The number of months that it would take me to accumulate the Birr 3,000,000 is 50 months.
How many months would it take to accumulate 3,000,000?The equation that represents the total amount saved :
Total amount =amount invested + total interest earned + total amount earned
Total interest earned = amount invested x time x interest rate
2,000,000 x 0.005 x m = 10,000m
Total amount earned = savings per month x total number of months
10,000m
3,000,000 = 2,000,000 + 10,000m + 10,000m
3,000,000 - 2,000,000 = 20,000m
1,000,000 = 20,000m
m = 50 months
To learn more about interest, please check: https://brainly.com/question/26164549
#SPJ1
When purchase cost regularly rise the inventory costing method that use the highest reported net income is
The inventory costing approach that produces the largest reported net profitability while purchase costs are consistently rising is the FIFO method.
What does accounting's inventory technique entail?
Accountants eliminate their company's inventory costs and report them as the cost of goods sold for accounting valuation using an inventory cost flow assumption. These presumptions include FIFO, LIFO, and WAC as examples.
Thus,
The inventory costing approach that produces the largest reported net profitability while purchase costs are consistently rising is the FIFO method.
Learn more about inventory method:
https://brainly.com/question/17097250
#SPJ1
what role would money play in equity theory
Answer:
I’m assuming that people might want to work more because they are basically being bribed to work.
Explanation:
they would end up wanting to work longer periods of time.
Calculating changes in price level
Based on the given costs at the end of each year, the price index for all given years are:
2006 = 100.2007 = 120.2008 = 132.What are the price indexes?This can be found by the formula:
= Total cost in current year / Total cost in base year x 100
2006 is the base year.
Price index in 2006:
= 1,575 / 1,575 x 100
= 100
Price index in 2007:
= 1,890 / 1,575 x 100
= 120
Price index in 2008:
= 2,079 / 1,575 x 100
= 132
Find out more on price index at https://brainly.com/question/1889164.
#SPJ1
Pretty lady cosmetic products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers. Assume sales of $1,200,000 and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable. What would be the net financing need considering only these three accounts
Based on the sales, cost of goods, and days on average, the average investment of Pretty Lady Cosmetics is:
Average Receivables - $115,068.50.Average Inventories - $36,986.30.Average payables - $96,630.14.Net financing needs - $53,424.66.What are the average investments for Pretty Lady Cosmetic Products?The Average Receivables are:
40 days = Average AR ÷ (1,200,000/365)
= $115,068.50
The Average Inventories:
15 days = Average inventory ÷ COGS per day
15 = Average inventory ÷ (900,000 / 365)
= $36,986.30
The Average payables:
40 days = Average payables ÷ COGS per day
40 = Average payables ÷ (900,000 / 365)
Average payables = $98,630.14
Net financing needs:
= Average Inventories + Average Receivables - Average payables
= 115,068.50 + 36,986.30 - 98,630.14
= $53,424.66
Find out more on Average Payment period at https://brainly.com/question/24178209.
#SPJ1
what is excutive branch
Answer:
The executive branch carries out and enforces laws. It includes the president, vice president, the Cabinet, executive departments, independent agencies, and other boards, commissions, and committees. :)
71. Before businesses can effectively use relevant data, they need to determine the type of
A. information that is needed.
B. computer system to purchase.
C. report that is required.
D. collection process to develop.
Answer:
A information that is needed
Explanation:
1. Why didn’t a planet form here?
Answer:
Hi!
so if you mean earth and I just have to guess about your question,
I think Earth is a planet so it would have needed to form.
Explanation:
it needed to form.
What results when work seeps into non-work time?
burnouts im guessing
When working with a leader who is lack of leader integrity, the follower is less likely _______.
look for other job opportunities
volunteer to extra work assignments
displace aggression toward coworkers
receive mistreatments
When working with a leader who is lack of leader integrity, the follower is less likely to B. volunteer to extra work assignments.
Who is a leader?It should be noted that a leader simply means an individual who guides others and oversees their activities to achieve a particular goal.
