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VladimirAG [237]

2 years ago

10

Scott Peter’s bank granted him a single-payment loan of $3,250 to pay a repair bill. He agreed to repay the loan in 31 days at a

n exact interest rate of 11.75%. What is the maturity value of the loan?

1 answer:

I am Lyosha [343]2 years ago

3 0

After interest he will pay a total of 3631.88 back to the bank
hope this helps<span />

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University of Florida football programs are printed 1 week prior to each home game. Attendance averages 75 comma 000 screaming a

Ann [662]

Answer :

a) Cost of underestimating demand = $3

b) Average cost per program =$1.90

c) number of program ordered 51,503

d) Stock out risk = 0.3878

Explaination :

As per the data given in the question,

Total purchased program = (2 ÷ 3) × 75,000 = 50,000

Unsold program = 10% × 50,000 = 5,000

a) Cost of underestimating demand = cost of each program - cost to print each program

= $5 - $2

= $3

b)Average cost per program = cost to print each program - amount got for sending it for recycling

= $2 - $0.10

= $1.90

c) Service level = Cost of underestimating demand ÷ (Cost of underestimating demand + Average cost per program)

= $3 ÷ ($3 + $1.90)

= 0.6122

So, Z is 0.3005

Therefore number of program ordered = 50,000 + 0.3005 × 5,000

= 51,502.5

= 51,503

d) Stock out risk = 1 - Service level

= 1 - 0.6122

= 0.3878

We simply applied the above formulas

8 0

2 years ago

Kushman Combines Inc. has $20,000 of ending finished goods inventory as of December 31, 2017. If beginning finished goods invent

just olya [345]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Kushman Combines Inc. has $20,000 of ending finished goods inventory as of December 31, 2017. If beginning finished goods inventory was $10,000 and the cost of goods sold was $50,000.

We need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

50,000= 10,000 + cost of goods manufactured - 20,000

50,000 + 20,000 - 10,000= cost of goods manufactured

60,000= cost of goods manufactured

5 0

2 years ago

Let M be the number of units to make and B be the number of units to buy. If it costs $2 to make a unit and $3 to buy a unit and

Kobotan [32]

Answer:

Min 2M + 3B

Explanation:

Data provided in the question

Let us assume M denotes the making units

B denotes the buying units

So,

Making cost per unit = $2

And, the buying cost per unit = $3

And, the total number of units required = 4,000 units

Based on the above information, the objective function is Min 2M + 3B.

This indicates the minimum total cost

Hence, the correct option is A.

7 0

2 years ago

Sebastian decides to open a tree farm. When deciding to open his own business, he turned down two separate job offers of $25,000

Umnica [9.8K]

Answer: C. Sebastian's economic profit is $4,000, and his accounting profit is $34,600.

Explanation:

Total Revenue = $50,000

Purchase of supplies = $15,000

Loan = $20,000 at 2% interest

Personal saving withdrawal = $20,000

Interest on personal savings = 3%

Accounting profit = Revenue - Expenses

Revenue = $50,000

Expenses = purchase in supplies + interest in loan

Expenses = $15,000 + (0.02 × 20,000)

Expenses = $15,000 + $400 = $15,400

Accounting profit = $50,000 - $15,400 = $36,600

Economic Profit = Accounting profit - Opportunity cost

Here best opportunity foregone = $30,000

Interest forgone on personal saving= $20,000 X 0.03 = $600

Total opportunity cost = $30,000 +$600 = $30,600

Thus Economic Profit = $34,600 - $30,600

= $4,000

7 0

1 year ago

Jim debt was reviewing the total accounts receivable. this month he received $80,000 from credit customers. this represented 40%

Eduardwww [97]

200,000 have to find what 10 percent is and multiply that by 10

4 0

1 year ago

Read 2 more answers