Answer:
Frank should set up automatic withdrawals for the company he is paying.
Explanation:
Answer:
(3) $3,750,000
Explanation:
The computation of the expect monthly sales to be as high is shown below:
Given that
Sales per month = $300,000
Royalty payments = 8% of sales
So, the expected monthly sales would be
= Sales per month ÷ Royalty payments percentage
= $300,000 ÷ 8%
= $3,750,000
We simply divided the sales per month by the royalty payment percentage i.e 8%
Answer:
Explanation:
Player 1
If Player 1 chooses strategy A
then the player 2's best outcome of 23 comes from strategy C.
If Player 1 chooses strategy B
then the player 2's best outcome of 26 comes from strategy C.
Player 2
If Player 2 chooses strategy C,
then the player 1's best outcome of 14 comes from strategy B.
If Player 2 chooses strategy D
then player 1's best outcome of 14 comes from strategy A.
If Player 2 chooses strategy E
then player 1's best outcome of 20 comes from strategies A and B.
If Player 2 chooses to strategy F
then player 1's best outcome of 22 comes from strategy A.
Hence, the better off play of both player is as follow
- Player 1 plays strategy B
- Player 2 plays strategy C
Answer:
$0.76 per ton or ore
Explanation:
to calculate the depletion expense per ton of re, we must first calculate the land's initial cost - salvage value = $1,890,400 - $264,000 = $1,626,400
now we divide by total expected ore reserves = 2,140,000 tons
depletion expense per ton of ore = $1,626,400 / 2,140,000 tons = $0.76 per ton
that means that the land will depreciate depending on the number of tons of ore extracted, not the time passed
