The estimated percentage price change for a five-year, $1,000 par value bond, with a 6 percent coupon, if the yield rises from 8 percent to 8.5 percent is -2.14%. The answer is (d) -2.1 percent.
To estimate the percentage price change for a bond, we can use the following formula:
Percentage price change = - (duration) x (change in yield)
The duration of a bond is a measure of its sensitivity to changes in interest rates. For a bond with semiannual payments, the duration can be calculated as follows:
Duration = [(1 x PV01) + (2 x PV02) + ... + (n x PV0n)] / (2 x Bond Price x (1 + Yield/2)^n)
where:
PV0i = Present value of cash flow i
n = Number of periods (semiannual periods in this case)
The PV01 is the present value of a basis point change in yield and can be calculated using bond pricing software or Excel. For this calculation, we will assume a PV01 of $9.10.
Using the above formula, we can calculate the duration of the bond as follows:
Duration = [(1 x $8.73) + (2 x $8.38) + (3 x $8.03) + (4 x $7.69) + (5 x $925.35)] / (2 x $1,000 x (1 + 0.08/2)^10)
Duration = 4.28
Using the formula for percentage price change, we can calculate the estimated price change as follows:
Percentage price change = - (duration) x (change in yield)
Percentage price change = - (4.28) x (0.005)
Percentage price change = -0.0214 or -2.14%
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Employees tend to stay with one company for their entire careers.
Please select the best answer from the choices provided
OTrue
OFalse
Answer:The answer would be true, unless the employee had to leave for personal reasons
Explanation:
Which of the following are typically not part of the duties of a corporate travel manager?
-planning meetings and conferences
-managing travel budgets
-arranging business travel for company employees
-booking a cruise for employees' families
Answer:
booking a cruise for employees' families
Explanation:
A corporate travel manager is a senior officer in a company whose duties revolve around facilitating business travel. Their roles include planning business trips, organizing the company's business events, and any other corporate travel-related tasks.
The corporate travel manager is in charge of implementing the travel budget. They have to find the most cost-effective way of traveling without compromising business productivity and the corporate image.
Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions: Round your answers to one decimal placea. What would be the percentage change in nominal GDP? b. What would be the percentage change in real GDP?Suppose the prices of both apples and bread double between year 1 and year 2 and quantities remain unchanged. Instructions: Round your answers to one decimal place a) What would be the percentage change in nominal GDP?% b) What would be the percentage change in real GDP?
Answer:
1. Suppose Quantity of Apple sold in year one & two = 100Kg.
Price in year 1 = $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price * Quantity = 1.50*100 = $150
Nominal GDP year 2 = 3*100 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1 = Nominal GDP of year 1 = $150
Real GDP of year 2 = 1.50*100 = $150
Change in Real GDP = 0%
2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units
a. Nominal GDP year 1 = 1*100+1.5*100 = $250
Nominal GDP year 2 = 2*100+3*100 = $500
Percentage change in Nominal GDP = 500-250/500 * 100 = 100%
b. Real GDP year 1 = $250
Real GDP year 2 = 1*100 + 1.5*100 = $250
Percentage change in Real GDP = 0%
The percentage change in nominal GDP is 100% and the Change in Real GDP is 0%.
Percentage change in nominal GDP1. Price in year 1
Price in year 1= $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price ×Quantity
Nominal GDP 1 = 1.50×100
Nominal GDP 1 = $150
Nominal GDP year 2 = 3×100
Nominal GDP year 2 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1
Real GDP of year 2 = 1.50×100
Real GDP of year 2 = $150
Change in Real GDP = 0%
2a. Nominal GDP year 1
Nominal GDP year 1 = 1×100+1.5×100
Nominal GDP year 1 = $250
Nominal GDP year 2 = 2×100+3×100
Nominal GDP year 2= $500
Percentage change in Nominal GDP = 500-250/500 ×100
Percentage change in Nominal GDP = 100%
b. Real GDP year 1
Real GDP year 2 = 1×100 + 1.5×100
Real GDP year 2= $250
Percentage change in Real GDP = 0%
Inconclusion the percentage change in nominal GDP is 100%.
