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Step2247 [10]
2 years ago
11

Ana is thinking about putting $200 in a savings account that earns 4% interest compounded semiannually. She wants to keep that m

oney in the account for 2 years. Which of the formulas below can help her calculate how much money she will have at the end of the 2 years?
Business
2 answers:
KengaRu [80]2 years ago
5 0

Answer:

$200(1+0.02)^4 -- APEX

Explanation:

Guessed this was answer

rjkz [21]2 years ago
3 0
Compound interest formula:
A = P * ( 1 + r/n ) ^(n t)
In this case:
A = $200 * ( 1 + 0.04/2 )^(2*2) =
= $200 * ( 1.02)^4 =
= $200 * 1.08243 = $216.49
Answer: At the end of the 2 years she will have $216.49.  
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Kermit's Hardware's (KH) fixed operating costs are $20.8 million and its variable cost ratio is 0.30. The firm has $10 million i
motikmotik

Answer:

Option (a) is correct.

Explanation:

EBIT:

= Revenues - Fixed operating costs - (variable cost ratio × revenues)

= $32.2 - $20.8 - (0.30 × 32.2)

= 1.74  million

KH's degree of total leverage:

= (EBIT + Fixed cost) ÷ (EBIT - Interest)

= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]

= 26.83

Therefore, the KH's degree of total leverage is 26.83.

3 0
2 years ago
It takes 3 minutes to load and 2 minutes to unload a machine. Inspection and packing times total 1 minute; travel between machin
oksano4ka [1.4K]

Answer:

(a) The ideal machine assignment time is 7 minutes

(b) Duration of the repeating cycle is 25 minutes. Yes, there will be idle operator time of 7 minutes

(c) Cost per unit produced if three machines are assigned to an operator is $13.88 per unit

Explanation:

Loading = 3 minutes

Unloading = 2 minutes

Run time = 20 minutes

Inspection and packing times = 1 minute

Operators cost $10 per hour

Machines cost $30 per hour

(a) Ideal machine assignment = Machine cycle time ÷ Operator time per machine

Here, Machine cycle time = run time + load time + unload time

= 20 + 3 + 2

= 25  minutes

Operator time per machine = load time + unload time + inspection and packing time = 3 + 2 + 1 = 6

Hence, Ideal machine assignment = 25 ÷ 6 = 4.166=4.17 machine

(b) The number of machine assigned is less than ideal machine assignment hence, Operator will be idle.

Duration of repeating cycle = loading time + unloading time + machine run time = 3+2+20 = 25 minutes

Idle operator time = Cycle time - (number of machines assigned × (load time+ unload time+ inspection and packaging time))= 25- [3×(3+2+1)]

=25-18

=7 minutes

(c) Total cost of per unit produced = ((cost per operator hour + number of machines assigned × cost of per machine hour) × ((loading & unloading time + machine run time)÷60) )) ÷ number of machine

=( (10+[3×30]) × ((3+2+20) ÷ 60)) ÷ 3

=(100 × .416) ÷ 3

= 25 ÷ 3

= $13.88 per unit.

0 0
2 years ago
In its first year of operations, Grace Company reports the following: Earned revenues of $60,000 ($52,000 cash received from cus
marshall27 [118]

Answer:

D) $25,000

Explanation:

Accrual basis is a method of recording accounting transactions for revenue when earned (rather than when the cash is received) and expenses matched with revenues when incurred (rather than at the time when expenses are paid).

In the year, Grace Company earned revenues: $60,000

Expense incurred: $35,000

Prepaid $8,000 that will be expense next year.

Net Income = Earned revenues - Expense incurred = $60,000-$35,000 = $25,000

7 0
1 year ago
Data related to the inventories of Mountain Ski Equipment and Supplies is presented below:
Ksivusya [100]

Answer:

C) $130,000

Explanation:

Based on the lower of cost or market rule, the valued of the inventory would be

Replacement cost = $130,000

Selling price = $150,000 - $150,000 × 10% = $135,000

After considering the normal gross profit ratio, the value would be

= $135,000 - $150,000 × 20%

= $105,000

If we compare the cost and replacement value, then the less value would be considered i.e $130,000

8 0
1 year ago
Bradford Company derived the following cost relationship from a regression analysis of its monthly manufacturing overhead cost:
Firdavs [7]

Answer:

Bradford's estimated variable manufacturing overhead cost is $127,200

Explanation:

The cost function=$83,000+$12M

where M stands for machine hours required to produce the expected output in the month under review.

Each one-six unit case of Bradford's single product requires two machine hours,hence 5,300 cases would require 10,600 hours(5,300*2hrs).

Total estimated variable manufacturing overhead=cost per machine hour*expected number of machine hours

cost per machine hour is $12 as seen in the cost function

estimated variable manufacturing overhead=$12*10,600=$127,200

3 0
2 years ago
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