The firm needs to save approximately $15,633.60 per quarter to achieve its goal of $750,000 in four years.
To determine how much Samuelson Engines needs to save each quarter, we can use the formula for the future value of an ordinary annuity:
Future Value = Payment × [(1 + interest rate)^(number of periods) - 1] / interest rate
Given:
Future Value = $750,000
Interest rate = 4.75% per quarter
Number of periods = 4 years × 4 quarters per year = 16 quarters
Let's plug in these values and solve for the payment:
$750,000 = Payment × [\((1 + 0.0475)^{(16)}\) - 1] / 0.0475
Now we can calculate the payment:
Payment = ($750,000 × 0.0475) / [ [\((1 + 0.0475)^{(16)}\) - 1]
Using a financial calculator or spreadsheet software, the calculated payment per quarter is approximately $15,633.60.
Therefore, Samuelson Engines needs to save approximately $15,633.60 each quarter to achieve its goal of saving $750,000 in four years.
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Which tasks commonly are performed in Maintenance, Installation, and Repair jobs? Check all that apply.
setting up equipment
fixing problems with machinery
estimating a project’s cost
designing equipment
teaching people to use equipment
writing instructions for assembling equipment
purchasing manufacturing equipment
Answer:
setting up equipment
fixing problems with machinery
estimating a project’s cost
teaching people to use equipment
Explanation:
Answer: The person above me is right but here is the answer in number form: 1,2,3,5
Explanation: edge
when a child is born, her grandfather decides to put $100 in an account that earns interest. he plans to make no other deposits or withdrawals for 18 years. when the child turns 18 years old, the money in the account will be a birthday gift. the grandfather is choosing between two options:
When a child is born, her grandfather can choose to invest $100 in an account that earns interest with the intention of giving the money to the child as a gift when she turns 18 years old. The grandfather is considering two options - a savings account and a certificate of deposit (CD).
A savings account is an account that earns a small amount of interest each month and allows you to withdraw money whenever you need it. Withdrawing money from a savings account can reduce the amount of interest earned on the remaining balance. A CD, on the other hand, is an account that earns a higher rate of interest than a savings account, but requires a longer commitment. If you withdraw money before the CD matures, you will incur a penalty. Additionally, CDs may have higher minimum deposits than savings accounts.
When a child is born, her grandfather decides to put $100 in an account that earns interest. He plans to make no other deposits or withdrawals for 18 years. When the child turns 18 years old, the money in the account will be a birthday gift. The grandfather is choosing between two options:Option 1: 5% simple interest annually Option 2: 4.5% interest compounded annually Option 1: 5% simple interest annuallyWhen simple interest is calculated, the interest is always based on the original principal amount only. This means that the interest earned on the money each year will remain constant at $5, no matter how much money is already in the account. This method is best used for smaller investments or shorter time periods when the interest rate is fixed.Using simple interest, the total value of the account at the end of 18 years would be:$100 + ($5 x 18) = $190Option 2: 4.5% interest compounded annuallyCompounding is the process of adding interest to an initial principal amount and the interest that has already been earned. Compounding results in higher returns, but it's more difficult to calculate. When interest is compounded, it is important to remember that interest earned in the previous year also earns interest the following year.Using compound interest, the total value of the account at the end of 18 years would be:$100(1 + 0.045)18 = $217.69Comparing the two options, the grandfather should choose option 2, as it provides a higher return on investment. The compound interest option earns $27.69 more than the simple interest option.
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why is the leaf washed with distilled water
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
Have a nice day! <3
7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm
Answer:
1 buying a bicycle it's a good
2 getting a back message it's a service
3 getting the plumbing fixed in your house it's a service
4 use of a smartphone app it's a service
5 buying a new Ac unit for your house it's a service
6 buying a hamburger it's a good
7 getting your taxes completed by a tax firm it's both
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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write the important of organic manure
A used car costs $5000 you drive it for 4 years. You drive 10,000 miles per year. Your car insurance is $1,200 per year. You spend $400 on maintenance. Gas costs $4 and the car gets 25 miles per gallon. What is the average cost per mile over the 4 years?
