Answer:
He could afford to spend $133,411 for the device now.
Explanation:
The maximum the surgeon could afford for the device is equal to the sum of present value of the lawsuit costs that he can avoid in year 2 and year 5 which is:
+ Year 2: 600,000 * %out-of-pocket cost for the law suit = 600,000 * 10% = $60,000;
+ Year 5: 1,350,000 * %out-of-pocket cost for the law suit = 1,350,000 * 10% = $135,000.
=> The amount he can afford for the device = 60,000 / 1.1^2 + 135,000 / 1.1^5 = $133,411.
So, the answer is $133,411.
Answer and Explanation:
The items that should be reported on the cash flow statement is shown below;
On March 12 Purchase of fixed assets - investing activity - deducted - $104,300
On Oct 4 Sale of fixed assets - investing activity - added - $63,840
Gain on sale of fixed assets - operating activities - deducted - $31,710 ($95,550 - $63,840)
Answer:
This is a situation of derived demand. The demand for electronics is derived from that of rare earth metals.
So if the price of extraction of rare earth metals increases, supply will not meet demand, prices of rare earth metals will go up.
Since demand for electronics is derived from that of rare earth metals, the price of electronics will go up to accommodate the price change of the rare earth metals.
Explanation:
95% of americans have a television and don’t say that I’m wrong because I know I’m not
<span>This is known as the ceiling effect. This means that the independent variable no longer has an effect on the dependent variable in this circumstance. It can also mean that the level above which a variance is an independent variable is no longer estimated.</span>
