Answer:
$8,348.51
Explanation:
Computation of the year 6 future value of deposits
6 years Future value = $1,600 × (1 + 0.04)^5+ $1,800 × (1 + 0.04)^4+ $1,800 × (1 + 0.04)^3+ $2,100 × (1 + 0.04)^2
6 years Future value= $1,946.64 + $2,105.75 + $2,024.76 + $2,271.36
6 years Future value= $8,348.51
Therefore the year 6 future value of deposits will be $8,348.51
Answer:
Its not useful to let social media influence you and do the deciding for you!
Explanation:
Looking at the price, comparing the cost and quality of various similar products, reading and analyzing the product reviews are all great ways to be informed and educated before spending your hard earned cash on something.
However, getting influenced through social media or through any media and letting the fancy words, graphics and quotes in marketing campaigns cloud your rational judgement is not very wise (its actually Stupid!) of course they influence you in some way, yet you must always decide rationally through logical reasoning.
Do I really need this? Are there any other products with the same quality at a lower price? Why is this so expensive? How long will it last? are some of the other basic questions you should answer before making a purchase. In the process of fining answers to such questions, you'll eventually make an informed purchase!
Answer:
Here we have total sales equation as under:
Z = 50*A + 45*B
Z is the total sales of the two products A & B. Whereas $50 is the profit per unit on the product A and $45 on the product B.
This means our best wishes for the company includes that the company only sales product A and reach production limit, because the profit on unit A is more than the product B. So this is the objective of the company regarding the sales prioritization of products.
Answer:
Tyson's basis in the distributed inventory = $8,000 and land = $12,000
Explanation:
Total basis value of assets received by Tyson = Cash + Inventory + Land
= $16,000 + $8,000 + $12,000 = $36,000
For this Tyson's basis of interest in partnership = $24,000
Thus Tyson's Basis in Inventory = $8,000
Tyson's basis for Land = $12,000
Note: the basis is book value and not the market value even in case it is less than book value.
Tyson's basis in the distributed inventory = $8,000 and land = $12,000
Answer:
Food cost ratio=0,275
Labor cost ratio= 0,25
Total Cost ratio=0,525
Contribution Margin (profit) for the food cost= 9500
Range for a good overall food cost for a restaurant operation=28% - 35%
Part 2:
beverage cost ratio=0.23
range for a good overall liquor cost= 18%-23%
Explanation:
Food cost ratio=Food Cost/Food Sales
=$5500.00/$20000.00=0,275
Labor Cost Ratio = Labor Cost/Food Sales
$5000.00/$20000.00=0,25
Total Cost ratio= ($5500.00+$5000.00)/$20000.00= 0,525
Contribution Margin (profit) for the food cost? Total Sales--Total Costs
=$20000-($5500.00+$5000.00)=9500
What is the range for a good overall food cost for a restaurant operation?
28 % to 35% range
Part 2:
Beverage cost ratio? Beverage Cost/Bar Sales = $1500.00/$6500.00
=0.23
Range for a good overall liquor cost? 18% to 23% range