $12,374.93

Explanation:

The increase in sales due to purchasing this new equipment is 25% of current sales figure of $750,000

increase in sales=$750,000*25%=$187,500

variable cost on the increase in sales is 55%=$187500 *55%=$103,125

The annual depreciation charge on the new equipment=cost of the new equipment-salvage value/useful life

cost of the new equipment is $357,500.37

salvage value is $0

useful life of the new equipment is 5 years

annual depreciation charge=($357,500.37-$0)/5=$ 71,500.07  

Increase/(decrease) in annual gross profit=$187,000-$103,125-$ 71,500.07  =$12,374.93  

4 0
3 years ago
On January 2, year 1, Lava, Inc. purchased a patent for a new consumer product for $90,000. At the time of purchase, the patent
Archy [21]

Answer:

The amount Lava should charge against income during year 4 is $63,000.

Explanation:

Since amortization is assumed to be recorded at the end of each year, this can be calculated as follows:

Annual amortization expense = Cost of the patent  / Patent's estimated useful life = $90,000 / 10 = $9,000

Amortization expense recorded prior to year 4 = Annual amortization expense * 3 years =  $9,000 * 3 = $27,000

Unamortized cost of patent charge against income during year 4 = Cost of the patent - Amortization expense recorded prior to year 4 = $90,000 - $27,000 = $63,000

Therefore, the amount Lava should charge against income during year 4 is $63,000.

4 0
2 years ago
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