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mel-nik [20]
3 years ago
15

One year ago, Deltona Motor Parts deposited $17,500 in an investment account for the purpose of buying new equipment three years

from today. Today, it is adding another $21,000 to this account. The company plans on making a final deposit of $13,000 to the account one year from today. How much will be available when it is ready to buy the equipment, assuming the account pays 5.5 interest
Business
1 answer:
Ulleksa [173]3 years ago
7 0

Answer:

$58,445.13

Explanation:

Calculation for How much will be available when it is ready to buy the equipment, assuming the account pays 5.5 interest

Using this formula

FV= PV*(1+i)^n

Let plug in the formula

First deposit= 17,500*(1.055^4)

First deposit= $19,316.73

Second deposit=21 ,000*(1.055^3)

Second deposit= $24,659.07

Third deposit= 13,000*(1.055^2)=

Third deposit=$14,469.33

Total= $58,445.13

Therefore How much will be available when it is ready to buy the equipment, assuming the account pays 5.5 interest is $58,445.13

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Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for O
suter [353]

Answer:

Materials        187,230‬

Conversion   182,200

Explanation:

FIFO method, from the started units we will add the reamining work onthe beginning WIP invnetory and subtract the undone part of the ending WIP inventory

Materials

Started units                               176,000

October   1st  27,000 x (1 - 57%) = 11,610‬

October 31th 20,000 x    (1-81%) =  (380)

                  Equivalent Units     187,230‬

Conversion

Started units                                  176,000

October   1st  27,000 x (1 - 33%) =  18,000

October 31th 20,000 x    (1-41%) = (11,800)

                  Equivalent Units       182,200

5 0
3 years ago
In competitive settings, profits will lead firms to _________________ and losses will lead firms ___________, so the incentives
wel

Answer:

The correct answer is: enter the market; exit the market.

Explanation:

In a perfectly competitive market, there is no restriction on entry and exit of firms. So profits will attract other potential firms to join the market. And when the existing firm incurs losses it will cause them to stop operating and exit the market.  

Because of this, the firms in competitive settings are motivated to produce at a low cost and they come up with new ideas to please customers so that they earn a profit.

5 0
3 years ago
Under process model, organizational effectiveness is portrayed by having internal conflict where information flows easily both h
andreev551 [17]

Answer:

True

Explanation:

The process model is a model that represents the work flow for achieving the company goals and objectives

In the process model, the effectiveness of an organization would be portrayed by the conflict that occurs internally. It could be the situation when the flow of the information is in a horizontal way and in a vertical way and the functioning of the operations internally is quite smooth and works with trust towards individuals

Therefore the given statement is true

8 0
3 years ago
Which dimensions should a marketer consider when dealing with the human aspect of distribution channels?
Sindrei [870]

Dimensions that a marketer should consider when dealing with human aspect of distribution channels are communication, conflict, roles, and power. Conflict arises when one marketing channel participant believes that the acts of another participant have prevented him or her from achieving his or her objectives. Power is the ability of one channel member to command or shape the actions of another channel member (s). A role is a set of guidelines that specify how a positioning member should behave. Members of the channel engage in communication activities that produce an information flow within the channel, which is required for an effective movement of goods or services throughout the channel.

The people, businesses, and initiatives that make products and services accessible to consumers are referred to as marketing channels. From the moment of production to the point of consumption, ownership of the commodities is transferred. Trade exhibitions, business gatherings, and targeted email is the example of marketing channels.

#SPJ4

5 0
1 year ago
Tracy and Brett are married. Their current assets $9,243 Their current liabilities $6,921 Their monthly nondiscretionary expense
katen-ka-za [31]

Answer:

1.3355

Explanation:

Current ratio = cash + cash equivalents ÷ current liabilities =$9,243 ÷ $6,921 =1.3355

Hope this helps & plz mark brainiest

5 0
4 years ago
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