A service contract for a video projection system costs $80 a year. You expect to use the system for six years. Instead of buying the service contract, what would be the future value of these annual amounts after six years if you earn 3 percent on your savings?

Answers

Answer 1

The future value of the annual amounts after six years, earning an annual rate of return of 3% is $517.47

What is the future value of an ordinary annuity of $80 per year for six years earning a rate of 3% annually?

Note that the $80 that would have been paid for the video projection system would be invested at the end of each year, in other words, we would invest an equal amount every year for six years, hence, the future value formula of an ordinary annuity is the most appropriate to determine the value of the savings after six years

FV=annual savings*(1+r)^N-1/r

annual savings=$80

r=rate of return=3%

N=number of annual savings for 6 years=6

FV=$80*(1+3%)^6-1/3%

FV=$80*(1.03)^6-1/0.03

FV=$80*(1.194052296529-1)/0.03

FV=$80*0.194052296529/0.03

FV=$517.47

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Related Questions

Managers are responsible for helping company's code of ethics. to understand and follow their

Answers

Answer:

Yes, managers play an important role in helping employees understand and follow their company’s code of ethics. A code of ethics is a set of guidelines that outlines the ethical standards and values that a company expects its employees to uphold. Managers are responsible for communicating the code of ethics to their employees, providing training and guidance on ethical behavior, and ensuring that employees comply with the code. By promoting ethical behavior and leading by example, managers can help create a positive and ethical work environment.

Explanation:

a company product sells for 170 and has variable cost of 50 associated with the product what is its contribution margin per unit ?​

Answers

Answer:

Contribution margin per unit = 120 per unit

Explanation:

Given:

Sales price of a unit = 170

Variable cost per unit = 50

Find:

Contribution margin per unit

Computation:

Contribution margin per unit = Sales price of a unit - Variable cost per unit

Contribution margin per unit = 170 - 50

Contribution margin per unit = 120 per unit

Contribution margin ratio = [Contribution margin per unit / Sales price of a unit]100

Contribution margin ratio = [120 / 170]100

Contribution margin ratio = [0.7058]100

Contribution margin ratio = 70.58% (Approx.)

When the price level in the United States rises relative to the price level of other countries, __________will rise, ________ will fall, and ________ will fall.

Answers

When the price level in the United States rises relative to the price level of other countries, imports will rise, exports will fall, and net exports will fall.

Effect of Relative Price Level on Exports and Imports

Imports would increase if the US price level falls relative to other countries' pricing because imported items became cheaper.

Exports in the United States would decrease if the price of goods in the United States increases relative to other countries.

Because import would surpass export, net export which is export minus import would fall.

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what is business ?please explain about it​

Answers

Answer: business can be defined as an organization dedicated to do commercial and professional activities.

Explanation:

The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.

Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.

The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.

In 1 to 2 paragraphs, analyze how a person's ethics or values might affect his performance on the job

Answers

Answer:

In simple words, Individual workers' ethical convictions have an impact on team and department productivity as well as individual achievement.  Being an ethical worker allows you to be a stronger team participant constantly contributing positively in group situations and just never impeding collective success.

Even though all individuals are important in and of themselves, ethical individuals can be more monetarily useful to their companies as well as more respected by their colleagues and competitors. Reflecting on workplace ethics may help you become a better employee, and it's a good thing to begin if you want to do the right thing all of the time.

Answer:

How can poor ethics devalue you as an asset on the team? Well, if you have poor moral standards and beliefs and what not, people can somewhat easily identify your personality as a negative trait. However if you're a good person with good values and spot on ethics, people will quickly realize that you're a good asset to have on the team.

Your energy, work ethic, and values also determine how good or bad your work ethic is.