In this case, when working with a leader who is lack of leader integrity, the follower is less likely to volunteer to extra work assignments
Learn more about leaders on:
brainly.com/question/12522775
#SPJ1
COST OF COMMON EQUITY WITH FLOTATION Ballack Co.’s common stock currently sells for $46.75 per share. The growth rate is a constant 12%, and the company has an expected dividend yield of 5%. The expected long-run dividend payout ratio is 25%, and the expected return on equity (ROE) is 16%. New stock can be sold to the public at the current price, but a flotation cost of 5% would be incurred. What would be the cost of new equity?
Based on the stock price of Ballack Co., the dividend, and the growth rate, the cost of new equity is 17.26%.
What is Ballack Co's cost of new equity?This can be found as:
= (Next dividend / (Current price x (1 - floatation cost) ) + Growth rate
Solving gives:
= ( (46.75 x 5%) / (46.75 x ( 1 - 5%)) + 12%
= ( 2.33 / 44.41) + 12%
= 17.26%
Find out more on cost of new equity at https://brainly.com/question/22984873.
#SPJ1
Millbridge Ambulance Service (MAS) has been considering consolidating its three locations into just two locations. The location MAS is considering closing currently costs $155,000 to operate. If the location is closed, the ambulances from that location would be moved to the other two locations. The savings from the closure would be partially offset by increased expenses at the two remaining locations. MAS will lose $40,000 of state subsidy if it closes the location. MAS wants to close the location only if the closure results in an overall financial improvement. The current costs of the location are as follows: The general and administrative expenses of $20,000 are an allocation of costs from the central office. The costs of the central office are not affected by the existence of the specific locations. If the location is closed, the staff will be transferred to the other two locations, and the lease will be canceled, so there will be no rent or repairs and maintenance. While it will not purchase supplies for this location, the supply cost of the other two locations will rise by $20,000. What should MAS do?
Millbridge Ambulance Service (MAS) should not go ahead with consolidating its three locations into two because it will have a negative cost savings of $5,000.
What are cost savings?Cost savings refer to the benefits that Millbridge can realize from some actions that reduce its expenses or costs.
Cost savings are derived from cost minimization strategies.
Data and Calculations:Salaries of staff = $80,000
Rent = $20,000
Repairs/Maintenance = $10,000
General /Administration = $20,000
Supplies = $25,000
Total = $155,000
Savings in costs:Loss of state subsidy = -$40,000
Rent = $20,000
Repairs/Maintenance = $10,000
Supplies = $5,000 ($25,000 - $20,000)
Total savings = -$5,000
Thus, Millbridge Ambulance Service (MAS) should not go ahead with consolidating its three locations into two because it will have a negative cost savings of $5,000.
Learn more about cost-saving strategies at https://brainly.com/question/24437926
#SPJ1
Why do people donate to charitable organizations? Choose three answers.
to do what is right
to support a cause
to develop their skills
to earn college credit
to spend time with friends
To support a cause do people donate to charitable organizations. Hence, option B is correct.
What are charitable organizations?sum factor Productivity is a gauge of an economy's or business's level of efficiency. An equation that generates a number serves as the foundation for the measurement itself. The goal of TFP is to evaluate how new technology, improved processes, and improved education and training will affect overall productivity.
An economy may create and consume more goods and services for the same amount of effort when productivity is growing. Individuals, corporate executives, and analysts value productivity.
Physical productivity growth drives up the value of labor, which in turn drives up pay. Employers look for schooling and on-the-job training because of this.
Thus, option B is correct.
For more information about charitable organizations, click here:
https://brainly.com/question/14941039
#SPJ2
ARTICLES OF ASSOCIATION
Answer:
Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.
Explain how scarcity relates to the decision you made as the president of the United States.
Because scarcity increases negative emotions, it ends up affecting one's decisions. Socioeconomic scarcity can be caused by depression or anxiety. A president would be making decisions based on the negativity. But in the U.S.A the government deals with scarcity by implementing quotas on how much people can buy.