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In general, an inverse relationship exists between:
a
b
human capital and income
education and unemployment
supply and price
education and earnings
d
Answer:
Explanation:
B
In general, it can be said that there exists an inverse relationship between the factors like education and unemployment in a society. Therefore, the option B holds true.
What is the significance of education and unemployment?The rate of education can be referred to as a proportion in which the total population of any given region gets educated. Unemployment rate refers to as the total population in any given region who do not have any employment or earning.
When the rate of education increases, the rate of unemployment decreases and vice versa. Thus, it can easily be concluded that there is an existence of inverse relationship between the rates of education and unemployment.
Therefore, the option B holds true and states regarding the inverse relationship between education and employment.
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Think of an issue in your community that you would like to fix or improve in some way. First, write down what it is, and then identify how you think it could be fixed, and how you or other people could do so.
For me i just wish my community was more active i would most likely do this by throwing community events
Explanation:
A value hypothesis explains the reasons why a customer may choose not to use a product. True or false
False.A value hypothesis is a declaration of the anticipated worth that a good or service will bring to its users. It describes the advantages and results that users will experience from utilising the product, as well as why users would want to use it.
A value hypothesis is defined.A value hypothesis puts forth a presumption regarding the worth of a product to potential customers. But, it's also possible that your "future clients" are assumptions. A value hypothesis focuses more on the current market.
What is an example of a value hypothesis?The value hypothesis examines how much value your product or service offers clients and, more crucially, if they are willing to pay for it.
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the euro rises against the dollar
which global entry strategy has the highest degree of risk?
when making a decision, the next best alternative is called a the production possibilities. b the absolute advantage. c efficiency. d the opportunity cost. e scarcity.
The correct answer is Option C is the one that is right. The price of the next-best alternative is the opportunity cost of a decision.
Opportunity cost is the expense of giving up the next best option as a result of making a choice. Scarcity has an impact on opportunity cost. Opportunity cost is what you give up when you make a decision (the advantages of the next best option). the capacity of a producer to outproduce a rival in terms of production of a products or service. Comparable Benefit: the capacity of an actor to create an item or a service for less money than a rival. When you invest time and money to see a movie, you are unable to read a book at home or do anything else with that money.
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If new manufacturers enter the computer industry then:.
If new manufacturers enter the computer industry, it would likely increase competition within the market.
This could lead to price reductions as companies compete to attract customers, which could benefit consumers. Additionally, the entrance of new manufacturers could lead to innovation and advancements in technology, as companies try to differentiate themselves from their competitors.
The computer industry is constantly evolving, with new advancements and innovations being introduced regularly. As such, the entrance of new manufacturers into the industry would likely have both positive and negative effects.
On the positive side, new manufacturers would increase competition within the market. This would likely lead to price reductions as companies compete to attract customers. As a result, consumers would have access to more affordable computers and related products. Additionally, increased competition could lead to innovation and advancements in technology, as companies try to differentiate themselves from their competitors. This would likely lead to new features and capabilities being introduced, as companies strive to offer something unique to consumers.
However, the entrance of new manufacturers could also have negative effects on the industry. For example, increased competition could lead to smaller companies being squeezed out of the market as they struggle to compete with larger, more established manufacturers. Additionally, quality could potentially suffer as new manufacturers try to keep up with larger, more experienced competitors. This could lead to lower-quality products being introduced into the market, which could negatively impact consumers.
Overall, while the entrance of new manufacturers into the computer industry would likely increase competition and potentially lead to innovation and advancements in technology, it is important to consider both the positive and negative effects of such a development.
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Lisa lost her debit card. She did not report it missing for one week. If an unauthorized person used her debit card, her maximum liability is:
According to the Electronic Fund Transfer Act, if Lisa did not report her lost debit card within two business days of discovering the loss, her maximum liability for any unauthorized transactions made on her card is $500. However, if Lisa waited more than two business days but less than 60 calendar days to report the loss, her maximum liability increases to $1000.
If Lisa waits more than 60 calendar days to report the loss, she could be liable for all unauthorized transactions made on her card. Therefore, since Lisa waited one week to report her missing debit card, her maximum liability for any unauthorized transactions made on her card is $500.
