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Aleksandr-060686 [28]
2 years ago
9

You need to have $34,500 in 14 in years. You can earn an annual interest rate of 5 percent for the first 4 years, 5.6 percent fo

r the next 3 years, and 6.3 percent for the final 7 years. How much do you have to deposit today
Business
1 answer:
Marianna [84]2 years ago
8 0

Answer:

Calculate the present value of the deposit is as follows:

Future value = Present value x (1+ Rate) Number of Years

34,500 = Present value * (1 + 0.05)^{4} *  (1 + 0.056)^{3} * (1 + 0.063)^{7}  

34,500 = Present value * (1.05)^{4} *  (1.056)^{3} * (1.063)^{7}

Present Value = $34,500/2.1952390

Present Value = $15,715.83

Therefore, the present value of the deposit is $15,715.83

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The Heather Honey Company purchases honeycombs from beekeepers for $2.00 a pound. The company produces two main products from th
crimeas [40]

Answer:

a. $0.98

b. 6,000 container

Explanation:

a. The computation of the incremental contribution margin per container is shown below:

= Drop selling price - total variable manufacturing cost - drop selling price × sales commission - sale value in raw form × basis

= $4.40 - $0.95 - $4.4 × 5% - 3 × 3 ÷ 4

= $0.98

b. The minimum number of containers of candy  sold each month is

= (Per month salary paid to sales person + Master candy maker salary) ÷ ( incremental contribution margin per container)

= ($2,000 + $3,880) ÷ $0.98

= 6,000 container

We simply applied the above formulas so that the a and b part could arrive

6 0
2 years ago
Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a usefu
mariarad [96]

Answer:

The incremental annual net cash inflows provided by the new machine would be $2,525.

Explanation:

In order to calculate the incremental annual net cash inflows provided by the new machine we would have to use the following formula:

incremental annual net cash inflows=saving in annual operating cost+contribution earned on additional sales

                                                        =( $4,125-$3,730)+(21,300×$0.10)

                                                        =$395+$2,130

                                                        =$2,525

Hence, The incremental annual net cash inflows provided by the new machine would be $2,525.

3 0
2 years ago
Crafty Cookbooks Inc. is a large publisher that focuses on developing cookbooks with recipes from around the world. Recently, si
Gekata [30.6K]

Answer:

Job enlargement strategies increase job satisfaction more than job rotation strategies

Explanation:

The job enlargement refer to do multiple task at the same time. It includes more responsibilities and duties at the same level in the organization so that the employee cant bore from their day to day work. It reduces the boredom of the employees at the time time it also focuses on the employee satisfaction level.

Whereas the job rotation means the switching of job from one job to another so that they grow in near by future.

In the given situation, the Crafty cookbooks change its working way due to which many employees are frustrated which results into the quitting of job, firing of employees, etc that represents the job enlargement with job satisfaction and more than job rotation  

8 0
2 years ago
On December 1, Miser Corporation exchanged 6,000 shares of its $25 par value common stock held in treasury for a parcel of land
Verizon [17]

Answer:

$282,000

Explanation:

The computation of the capitalized amount of the land is shown below:

= Number of shares exchanged × fair value of per share - scrap selling value

= 6,000 shares × $50 per share - $18,000

= $300,000 - $18,000

= $282,000

Simply we multiplied the exchanged shares with its fair value and then deduct the scrap selling value so that the correct value can come.

All other information which is given is not relevant. Hence, ignored it

4 0
2 years ago
If a company employs two office assistants for every nine architects (a staffing ratio of 2:9) and it plans to expand and hire e
Art [367]

Answer:

4

Explanation:

Given:

A company employs two office assistants for every nine architects and

ratio is given = 2:9

Question asked:

How many new office assistants will it need to hire as it plans to hire eighteen new architects = ?

Solution:

Let ratio of new office assistants = x

Ratio of two office assistants for every nine architects = 2:9

By using formula of ratio and proportion:

Ratio of two office assistants for every nine architects : :  ratio of new office assistants for eighteen new architects,

2 : 9 : : x : 18

\frac{2}{9}  = \frac{x}{18} \\

By cross multiplication,

2\times18 = x \times18\\36 = 9 x

Dividing both side by 9,

x = 4

Thus, 4 new office assistants will it need to hire.

8 0
2 years ago
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