Explanation:

For Connections Academy Career Development Unit Test

. For fiscal year ending September, 2019, Apple, Inc. had a gross profit margin ratio of 39.3%, a net profit margin ratio of 27.4% and return on investment/assets of 20.7% and the total assets as of the end of the year was $ 338 billion. For the year ending September 2020, Apple reported the following amounts:
Sales $275 billion
Cost of Sales $170 billion
Expenses not including taxes $39 billion
Total Assets at the end of the year $324 billion
Required:
1. Calculate the three profitability ratios for Apple for year ending September 2020.
2. Using those ratios describe the change in profitability for Apple between 2019 and 2020.
3. Indicate how each of the profitability ratios calculated in 2 will be affected by the following independent transactions/changes if they happened during fiscal 2021:

Independent transaction or change in 2021 Gross Profit Margin Ratio Net Profit Margin Ratio Return on Investment/Assets
Apple pays $10 billion in cash for an enormous new manufacturing facility in the United States to avoid tariffs on imported phones
Costs for Apple’s phones stays the same as in 2020 but Apple is forced to reduce the selling price of phones by 10% in 2021 because of competition
Apple cuts its research and development expense by 20% but that does not change its sales or any of their other costs to make their products.

Answers

Explanation:

Calculation of profitability ratios for Apple for year ending September 2020:

a. Gross Profit Margin Ratio = (Revenue – Cost of Sales)/Revenue

Gross Profit Margin Ratio = (275 – 170)/275

Gross Profit Margin Ratio = 35.63%

b. Net Profit Margin Ratio = Net Income/Revenue

Net Profit Margin Ratio = (275 – 170 – 39)/275

Net Profit Margin Ratio = 25.45%

c. Return on Investment/Assets = Net Income/Total Assets

Return on Investment/Assets = 57.41 billion/324 billion

Return on Investment/Assets = 17.72%

Analysis of change in profitability for Apple between 2019 and 2020:

Apple’s gross profit margin ratio decreased from 39.3% in 2019 to 35.63% in 2020, indicating that the company was less efficient in controlling the costs associated with its revenue-generating activities.

Similarly, Apple’s net profit margin ratio also decreased from 27.4% in 2019 to 25.45% in 2020, indicating that the company’s profitability decreased, even though it was still making a considerable profit relative to its revenue.

The return on investment/assets ratio decreased from 20.7% in 2019 to 17.72% in 2020, indicating that the company was less efficient in generating profit from its invested assets.

Effects of independent transactions/changes on the profitability ratios:

a. Apple pays $10 billion in cash for an enormous new manufacturing facility in the United States to avoid tariffs on imported phones

The gross profit margin ratio will likely decrease, as the company is spending more on capital assets, which would reduce the revenue available for other purposes.

The net profit margin ratio may also decrease because of increased expenses, which would affect Apple's profitability.

The return on investment/assets ratio may increase or decrease, depending on the success of the new manufacturing facility. If the facility generates significant revenue and profit, it could boost the company's ROI/A. However, if it proves to be a drain on resources, it could negatively impact the ratio.

b. Costs for Apple’s phones stay the same as in 2020, but Apple is forced to reduce the selling price of phones by 10% in 2021 because of competition

The gross profit margin ratio will decrease, as the revenue generated by the sale of iPhones will be reduced.

The net profit margin ratio will also likely decrease because of the reduced revenue.

The return on investment/assets ratio may decrease if the reduced selling price does not generate enough revenue to offset the expenses associated with producing the iPhones.

c. Apple cuts its research and development expense by 20%, but that does not change its sales or any of their other costs to make their products.

The gross profit margin ratio may increase slightly due to the reduction in expenses.

The net profit margin ratio may increase significantly, as the reduction in expenses could significantly improve Apple's profitability.

The return on investment/assets ratio may increase, as the reduction in expenses could improve the company's overall profitability and make it more efficient in generating profits from its invested assets.

Mandatory spending refers to programs in the U.S. federal budget that

Answers

Answer:

Mandatory spending is simply all spending that does not take place through appropriations legislation. Mandatory spending includes entitlement programs, such as Social Security, Medicare, and required interest spending on the federal debt. Mandatory spending accounts for about two-thirds of all federal spending.