Lisa's maximum liability for unauthorized debit card transactions. Lisa lost her debit card and did not report it missing for one week.
According to the Electronic Fund Transfer Act (EFTA), her maximum liability is:
1. If Lisa reports the loss within two business days after realizing her debit card is missing, her maximum liability is $50.
2. If Lisa reports the loss between two business days and 60 calendar days after her statement showing the unauthorized transaction is sent, her maximum liability is $500.
3. If Lisa reports the loss more than 60 calendar days after her statement is sent, her maximum liability is unlimited.
In this case, Lisa did not report her lost debit card for one week. Therefore, her maximum liability for unauthorized transactions made with her debit card would be $500, as she reported the loss between two business days and 60 calendar days after the statement showing the unauthorized transaction was sent.
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A cellphone store specializes in a popular and fancy cellphone. Assume that the store can only order cameras from the manufacturer at the beginning of the month and these cellphones become obsolete at the end of the month. The store promises to its customers that delivery on the next day is guaranteed in case the cameras are out of stock. In fact, what the store does is to purchase the cellphone from an out-of-state retailer and have it delivered through an express service. Thus, when out of stock, the store loses the potential sale for a cellphone and pays for the shipping charge, but maintains their good reputation. The retail price of the cellphone is $220, and the special delivery charge adds another $30 to the cost. At the end of each month, there is an inventory holding cost of $50 for each cellphone in stock. Wholesale cost for the store to purchase the cellphones is $100 each. The monthly demand is discrete uniform between 17 to 20 cellphones (inclusive). That is, Pr[D = d] = for d = 17, 18, 19, 20. (a) If 18 cellphones are ordered at the beginning of a month, what are the expected overstock cost and the expected understock cost? What is the expected total cost? (b) What is optimal number of cellphones to order that minimizes the expected total cost? (c) (10 points) Suppose now that wholesaler has offered to provide 10 brand new phones for free to the store, regardless of the quantity ordered by the store. Should the store order additional phones? If yes, how many units should be ordered?
To solve this problem, we'll calculate the expected overstock cost, expected understock cost, expected total cost, and determine the optimal number of cellphones to order.
Then, we'll consider the scenario where the wholesaler offers 10 free phones and determine if the store should order additional phones.(a) Expected Overstock Cost, Expected Understock Cost, and Expected Total Cost:Given:Retail price (R) = $220Special delivery charge (S) = $30Inventory holding cost (H) = $50 per cellphoneWholesale cost (W) = $100 per cellphoneTo calculate the expected overstock cost, we need to find the probability of overstock for each possible demand value:Pr[D ≤ 18] = Pr[D = 17] + Pr[D = 18] (as demand can be 17 or 18)= +Expected Overstock Cost = Pr[D ≤ 18] × (R - W) × 18To calculate the expected understock cost, we need to find the probability of understock for each possible demand value:Pr[D ≥ 19] = Pr[D = 19] + Pr[D = 20] (as demand can be 19 or 20)= +Expected Understock Cost = Pr[D ≥ 19] × (W + S) × (19 - D)Expected Total Cost = Expected Overstock Cost + Expected Understock Cost + Inventory Holding Cost × (18 - D)(b) Optimal Number of Cellphones to Order:To find the optimal number of cellphones that minimizes the expected total cost, we need to calculate the expected total cost for different order quantities (18, 19, and 20) and choose the quantity with the lowest cost.Calculate the expected total cost for each order quantity (18, 19, and 20) using the formulas from part (a). Choose the order quantity with the lowest expected total cost as the optimal number of cellphones to order.(c) Effect of Free Phones:If the wholesaler offers 10 free phones regardless of the quantity ordered, we need to consider the cost implications of this offer.Calculate the expected total cost for different order quantities (taking into account the free phones). Compare the expected total costs with and without the free phones offer to determine if ordering additional phones is beneficial.
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How many barrels of oil does the us export per day?.
Answer:
18.40 million
Explanation:
Also in 2020, the United States produced 2 about 18.40 million barrels of petroleum per day
1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the categories below with the information for your own company. You can review the material from this course, from the Part I Review, and from your assignments as needed.
