In this case, two-stage construction was decided since it had a lower present-day cost. For single-stage construction, the following formula is used to determine which construction plan to use.
PW of Cost = $ \($22,400,000 plus 100,000(P/A, 4%, 25)\)
= $22,400,000 + 100,000(15.622) (15.622)
= $22,400,000 + $1,562,200
= $23,962,200
Now
For the building of Tow stages
PW of cots equals $14,200,000 plus $75,000 (P/A, 4%, 25) plus $12,600,000. \((P/F, 4% 25)\)% 25)
= $14,200,000 + $75,000(15.622) + $12,600,000(0.3751) (0.3751)
= $14,200,000 + $1,171,650 + $4,726,260
= $20,097,910
What are the four different methods of cost accounting?
Cost accounting may be broadly categorized into four different forms.
Accounting for costs as usual.
Accounting for costs depending on activity.
calculating marginal costs.
Accountancy that is lean.
What are the two different sorts of costs?
Variable expenses and fixed expenses are the two different types. Although both fixed and fluctuating expenses have differing effects on the firm, those are both crucial to its profitability.
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A very large company would be most likely to have a(n)\ at the head of its accounting department.
Answer:
the answer is
CHIEF FINANCIAL OFFICER
A project has the following estimated data: Price = $53 per unit; variable costs = $22 per unit; fixed costs = $31,460; required return = 12 percent; initial investment = $46,200; life = four years. a. Ignoring the effect of taxes, what is the accounting break-even quantity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the cash break-even quantity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the financial break-even quantity? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 6 d. What is the degree of operating leverage at the financial break-even level of output? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) 4 a. Accounting break-even quantity b. Cash break-even quantity c. Financial break-even quantity d. DOL
The accounting break-even quantity is calculated to be 1,000 units.
The cash break-even quantity is calculated to be 1,640 units.
The financial break-even quantity is calculated to be 1,223 units.
The degree of operating leverage at the financial break-even level of output is calculated to be 2.857.
The accounting break-even quantity represents the number of units that need to be sold in order to cover all costs, including fixed costs. To calculate the accounting break-even quantity, we divide the fixed costs by the contribution margin per unit, which is the difference between the selling price per unit and the variable cost per unit:
Accounting break-even quantity = Fixed costs / Contribution margin per unit
In this case, the fixed costs are $31,460 and the contribution margin per unit is ($53 - $22) = $31. Calculating the accounting break-even quantity:
Accounting break-even quantity = $31,460 / $31 = 1,014.19 units (rounded to 2 decimal places) or 1,000 units.
The cash break-even quantity takes into account the timing of cash flows, considering the recovery of the initial investment. To calculate the cash break-even quantity, we divide the initial investment by the cash flow per unit, which is the difference between the selling price per unit and the variable cost per unit:
Cash break-even quantity = Initial investment / Cash flow per unit
In this case, the initial investment is $46,200 and the cash flow per unit is ($53 - $22) = $31. Calculating the cash break-even quantity:
Cash break-even quantity = $46,200 / $31 = 1,490.32 units (rounded to 2 decimal places) or 1,640 units.
The financial break-even quantity considers the recovery of both fixed costs and the required return on investment. To calculate the financial break-even quantity, we divide the sum of fixed costs and the required return on investment by the contribution margin per unit:
Financial break-even quantity = (Fixed costs + Required return) / Contribution margin per unit
In this case, the fixed costs are $31,460, the required return is 12% of the initial investment ($46,200 * 0.12 = $5,544), and the contribution margin per unit is $31. Calculating the financial break-even quantity:
Financial break-even quantity = ($31,460 + $5,544) / $31 = 1,223.23 units (rounded to 2 decimal places) or 1,223 units.
The degree of operating leverage (DOL) measures the sensitivity of operating income to changes in sales volume. It is calculated by dividing the contribution margin by the operating income:
DOL = Contribution margin / Operating income
At the financial break-even level of output, the operating income is zero, and the contribution margin is ($53 - $22) = $31. Calculating the DOL:
DOL = $31 / $0 = undefined.
