Answer:
$121,363
Explanation:
The amount in 30 years is known as the Future Value (FV) . We arrive at this figure by compounding the Present Value using the interest earned on the savings as follows :
PV = $50,000
P/yr = 1
N = 30
PMT = $ 0
i = 3 %
FV = ?
Using a Financial calculator to enter the amounts as shown above, the FV can be determined as $121,363
Answer:
Balance in Prepaid insurance as of December 31 is $18,750
Explanation:
<em> </em>Computation of Prepaid Insurance
Insurance 1 ($34,200 * 6/18) $11,400
Insurance 2 ($14,700 * 12/24) <u>$7,350 </u>
Total Prepaid Insurance <u>$18,750</u>
Answer:
suppliers (or vendors)
Explanation:
Supply chain management refers to how the company manages:
- the distribution and storing of materials needed to manufacture a product (upstream)
- the inventory management of materials, components and final goods
- the distribution of finished goods to final customers using different downstream channels (wholesalers, retailers, etc.)
Answer: breakthrough
Explanation: In simple words, breakthrough project refers to a project which results or has a potential to result as a sudden and huge development for the organisation.
In the given case, the new chemical product by the organisation is a new invention and can ease the job of the field workers.
Hence it can prove as a breakthrough for new digger.