Hope this helps,
ROR
An example of a quantity restriction is
A.
price supports in agriculture.
B.
an import quota.
C.
the minimum wage.
D.
rent controls.
An example of a quantity restriction is an import quota. (Option B). See explanation for same below.
What is import quota?Import quotat is a kind of restriction that is used to control the maount of goods that is allowed into a country.
Sometimes it is used to restrict the quality of goods whose consumption the government wants to discourage.
Hence, it is correct to state that an example of a quantity restriction is an import quota. (Option B).
Learn more about import quota at:
https://brainly.com/question/15115132
#SPJ1
What trigonometric expression can be used to find the value of x? Replace a and b with the correct values.
A triangle with base side labeled 12 and vertical leg labeled x. Angle at top vertex is labeled 25 degrees. Angle at right vertex is marked right angle
The trigonometric expression that can be used to find the value of x is tan(x) = 12/x
How to determine the trigonometric expression?From the question, we have the following parameters:
Vertical Leg = xBase length = 12Angle at the vertical side = 25 degreesThe measure of x is then calculated using the following tangent ratio
tan(x) = Base length/Vertical leg
Substitute known values
tan(x) = 12/x
Hence, the trigonometric expression that can be used to find the value of x is tan(x) = 12/x
Read more about trigonometric expression at:
https://brainly.com/question/8120556
#SPJ1
explain two strategy that can be used to mitigate against this economic challenge
Answer:
solo 1 :(
Explanation:Esto depende de las circunstancias de cada país, pero incluyen aplazar el pago de impuestos, otorgar subsidios salariales y transferencias monetarias a los grupos más vulnerables; ampliar el seguro de desempleo y la asistencia social, y ajustar temporalmente las garantías de crédito y las condiciones de los préstamos
You are offered $1,000 today, $10,000 in 12 years, or $25,000 in 25 years. Assuming that you can earn 11 percent on your money, which offer should you choose?
Based on the amounts offered and their present values, the best offer is $10,000 for 12 years.
Why the second alternative can be chosen?The second alternative is chosen, because this is chosen as it gets the higher amount of present value, the following are the calculations:
The present value of Offer 1 is $1,000. The present value of Offer 2 is $2,858 (10,000 / (1 + 11%)²)The present value of Offer 3 is $1,840 (25,000 / (1 + 11%)³)Therefore, option 2 has the highest present value and so should be picked.
Learn more about the present value, refer to:
https://brainly.com/question/17322936
#SPJ1
Recommend ways in which TQM can reduce the cost of quality
Answer:
You can reduce the cost of quality through prevention efforts, improving worker training, and using quality management software that streamlines your quality workflow.
Please mark me as brainliest if this helped!
You are considering the purchase of real estate that will provide perpetual income that should average $50,000 per year. How much will you pay for the property if you believe its market risk is the same as the market portfolio’s? The T-bill rate is 3%, and the expected market return is 8.0%.
Dynamic Industries paid a dividend of $1.65 on its common stock yesterday. The dividends of Wallace Industries are expected to grow at 9% per year indefinitely. If the risk-free rate is 3% and investors' risk premium on this stock is 8%, estimate the value of Wallace Industries stock 2 years from now.
For dynamic Industries paid a dividend of $1.65 on its common stock yesterday, the value of Wallace Industries stock 2 years from now is mathematically given as
SV= 106.84
What is the value of stock in 2 years?Generally, the equation for the rate of return is mathematically given as
Ke = Rf + risk premium
Therefore
Ke= 3% + 8%
Ke=11%
Hence
D3=Do*(1+g)^3
D3=1.65 x (1+0.09)^3
Do= 2.137
In conclusion, the value of stock in 2 years is
SV= D3/ (Ke-g)
Therefore
SV= 2.137/(0.11-0.09
SV= 106.84
Read more about stock
https://brainly.com/question/12737015
#SPJ1
Free Internet?
Everyone should have free Internet access to education, news, jobs, and more.