Answer:
$0.445 per mile
Explanation:
Calculation for what the average cost per mile
will be over the 4 years
First step is to calculate the Insurance cost
Insurance cost = $1,200 x 4
Insurance cost = $4,800
Second Step is to calculate the Maintenance cost
Maintenance cost = $400 x 4
Maintenance cost = $1,600
Third Step is to calculate the Total mileage
Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles
Fourth step is to calculate the Gas cost
Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon
Gas cost = 1,600 gallons x $4 per gallon
Gas cost=$6,400
Last step is to calculate the average cost using this formula
Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage
Let plug in the formula
Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile
Average cost= $17,800 / 40,000 miles
Average cost = $0.445 per mile
Therefore what the average cost per mile
will be over the 4 years will be $0.445 per mile
PA 12-1 (Static) Millennium Liquors is a wholesaler... Millennium Liquors is a wholesaler of sparkling wines. Its most popular product is the French Bete Noire, which is shipped directly from France. Weekly demand is 45 cases. Millennium purchases each case for $120, there is a $300 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is 25 percent. (Do not round intermediate calculations. Round your answer to the nearest whole number.) a. What order quantity minimizes Millennium's annual ordering and holding costs? cases (Do not round intermediate calculations. Round your answer to the nearest whole number.) If Millennium chooses to order 300 cases each time, what is the sum of its annual b. ordering and holding costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) If Millennium chooses to order 100 cases each time, what is the sum of the ordering and holding costs incurred by each case sold? C. per case (Do not round intermediate calculations. Round your answer to the nearest whole number.) If Millennium is restricted to ordering in multiples of 50 cases (e.g., 50, 100, 150, etc.), d. how many cases should it order to minimize its annual ordering and holding costs? cases (Do not round intermediate calculations. Round your answer to the nearest whole number.) Millennium is offered a 5 percent discount if it purchases at least 1,000 cases. If it decides e. to take advantage of this discount, what is the sum of its annual ordering and holding costs?
a. To determine the order quantity that minimizes Millennium's annual ordering and holding costs, we can use the Economic Order Quantity (EOQ) formula.
EOQ = √[(2DS)/H]
where:
D = Annual demand = 45 cases per week * 52 weeks = 2,340 cases
S = Ordering cost per order = $300
H = Holding cost per case per year = $120 * 0.25 = $30
Plugging in the values, we get:
EOQ = √[(2 * 2,340 * 300) / 30] ≈ 490 cases
Therefore, the order quantity that minimizes Millennium's annual ordering and holding costs is approximately 490 cases.
b. If Millennium chooses to order 300 cases each time, we can calculate the annual ordering and holding costs separately and then sum them up.
Ordering cost = (Annual demand / Order quantity) * Ordering cost per order
Ordering cost = (2,340 / 300) * $300 = $2,340
Holding cost = (Order quantity / 2) * Holding cost per case
Holding cost = (300 / 2) * $30 = $4,500
Total annual ordering and holding costs = Ordering cost + Holding cost
Total annual ordering and holding costs = $2,340 + $4,500 = $6,840
c. If Millennium chooses to order 100 cases each time, the ordering and holding costs incurred by each case sold can be calculated as follows:
Ordering cost per case = Ordering cost / Annual demand
Ordering cost per case = $2,340 / 2,340 = $1
Holding cost per case = Holding cost / Annual demand
Holding cost per case = $4,500 / 2,340 ≈ $1.92
Ordering cost = (Annual demand / Order quantity) * Ordering cost per order
Ordering cost = (2,340 / 1,000) * $300 = $702
Holding cost = (Order quantity / 2) * Holding cost per case
Holding cost = (1,000 / 2) * $30 = $15,000
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Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale
Answer:veronica
Explanation:
sure
Answer:
yes i love riverdale my fav character is cheryl or betty
Explanation:
Employers search résumés for keywords manually and electronically. Please select the best answer from the choices provided T F.
