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1 year ago

7

It is estimated that the annual maintenance cost of a statue erected in front of a public building in a state capital would be $

1,000. Assuming an interest rate of 4% year compounded monthly, determine the capitalized cost for maintaining the statue.

1 answer:

Over [174]1 year ago

3 0

Answer:

225558 jhdsyjnpgdsejnjide

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Sally's Chocolate Company makes gourmet cupcakes which are sold by the dozen. Compute the standard cost for one dozen cupcakes,

Andrej [43]

Answer:

The correct answer is $15.69.

Explanation:

According to the scenario, computation of the given data as follow:-

We can calculate the cupcake sold by the dozen by using following formula:-

Cost for a dozen cupcake = Direct material + Direct labor + Factory OH

Where,

Direct material = 4.25 × $0.56 = $2.38

Direct labor = 1.10 × $8.30 = $9.13

Factory overhead = 1.10 × $3.80 = $4.18

By putting the value in the formula, we get

= $2.38 + $9.13 + $4.18

= $15.69

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1 year ago

James Brolen is a man of many talents and abilities. After six months in business, however, things aren't going well, and Brolen

Mashcka [7]

Answer:

He should focus on customer needs.He should spend his time in the office working rather worrying about home or hobbies.

Explanation:

Brolen's biggest problem is that he is not satisfying customers' needs. He doesn't have a definite Business Plan or strategy to work things out. He does not have a set of targets to achieve and doesn't take the business professionally .He needs guidance to plan out his business activities and needs to work properly without worrying much about home or his hobbies. He should spend his time in the office working rather worrying about home. Spending time on too much emailing will not help him . He needs marketers and other business persons to plan implement and execute business strategies to satisfy customer needs.

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1 year ago

Read 2 more answers

If you compute the price elasticity of demand using a quantity of tickets from 1 to 8 and using a quantity of tickets from 1,000

LenKa [72]

Answer:

The correct answer is option B.

Explanation:

The value of price elasticity of demand will be the same if the quantity of tickets changes from 1 to 8 and 1,000 to 8,000. The price elasticity is calculated on the basis of proportionate change in quantity demanded.

The proportionate change in quantity demanded is the same in both cases. So, the price elasticity of demand will also be the same.

4 0

1 year ago

Assume the current Treasury yield curve shows that the spot rates for six months, one year, and one and a half years are 1 %1%

Ludmilka [50]

Answer:

present value of bond = $1042.96

Explanation:

given data

spot rates for six months = 1%

spot rates for one and = 1.1%

spot rates for one and half years = 1.3%

price = $1000

coupon bond = 4.25%

time = 6 month

solution

we get here first price on bond paid that is

coupon paid = $1000 × 4.25 × 0.5 = $21.25

we get here present value of 6 month and 1 year and 1 and half year

present value = $\frac{coupon\ payment }{(1+\frac{spot \ rate}{2})^t}$ ..............1

present value of 6 month = $\frac{21.25}{(1+\frac{0.1}{2})^1}$ = 20.23

present value of 1 year = $\frac{21.25}{(1+\frac{0.011}{2})^2}$ = 21.01

present value of 1 year and half year = $\frac{21.25}{(1+\frac{0.013}{2})^2}$ = 20.97

and

now we get present value of par value in 1 and half year

present value of par value in 1 and half year = $\frac{par\ value}{(1+\frac{spot rate}{2})^3}$

present value of par value in 1 and half year = $\frac{1000}{(1+\frac{0.013}{2})^3}$

present value of par value in 1 and half year = 980.75

so

present value of bond will be as

present value of bond = 20.23 + 21.01 + 20.97 + 980.75

present value of bond = $1042.96

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1 year ago

Andrea is a famous rodeo competitor. she contracts with wild ride horse sales to purchase five pedigreed horses, which are desig

Ostrovityanka [42]

The answer is <span>takes place when the contract is made.
When the contract is made in unitde states, the Identification that held by all the parties involved will be included/mentioned in the contract.
This is done to ensure that all the parties followed their obligation in the contract and the government could verify that the correct people are held responsible.</span>

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1 year ago