Since the operating income is zero, the DOL at the financial break-even level of output is undefined.
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The monopolist firm has divided the market into two sub-markets (a) and (b) in order to increase its profits. The price elasticity coefficients of demand in each submarket are ea = - 4 and eb = - 2. Accordingly, if the good is sold at Pa = 40 $/unit price in (a) sub-market, at what unit price is it sold in (b) sub-market?
Given the price elasticity coefficients of demand in the two sub-markets, with ea = -4 and eb = -2, and a price of Pa = $40/unit in sub-market (a), the unit price in sub-market (b) can be calculated to be $80/unit.
The price elasticity of demand measures the responsiveness of the quantity demanded to a change in price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. In this case, the price elasticity coefficient in sub-market (a) is -4, which means that a 1% increase in price leads to a 4% decrease in quantity demanded. In sub-market (b), the price elasticity coefficient is -2, indicating that a 1% increase in price results in a 2% decrease in quantity demanded.
To find the unit price in sub-market (b), we can set up a ratio of the price elasticity coefficients:
(-4) / (-2) = Pa / Pb
Simplifying the equation:
2 = Pa / Pb
Substituting the given unit price in sub-market (a) as $40:
2 = 40 / Pb
Solving for Pb:
Pb = 40 * 2
= $80
Therefore, the unit price in sub-market (b) would be $80.
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What are the top three types of sole proprietorships and percentages?
(HELP) Which details apply to a financing contract? Check all that apply.
A. requires a credit check
B. are always less expensive than using a credit card
C. includes interest rate information
D. requires a signature for rent-to-own agreements
E. can be broken at any time
I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
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highlight characteristics of itinerant traders
A company purchased a commercial dishwasher by paying cash of $5,300. The dishwasher's fair value on the date of the purchase was $5,690. The company incurred $500 in transportation costs, $220 installation fees, and paid a $160 fine for illegal parking while the dishwasher was being delivered. For what amount will the company record the dishwasher?
When a company purchases an asset, the cost of the asset is recorded on the balance sheet as an asset. In this case, the company purchased a commercial dishwasher for $5,300 in cash. However, the fair value of the dishwasher on the date of purchase was $5,690, which means the company received a discount on the purchase.
To record the dishwasher on the balance sheet, we need to add the cost of the dishwasher to any additional costs incurred to get it up and running. The company incurred $500 in transportation costs to get the dishwasher to their location and $220 for installation fees, which brings the total cost to $6,020 ($5,300 + $500 + $220).
The company will record the dishwasher at a total cost of $6,020. This includes the cash payment of $5,300, transportation costs of $500, and installation fees of $220. The $160 fine for illegal parking is not considered as it is not directly related to the acquisition of the dishwasher.
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If the price elasticity of supply is 1.5, and a price increase led to a 3% increase in quantity supplied, then the price increase is about
Select one:
a. 0.2%.
b. 0.5%.
c. 2.0%.
d. 4.5%
In the event, the price elasticity of supply is 1.5, and a cost increment prompted a 3% increment in the amount provided, then the price increase is approximately 2.0%.
The option (C) is correct.
To work out the rate change in price, we can utilize the recipe:
Percentage change in price = (Percentage change in quantity supplied) / Price elasticity of supply
Considering that the price elasticity of supply is 1.5 and the amount provided expanded by 3%, we can substitute these qualities into the recipe:
Percentage change in price = (3%) / 1.5
Percentage change in price = 2%
Therefore, the price increase is approximately 2%.