A resume is a formal document created by a job candidate to itemize their skills for a post.
What are the meanings of keywords in job applications?Keywords are words or brief sentences that correspond to work requirements. Hiring managers use keywords to sort through resumes so that they can concentrate on applicants who have the qualifications and experience they seek.
Many businesses also utilize applicant tracking systems (ATS) to discover the most qualified candidates.
Thus the statement is true.
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Answer:
true
Explanation:
Robert receives a salary of $60,000 per year, or $2,500 semi-monthly. How
much does his employer pay for his unemployment tax for the entire year?
A. no limit
B. $0
C. $840
D. $420
Answer:
B. $0
Explanation:
Unemployment tax known as FUTA (The Federal Unemployment Tax act) is imposed on employers based on the wage and salaries they pay their employees. Employers who pay $1500 and above per calendar quarter are mandated to pay FUTA. Unlike other payroll-based taxes, employers are not required to deduct FUTA from employees. Therefore, nothing should be withheld from Robert's income as unemployment tax.
Pick a business that existed prior to the commercialization of
internet. Evaluate how their marketing strategy has changed after
the internet? What are the key differences?
A business that existed prior to the commercialization of the internet is the promotion of music videos.
The marketing strategy of promotion of music videos has changed after the commercialisation of the internet. The commercialization of the Internet entails the creation and oversight of online services for monetary gain. It usually entails increasing monetization of network services and consumer products mediated by various Internet technologies. E-commerce, electronic money, as well as advanced marketing techniques such as personalised and targeted advertising are all common forms of Internet commercialization.
It has enabled them to reach a larger audience than they would have been able to reach through traditional marketing methods. Second, eCommerce has simplified the process of finding what customers are looking for. Before making a purchase, they can now compare prices and read reviews.
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if the proposed regional comprehensive economic partnership (rcep) is achieved, it will rival the european union (eu) when measured by the number of countries involved and their combined gross domestic product (gdp). the eu is an example of a(n)
As per the given statement, the European Union is an example of economic union. Hence, Option C is correct.
What is economic union?An economic union is an arrangement between two or more countries that permits unrestricted trade in commodities, services, money, and labour. To foster this unified market, the nations may also coordinate their social and financial policies. One illustration of an economic union is the European Union (EU).
When it comes to the number of participating nations and their combined gross domestic product, the proposed Regional Comprehensive Economic Partnership will rival the European Union.
Therefore, Option C is correct.
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The complete question has been attached in text form:
If the proposed Regional Comprehensive Economic Partnership (RCEP) is achieved, it will rival the European Union (EU) when measured by the number of countries involved and their combined gross domestic product (GDP). The EU is an example of a(n)
A.) CUSTOM UNIONS
B.) FREE TRADE AREA
C.) ECONOMIC UNION
D.) POLITICAL UNION
E.) COMMON MARKET
toby is a sales rep for a pharmaceutical company. he has an assigned territory and can sell all of the company's products to clients within that territory. toby is part of which kind of sales force?
Toby is part of a territorial sales force. This type of sales force is structured based on geographic territories, where each sales representative is assigned a specific area or region to sell products to clients within that territory
The main advantage of a territorial sales force is that it allows sales representatives like Toby to develop in-depth knowledge about their assigned territory and build strong relationships with clients in that area. By focusing on a specific territory, Toby can understand the unique needs and preferences of his clients, tailor his sales approach accordingly, and provide personalized solutions.
To summarize, Toby is part of a territorial sales force. This type of sales force is structured based on geographic territories, allowing sales representatives to focus on a specific area and build strong relationships with clients. This approach benefits both the sales rep and the company, as it allows for personalized sales efforts and cost savings.
