Answer:
The economic impact of standardization of components of interchangeable parts is <u>quality guarantee, productivity boost, and improved personnel performance.</u>
Explanation:
Standardization of components means that all the activities in your firm have an established, time-tested process to use.
Standardization is the process of developing, promoting and possibly mandating standards-based and compatible technologies and processes within a given industry. Standards for technologies can mandate the quality and consistency of technologies and ensure their compatibility, inter-operable and safety.
standardization of components of interchangeable parts was an innovation that did not occur until the very end of the 18th century and when it finally took off, gave rise to quality control and assurance.
Answer:
C) Increases in equity from peripheral transactions of an entity
Explanation:
A) Is the description of Revenue
B) Social capital increase
Answer:
Mark will have at the end of six years the amount of $25,865.74
Explanation:
According to the given data we have the following:
First investment = 2500
Investment increasing at rate of 10%
Interest rate = 13%
t=6 years
Present value is given by formula = C * [((1+g)^n/(1+i)^n) - 1 ] / (g-i)
C is first value = 2,500
g is increase in investment = 0.10
i is intrest rate = 0.13
n is no of years = 6
Putting values into the equation
P = 2500* [((1+ 0.10)^6/(1+0.13)^6) - 1 ] / (0.10-0.13) 1.771561 2.08195
P = 2500* [((1.10)^6/(1.13)^6) - 1 ] / (-0.03)
P = 2500* [0.8509142870866 - 1 ] / (-0.03)
P = 2500* (-0.14908571)/ (-0.03)
P = 2500* 4.9695236
P=$12,423.809
Future value = P*(1+i)^t
= $12,423.809 *(1+0.13)^6
= $25,865.74
Mark will have at the end of six years the amount of $25,865.74
