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bazaltina [42]
3 years ago
12

Fenland Co. plans to retire $120 million in bonds in five years, so it wishes to fund a savings account at the beginning of each

year during that period for which it expects to earn 12% annually. At the end of the five years, there will be enough money in the account to pay off the bonds. What amount does Fenland need to invest each year?
Business
1 answer:
solniwko [45]3 years ago
8 0

Answer:

240,000,000

Explanation:

Each year you would need to invest 240,000,000 into the saving account over a period of five years to get to the desired amount. If they are only putting in 12%of the retirement funds that would 14,400,000 and that would take about 8 years.

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If the cost of steel increases, then the supply of cars will shift and this shift would cause a shortage of cars to open up at t
Vilka [71]

Answer:

TRUE

Explanation:

Supply is sellers ability and willingness to sell a good at given price, time period.

Price of Inputs is a factor negatively effecting Supply. This implies decrease in supply at high input prices (because of lower profit margin), increase in supply at low input prices (because of higher profit margin).

Increase in Supply means rightwards shift in upward sloping supply curve, Decrease in Supply means leftwards shift in upward sloping supply curve.

Steel is an input used in car manufacturing; so increase in steel price will decrease car supply & shift the supply curve leftwards. This will create excess demand/ deficient supply/ shortage of cars in the market at old equilibrium price.

This shortage will then create competition among buyers & increase price, which will contract demand & expand supply - establishing new equilibrium.

5 0
2 years ago
barber charges $20 per haircut. The total cost for running his home-based business is $4,000 per month, which includes his salar
Lelu [443]

The minimum price that the barber must charge <em>to increase his salary to $4,000</em> for each of the 200 haircuts is <em>A. $25.</em>

Data and Calculations:

Charge per haircut = $20

Total cost per month = $4,000

Monthly salary = $3,000

Other costs per month = $1,000 ($4,000 - $3,000)

Minimum number of haircuts per month = 200

Expected monthly salary per month = $4,000

Total new monthly expenses = $5,000

Minimum price to charge per haircut = $25 ($5,000/200)

Thus, the minimum price that the barber must charge <em>to increase his salary to $4,000</em> without increasing the number of haircuts is $25.

Learn more: brainly.com/question/14872023

6 0
2 years ago
Lex Corporation is an expanding telecommunications company. However, they are in need of more computers for their new employees.
Kobotan [32]

Answer:

The Answer is Capital.

Explanation:

In Economics, we identify that there are 4 main factors that contribute to the production, we call them "factors of production" and they are,

  1. Land: Not just "land" but also includes all the natural resources that could be extracted and used for any production purposes.
  2. Labor: Mental and physical efforts carried out by humans in the production process.
  3. Capital: Assets or anything  that can enhance/boost the ability to produce. Usually, these are generated or created as a result of human interventions and efforts.
  4. Entrepreneurship: the set of skills required to coordinate and manage the process of production successfully.

So, under which category of factors that the computers fall under? Simple right? Its 3.Capital! because they are assets that are created by humans to aid in enhancing the production capabilities!

5 0
3 years ago
In year 1 the average price of X is $10, and in year 2 the average price of X is $23. If consumers buy more units of X in year 2
xeze [42]

Answer:

D

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

If good X is a normal good and the consumers income increases, the demand for good X would increase

It would have been that the Law of demand not supply that didn''t hold

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

8 0
2 years ago
The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice
forsale [732]

Answer:

The statement is: False.

Explanation:

In supply chain management, incremental analysis is in charge of determining the cost of ordering one more additional unit of a product over the cost of no requesting that additional unit. The cost of overstimulating demand is the loss of ordering one additional unit and discovering that it cannot be sold. The cost of underestimating demand is the opportunity loss for nor requesting one additional and discovering it could have been sold.

<em>The cost of underestimating demand is more difficult to determine than the cost of overestimating demand because underestimating demand because it involves customer's desires</em> on purchasing a product when not having the resources to do so.

8 0
3 years ago
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