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2 years ago

An increase in the price of a resource would cause

Business

1 answer:

evablogger [386]2 years ago

8 0

Answer:

it would cause more people to go hungry and cold and die because it would be harder to afford all of those things if they were more expensive.

hope that helps

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A delivery service is buying 600 tires for its fleet of vehicles. One supplier offers to supply the tires for $80 per tire, paya

Serhud [2]

Answer:

$-573.54

Explanation:

Present value is the sum of discounted cash flows.

Present value can be found using a financial calculator.

For the first supplier

Cash flow in year zero = 0

Cash flow in year 1 = $80 x 600 = $48,000

I = 8.1%

Present value = $44,403.33

For the second supplier,

Cash flow in year zero = $20,000

Cash flow in year one = $45 × 600 = $27,000

I = 8.1%

Present value =$44,976.87

Difference = $44,403.33 -44,976.87 = $-573.54

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

5 0

3 years ago

On January 1, 20XA, Tie Company purchased a machine that had a sticker (list) price of $22,000. The seller agreed to allow Tie C

Fudgin [204]

Answer:

I cant understand that question

4 0

2 years ago

Assume the total cost of a college education will be $380,000 when your child enters college in 16 years. you presently have $62

timurjin [86]

Annual interest rate
(380,000÷62,000)^(1÷16)−1
=0.1199×100=11.99%

5 0

3 years ago

The following production data were taken from the records of the Finishing Department for June:

Vikki [24]

Answer:

The number of equivalent units of production in the June 30, Finishing Department inventory is 575 units.

Explanation:

In order to calculate the number of equivalent units of production in the June 30 Finishing Department inventory, we would have to use the following formula:

Equivalent unit of production = (Beginning WIP*percent completion)+Unit started and completed+(Ending WIP*percent completion)

5,200 = (1,500*75%+3,500)+X

5,200 = 4,625+X

X(Equivalent unit of ending WIP) = 5,200-4,625 = 575

The number of equivalent units of production in the June 30, Finishing Department inventory is 575 units

3 0

3 years ago

You are planning for retirement 33 years from now. You plan to invest $3,500 per year for the first 6 years, $8,800 per year for

lianna [129]

Answer:

Total FV= $3,433,859.29

Explanation:

<u>First, we will calculate the future value of each equal annual deposit. Then, the ending value in 33 years of investment as a whole.</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV1= {3,500*[(1.137^6) - 1]} / 0.137= $29,648.89

FV2= {8,800*[(1.137^11) - 1]} /0.137= $199,476.80

FV3= {14,400*[(1.137^16) - 1]} /0.137= $714,882.03

<u>Now, the total future value:</u>

FV= PV*(1+i)^n

FV1= 29,648.89*(1.137^27)= 949,600.61

FV2= 199,476.80*(1.137^17)= 1,769,376.65

FV3= 714,882.03

Total FV= $3,433,859.29

8 0

3 years ago