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sergeinik [125]

2 years ago

5

A company's sales in year 1 were $310,000 and in year 2 were $347,500. using year 1 as the base year, the percent change for yea

r 2 compared to the base year is:

1 answer:

Vlad1618 [11]2 years ago

8 0

(347500 - 310000) ÷ 310000 × 100% =

12.0968%

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Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

tekilochka [14]

Answer: See explanation

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2 years ago

One inherent risk to using lean philosophy is that companies are at higher risk of inventory shortage during volatile times such

olganol [36]

Answer:

True

Explanation:

As in the lean philosophy the production is based on specific customer demands, there are chances that when the order is received then the inventory required is not present and that the inventory is not held in hand.

Whereas in the traditional philosophy the production is based on the principle of budgets and sales forecast, accordingly the sales keeps on moving and the inventory is also held in hand prior to confirmation of order from customers.

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2 years ago

Python Company sells merchandise on account for $5000 to Monte Company with credit terms of 2/10, n/30. Monte Company returns $1

Lisa [10]

Answer:

amount of the check = $3430

Explanation:

given data

sells merchandise account = $5000

credit terms of 2/10, n/30

Company returns = $1500

to find out

amount of the check

solution

we will find here amount of the check that is express here as

amount of the check = (sells merchandise account - Company returns) × (100 - n ) .......................1

put here value in equation 1 we get

amount of the check = (5000 - 1500 ) × (100% - 2%)

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2 years ago

Investments and loans base their interest calculations on one of two possible methods: the interest and the interest methods. Bo

IrinaK [193]

FV = PV Times (1 + r)^n
FV = PV + (PV Times r Times n)
False
False
True
Laura should invest in investment P

Investment = L FV = $66,485.49 Make this investment? No

Investment = M FV = $59,400 Make this investment? No

Investment = P FV = $77,318.37 Make this investment? Yes

Explanation:

Compound interest: FV = PV Times (1 + r)^n
Simple interest: FV = PV + (PV Times r Times n)
The process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods. False
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All other factors being equal, both the simple interest and the compound interest methods will accrue the same amount of earned interest by the end of the first year. True

Investment = L

Interest rate and method = 5% compound interest

Expected Future Value, FV = PV (1 + r)^n

FV = 45000 (1 + 0.05)^8

FV = 45000 * (1.05)^8

FV = 45000 * 1.477455 = $66,485.49

Make this investment? Yes / No

Investment = M

Interest rate and method = 4% simple interest

Expected Future Value, FV = PV + (PV * r * n)

FV = 45000 + (45000 * 0.04 * 8)

FV = 45000 + 14400 = $59,400

Make this investment? Yes / No

Investment = P

Interest rate and method = 7% compound interest

Expected Future Value, FV = PV (1 + r)^n

FV = 45000 (1 + 0.07)^8

FV = 45000 * (1.07)^8

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8 0

2 years ago