Answer:
Option A is correct
Explanation:
R = [P*(r/12)]/[1-(12/(12+r))]^(12*r)
t = time = 25 years
P = initial principal = 125000
R = initial interest rate = 9.75
So therefore:
R = 125000* (0.0975/12)/[ 1 - (12/(12+0.975)]^(300)
R = 1015.625/(1-0.088)
R = $1113.62 per month
Compounding R for the first five years = 6205.4
Balance = 125000 - 6205.4 = 118792.7
So therefore with the new rate = 8.75
New P = 118792.7
t = 20
R = 118792.7*(0.0875/12)/[1- (12/(12+0.0875))^(240)]
R = 866.197/0.825
R = 1049.93 = $1050
Answer:
Machine setups= $173.8 per setup
Special processing= $136.67 per machine hour
General factory= $13 per direct labor hour
Explanation:
<u>To calculate the activities cost rates, we need to use the following formulas:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine setups= 34,760 / 200= $173.8 per setup
Special processing= 136,670 / 1,000= $136.67 per machine hour
General factory= 819,000 / 63,000= $13 per direct labor hour
Inflation<span> is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling </span>
Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
Explanation:
Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.
When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.
The correct answer is B) Right to share in company profits prior to other shareholders
