Jerry has $50,000 in his savings account and the average new car price is $23,000. does jerry have a demand for a new car?

Brainliest Week

Mrrafil [7]

Answer:

<h3>D. entrepreneurship </h3>

Explanation:

Entrepreneurship is one among the different types of productive resources that can be applied to produce goods and services.
Enterprise is a human ability or an action of organizing the different types of productive resources to produce goods and services in the most profitable and productive way.
It is a set of skills that individuals may use or apply while trying to produce a good.
Keisha negotiating with her parents and friends to give them a share of profit if they rendered their goods and services and asking permission from her principal is an entrepreneurial tactic which she is using to make her cupcakes sale successful.

0 0

3 years ago

The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials I

Rudik [331]

Answer:

$115,000

Explanation:

Data provided as per the question is below:-

Beginning balance = $81,000

Direct material issued = $27,000

Direct labor incurred = $7,000

The computation balance Process Inventory is shown below:-

Balance in the Work-in-Process Inventory = Beginning balance + Direct material issued + Direct labor incurred

= $81,000 + $27,000 + $7,000

= $115,000

4 0

2 years ago

You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangement

ddd [48]

Answer:

a. 1st option

No. of periods = 2*12 = 24 months

Annual interest rate = 7%, compounded monthly

so, monthly interest rate = rm = 7%/12

This is an annuity with a cash flow of $6100 per month for 24 months

C = 6100, no. of periods = n = 24, monthly rate = rm = 7%/12 = 0.00583333333333333

The value of present annuity can be find out using the given formula:

PVAnnuity = (C/rm)*[1-(1+rm)-n]

PVAnnuity = (6100/(7%/12)) * [1-(1+(7%/12))-24]

PVAnnuity = 1045714.28571429*0.130288079225785 = 136244.105704678

Answer -> Present value of first option = $136244.11

b. 2nd option

In 2nd option, there is an amount that is paid today and also, there is an annuity, with monthly cash flow of $5100 for 24 months. Current value of this option will be the sum of C0 and the current value of the annuity .

Amount paid today as signing bonus = C0 = $25000

Annuity -> C = 5100, rm = 7%/12, n = 24

PVannuity = (5100/(7%/12))*[1-(1+(7%/12))-24] = 874285.714285714*0.130288079225785 = 113909.006408829

The current value of the 2nd option = C0 + PVAnnuity = 25000 + 113909.006408829 = 138909.006408829

Answer -> Present value of the 2nd option = $138909.01

Explanation:

4 0

2 years ago

Read 2 more answers

After reading the article, select the statements that are correct. Choose one or more: A. The cost-of-living adjustment for 2020

Mama L [17]

Answer:

B. The former program trustee argues that the current inflation measure overcompensates seniors since it ignores the substitution effect.

C. According to advocates for seniors, the 2020 COLA is not enough to compensate for rising healthcare costs.

D. Elizabeth Warren has proposed using a new inflation measure that outpaces the current one used.

Explanation:

The article is, ''<em>Social Security checks to rise modestly amid push to expand benefits '' </em>by<em> Associated Press. </em>

Blahous is a former program trustee who believes that the current inflation adjustment rate at which Social security is increasing is overcompensating seniors because it does not take into account that seniors could be switching to buying cheaper products which is the Substitution effect.

Advocates and the seniors themselves have complained that the 2020 COLA is not enough to meet their current needs especially given the rising cost of healthcare.

Elizabeth Warren and Bernie Sanders both proposed using a new measure for inflation that will adequately compensate the seniors because it outpaces the current one used.

8 0

2 years ago

MaryJane’s Bakery manufactures and sells a variety of baked goods. The selling price per dozen of chocolate glazed dunuts is $8.

Roman55 [17]

Answer:

$4.20

Explanation:

4 0

2 years ago