The ending equity is $315,000 This is just a matter of adding income and subtracting withdraws. So let's do it. "Cragmont has beginning equity of $277,000," x = $277000 "net income of $63,000" x = $277000 + $63000 = $340000 "withdrawals of $25,000" x = $340000 - $25000 = $315000
Answer:
Option D.
Explanation:
Given information:


Formula for price elasticity of demand is

Substitute the given values in the above formula.




Absolute value is

The absolute value of the price elasticity of demand for DVD players is 2.67.
Therefore, the correct option is D.
Answer:
$ 226.04
Explanation:
Given:
Paying fund, FV = $ 30000
Interest rate, i = 2%
Time, t = 10 years
Now,
![\textup{PMT}=\textup{FV}[\frac{i}{(1+i)^n-1}]](https://tex.z-dn.net/?f=%5Ctextup%7BPMT%7D%3D%5Ctextup%7BFV%7D%5B%5Cfrac%7Bi%7D%7B%281%2Bi%29%5En-1%7D%5D)
since, the payment is made monthly
thus,
n = 10 × 12 = 120 months
i = 2% / 12 = 0.02 / 12
on substituting the values in the above equation, we get
![PMT={30000}[\frac{\frac{0.02}{12}}{(1+{\frac{0.02}{12}})^{120}-1}]](https://tex.z-dn.net/?f=PMT%3D%7B30000%7D%5B%5Cfrac%7B%5Cfrac%7B0.02%7D%7B12%7D%7D%7B%281%2B%7B%5Cfrac%7B0.02%7D%7B12%7D%7D%29%5E%7B120%7D-1%7D%5D)
or
PMT = $ 226.04
Answer:
true
Explanation:
long term means it will be used for a long time thus if the price is not constant and keeps rising it wont be effective
Answer:
the function responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide a pre-decided service to the customer at a minimum cost