Market Research (5.0 points)
Your marketing plan should include research into the overall market, definitions of market segments, and a description of the specific target market you are aiming for.
In addition, your research should describe industry trends, economic changes, and other factors that could affect your market.
Instruction: Write 1-2 short paragraphs about the target market segments for your company and why you think this company and product will be successful. Are there economic, social, or other trends that make this a good opportunity now?
Product Description (2.0 points)
This section of the marketing plan describes the features of the product and its benefits for people in your target market.
This is where you discuss the needs, desires, and fears of your target market and consider how you can use emotions to make your product's benefits most attractive.
Instruction: Write 1-2 short paragraphs about your product's features and benefits.
Competition Analysis (3.0 points)
In this section, you describe and analyze your company's competition.
This includes direct competitors who offer very similar products, as well as indirect competitors who satisfy the same need or desire in a different way.
This is also where you describe the competitive advantages your product has when compared to these competitors.
Instruction: Describe at least two other companies that are direct or indirect competitors to your company. Explain how you will differentiate yourself from them.
Brand Image Goals (2.0 points)
This section describes your company's current brand image, as perceived by your customers and potential customers.
This is where you describe your goals for your brand image. Make a list of the main qualities you want people to associate with your brand.
Describe the market positioning you want to achieve. How do you want your product to be positioned in people's minds, particularly in comparison to your competitors?
Instruction: Describe your brand image goals in 1-2 short paragraphs. Include at least two qualities that you want people to associate with your brand.�
Financial Goals (2.0 points)
Set measurable marketing goals over a specific period of time, such as an increased number of customers, sales, or income.
Instruction: Decide how much monthly revenue you want the company to make from sales of the product six months from now, one year from now, and five years from now.
Other Marketing Goals (2.0 points)
You may have other marketing goals that you wish to measure.
Instruction: Describe at least one other marketing goal you would like to achieve. 1-3 sentences.
Marketing Message (4.0 points)
Describe the message you plan to communicate to your target market.
This should be a focused message that explains the benefits of the product in a way that appeals to people's needs, desires, or fears.
Instruction: Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your target market?
Pricing (4.0 points)
Discuss your strategy for determining the price of your product.
Explain how your pricing strategy will support your overall brand image, marketing message, and financial goals.
Instruction: Decide what the price for your product will be, and describe at least two factors you considered in determining that price.
Promotional Strategies (4.0 points)
Promotional strategies are the ways you will communicate and support your marketing message.
This includes things like advertising methods, public relations efforts, publicity, and other communications.
Describe in detail each method you will use, such as types of ads and their content, or public relations tools like newsletters, networking, and improving your Web site.
Set timelines for when you will put each promotional strategy into action.
This section of your marketing plan should also describe which things your company will do for itself and which things you will hire other people or companies to do for you.
Instruction: Write 2-3 short paragraphs describing at least two promotional strategies you will use.
Budget (2.0 points)
In this section, you define your overall marketing budget for a specific length of time.
Then break down the budget to show where the money will be spent.
Explain how you decided on these numbers for the budget, and why you think it will be worth spending this amount.
Instruction: Decide what the total marketing budget will be, and make a list of at least four things you will spend money on and how much you think they will cost.
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Answer:
Final Assignment B
Market Research-
What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.
Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.
Product Description-
When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.
People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.
Competition Analysis-
Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.
All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.
Brand Image Goals-
I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.
The atmosphere in the store will be so pleasant and inviting that customers will wan
Answer:
what about the budget?
Explanation:
100 points please help. let’s say eur/usd is trading at=1.1872. So if I have a forex account worth 100$ and I use a leverage of 1:100 I have 10000$ of buying power so if buy a mini lot of eur/usd. Do I only need to pay 10k or the quote price which would be 11872$ that I need to pay?
Answer:
With 100:1 leverage a trader can open a position 100 times greater than they could without leverage. For example, if the cost to purchase . 01 lots of EUR/USD is normally $1000 and the broker offers 100:1 leverage, then the trader must put up only $10 as margin.