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8. natural monopoly analysis the following graph shows the demand (d) for cable services in the imaginary town of utilityburg. the graph also shows the marginal revenue (mr) curve, the marginal cost (mc) curve, and the average total cost (atc) curve for the local cable company, a natural monopolist. on the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity for this natural monopolist. monopoly outcome 0 2 4 6 8 10 12 14 16 18 20 100 90 80 70 60 50 40 30 20 10 0 price (dollars per subscription) quantity (number of subscriptions) d mr mc atc which of the following statements are true about this natural monopoly? check all that apply. in order for a monopoly to exist in this case, the government must have intervened and created it. the cable company is experiencing economies of scale. the cable company is experiencing diseconomies of scale. the cable company must own a scarce resource. true or false: without government regulation, natural monopolies can earn positive profit in the long run. true false
Natural monopolies are permitted when one firm can provide a good or service for less money than any potential rival, but they are frequently very tightly controlled to safeguard consumers.
What is the main goal of natural monopoly?A monopoly in economics is naturally characterized as one that results from a market condition with extraordinarily high fixed costs or challenging entry barriers for startups in special business or offering consumer services.
Because there is only one most effective firm whose supply satisfies the demand in the market effectively, a natural monopoly exists. The power sector is one illustration.
Therefore, It applies to markets where it is advantageous to supply a product or service by a single business rather than by several.
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in the base year, what can we say about real gdp and nominal gdp?
In the base year, we can say that nominal GDP and real GDP are equal, but in subsequent years, real GDP provides a better measure of economic performance by adjusting for inflation.
In the base year, the inflation rate is zero, which means that the nominal GDP and real GDP are equal. This is because the prices of goods and services in the base year are used to calculate both nominal and real GDP. Therefore, in the base year, we can say that nominal GDP and real GDP are equal.
However, in subsequent years, as prices change, there will be a difference between nominal GDP and real GDP. This difference is due to inflation, which causes the prices of goods and services to increase over time.
As a result, nominal GDP will tend to overstate economic growth, while real GDP will provide a more accurate measure of economic performance by adjusting for inflation.
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How did more efficient way to make things, led to mass production, resulted in prices decreasing?
Anything consumers required or wanted could be produced in bigger quantities. Consumer products become more affordable as a result of mass production. In the end, economies of scale led to the most reasonable pricing of any product for the consumer without forcing the manufacturer to forgo revenues.
How Did Mass Production Affect the Price of Consumer Goods?Before mass production became a reality, most products were handcrafted specifically for each customer. Consumer goods may be produced for the biggest market feasible after mass production was invented and refined.
The motor and the horse-drawn carriage, which it replaced, serve as a suitable illustration. The horse-drawn carriage was never manufactured in bulk. Only when someone, some business, or some other entity ordered a carriage was it built. Then and only then would the carpenters who were skilled in making carriages start to build the machine.
Manufacturers were able to make things more quickly thanks to mass production, which also increased their distribution and made them more widely available, which led to an increase in sales.
In contrast to products created one at a time for a single customer, having a larger number of products accessible for general sale allowed producers to reduce costs.
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in a service setting, the aggregate plan results in a time-phased projection of _____ requirements. multiple choice customer outsourcing inventory staff subcontracting
In a service setting, the aggregate plan results in a time-phased projection of staff requirements.
In a service setting, the aggregate plan is an important operational planning process that helps in managing capacity and resources effectively. It involves determining the optimal levels of various resources required to meet the anticipated demand for services.
Among the options provided, the most relevant resource that the aggregate plan focuses on in a service setting is staff.
The aggregate plan helps in projecting the time-phased requirements for staff based on the forecasted demand for services.It takes into account factors such as expected workload, service capacity, and staffing levels needed to meet customer demand efficiently.The purpose of this time-phased projection is to ensure that the service organization has the appropriate number of staff members available at different times to handle customer needs effectively.By aligning staffing requirements with anticipated demand, the service provider can avoid understaffing or overstaffing situations, leading to optimized resource utilization and improved customer satisfaction. Therefore, in a service setting, the aggregate plan results in a time-phased projection of staff requirements.
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. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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Turn to Part C of the Systems Analyst's Toolkit and review the concept of net present value (NPV). Determine the NPV for the following: An information system will cost $175,000 as an initial investment to implemented over a six month period and will produce no savings during the last six months of first year once it has gone online. When the system goes online, the company will save $27,750 during the second year of operation. For the next four years, the savings will be $39,250,$45,500,$48,500, and $40,250, respectively per year. Assuming a 4.25% discount rate, what is the NPV of the system? Explain in detail whether.or.not this a good investment (one four sentence paragraph at a minimum).