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You have decided to use the questioning technique as part of your method study. Explain to your management what the primary questioning technique is, how the sequence works and what you expect to achieve. 9 marks
The primary questioning technique I have chosen to use in our method study management is the "Five Whys" technique. This technique involves asking a series of "why" questions to get to the root cause of a problem or issue.
1) Ask the first "why": This question aims to understand the immediate cause of the problem. For example, if the problem is a machine breakdown, we would ask, "Why did the machine break down?"
2) Ask the second "why": With the answer to the first question, we delve deeper into the underlying cause of the problem. Continuing the previous example, we would ask, "Why did the machine experience that particular issue?"
3) Ask the third "why": This question explores the underlying cause behind the second answer. It helps to identify the factors that contributed to the issue. For instance, we would ask, "Why did those particular factors lead to the machine problem?"
4) Ask the fourth "why": Here, we dig even deeper into the systemic or organizational causes that contributed to the previous answers. The aim is to identify any broader issues that may be at play. For example, we would ask, "Why were those factors present in our organization or system?"
5) Ask the fifth "why": Finally, we aim to uncover the fundamental cause or root cause of the problem. This question helps us understand the ultimate reason behind the issue. Continuing the example, we would ask, "Why did the organizational or systemic factors exist in the first place?"
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n terms of the build-borrow-buy framework, a firm's internal resources are considered to be supportive of internal development when they?
a) are different from those that need to be developed and superior to those of competitors in the targeted area.
b) similar to those that need to be developed and superior to those of competitors in the targeted area.
c) different from those that need to be developed and inferior to those of competitors in the targeted area.
d) similar to those that need to be developed and inferior to those of competitors in the targeted area.
When a company's internal resources support internal development, it is said to be doing so. Comparable to those that still need to be developed and superior to those of rivals in the chosen field. Option B is correct
Internal support refers to the majority of employment assistance for a person with a disability that is supplied by an employer or employees of the employer, as opposed to a job coach or another individual from outside the employer. Increasing production, creating new goods or services, or using other developmental techniques are typically included. Organic (or internal) growth occurs when a company expands from within, for instance, by increasing the number of business units, locations, or product lines. Organic growth expands on the company's existing resources and capabilities. This is typically the only strategy of expansion employed by businesses.
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Rashida purchased a machine for $5600. She sold it six years later for $500. At that date, the
provision for depreciation had a credit balance of $5040.
What entry was made in the income statement?
A credit $60
B debit $60
C credit $560
D debit $560
The entry made in the income statement in this scenario would be a debit of $560. So, the correct answer is D debit $560.
The provision for depreciation represents the accumulated depreciation of the machine over the six-year period. Since the provision had a credit balance of $5040 at the time of sale, it means that the total depreciation expense recognized over the six years was $5040.
To calculate the depreciation expense per year, we divide the total accumulated depreciation by the number of years (6). So, the annual depreciation expense is $5040/6 = $840.
When Rashida sold the machine for $500, it implies that the machine's carrying value or book value was reduced to $500. To account for this loss on disposal, the income statement entry will be a debit to Depreciation Expense for the remaining balance of the machine's book value, which is $840 - $500 = $340.
However, since the question asks for the specific entry made in the income statement, the amount to be debited will be the difference between the machine's original cost and its book value at the time of sale, which is $5600 - $500 = $5100.
Hence, the entry in the income statement will be a debit of $5600 - $500 = $5100. So, the correct answer is D debit $560.
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List 7 types of media's with notes about them. Or less.
Answer:
good
Explanation:
Print Media (Newspapers, Magazines)
Broadcast Media (TV, Radio)
Outdoor or Out of Home (OOH) Media.
Internet.
a service provided by -e-government that requires access to the Internet is _____.
A. RFID tags
B. E-tax returns
C. Radio programming
D. CCTV (Closed circuit TV)
Answer:
B. E-tax returns
Explanation:
E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.
In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.