Explanation:
when smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force. how would this practice help the company to become a low-cost producer?
As smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force, this practice would help the company smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force by constructing efficient large-scale facilities.
Smart Electric condensed saw the potential for not only a cost savings, but also an improvement in their operations when they decided to consolidate all their parts factories into one large location.
This move enabled them to increase their research and development, as well as their customer service, while simultaneously decreasing their sales force.
This was accomplished by constructing efficient large-scale facilities that allowed for the production of all their parts under one roof. The cost savings and increased efficiency enabled them to better serve their customers and make better use of their resources.
As a result, Smart Electric has been able to provide its customers with quality products and services, while reducing its overhead costs.
The consolidation of their parts factories into one large location has been instrumental in allowing Smart Electric to succeed.
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What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.
1. Explain/Discuss the 4 stages of the business/economic cycle. For each cycle, discuss in detail items such as GDP, Interest Rates, Employment, Consumer Spending, Inflation etc. Identify the stage we are in now as a country. Explain the actions the Federal Reserve is taking to deal with the economy. Be as detailed and thorough as possible.
We consider business cycles to be a continuous process, with recessions, troughs, recoveries, expansions, peaks, and downturns repeating themselves. Any business cycle may be divided into four phases:
Peak: the economy is at or near full employment; production, employment, and income have reached a transitory peak.
Recession (R): a drop in output, employment, and income. Many areas of the economy are seeing a downturn in commercial activity. Unemployment is on the rise. Recessions can last anywhere from six to twelve months. Monthly variations in output are higher during recessions than during expansions. In other words, during a recession, output decreases are far more pronounced.
Trough: At its lowest point, output, revenue, and employment "bottom out." The trough period might endure for a short time or for a long time.
Expansion (E): A phase of recuperation. Once again, output, income, and employment are on the rise. As the economy approaches full employment, we may expect price increases (inflation). Expansions, on average, last three to four times longer than contractions.
There have been ten recessions since 1950. In terms of time, the least severe was in 1980. (6 months). 2007-09 was the most severe (18 months).
During a business cycle, what happens? To begin with, many economic variables are linked.
The economy and unemployment are moving in different directions (the labor market is a lagging indicator, responding slowly to a change in GDP, as we saw in chapter 7 of the assigned textbook). Consumption growth tracks GDP, although it isn't very variable. The amount of money spent on investments is highly erratic. During business cycles, wages do not fluctuate considerably. Inflation follows the rise of output.
Sectors of the economy and the businesses that make up those sectors tend to move in lockstep. When one area does well, it is probable that others will as well. The same may be said for businesses in these fields. Construction and manufacturing, on the other hand, are more volatile during a business cycle. We can see that if one area of the economy is performing well, others will as well. As a result, if manufacturing is doing well, demand for construction and services will rise.
States, too, are subjected to the same business cycle. Nations, too, tend to go through business cycles at the same time. Every business cycle is unique. The lengths and extents of expansions and contractions alter throughout time. Towards the end of a project:
Interest rates are risingWages are rising faster than pricesThis results in falling profitsDebts of households and firms have risenLots of borrowing has occurred to finance spending during the expansion time periodRecessions typically come from declines in investment spending by firms.
Firms cut back on capital stock expansionHouseholds cut back on spending for consumer durablesSales fallProduction declinesUnemployment rises, workers are let go, and this reduces income, which reduce s spending still further.Firms that produce capital goods and consumer durable products suffer the most during a recession. Firms can postpone capital goods acquisitions when the economy deteriorates. Increases in capital goods stock are not warranted by the company forecast. Businesses repair obsolete equipment that has outlived its usefulness. Consumer durable goods purchases are being postponed by consumers (autos, major appliances, personal computers, etc.). Budgets are being slashed, and consumer durable goods purchases are being postponed. Service businesses and non-durable products producers are frequently spared the brunt of the damage. It is tough for people to cut back on necessary medical and legal services. Purchases of food and clothing are more difficult to postpone.
Spending by families and businesses begins to grow as the recession persists and appears to be ending. Debt is decreasing. New borrowing takes place, resulting in a rise in spending. And thus a new chapter of growth starts.