Explanation:

Hope it helps

You have $25,000 of credit card debt, and you decide that you will never charge another
cent on this card. You pay only the minimum that the credit card company asks you to
pay each month. Your interest rate is 18 percent and the minimum payment is just 2
percent of your balance. How long will it take you to pay off the debt in full if you never
charge another cent?
O 22 years
34 years
0 73 years
08 years

Answers


500x12= 6000$ premium payment
18x25000= 4500-6000= 1500-25000= 23500x18%= 4230-6000= 1770-23500= 21730x18%= 3911.4-6000=2088.6-21730=19641.4x18%=3535.452-6000=2464.548-19641.4=17176.852. It probably will take you 22 years

Answer:

73 years

Explanation:

I took a quiz with this question and 73 was correct.

Miller Park Stadium Project Case Study

Answers

Answer:

what about it lol there's no question

lol what? where the question

If Emmett wants to pay off his student loan by making monthly payments
for 10 years, what type of repayment plan is best for him?
Standard repayment plan
O Extended repayment plan
O Income-driven repayment plan
O Graduated repayment plan
-Submit

Answers

Answer:

income driven

Explanation:

if he wants to make monthly payments, income driven is the best option because he would get paid monthly for what ever job, and then pay a percentage of that towards his student loan

The laws passed by Congress and by state legislatures are called:

Answers

Answer:

Rules

Explanation:

I think I'm right

Answer:

Rules

Explanation:

Yes I think this is right

Which step follows the marketing mix step in the process of marketing management?
ОА
market research
ОВ.
market monitoring
OC marketing mix
OD. product development
OE identifying target markets

Answers

Answer:

market monitoring

Explanation:

After the marketing mix step, Implementation, monitoring, and control follows. The strategic marketing process is a continuous effort. Management should always be on the look for places to improve and enhance the plan. Market monitoring assists in pointing out specific opportunities for improvement.

Market monitoring requires the management to keep looking at the set goals and objectives to determine if the marketing process is heading in the right direction.

what link-building strategy do search engines implicitly approve?

Answers

The link building strategies that the search engines are known to have to approve of implicitly would be the

Nofollowthe sponored links attributes

What is meant by the link building strategies?

This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.

The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.

The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.

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Please classify the source of barriers to entry described in each scenario below. ownership of a key input economies of scale government-imposed
a. There are a limited number of licenses for taxi drivers in NYC. ownership of a key input economies of scale government-imposed
b. Drug companies obtain patents so that they can recover research and development costs by the exclusive sale of the drug for some number of years. ownership of a key input economies of scale government-imposed
c. Carribean Cruz owns the only swimmable beach on an exclusive island in the Bahamas
d. The government establishes a quota on how much foreign oil can be imported
e. It is very expensive to build an amusement park, but not that expensive to admit an additional customerf. Building a brewery is a high start up cost operationg. The governemnt established a tariff on tear

Answers

The source of barriers to the scenarios described will be:

Government imposed:

There are a limited number of licenses for taxi drivers in NYC.Drug companies obtain patents so that they can recover research and development costs by the exclusive sale of the drug for some number of years. The government established a tariff on tea.

Ownership of a key input:

Carribbean Cruz owns the only swimmable beach on an exclusive island in the Bahamas.The government establishes a quota on how much foreign oil can be imported.

Economies of scale:

It is very expensive to build an amusement park, but not that expensive to admit an additional customer. Building a brewery is a high start-up cost operation.

It should be noted that government-imposed barriers are the barriers that can be in form of patents, licensing, tariffs, etc.

The ownership of key input is when the production of a good requires particular input,  therefore, controlling the input can be a barrier to entry.

Economies of scale is when the long run average variable cost of a firm falls as there is an increase in output.

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What is the purpose of every item in the SHARKS mnemonic?

