The Belgium Brewery, he engineered the process to make beer but its for the company itself
Answer:
The correct answer is option A.
Explanation:
Availability float refers to the time difference between when the check is deposited and when the money is transferred to the recipient's account.
The time difference exists because the bank has to process the physical check before transferring the funds.
So the availability float can also be defined as the time taken by a bank to process and honor a check and transfer the funds to the recipient's bank.
Answer:
Larry won't have enough money to buy the car. FV= $16,923
Explanation:
Giving the following information:
The car will cost $20,000 at the end of the fifth year and Larry's Christmas bonus is $3,000 a year.
Interest rate= 10%
To calculate the future value at the end of tje fifth year we need to use the following formula. The last deposit is made at the end of the fifth year.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,000*[(1.10^4)-1]}/0.10 + 3,000= $16,923
Larry won't have enough money to buy the car.
Answer:
new BEP in units = 3,750
Contribution Margin Ratio 0.40
Explanation:
The variable cost decrease by $10 to $60 from 70
The fixed cost increase by 30,000 to $150,000 from $120,000
sales remains at $100
100 - 60 = 40 CM Each units contribution is $40
40/100 = 0.40 CMR for each dolalr of sales 40 cents are contribution
150,000/40 = 3,750 by selling 3,750 the company can afford to pay their fixed cost.