Maintenance on a new dump truck is estimated to be $0 in year 1,$1,000 in year 2 . and increasing by $1,000 each year through year 7 when the truck will be sold. Assume interest isn't a factor. The equivalent uniform annual maintenance cost of the truck over the 7 years is closest to: $2,414 $2,882 $2,941 $3,000
The closest option to the equivalent uniform annual maintenance cost of the truck over the 7 years is $3,000.
Let's calculate the equivalent uniform annual maintenance cost of the truck over the 7 years in detail.
The maintenance costs for each year are as follows:
Year 1: $0
Year 2: $1,000
Year 3: $2,000
Year 4: $3,000
Year 5: $4,000
Year 6: $5,000
Year 7: $6,000
To find the equivalent uniform annual maintenance cost, we can use the concept of the present worth of a series of cash flows.
Step 1: Calculate the present worth factor (PWF) for each year.
PWF = 1 / (1 + r)^n
Where:
r = interest rate (assumed to be 0 in this case since interest isn't a factor)
n = year
Using this formula, the present worth factors for each year are as follows:
Year 1: PWF1 = 1 / (1 + 0)^1 = 1
Year 2: PWF2 = 1 / (1 + 0)^2 = 1
Year 3: PWF3 = 1 / (1 + 0)^3 = 1
Year 4: PWF4 = 1 / (1 + 0)^4 = 1
Year 5: PWF5 = 1 / (1 + 0)^5 = 1
Year 6: PWF6 = 1 / (1 + 0)^6 = 1
Year 7: PWF7 = 1 / (1 + 0)^7 = 1
Step 2: Calculate the present worth (PW) of each year's maintenance cost.
PW = Maintenance Cost * PWF
Year 1: PW1 = $0 * PWF1 = $0
Year 2: PW2 = $1,000 * PWF2 = $1,000
Year 3: PW3 = $2,000 * PWF3 = $2,000
Year 4: PW4 = $3,000 * PWF4 = $3,000
Year 5: PW5 = $4,000 * PWF5 = $4,000
Year 6: PW6 = $5,000 * PWF6 = $5,000
Year 7: PW7 = $6,000 * PWF7 = $6,000
Step 3: Calculate the equivalent uniform annual maintenance cost (EUAMC).
EUAMC = (PW1 + PW2 + PW3 + PW4 + PW5 + PW6 + PW7) / N
Where N is the number of years, which is 7 in this case.
EUAMC = ($0 + $1,000 + $2,000 + $3,000 + $4,000 + $5,000 + $6,000) / 7
EUAMC = $21,000 / 7
EUAMC = $3,000
Therefore, the equivalent uniform annual maintenance cost of the truck over the 7 years is $3,000.
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After graduating from AUD, Salman plans to start a book publishing company in Media City. He did some research and found that the printer would cost Dh 220,000. He estimated that the variable cost per book is Dh 170 , and the selling price is Dh 390. a. How many books must he sell to break even? Also, calculate the breakeven in dirham. b. In addition to the abovementioned costs, if he wants to pay himself a salary of Dh 15,400 per year, what is her breakeven point in units and dollars? c. In the first three months of his business, he sold 400 books. Suddenly the printer breaks down. He spent Dh 25000 to fix the printer. In addition to 400 books sold, how many more books should she sell to break even? Assume that this part of the question is independent and she does not draw any salary.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
a. To break even, the sales revenue must be equal to the total costs. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.b. The BEP with salary included is calculated as follows:
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit)Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400
BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit
= 942 x 390 = Dh 367,380.
c. Fixed cost increased by Dh 25,000 because of the printer's repair cost.
The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books.
The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
a:Salman needs to determine how many books he must sell to break even, and what that break-even point is in dirhams. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000
Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.
b:
Salman also needs to determine how many books he needs to sell to break even when he wants to pay himself a salary.
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit).
Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 942 x 390 = Dh 367,380.
c:
Fixed cost increased by Dh 25,000 because of the printer's repair cost. The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books. The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
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craig thought he could earn $1,000 selling paintings in 6 months. instead, he made $1,200. what is the percentage difference?
