the change from traditional manufacturing to service and high-tech manufacturing requires highly job skills.

You just won $30,000 and deposited your winnings into an account that pays 3.9 percent interest, compounded annually. how long w

ruslelena [56]

For this case we have an equation of the form:
$y = A * (b) ^ x
$
Where,
A: initial amount
b: growth rate
x: number of years
Substituting values we have:
$y = 30000 * (1,039) ^ x
$
By the time the earnings increase to 75000 we have:
$75000 = 30000 * (1,039) ^ x
$
From here, we clear x:
$(1,039) ^ x = (75000/30000)

log1.039 ((1.039) ^ x) = log1.039 ((75000/30000))

$
$x = log1.039 ((75000/30000))

x = 23.95 years$
Answer:
you will have to wait until 23.95 years your winnings are worth $ 75,000

7 0

3 years ago

Unistar Inc., is an FMCG company that produces a wide range of offerings such as grocery items and personal care products. If Un

Mila [183]

Answer:

b) Descriptive

Explanation:

Descriptive research -

It refers to the questions of the research , designing the data and researching and analyzing the topic , is called the descriptive research .

it is also known as the observational research method .

From the data of the question , the Unistar Inc , need to opt for a descriptive research .

6 0

3 years ago

Which of these factors would strengthen demand for a nation’s currency on the international market? Select all that apply.

-BARSIC- [3]

Answer:

B C D F

Explanation:

3 0

2 years ago

Read 2 more answers

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 pe

umka21 [38]

Answer:

50%

Explanation:

Given: Selling price= $120 per unit.

Variable cost= $60 per unit.

First computing contribution margin.

Contribution margin= $Selling\ price\ per\ unit - variable\ cost\ per\ unit$

⇒ Contribution margin= $\$120 - \$ 60$

∴ Contribution margin= $\$ 60$

Now, calculating the contribution margin ratio.

Contribution margin ratio= $\frac{Contribution\ margin}{selling\ price\ per\ unit}$

⇒ Contribution margin ratio= $\frac{\$ 60}{\$ 120} \times 100$

∴ Contribution margin ratio= $50\%$

Hence, the product´s contribution ratio is 50%.

7 0

2 years ago

LO 7.1Which of the following is a finance budget?

sweet [91]

Answer:

cash budget

Explanation:

A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.

A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.

Thus, from the above we can conclude that cash budget can be termed as finance budget.

4 0

3 years ago