Answer:
The correct answer is number "2": False.
Explanation:
According to the case:
- <em>Units on hand: </em><em>20</em>
- <em>Units planned for sale: </em><em>100</em>
- <em>Units desired as pending inventory: </em><em>10</em>
- <em>Units planned for purchase: </em><em>x</em>
Thus,
<em>Total inventory</em><em> = Units planned for sale + Units desired as pending inventory</em>
<em>Total inventory </em><em>= 100 + 10</em>
<em>Total inventory </em><em>= 110 units</em>
So,
<em>Units planned for purchase </em><em>= Total inventory - Units on hand</em>
<em>Units planned for purchase </em><em>= 110 - 20</em>
<em>Units planned for purchase </em><em>= </em><em>90 units</em>
<em />
The company should plan to purchase 90 units.
Answer:
8%
Explanation:
The formula and the computation of the price elasticity of supply is shown below:
Price elasticity of supply = (Percentage change in quantity supplied ÷ percentage change in price)
where,
Price elasticity of supply = 0.4
And, the percentage change in price = 20%
So, the percentage change in quantity supplied is
= Price elasticity of supply × the percentage change in price
= 0.4 × 20%
= 8%
It shows a direct relationship between the quantity supplied and the price.
Answer:
Annual deposit= $14,789.43
Explanation:
Giving the following information:
You decide you will need to save $ 2 million by the time you are 65.
The interest rate is 5 %. The number of years until 65 is 42.
We need to use the following Final Value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2000000*0.05)/[(1.05^42)-1]= $14,789.43
Answer:
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Explanation:
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