Answer:1,200
Explanation:
If I'm wrong please correct me but here how I got that answer.
1200x6=7,200
1000x6=6000
7,200-6,000= 1,200
Why should you avoid leaving your idle
cash sitting in a bank?
A. You will not be able to access it quickly.
B. Your money will not be growing as rapidly as if you used
another option.
C. You will be required to pay a high interest rate.
Give your suggestions to address the problems and challanges being faced by the migrant workers in foregin employment .
Answer: Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do, e.g insure them, pension
Explanation:
Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do as as follows;
I) The government can grant them soft loans
ii) The government can consider making it easier for them to easily open SME's
iii) The government can consider making provision for them as regards pensions
iv) The government can insure them
The Brazilian government wants to build a global satellite transmission system. The manufacturer will receive $500,000 above actual development costs, whatever those costs may be. Payment to the manufacturer of the satellite transmission system has been determined using:
Answer: cost-plus-fixed-fee pricing
Explanation:
The cost-plus fixed fee pricing refers to the pricing whereby the contractor is paid for the normal expenses that's incurred plus an additional fixed fee.
In this case, the satellite manufacturer will get a mutually agreed upon profit which is above all the costs that was involved in the project. Therefore, this refers to the cost-plus-fixed-fee pricing.
What is Seth gordins overall message to marketers?
Answer:
“making things better, by making better things”
Explanation:
hope it helps
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The cost of materials to make a good or provide a service is what type of cost?
variable costs are costs involved with the production of goods and services and it is measured in relation to the quantity of goods or service provided. example of such costs include the cost involved with the purchase of raw materials and the cost involved with the payment of labor used in production. variable cost is generally regarded as the cost incurred during production of goods and services by a company.
to calculate/find variable cost you will divide the total variable costs incurred by the volume of the goods produced, variable costs and fixed cost make up total expenses made by a company,
while fixed cost is time related variable cost is goods/services related
what are the six steps to be followed in the bank reconciliation process
Answer:
Here are the steps for completing a bank reconciliation:
Get bank records.
Gather your business records.
Find a place to start.
Go over your bank deposits and withdrawals.
Check the income and expenses in your books.
Adjust the bank statements.
Adjust the cash balance.
Compare the end balances.
Explanation:
What are the five (5) primary functions of a warehouse (Select all five correct answers)
a. Transportation
b. Receiving
c. Consolidation
d. Quality Inspections
e. Break Bulk
f. Reverse Logistics
g. Picking
h. Repackaging
i. Packing
j. Shipping
k. Storage
l. Assembly Operations
m. Cross-Docking
The five primary functiοns οf a warehοuse are:
b. Receiving
c. Cοnsοlidatiοn
g. Picking
k. Stοrage
j. Shipping
What is warehοuse?A warehοuse is a cοmmercial building οr facility designed fοr the stοrage and handling οf gοοds, materials, and prοducts. It serves as a central lοcatiοn fοr stοring inventοry befοre it is shipped tο custοmers, retailers, οr οther distributiοn pοints.
Warehοuses typically have variοus stοrage systems and equipment tο οrganize and manage the inventοry efficiently, such as shelving, pallet racks, fοrklifts, and inventοry management sοftware. They play a crucial rοle in the supply chain and lοgistics οperatiοns οf businesses by prοviding space fοr inventοry stοrage, οrder fulfillment, and distributiοn activities.
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It's it ethical and socially responsible for large corporations to lobby against SEC rule requiring that they report the ratio of their CEO's pay to that of their average employee
Answer:
"No" is the correct response. A further explanation is provided below.
Explanation:
Along with comparison to the average individual or working people although the CEO seems to be the top-level title than the worker or contractor. Consequently, the compensation of such a CEO's job is not compared with the compensation of that same typical individual employee business throughout the firm.This behavior would be not only ethically reprehensible but economically accountable for such SEC regulation lobbying. SEC guidelines don’t mandate their CEO's proportion towards the average worker to be reported.Thus, the above is the correct response.
please help me with this account question I'm tryna make entries
Answer:
451
Explanation:
430+21
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