First, convert interest to the effective annual interest rate using this formula:
(1 + i/m)^m - 1, where m = 2 for semiannual and m = 12 for monthly. Then, use this formula to find the future worth:
F = P(1+i)^n, where P is $726.19 and <span>$855.20, respectively, for Card P and Q. n is equal to 4.
Card P: F = 1080.704
Card Q: F = 1206.284
Then, find the amount decrease by subtracting F - P.
Card P: F - P = $354.514
Card Q: F - P = $351.084
The difference between the two is $3.43. Thus, the answer is C.</span>
Answer:
Cash flow= $64,847
Explanation:
Giving the following information:
Sellin price= $72,376
Tax rate= 25%
Book value= $43,070
<u>First, we need to calculate the gain from the sale and the tax:</u>
Gain= 72,376 - 43,070= $29,036
Tax= gain*tax rate
Tax= 29,036*0.25= $7,259
<u>Now, we can calculate the after-tax cash flow:</u>
<u></u>
Gain= 29,036
Tax= (7,259)
Book value= 43,070
Cash flow= $64,847
Answer:
$23,000
Explanation:
current annual sales = 49,000 packs
Selling price of course packs = $14 each
variable cost per pack = $12
Earnings = $75,000
Contribution:
= current annual sales × (Selling price of course packs - variable cost per pack)
= 49,000 packs × ($14 - $12)
= 49,000 packs × $2
= $98,000
Fixed costs of producing the course packs:
= Contribution - Earnings
= $98,000 - $75,000
= $23,000
Answer:
a. Minimizes the amount of input resources without compromising quality.
Explanation:
Efficiency is when productive resources are measured inorder to achieve goal. Task are performed at its best with the least cost and less energy in measuring efficiency
Effectiveness measures goals completeness selected by managers for the organization. It means doing the right thing as expected of the organization.
For China to be efficient, she must minimize the amount of input resources without compromising quality. An efficient manager must perform a task qualitatively with the available resources, least cost and in the best way possible.
Answer:C) $2,125.
Explanation:
Interest = Principal x rate x time (period)
using days in a year = 360 days
Interest = $85,000 X 10% x 90/360
=$2,125
Therefore, Alabaster Inc, must repay the $85,000 principle and $2,125 in interest