Answers

The purpose of every item in the SHARKS mnemonic is:

S – state the agenda before you start your meeting;

H – hijackers will be at your meeting, so watch out;

A - adding relevant information is the key to a good meeting;

R – repeat the agenda at the end of the meeting;

K - keep the meeting small and short;

S - scheduling should be outside the meeting.

What is the significance of a mnemonic?

A mnemonic can be referred to or considered as a tool of the English language wherein the initial letters of a concept are used to easily memorize the concept effectively.

In the given condition above, the mnemonic of SHARK is used as an effective memory tool for memorizing the purpose behind each initial in a meeting of intelligence department.

Therefore, the significance regarding mnemonic is aforementioned.

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During which period of time could one sag that the US economy was operating at point A

During which period of time could one sag that the US economy was operating at point A

Answers

Answer:

the great depression

Explanation:

there is a significant downfall in the economy

10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000​

Answers

The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

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What are the implications of managing external environment​

Answers

Answer:

Explanation:

Its has impacts on jobs and employment, the amount of environmental uncertainty, and the nature of stakeholder relationships.

The external environment is one that includes the external factors like the clients and customers. It needs to ensure the directly the interactive and the indirectly interactive factors function and work in collaboratively to achieve the business's objectives.

The implications of the environment mean managing the political, economical, and social environment also.

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Can someone help me with this

Can someone help me with this

Answers

Answer:

Is it account? or business?

Explanation:

Is it account or business??

Imagine you're considering becoming a franchisee, but you haven't yet decided if it's the right kind of business
for you. On the basis of what you've read about franchises, which factors would you consider in order to reach a decision?

Answers

When deciding whether to open a franchise, prospective franchisees should take into account a variety of aspects, including franchise fees, support and training, brand recognition, operational limitations, competition.

What factor in a franchise business is the most crucial?

Fee and royalty percentages, terms of the agreement, the amount of territory allotted to each franchisee, the regions in which you are prepared to give franchises, it's important to consider the specifics of your training programme as well as other elements when creating your franchise model.

Why do individuals decide to open franchises?

Franchising offers entrepreneurs and small company owners the ability to manage their own operations with the assistance and support of a larger organisation with a formula for success. Also, it enables larger organisations to expand and prosper.

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In 2012, XYZ Inc., a medical equipment distributor, sold 10,000 units of its hospital beds at an average price of $500 per unit. The company reported estimated returns and allowances of $200,000. The company purchased 11,000 units of its product from its manufacturer in 2012 at an average cost of $350 per unit. XYZ began 2012 with 1,000 units of its product in inventory (carried at an average cost of $300 per unit). Operating expenses (excluding depreciation) in 2012 were $400,000, and the depreciation expense was $100,000. XYZ had $2,000,000 in debt outstanding throughout all of 2012, which carried an average interest rate of 10%. The company’s tax rate is 40%. Its fiscal year runs from January 1 through December 31. Given this information, prepare the following documents: a. XYZ’s 2012 income statement b. XYZ’s 2012 ending inventory balance (both in unit and in dollar terms)

Answers

a. The preparation of XYZ's Income Statement  for the year ended December 31, 2012 is as follows:

Net sales revenue                             $4,800,000

Cost of goods sold                             3,450,000

Gross profit                                       $1,350,000

Operating expenses      400,000

Depreciation expense    100,000        500,000

Operating income                            $850,000

Interest Expense                                  200,000

Income before taxes                         $650,000

Taxes (40% x $650,000)                   260,000

Net income                                       $390,000

b. The ending inventory balance of XYZ's 2012 is as follows:

Units = (Beginning inventory + Purchases - Sales)

= 2,000 beds (1,000 + 11,000 - 10,000)

Dollars = $700,000 (2,000 x $350).

Data and Calculations:

Units of beds sold = 10,000

Average price per unit = $500

Sales revenue = $5,000,000

Estimated returns and allowances = $200,000

The Net sales revenue is $4,800,000 ($5,000,000 - $200,000).

