The future value of a current investment is calculated through the equation,
F = P x (1 + i)^n
where F is the present value, F is the future value, i is the nominal interest rate, and n is the number of years.
Substituting the known values,
F = ($375)(1 + 0.03)^1 = $386.25
Hence, the answer to this item is letter C.
Answer:
What is the best type of fee arrangement for Lily?
b. Contingency fee
Explanation:
Contingency fee. Those clients do not have to give us any money at the start of the case to represent them.
Explanation:
Aggregate planning can be defined as a marketing tool whose objective is to develop a 6 to 18 month plan for the organizational production process, in order to plan in advance the need for the amount of materials and resources that a company needs to have in each period time, so costs are reduced.
Some aggregate planning decisions involve the amount of subcontracting items, the amount of outsourcing, overtime hours, the amount of inventory to be maintained and to be accumulated in a certain period, etc.
Aggregated planning helps the organization to meet demand and supply in a period of time, and it is also possible to be an instrument of influence on supply and demand, so an organization that offers a variety of products and / or services could face difficulties management of all the variables necessary for the production of varied items, as this planning takes time, affects costs, customer satisfaction, synchronization of the supply chain, etc.
Answer:
$312,000
Explanation:
Given that,
August Sales = $300,000
July sales = $330,000
Customer amounts on account are collected 60% in the month of sale and 40% in the following month.
Cash Receipts during August:
= (August Sales × 60%) + (July Sales × 40%)
= ($300,000 × 60%) + ($330,000 × 40%)
= $180,000 + $132,000
= $312,000
Therefore, the cash is budgeted to be received during August is $312,000.