The NPV of the system is the sum of the present values of the cash flows minus the initial investment, which needs to be calculated based on the given data.
To calculate the NPV, we need to discount the future cash flows to their present values and subtract the initial investment. Using a discount rate of 4.25%, we can calculate the present value of each cash flow and sum them up. The present value of each cash flow is calculated by dividing the cash flow by (1 + discount rate) raised to the corresponding period. After calculating the present values, we subtract the initial investment of $175,000. If the resulting NPV is positive, it indicates that the project is a good investment. If the NPV is negative, it suggests that the project may not be worthwhile.
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According to Armour (2007), a Gallup poll indicated that employees who had _____ at work reported 50% more job satisfaction than those who did not.
Answer:
close friends
Similarly, a Gallup poll revealed that employees who had close friends at work were almost 50% more satisfied with their jobs than those who did not (Armour, 2007).
Explanation:
Carlos wrote a check for $44.92 to pay his gas bill. he’ll use the check register to record his transaction. what will be his new balance?
His new balance after the check is deducted will be $370.09
How to determine his new balance?From the complete question, we have the following parameters:
Initial Balance = $415.01 Check amount = $44.92The new balance is then calculated using:
New balance = Initial Balance - Check
So, we have:
New balance = 415.01 - 44.92
Evaluate
New balance = 370.09
Hence, his new balance will be $370.09
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Carlo's new balance will be $44.92 less than what he initially had in his account before the gas purchase.
What is a checkbook?Simply put, a checkbook is a document issued by a bank to a customer which can be used to process money out of an account.
Currently, only a current account is allowed to use a checkbook.
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You are a potential stockholder and are concerned that a particular company you are ready to invest in, might have too much debt. which financial statement would provide you with the information needed to evaluate your concern?
You are a potential stockholder and are worried that a particular company you want to invest in has a large amount of debt. The financial statement that provides the information necessary to assess concerns is the balance sheet.
What are balance sheets?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time. It is one of the basic documents that make up a company's financial statements. There are three types of balance sheets: Comparative balance sheet. Vertical balance sheet and Horizontal balance sheet.
Why use a balance sheet?A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their company. A balance sheet report on the organization's assets (what it owns) and liabilities (what it owes).
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other than operating profit, there are three main sources of external financing.
true
false
There are three main sources of external financing: equity, debt, and venture capital. The given statement is True.
Equity is the most common form of external financing and is the sale of a portion of the company’s ownership to investors in exchange for cash. Debt is the borrowing of a sum of money from a lender, usually with a fixed repayment schedule and interest rate.
Venture capital is a form of financing from an investor, usually a large financial institution, that provides capital to companies in exchange for an equity stake. Venture capital is most often used for startups to help them grow and scale.
All three of these sources of external financing can be used to expand a company’s operations, invest in new initiatives, hire new staff, and more.
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All of the following are fraudulent health care practices EXCEPT:
A) continuing to counsel a client at risk of harming themselves, free of charge, after his or her health care benefits have run out.
B) providing family counseling services (which are not reimbursable) and reporting that individual counseling services are being provided (which are reimbursable).
C) waiving the co-payment when a co-payment is required.
D) billing for a missed session and indicating the client attended the session because missed sessions are not reimbursable.
E) reporting that an approved professional is providing direct services to a client when the services actually are being provided by a counselor who is not approved.
Waiving the co-payment when a co-payment is required is not a fraudulent health care practice. The correct option is option C.
What are Fraudulent Health care practicesFraudulent healthcare practices are dishonest actions carried out in the healthcare sector with the intent of taking advantage of patients, making illegal financial gains, or abusing the healthcare systems. These procedures may involve healthcare workers, institutions, or people who knowingly commit fraud.
For fraudulent health care practice to be curtailed, it is crucial for patients, insurance companies, and regulatory bodies to remain vigilant in identifying and combating fraudulent healthcare practices to protect the integrity of the healthcare system and ensure patient safety.
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a budget deficit a) is the accumulation of years of government overspending. b) occurs when government receipts are less than spending. c) occurs when government spending is less than receipts. d) occurs when government receipts are equal to spending.
A budget deficit occurs when government receipts are lower than spending. This means that the government is spending more money than it is bringing in through taxes, fees, and other forms of revenue. It is important to note that a budget deficit is not necessarily the result of overspending in a single year but rather the accumulation of years of spending more than the government is able to generate in revenue.
When a budget deficit is not addressed, it can lead to a growing national debt, which can have long-term negative consequences for the economy. To address a budget deficit, the government may need to implement spending cuts, increase taxes, or a combination of both. It is important for the government to carefully manage its finances and ensure that spending aligns with revenue in order to avoid a budget deficit.
A budget deficit occurs when government receipts are less than spending (option b). This means that the government is spending more money than it is receiving through taxes and other revenue sources. This situation may lead to the government borrowing money to cover the shortfall.
A budget deficit is not the accumulation of years of government overspending (option a), as it refers to a single year's financial situation. Option c is incorrect because when government spending is less than receipts, it is called a "budget surplus." Option d is also incorrect, as it describes a balanced budget where government receipts are equal to spending.
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Which factor played the most important role in the expansion of economle
connections between countries since the mid-20th century?
A. Rapid inflation in most countries
B. International efforts to protect the environment
C. Advances in technology
D. Reduced trade between neighboring countries
You are an investment counselor, and your new 65-year-old client has come in for some advice. He is considering retiring in a year and wants to know more about how to make a return suitable for retirement income and still maintain his principle initial investment. Like most people, he knows very little about investing money and the many different investment securities available to him. Discuss what you would tell him
A diversified portfolio that includes both low-risk, low-return investments like bonds high-risk, increasing investment like stocks is what I advise, investing in securities that generate income, dividends or rental property.
Portfolio? What do you mean?A portfolio is a group of financial assets, such as securities, bonds, commodities, cash, as well as cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of stocks, bonds, and cash.
A portfolio with an example is what?A portfolio is, in the most basic sense, a grouping of investment opportunities that includes stocks, bond funds, cash, and other kinds of assets. Investing in various asset classes, such as stocks, bonds, and commodities, is common, but
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if the marginal cost of producing this good is 4, how much total consumer surplus would consumers receive in this market? a. 8 b. 64 c. 12 d. 32
If the marginal cost of producing this good is 4, the total consumer surplus consumers would receive in this market is 32.
What is the Marginal cost?A unit's marginal cost, as used in economics, is the difference in total production costs that results from creating or producing an additional unit. Divide the change in production costs by the change in quantity to obtain the marginal cost. To assess when a company may reach economies of scale to maximize production and all other operations, the marginal cost analysis is done. The producer may make money if the marginal cost of producing one extra unit is lower than the price per unit. Producing additional units will increase variable costs because they vary depending on production levels.
When stepping up production entails increased expenses due to shifts in key ranges, businesses must be careful.
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Consulting firms and human resource departments have spent innumerable hours attempting to develop executive compensation programs that vwill align the goals of a firm's managers with those of the fim's shareholders. which the follawing compensation packages is most likely to accomplish this task? 1) An annual salary of $500,000 and a stock option bonus package that provides 100,000 shares after one year 2) An annual salary of $500,000 and a stock option bonus package for a total of 250,000 shares, with 50,000 shares vesting at the end of each of the next five years 3) An annual salary of $250,000 and a stock option bonus package that provides 250,000 shares after five years 4) An annual salary of $800,000
Answer:
2) An annual salary of $500,000 and a stock option bonus package for a total of 250,000 shares, with 50,000 shares vesting at the end of each of the next five years
Explanation:
As per the given options, the second option is most likely selected for achieving the task as it aligned the goal of the management with the goal of the firm. Also if there is a good salary than it is sufficient for taking care of the short term needs of an employee also the employee do his best for better the share price so that the company and the employee get the benefit in the long term
Therefore the second option is correct
If we use future value rather than present value to decide whether t make an investment: A) we will make the same decision using either future value or present value. B) we will make a bad decision, since the future value will always be lower if the discount rate is positive. C) we will make a bad decision, since the future value will always be higher if the discount rate is positive D) There is not enough information given to answer the question.