The Cost of goods sold is $3,450,000 (9,000 x $350 + 1,000 x $300).

The Ending inventory is $700,000 (2,000 units x $350).

Operating expenses = $400,000

Depreciation expense = $100,000

Interest expense = $200,000 ($2,000,000 x 10%)

Tax rate = 40%

Thus, the ending inventory balance of XYZ's 2012 is 2,000 beds, worth $700,000.

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How often should you email your email list?

Answers

As long you feel the need!

If you liked this please give me the brainliest.

DEPENDS ON YOUR NEED

SO ACCORDING TO ME, IT DEPENDS UPON YOUR NEEDS IF YOU NEED TO U CAN EMAIL AROUND ONCE PER DAY BUT IF IT'S NOT THAT IMPORTANT YOU CAN JUST DO IT ACCORDING TO YOUR WISH IT CAN BE ONCE OR TWICE, OR THRICE A WEEK.

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Changes in the market environment impact _____

how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave

Answers

I think the answer is how consumers behave

Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.

Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.

Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.

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Carlsberg beer has an elasticity of -0.5 and the company decided cut prices to increase the total revenues on New Year’s Eve.

Answers

itack on Titan sasageyo

Please answer and give a brief explanation

What you think you can learn from the course acc 122 to help you in your daily life?

Answers

Answer:

This course covers the accounting process: the observation, measurement, and reporting of economic activity in order to develop information useful for decision

Explanation:

Prerequisite(s): Satisfactory reading and writing placement test scores or ENG 097.

Pre/Corequisite(s): ENG 101 and satisfactory numerical placement test scores or MATH 109.

Prompt
What is revising?
Read More>>>

Answers

In an academic sense, revising refers to the process of reviewing and making changes to a written work to improve its content, structure, clarity, and overall effectiveness.

Why is revising important ?

Integrating revisions during the writing process is crucial as it enables the authors to polish and enrich their concepts, reasoning, and delivery.

To effectively revise, one must possess a discerning perspective, meticulousness, and a readiness to implement significant alterations. Acquiring diverse viewpoints and understandings can be advantageous by receiving feedback from fellow peers, educators, or writing centers.

A rigorous revision process allows writers to enhance their work, reinforce their reasoning, and create a more polished and impactful academic piece.

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Assessing opportunity cost involves

Answers

The act of assessing opportunity cost involves making choices and dealing with consequences.

What is an opportunity cost?

This refers to the most desirable alternative given up as the result of a decision.

It is also the concept that cost of something that has to be given up to enjoy something better.

Hence, the act of assessing opportunity cost involves making choices and dealing with consequences.

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Answer: A. making choices and dealing with consequences.

Explanation: I just took the quiz on edge 2023.

What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?




A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.


B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.


C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.


D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

Answers

The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

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Tips for Successful LinkedIn Prospecting?

Answers

Answer:

Sales prospecting is one of the most essential elements of the whole sales process.

Some tips are;

Make LinkedIn Your Second HomeShow’em What you Got For ThemTweak and Polish Your ProfileConnect With StrategyBe more personal

Todd is working on resource scheduling in preparation for the start of a project. There is a potential problem in the works, however, as the new collective bargaining agreement with the company's union has not been concluded. Todd decides to continue working on the resource schedule in anticipation of a satisfactory settlement. Todd's approach would be an example of which method of dealing with risk

Answers

Answer:

Accept it.(Risk).

Explanation:

This is commonly known also as risk retention which is been encountered in business or investments. Many businesses use risk management techniques to identify, assess and prioritize risks for the purpose of minimizing, monitoring, and controlling said risks.

Most businesses and risk management personnel will find that they have greater and more numerous risks than they can manage, mitigate, or avoid given the resources they are allocated. As such, businesses must find a balance between the potential costs of an issue resulting from a known risk and the expense involved in avoiding or otherwise dealing with it. Types of risks include uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters, and overly aggressive competition.

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