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Iteru [2.4K]
2 years ago
12

Blanche, a minor, enters into a contract to buy two all-season passes from Chalet Mountain Resort. The contract will be made enf

orceable if Blanche
Business
1 answer:
WARRIOR [948]2 years ago
7 0

Answer:

ratifies it

Explanation:

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The management of Retz Corporation is considering the purchase of a new machine costing $500,000. The company's desired rate of
kirill [66]

Answer:

The present value index is 0.91 which is less than 1. So, the investment should not be accepted.

Explanation:

Present Value Index : It shows the ratio between the sum of present value of all years cash inflows after applying the discount rate and initial investment.

In mathematically,

Present value index = Sum of present value of all years cash flows with discount rate ÷ Initial Investment

where,

Present value = Net cash flow × Discount rate

So,

Year 1 = $180,000 × 0.909 = $163,620

Year 2 = $120,000 × 0.826 = $99,120

Year 3 = $100,000 × 0.751 = $75,100

Year 4 = $90,000 × 0.683 = $61,470

Year 5 = $90,000 × 0.621 = $55,890

Now, Sum all the yearly cash inflows which equals to

= $163,620 + $99,120 + $75,100 + $61,470 + $55,890

= $455,200

So, the present value index = $455,200 ÷ $500,000 = 0.91

Hence, the present value index is 0.91 which is less than 1. So, the investment should not be accepted.

5 0
3 years ago
During January, its first month of operations, Marigold Company accumulated the following manufacturing costs: raw materials $5,
Fiesta28 [93]

Explanation:

The journal entries are as follows

1. Raw material inventory $5,100

         To Account payable $5,100

(Being the raw material is purchased on account)

2. Factory labor $5,100

       To Factory wages payable $1,700

       To Payroll tax payable $2,900

(Being the factory overhead cost is recorded)

3. Manufacturing overhead $2,900

           To Utilities payable $2,900

(Being the overhead cost is recorded)

6 0
3 years ago
Gina changes the amount of milk she purchases depending on whether it costs $1,$1.50, or $1.75 a pound. What other information d
Illusion [34]

Answer: how much butter she buys at each price point.

Explanation: The demand curve shows how much a person chooses to buy at different prices. In order to graph the curve, we need to know how much butter Jenna buys when it costs $1, $1.50, and $1.75.

3 0
3 years ago
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
Jlenok [28]

Answer:

c.Moral hazard

Explanation:

Moral hazard can occur when banks take on excessive risk more than they would normally take on because they know they would be bailed out if they fail.

I hope my answer helps you

5 0
3 years ago
10
nata0808 [166]

Answer:

cuvuvigigigigig88g8gigigig8fi

7 0
2 years ago
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