The graph plots education and news on the x-axis and other goods and services on the y-axis.
Draw the economy's PPF before the Internet and label it PPF0.
Draw the PPF after the arrival of the Internet if the effect on education and news is greater than on other goods and services. Label it PPF1.
Answer:
graph below
PPF shifted rightward, but shift on education and News is higher because effects of Internet is higher in Education and News
Explanation:
With the Internet, more education and news and more other goods and services can be produced. The production of other goods and services increases by less than the increase in education and news when all resources are used. The PPF shifts outward.
Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpose for holding money. When price levels rise, people hold onto cash. When interest rates are low, people forgo interest income. When aggregate income is high, people hold cash to buy goods that are plentiful and cheap. When interest rates are low, people speculate that they will soon increase. Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. arrowRight Ben is a consumer and decides not to purchase luxury items because they are too expensive. arrowRight Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. arrowRight Daphne is holding onto her money as she feels that the interest rate will go up soon. arrowRight
The purpose for holding money in economic in classified into:
transactional motiveprecautionary motivespeculative motiveThe Drop-downs includes:When price levels rise, people hold onto cash. - Speculative motiveWhen interest rates are low, people forgo interest income - Speculative motiveWhen aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.When interest rates are low, people speculate that they will soon increase - Speculative motiveAndy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motiveBen is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motiveChad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motiveDaphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motiveRead more about holding motives
brainly.com/question/16287958
#SPJ1
You are offered Birr 1,000 today, Birr 10,000 in 12 years, or Birr 25,000 in 25 years. Assuming that you can earn 11 percent on your money, which offer should you choose?
Based on the amounts that you are offered and their present values, the offer you should pick is Birr 10,000 in 12 years.
Which offer should you pick?You should pick the offer with the highest present value.
Offer 1 present value:
= Birr 1,000
Offer 2 present value:
= 10,000 / (1 + 11%)²
= Birr 2,858
Offer 3 present value:
= 25,000 / (1 + 11%)³
= Birr 1,840
In conclusion, option 2 has the highest present value and so should be picked.
Find out more on present value calculations at https://brainly.com/question/27821989.
#SPJ1
what role should foreign expansion play in Starbucks' strategy?
Answer:
There are three roles that should come into play: Subsidiaries, joint ventures, and licensing. The main role that should be used is joint ventures.
Answer:
Foreign expansion will ensure that global expansions don't dilute their culture, meaning they can lead the company similar to how a small-business is lead.
Cecilia has studied economics and knows about the value and investment potential of diamonds. The price of
diamonds has recently decreased, and a new
necklace while the prices are lower.
diamond mine has opened nearby. Cecilia decides to buy a diamond
How did Cecilia's knowledge of economics help her make a savvy commodity purchase?
• She knew that diamonds are popular and in high demand.
O She knew that diamonds are
a nonrenewable resource, making them scarce.
O She knew that the cost of diamonds depends only on the demand.
She
knew that the purchase of diamonds will satisfy wants and needs.
Cecilia knew that diamonds are popular and in high demand, hence option A is the correct answer.
The economics of Value and Investment.The definition of value investing is the ability to identify a commodity of a good that has the potential to sell at a higher price value compared to the amount they are currently trading at.
In summary, it involves buying at a lower price and selling at a higher price.
Learn more about value investing here:
https://brainly.com/question/6786326
#SPJ1
Answer:
A
Explanation:
what are the types of outsurance company
The main type of Insurance company includes:
General insurance companyLife insurance companyReinsurance companyWhat is the role of Insurance company?These are financial institution that provide insurance covers to intending policyholders.
Therefore, the main type of Insurance company includes general insurance company, Life insurance company and Reinsurance company.
Read more about Insurance company
brainly.com/question/13641753
#SPJ1
list jobs that hire 14 years olds in harrisburg pa
Answer:
Macdonald'sExplanation:
Macdonald's hires 14-15 year old's after school and on weekends
Why does an excise tax on gasoline exist?
Problem solving is defined as
Answer:
Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution