Answer:
The budgeted sales revenue is : $168,000
Explanation:
In 2019, as Mary's Basket Company has the opening Inventory balance of 2,000 baskets; projects to manufactures 24,000 baskets, plans to maintain ending inventory at $2,000 baskets without any work-in-process inventory; We have the baskets available for sales in the year of 2019 is:
Actual Ending Balance of 2018 + Projected manufactured baskets during the year 2019 - Planned ending Balance of the year 2019 = 2,000 + 24,000 - 2,000 = 24,000
The unit price is projected at $7.
Thus, we have the projected sales revenue is:
Projected Unit price x Projected baskets available for sales = 7 x 24,000 = $168,000
Answer:
E) 4.96%
Explanation:
The computation of the APR could be determined by applying the RATE formula i.e. shown below:
Given that
PMT = $402.18
Present value = $25,000
NPER = 6 × 12 = 72
FUture value = $0
The formula is shown below:
=RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the annual percentage rate of the loan is
= 0.4135% × 12
= 4.96%
hence, the correct option is E.
Answer:
$4,198.10
Explanation:
Compounding and discounting are the methods used to determine the present and future value of money.
Compounding shows the Future value of an amount today while discounting shows the present value of a future amount.
Fv = Pv ( 1 + r )^n
where
Fv = Future value
Pv = Present value
r = discount rate
n = time
5000 = Pv ( 1 + 0.06)^3
Pv = 5000(1.06)^-3
= $4,198.10
The answer that would best complete the given statement above would be option C. In theory, to gain one pound <span>of body weight per week, you'll need to consume additional 500 calories per day in a week. Hope this answers your question. Have a great day!</span>
Answer:
The correct answer is b) Investing is riskier than putting money in a savings accounts.
Explanation:
Generally, companies or individuals make investments to obtain benefits in a longer-term, these monetary investments are made to increase profits.
The investments can generate profits, and also, can generate losses, one of the disadvantages of the investment being the uncertainty that the product or project in which you are investing has the desired results. Therefore, many people believe that one way of not putting their money at risk is to save money instead of investing it.
Through savings accounts the person only deposits the money, these funds will be at your disposal whenever you want, also, this money will generate interest according to the amount saved.
<em>I hope this information can help you. </em>