In what year did starbucks serve its first caffè latte?

If the restaurant runs a sale and the customer arrival rate increases by 20%, how would this change the total time expected to s

kenny6666 [7]

Answer:

Explanation: when the total number of customers *increases*, in order to serve the increased number of customers, it needs to be done *faster* in order not to keep other customers waiting for too long. And also this increased customer patronage would increase as well, the number of cars driving through the drive way

4 0

4 years ago

A soap company has been selling their soap to consumers with great success. However, recently they have become aware that their

bulgar [2K]

Answer and Explanation:

As we know that the soap is classified as health care products for the purpose of bathing. Also it acts as a grease cuter or the detergent but in the case of targetting the customers it would be treated as a health care product and commercial one also due to which it could be grown easily. But at the same time it should be ensured that there is no harmful effect

So if it is targeted in both the way than the business would grow in a fastest way that results in earning profits

8 0

3 years ago

Calculate the present value of the following annuity streams:

storchak [24]

Answer:

a. = $29,503.95

b. = $75,302.15

c. = $31,274.18

d. = $79,820.27

Explanation:

A financial product that gives an investor a fixed stream of payments over period of time is called an annuity.

The two types of annuity are in the question. The first is an ordinary annuity while second is annuity due.

An ordinary annuity gives investors payments at the end of each time period. The formula that is used to calculate the Present Value (PV) of ordinary annuity is:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] ....................................... (1)

Where

PVo = Present value of an ordinary annuity

P = periodical payment

r = interest rate

n = number of periods

An annuity due gives investors payments at the beginning of each time period. The formula is used to calculate the Present Value (PV) of annuity due is:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r) .......................................... (2)

Where

PVd = Present value of an annuity due.

P, r and n are already described above.

Question "a"

This is an ordinary annual annuity, and equation (1) will be used to calculate the PV as follows:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r]

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6

PVo = $6,000 × [{1 - [1 ÷ (1+0.06)]^6} ÷ 0.06]

= $29,503.95

Question "b"

This is an ordinary quarterly annuity, and equation (1) will also be used to calculate the PV as follows:

PVo = P × [{1 - [1 ÷ (1+r)]^n} ÷ r]

Where,

P = quarterly payment = $6,000

r = interest rate = 6% = 0.06

n = number of quarters = 6 × 4 = 24

PVo = $6,000 × [{1 - [1 ÷ (1+0.06)]^24} ÷ 0.06]

= $75,302.15

Question "c"

This is an annual annuity due, and equation (2) will be used to calculate the PV as follows:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r)

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6

PVd = $6,000 × [{1 - [1 ÷ (1+0.06)]^6} ÷ 0.06] × (1+0.06)

= $31,274.18

Question "d"

This is a quarterly annuity due, and equation (2) will be used to calculate the PV as follows:

PVd = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] × (1+r)

Where,

P = yearly payment = $6,000

r = interest rate = 6% = 0.06

n = number of years = 6 × 4 = 24

PVd = $6,000 × [{1 - [1 ÷ (1+0.06)]^24} ÷ 0.06] × (1+0.06)

= $79,820.27

All the best!

3 0

4 years ago

Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a 20% down payment. For examp

Artist 52 [7]

Answer:

Mary Kate: $103,528.15

Ashley: $135,377.97

Dakota: $166,294.24

Elle: $187,409.00

Explanation:

Mary Kate

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $3,900 x ( 1 + 3% )^5 - 1 / 3% = $20,705.63

Amount affordable = Future value of investment / Rate of down payment = $20,705.63 / 20% = $103,528.15

Ashley

First, calculate the future value of investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $4,900 x ( 1 + 5% )^5 - 1 / 5% = $27,075.59

Amount affordable = Future value of investment / Rate of down payment = $27,075.59 / 20% = $135,377.97

Dakota

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 6% )^5 - 1 / 6% = $33,258.85

Amount affordable = Future value of investment / Rate of down payment = $33,258.85 / 20% = $166,294.24

Elle

First, calculate the future value of the investment

Future value of Investment = Annuity payment x ( 1 + Interst rate )^numbers of years - 1 / Interst rate = $5,900 x ( 1 + 12% )^5 - 1 / 12% = $37,481.80

Amount affordable = Future value of investment / Rate of down payment = $37,481.80 / 20% = $187,409.00

7 0

3 years ago

Allsop Company had no beginning inventory. The company purchases 300 units of inventory in January at $5 each, 500 units at $4 e

Zanzabum

Answer:

B) $900

Explanation:

Given: Purchased 300 units of inventory in January at $5 each.

Purchased 500 units of inventory in August at $4 each.

Purchased 200 units of inventory in November at $6 each.

The company sold 150 units during the year.

As given company used periodic inventory system and the LIFO inventory costing method.

Periodic inventory system are the system that determine inventory at the end of each accounting period.

Last-in-first-out (LIFO) is inventory valuation method that assume inventory which are placed last, will be the first one to be sold out.

Now, computing cost of goods sold as per LIFO method.

We know sold unit is 150 unit

∴ Last inventory which was placed is in November, that is at $6 per unit.

Cost of goods sold= $units\ sold\times cost\ per\ unit$

⇒ Cost of goods sold= $150\times \$ 6$

∴ Cost of goods sold= $\$ 900$

Hence, the cost of goods sold as per LIFO inventory costing method is $900.

8 0

4 years ago