The following events took place for Digital Vibe Manufacturing Company during March, the first month of its operations as a producer of digital video monitors: Purchased $42,200 of materials. Used $32,500 of direct materials in production. Incurred $48,500 of direct labor wages. Incurred $68,400 of factory overhead. Transferred $113,500 of work in process to finished goods. Sold goods for $203,000. Sold goods with a cost of $90,300. Incurred $51,900 of selling expense. Incurred $22,800 of administrative expense.
Answer:
Missing word "Using the information given, complete the following: a. Prepare the March income statement for Digital Vibe Manufacturing Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries."
Income statement
Particulars Amount
Sales $203,000
Less: Cost of goods sold $90,300
Gross profit $112,700
Operating expense
Selling expense $51,900
Administrative expense $22,800
Total operating expense $74,700
Operating income $38,000
What is the adjustment period of an adjustable rate loan ?.
The term "adjustment period" refers to the interval between rate increases. For instance, a loan with a 1-year adjustment period is referred to as a 1-year ARM,
How long may an adjustable-rate mortgage be adjusted for?The maximum amount that the interest rate may rise overall during the loan's term is specified by this limit. The cap is usually set at 5%, which means that the rate can never be raised by more than that amount.
Although six months to three years can be used, the most typical rate adjustment time is one year. The monthly mortgage payment is modified periodically to reflect changes in the index, just as the interest rate on the loan is modified frequently to reflect changes in the index.
A home loan with a variable interest rate is known as an adjustable-rate mortgage (ARM). The starting interest rate on an ARM is set for a specific amount of time. Following then, the interest rate charged on the unpaid balance resets sporadically, sometimes on a monthly basis.\
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1) Why do consumers have rights when making purchases in the marketplace?
A) Consumers need to be encouraged to spend more money.
B) Consumers face many more government regulations than producers.
C) Consumers are more important to the economy than producers.
D) Fairness and honesty are vital to a healthy economy.
Answer:
a
Explanation: i got it right
You are interested in buying a piece of land overlooking the sea. You find a place atop a 50m high sea cliff. The lot is only about 30m wide but is 200m long parallel to the coast, so you think you are getting a large expanse of the coastline. What would be the most important thing to look for in considering this purchase
Answer:
The stability of the sea cliff, rock type, etc.
Explanation:
The most significant thing which must be considered is the stability of the sea cliff, rock type, etc. because it is given in the question that the place is at a top of 50 m high sea cliff. Therefore, the cliff must be stable and strong. Moreover, this is 200 m long parallel to the coast so there will not be any difficulty in the view. Thus, only stability is the primary concern that must be considered.
Firms earning a loss will sometimes shut down in the short run. What quantity will the firm produce if it shuts down in the short run?.
The number of units that would be produced by the firm if it shut down is zero units.
When would a firm shut down?
A firm shuts down in the short run when average variable cost is greater than the price. When the firm shuts down, zero unit of output would be produced.
The short run is a period when at least one factor of production is fixed. When a firm shuts down, no revenue is earned by the firm incurs fixed cost.
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Workplace diversity describes differences among workers in any of the following areas:
attitude
education
ethnicity
industry
Answer:
industry because here based the all the business in whole world
Where can water in the atmosphere come from? Select all possible answers.
A. oceans. B. plants. C. ice. D. puddles
Answer: A. It comes from oceans
Aaron gets up every morning and goes to the restaurant where he cooks. When talking about his job, Aaron says, "I can't help it—I love to make people happy! The looks on their faces when they see their dinners is all the reward I'll ever need!" Aaron has never been late to work, and he always shows up with a smile.
Answer:
Passion towards work
Explanation:
In simple words, the given paragraph shows that Aaron is passionate and fully dedicated towards his work. He feels proud and secured about his job and do not need monetary incentives to perform well or up to the mark. The paragraph also signifies that Aaron has mastered in his job and is able to perform better than his peers.
Accrued interest expense will appear on the income statement but not on the statement of cash flows. This statement is.
Answer:
True
Explanation:
This statement is true