Answer:
PV= $15,291.74
Explanation:
Giving the following information:
Annual cash flow= $1,5000
Number of years= 20
Interest rate= 7.5%
To calculate the present value, first, we need to determine the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow
FV= {1,500*[(1.075^20) - 1]} / 0.075
FV= $64,957.02
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 64,957.02/(1.075^20)
PV= $15,291.74
Answer:
All except 'a' i.e The price of a can of beans
Explanation:
Demand Curve is the graphical representation of quantities of a good demanded at different prices, other factors remaining constant (ceteris paribus).
The curve is downward sloping due to inverse relationship between price & quantity demanded, as per law of demand. Change in price defines quantity demanded movement on the curve itself. Any change in factors other than price shifts the curve altogether.
In this case : Determining demand curve of 'Canned Beans' - would be based only on relationship between their quantity demanded & their own i.e canned beans price. All other factors - tomato can price, their cost of production, their supply are held constant as per 'ceteris paribus'.
Answer:
Actual overhead= $37,000
Explanation:
Giving the following information:
Boston Company manufactures pipes and applies manufacturing overhead costs to production using a budgeted predetermined overhead rate of $18 per direct labor-hour.
Allocated overhead= $18*3600= $64,800
Actual overhead:
Indirect labor $9,000
Plant facility rent $20,000
Depreciation on plant machinery $8,000
Total= $37,000
Answer:
The answer is: NONE OF THE ABOVE, the souvenir cup is a type of supplemental feature.
Explanation:
The souvenir cup is a type of supplemental feature. It provides additional value to the core product. In this case the drink would be the core product and the cup would add value or attributes to it.
The cup is not part of a product line, nor it is the core product, it doesn't provide experiential benefits and is not a different product (brand extension).