C) we will make a bad decision, since the future value will always be higher if the discount rate is positive.
Future value represents the value of an investment at a future point in time, while present value represents the value of the investment at the current time. By using future value instead of present value to make an investment decision, we ignore the time value of money, which is the concept that money is worth more in the present than in the future. This means that a dollar today is worth more than a dollar tomorrow, due to factors such as inflation and the potential to earn interest.
Therefore, using future value instead of present value can lead to bad investment decisions, since we are not taking into account the time value of money.
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A used-car cost 5000. You figure you can get 4 years out of it. You drive 10000 miles per year. Your car insurance costs 1200$ per year. You figure you’ll spend 400$ per year on maintenance. Gas cost 3$ per gallon and the car gets 25 miles per gallon. What will be your average cost (all cost included) per mile over 4 years ?
Answer:
$0.405
Explanation:
The average cost per mile:
Cost per year:
Insurance : $1200
Gas At $3 per gallon: car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.
Consumption per year = 10,000/25 x 3= $1200
maintenance $400
Cost for fours years
Car cost: =$5000
Insurance : $1,200 x 4 =$4,800
Gas costs: $1200 x 4 =$4800
Maintenance :$400 x 4 = $1600
Total costs for four years= $5000+ $4800+ $4800+$1600
=$16,200
Average cost per mile
=$16,200/ 40,000
=
The average cost per :
Cost per year:
Insurance : $1200
Gas At $3 per gallon: car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.
Consumption per year = 10,000/25 x 3= $1200
maintenance $400
Cost for fours years
Car cost: =$5000
Insurance : $1,200 x 4 =$4,800
Gas costs: $1200 x 4 =$4800
Maintenance :$400 x 4 = $1600
Total costs for four years= $5000+ $4800+ $4800+$1600
=$16,200
Average cost per mile
=$16,200/ 40,000
=$0.405
Which statement best explains why this passage is an
effective use of rhetoric?
Let us not overlook the fact that the small, independent
business man or woman creates more than 80 percent of
all the new jobs and employs more than half of our total
work force. Our across-the-board cut in tax rates for a 3-
year period will give them much of the incentive and
promise of stability they need to go forward with
expansion plans calling for additional employees.
Tonight, I renew my call for us to work as a team, to join
in cooperation so that we find answers which will begin
to solve all our economic problems and not just some of
them. The economic recovery package that I've outlined
to you over the past weeks is, I deeply believe, the only
answer that we have left.
--President Ronald Reagan
April 28, 1981
O Reagan employs a tone that is both academic and
commanding
O Reagan uses both facts and inspirational language
to persuade the audience.
O Reagan feels no need to support his ideas with
evidence.
O Reagan skillfully shifts the responsibility for the
budget to Congress.
Me
The answers B by the way
Answer:
His economic plan will benefit most people.
Explanation:
just took it
Answer:
The answer is B
Explanation:
Which situation best illustrates the concept of scarcity?
a class designing and selling calendars
a cook learning to be an executive chef
a friend buying a copy of a popular DVD
a person buying a used car due to limited income
Answer:
answer is D
Explanation:
Situation best illustrates the concept of scarcity is a person buying a used car due to limited income
What is Scarcity?Scarcity can be regarded as an economic situation whereby the demand for a resource is more compare to the supply .
Therefore, scarcity is as a result of the resource, been limited.
Learn more about Scarcity at;
https://brainly.com/question/1888324
What does ceteris paribus mean?
Answer:
rat
Explanatio