1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nikitich [7]
1 year ago
15

Read this scenario, and then answer the question that follows. richard is excited to start his trucking business. after taking o

ut a loan, he decides to buy 10 used trucks and to hire drivers who live in his small town, which is 100 miles from the nearest big city. what potential economic consequences has richard not taken into consideration while making his decision?
Business
1 answer:
Damm [24]1 year ago
8 0

Some potential economic consequences that Richard did not consider before making his decision are:

  • The cost of maintenance for used trucks.
  • The cost of gasoline from the town to the nearest city.
  • The location of the places that goods will be transported to and from.

<h3>What are economic considerations?</h3>

These are the factors that will affect the profitability and viability of a business.

In Richard's case, he needed to have considered various costs such as the higher cost of maintaining used trucks and the cost of gasoline that he will incur for living so far from big cities.

He also needs to consider the distance his trucks will have to travel to pick up good and deliver them.

Find out more on economic considerations at brainly.com/question/13721949.

#SPJ1

You might be interested in
If someone dies without a will, who handles the distribution of the person’s estate?
Kruka [31]
When this happens, the intestacy laws of the state where you reside will determine how your property<span> is distributed upon your death. so D is the right answer</span>
4 0
3 years ago
5. When increased raw material costs increase prices for consumers, the situation is known as _______ inflation.
Bogdan [553]
5. C. cost push
6. A. Demand
7. A. Law of Demand
8. A. The product isn't a Necessity 
9. C. Demand
7 0
2 years ago
Read 2 more answers
Both Bond Sam and Bond Dave have 7.3 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has three
Ainat [17]

Answer:

-5.14 for sam

-18.01% for dave

Explanation:

We first calculate for Sam

R = 7.3%

We have 2% increase

= 9.3%

We calculate for present value of coupon and present value at maturity using the formula for present value in the attachment

To get C

1000 x 0.073/2

= 36.5

time= 3 years x 2 times payment = 6

Ytm = rate = 9.3%/2 = 0.0465

Putting values into the formula

36.5[1-(1+0.0465)^-6/0.0465]

= 36.5(1-0.7613/0.0465)

36.5(0.2385/0.0465)

= 36.5 x 5.129

Present value of coupon = 187.20

We solve for maturity

M = 1000

T = 6 months

R = 0.0465

1000/(1+0.0465)⁶

= 1000/1.3135

Present value = 761.32

We add up the value of present value at maturity and that at coupon

761.32 + 187.20

= $948.52

Change in % = 948.52/1000 - 1

= -0.05148

= -5.14 for sam

We calculate for Dave

He has 20 years and payment is two times yearly

= 20x2 = 40

36.5 [1-(1+0.0465)^-40/0.0465]

Present value = 36.5 x 18.014

= 657.511

At maturity,

Present value = 1000/(1+0.0465)⁴⁰

= 1000/6.1598

= 162.34

We add up these present values

= 657.511+162.34 = $819.851

Change = 819.851/1000 -1

= -0.1801

= -18.01%

4 0
3 years ago
Financial assistance intended to aid students in reaching their educational goals is called _____.
Westkost [7]
Answer

"D"


I'm not so sure
5 0
2 years ago
Read 2 more answers
What is the payment you receive for allowing a financial institution or corporation to use your
padilas [110]

Answer:C

Explanation: I have worked for 3 banks over the course of the last 10 years.

5 0
2 years ago
Other questions:
  • You wish to cite lucent information management, incorporated versus lucent technologies, incorporated. this is a 1997 federal ca
    15·1 answer
  • Rex became a partner with a 30% interest in the partnership profits when he invested $200,000. In 2019, the partnership generate
    6·1 answer
  • Jason Herman works part-time as a retail clerk at a local bookstore. One night while his manager was out of town, Jason decided
    10·2 answers
  • Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. 2016 Total
    8·1 answer
  • You are writing the financial analysis for a snowboarding apparel business you are hoping to open in Topeka. Which tips should y
    7·1 answer
  • How do you use morningstar. thx:)
    14·1 answer
  • Farris Billiard Supply sells all types of billiard equipment, and is considering manufacturing their own brand of pool cues. Mys
    8·1 answer
  • That something unique your business should have which other business do not have ​
    10·1 answer
  • A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500. Soon after the salesp
    8·1 answer
  • If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!