Answer:
$388,017.16
Explanation:
The amount that shall be accumulated at the beginning of retirement to provide a $2,500 for the period of 25 years shall be determined through the present value of annuity formula which is mentioned below:
Amount that should be accumulated=R[(1-(1+i)^-n)/i]
In the given question
R=monthly check that will be received=$2,500
n=number of months during which monthly checks will be received=25*12=300
i=interest rate compounded monthly=6/12=0.50%
Amount that should be accumulated=2500[(1-(1+0.50%)^-300)/0.50%]
=$388,017.16
The question is incomplete. Here is the complete question.
Arden Company reported the following costs and expenses for the most recent month: Direct materials $ 79,000 Direct labor $ 41,000 Manufacturing overhead $ 19,000 Selling expenses $ 22,000 Administrative expenses $ 34,000 Required:
1) What is the total amount of product costs?
2) What is the total amount of period costs?
3) What is the total amount of conversion costs?
4) What is the total amount of prime costs?
Answer:
(1) product cost = $139,000
(2) period cost = $56,000
(3) conversion cost = $60,000
(4) prime cost = $120,000
Explanation:
(1) The total product costs can be calculated as follows.
= Direct material + direct labor + manufacturing overhead
= $79,000 + $41,000 + $19,000
= $139,000
(2) The period cost can be calculated as follows
= selling expenses + administrative expenses
= $22,000 + $34,000
= $56,000
(3) The conversion cost can be calculated as follows
= direct labor + manufacturing overhead
= $41,000 + $19,000
= $60,000
(D) The prime cost can be calculated as follows
= Direct material + direct labor
= $79,000 + $41,000
= $120,000
B. Short-run marginal cost increases as output increases
C. Long-Run marginal cost increases as output increases
D. Short-run average cost increases as output increases
E. As output doubles, long run total cost more than doubles
Answer:
B. Short-run marginal cost increases as output increases
Explanation:
diseconomies of scale are the cost disadvantages that economic actors accrue due to an increase in organizational size or on output, resulting in production of goods and services at increased per-unit costs.
b. The WTO seeks to reduce remaining trade barriers through multilateral negotiations.
c. The WTO is headquartered in Belgium.
d. Existence of the WTO has allowed most member countries to replace their local currencies with a universal currency beginning in 2002.
Answer:
a) & b) are true. c) & d) are false.
Explanation:
WTO is an international (intergovernmental) organisation, supervising international trade between countries.
a) is true. It seeks to establish impartial procedures for resolving trade disputes among its members.
It seeks to reduce remaining trade barriers through multilateral negotiations, b) is true
c) is false. It is headquartered in Geneva, Switzerland (not Belgium)
d) is false. Existence of the WTO has allowed most member countries to replace their local currencies with a universal currency beginning in 2002. It is an international trade organisation, not monetary policy organisation.
Answer:
D)fraud
Explanation:
From the question, we are informed about Olive, the owner of Olive’s Orchard, contracts to sell its harvest to Pure Foods, Inc. Later Olive refuses to perform. Pure Foods files a suit to enforce the contract. Olive and Pure Foods are in a state that does not recognize the doctrine of unconscionability. To defend successfully against enforcement of the contract on similar grounds,. In this case, Olive might rely on traditional notions of a fraud. Fraud can be regarded as an act of deception which is intentional to deprive those that fall for it their legal right. It is activities that gives the perpetrator an unlawful gain or to deny a victim their right. It is carried out by people to get financial or personal gain in an unlawful manner. Some types of fraud that are common are are tax fraud, bankruptcy fraud. as well as credit card fraud,
Answer:
False
Explanation:
This is a True/False question and the answer is false because of the reason highlighted below.
When there's a decrement in the values of the market price of a 100 shares, there's a high probability that one will receive a margin call. The essence of the margin call is none other than asking to make up for the loss in the decreased value of the 100 shares because legally, the brokerage firm have the right to sell one's shares in other to cover your losses.
And also because, buying on margin can never be an "interest free.", this is the reason why the broker will demand the payment of interest on the loan.
The question discusses margin trading in the stock market, where the investor borrows money from a broker to buy more shares. In this example, the investor buys 100 IBM shares at $120 each, contributing half the total cost and borrowing the rest. If the share price rises, the investor can sell, repay the loan, and make a profit.
The topic here is related to stock market investing and more specifically, margin trading. When you buy on margin, you are essentially borrowing money from your broker to purchase more stocks than you could with just your available cash. In your example, you bought 100 shares of IBM for $120/share, which totals $12,000.
Since the margin on your account is 50%, this means that you only need to provide half of this amount, or $6,000, and the broker will loan you the remaining $6,000. The goal is that the price of IBM shares sufficiently rises, at which point you may choose to sell your shares, repay the broker's $6,000 loan, and then keep any remaining profit as your capital gain.
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Yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid. The Yield to maturity is 8
The annual percentage rate of return on a bond calculated under the assumption that the investor would hold the bond until it matures is known as the yield to maturity (YTM). The amount is the sum of the remaining coupon payments. The yield to maturity fluctuates according to the market price of the bond and the number of payments left to make.
The yield is the total return that an investor in a bond will receive from the moment the bond is purchased until it matures. As an example, a city might issue bonds that have a 2.192% yield and will maturity on September 1, 2032.
= 8% x 1000/10
= 80/10
= 8
To learn more about Yield to maturity refer to:
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