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Phantasy [73]
3 years ago
12

What steps can I use to set saving easier?

Business
1 answer:
Akimi4 [234]3 years ago
6 0
Record your expenses. The first step to start saving money is to figure out how much you spend. ...
Budget for savings. ...
Find ways you can cut your spending. ...
Decide on your priorities. ...
Make saving automatic.
You might be interested in
Russell, an entrepreneur, wants to hire a human resource professional who can help him make decisions about who will or will not
worty [1.4K]

Answer: Recruitment manager

Explanation: Recruitment manager are managers working in relation with the human resource department of the organisation and are responsible for hiring and firing of the personnel in the organisation. The main role of recruitment manager is to find competent employees to the organisation at a reasonable cost. Recruitment managers perform functions like interviews , reference check and background check etc for competent employees recruitment.

4 0
3 years ago
Read 2 more answers
Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assigning to each prod
professor190 [17]

Answer:

Explanation:

Answer:

Total

Units Produced

42000

15000

Hours per unit

1

3

Total Hours

42000

45000

87000

So total hours required = 87000 hours

Now we will find overhead rate per hour

Total Overhead= $846.000

Overhead Rate per Hour

=$ 846000/87000

= $9.72 per Hrs.

overhead rate per hour =$ 9.72 per hour

_______________________________________

Car

Wheel

Total Hrs.

42000

45000

Hourly Rate

$9.72

$9.72

Allocated Overhead

$408414.00

$437586

_________________________________________________

Activity

No. of

Activity

Overhead Cost

Cost Per Activity

Setting up machines

1000

$215,000

$215.00

Assembling

87000

$347,000

$3.99

Inspection

1200

$284,000

$236.67

Activity

Car=A

Truck =B

Rate=C

Total $ Car=A*C

Total $ Truck=B*C

Setting up machines

200

800

$215.00

$43,000.00

$172,000.00

Assembling

42000

45000

$3.99

$167,517.24

$179,482.76

Inspection

100

1100

$236.67

$23,666.67

$260,333.33

$234,183.91

$611,816.09

3 0
3 years ago
Benjamin co. has three products a, b, and c, and its fixed costs are $67,200. the sales mix for its products are 3 units of a, 4
snow_lady [41]
Preliminary calculations:3 units of A at $ 55.00 each - $ 165.004 units of B at $ 30.50 each - $ 122.001 unit of C at $ 32.00 each - $ 32.00Selling price of a composite unit - $ 319.00
Contribution margin of A ($ 165.00 x 30%) - $ 49.50Contribution margin of B ($ 122.00 x 25%) - $ 30.50Contribution margin of C ($ 40 x 50%) - $ 20.00Contribution margin of composite unit - $ 100.00
(a) Break-even point in composite units = $ 67,200 / $ 100 = 672 composite unitsBreak-even point in sales dollars = 672 x $ 319 = $ 214,368.00
(b) At break-even point,672 x 3 = 2,016 units of A672 x 4 = 2,688 units of B672 x 1 = 672 units of C
7 0
3 years ago
In June, one of the processing departments at Furbush Corporation had ending work in process inventory of $12,000. During the mo
andre [41]
Search up A gardener can increase the number of dahlia plants in an annual garden by either buying new bulbs each year or dividing the existing bulbs to create new plants . The table below shows the expected number of bulbs for each method

Part A
For each method,a function to model the expected number of plants for each year

Part B
Use the Functions to Find the expected number of plants in 10 years for each method.

Part C
How does the of plants in five years compare to the expected number of plants in 15 years !Explain how these patterns could affect the method the gardener decides to use.
7 0
3 years ago
A coupon bond that pays interest semiannually has a par value of $1,000, matures in 8 years, and has a yield to maturity of 6%.
vitfil [10]

Answer:

b. 1,062.81

Explanation:

the key to answer this question is to remember that valuation of a bond depends basically of calculating the present value of a series of cash flows, so let´s think about a bond as if you were a lender so you will get interest by the money you lend (coupon) and at the end of n years you will get back the money you lend at the beginnin (principal), so applying math we have the bond value given by:

price=\frac{principal*coupon}{(1+i)^{1} }+ \frac{principal*coupon}{(1+i)^{2} } \frac{principal*coupon}{(1+i)^{3} }+...+\frac{principal+principal*coupon}{(1+i)^{n} }

where: principal as said before is the value lended, coupon is the rate of interest paid, i is the interest rate and n is the number of periods

so applying to this particular exercise, as it is not said we will assume that 6% and 7% are interest rate convertible seminually, so the price of the bond will be:

price=\frac{1,000*\frac{0.07}{2} }{(1+\frac{0.06}{2}) ^{1} } +\frac{1,000*\frac{0.07}{2} }{(1+\frac{0.06}{2}) ^{2} }+\frac{1,000*\frac{0.07}{2} }{(1+\frac{0.06}{2}) ^{3} }+...+\frac{1,000*\frac{0.07}{2} }{(1+\frac{0.06}{2}) ^{15} }+\frac{1,000+1,000*\frac{0.07}{2} }{(1+\frac{0.06}{2}) ^{16} }

price=1,062.81

take into account that here we are asked about semianually payments, so in 8 years there are 16 semesters.

6 0
4 years ago
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