Answer:
FV= $240.08
Explanation:
Giving the following information:
Sue now has $125.
Number of periods= 8 years
Interest rate= 8.5% with annual compounding
<u>To calculate the future value of the investment, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 125*(1.085)^8
FV= $240.08
Answer:
Option B (By embracing lower operating costs it's much more likely to handle price rises) is the correct choice.
Explanation:
- Cost management or leadership seems to be an organizational practice introduced by Michael Porter. This helps build organizational competitive benefits. Price leadership relates to supplying the market with the cheapest operating costs, which varies from the pricing strategy.
- Sometimes it is driven by performance, size, complexity, reach, infrastructure as well as the perspective of the organization.
Some other options given should not be concerning the condition in question. And the correct response would be alternative B.
Answer:
$62,000
Explanation:
The partnership had a total ordinary income of $200,000. Then guaranteed payments were made to its three partners Molly, Amber and Pat of $20,000 each $20,000 x 3 = $60,000.
$200,000 - 60000
= $140,000
So the partnership adjusted income is reduced to $140,000, out of that amount, 30% belongs to Molly.
30/100 × 140,000
= $42,000
Molly's share of the partnership adjusted income is $42,000.
Molly's total earnings from the partnership are $62,000
= $20,000 + $42,000
= $62,000
