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iogann1982 [59]

3 years ago

13

John just opened a savings account and wants to maximize the amount of interest he earns. Which of the following actions would e

nable him to earn MORE interest?

1 answer:

jeka943 years ago

8 0

Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.

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A company uses a periodic inventory system. On August 1, the company had 6 items of beginning inventory with a cost of $7 per un

harina [27]

Answer:

Cost of goods sold= $133

Explanation:

Giving the following information:

A company uses a periodic inventory system. On August 1, the company had 6 items of beginning inventory with a cost of $7 per unit. On August 3, the company purchased 16 units at $14 per unit. Then, on August 5, the company sold 12 units. The 12 units sold consisted of 7 units from the August 3rd purchase and 5 units from the August 1st beginning inventory.

Cost of goods sold= 7*14 + 5*7= $133

7 0

3 years ago

Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales

lesantik [10]

Answer:

Explanation:

Production budget is a schedule of the number of units of goods that are to be produced using a forecast sales amount and the level of the opening and closing inventory

Bath Scale Gym Scale

Northern region 25,500 33,300

Southern region 27,500 28,900

Total 53,000 62,200

Opening inventory (1,200) ( 2,500 )

Closing inventory 900 2,700

Total units to be produced 52,700 62,400

Bath scale = 53000+900 -1200 = 52700

Gym scale = 62200+ 2700-2500 =62,400

7 0

3 years ago

The Brisbane Manufacturing Company produces a single model of a CD player. Each player is sold for $182 with a resulting contrib

k0ka [10]

Answer:

Year 3 cashflow:

current system: 243,360

alternative system: 102,240

Present cost:

current system PV -$971,665.9146

alternative system PV -$1,075,964.17

Explanation:

<u>Current Scenario:</u>

42,000 inspection cost

<u>Repairs:</u>

1,520 identified x $75 = 114,000

<u>Refunds:</u>

480 units x $182 = 87,360

Total yearly cost: 243,360

PV of an annuity of $243,360 during 5 years:

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 243,360

time 5

rate 0.08

$243360 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $971,665.9146

<u>New Scenario:</u>

Inspection cost: $42,000 + $25,000 = $77,000

Repair cost: 350 units x $41 = $14,320

Refunds: 50 units x $182 x 120% = $10,920

Total yearly cost: $102,240

F0 cost:

470,000 workers trainings

210,000 purchase cost

Total F0 cost: 680,000

Present Value of Annuity

$C \times \displaystyle \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 102,240

time 5

rate 0.08

$102240 \times \displaystyle \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $408,214.6742

PV of residual value:

PRESENT VALUE OF LUMP SUM

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 18,000.00

time 5.00

rate 0.08

$\frac{18000}{(1 + 0.08)^{5} } = PV$

PV 12,250.50

Net present value:

- 680,000 -408,214.67 + 12,250.50 = 1,075,964.17

4 0

2 years ago

Between 2010 and 2020.

Arte-miy333 [17]

Answer:

decrease

Explanation:

i think so because less and less people are deciding to travel because of the deadly virus. People are preferring to stay at their homes. As less people will travel, many travel agents will lose their jobs.

7 0

3 years ago

Eduardwww [97]

Answer:

1. The larger the federal deficit, other things held constant, the higher are interest rates. TRUE

<u>Explanation:</u>

The government raises money to cover the deficit by issuing bonds, hence the supply of bonds is increased and therefore the price of bonds decreases. The price of bonds is negatively correlated with the interest rates and hence it leads to an increase in interest rates.

2. If the Fed injects a huge amount of money into the markets, inflation is expected to decline, and long-term interest rates are expected to rise. FALSE

<u>Explanation:</u>

When the Fed injects a huge amount of money into the markets, the supply of money would increase and this would shift the money supply curve to the right. In the short-run, the interest rates would decrease. This is also known as the 'Liquidity Effect'. However, the liquidity effect is followed by the following offsetting effects,

-Income effect

-Price level effect

-Expected inflation effect

The net effect on interest rates depends on the magnitude of the above mentioned effects. Additionally, an increase in the money supply may lead people to expect a higher price level in the future, thus inflation may increase.

3. Long-term interest rates are not as sensitive to booms and recessions as are short-term interest rates. TRUE

<u>Explanation:</u>

During a recession or a boom, the monetary authorities, use fiscal policy to intervene the market. They, change the short-term interest rates to moderate the economy during a boom or a recession.

4. When the economy is weakening, the Fed is likely to decrease short-term interest rates. TRUE

<u>Explanation:</u>

When the economy is weakening, that is, it is in a recession, short-term interest rates are decreased, which would stimulate the economy. Firms would be able to get loans at a cheaper price and households would have to pay less credit on mortgages etc. This would increase the output of the economy.

4 0

3 years ago

Read 2 more answers