Answer:
Desing A is a better deal as the equivalent annual cost is lower than desing B
Anywa, bot desing cost are above the city collections thus, it cannot afford the sanitary systems unless it raises taxes
Explanation:
<em><u>Desing A </u></em>
F0 405,000
operating and maintenance cost 51,000 for 14 years
Present value of the operating and maintenance cost:
C = $ 51,000.00
time = 14 years
rate = 0.07
PV $446,018.8673
net worth: $ 851,081.87
equivalent annual cost:
PV 851,082
time 14
rate 0.07
C $ 97,316.904
<u><em>Desing B</em></u>
F0 251,000
operating and maintenance cost 89,000 for 14 years
C 89,000.00
time 14
rate 0.07
PV $778,346.6507
net worth: $ 1,029,346.65
equivalent annual cost:
C $ 117,700.580
LENDING REDEFINED
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Answer:
option (D) 10.34
Explanation:
The inventory turnover ratio for 2016 will be given as:
= [Cost of goods sold ] ÷ Average inventory
also,
Cost of goods sold in 2016 = $148,669
Average inventory = [ 2015 inventory + 2016 inventory ] ÷ 2
= [ 14,001 + 14,760 ] ÷ 2
= 28761 ÷ 2
= 14,380.5
Therefore,
The inventory turnover ratio for 2016 = $148,669 ÷ 14,380.5
= 10.34
Hence,
The answer is option (D) 10.34
Answer:
$1905
Explanation:
Here we will have to calculate Economic Order Quantity to lower the ordering ordering and holding cost as much as we can. So here we will use the following formula to calculate the best number of units that we should order, which is as under:
Economic Order Quantity = SquareRoot (2 * Annual Demand * ordering cost per order / Holding cost per unit per year)
Here
Annual Demand = 900kg of palm oil per day * 52 weeks * 5 day a week / 7
Annual Demand = 900 * 52 * 5 / 7 = 33,429
And
Ordering cost per order = $57 per order
Annual holding cost per unit per year is 20% of $5.25 per kg which is $1.05.
So by putting values, we have:
Economic Order Quantity = Square Root (2 * 33,429 * 57 / 1.05)
Economic Order Quantity = 1905 kgs
Answer:
The correct answer is:
- Conduct monetary policy;
- Ensure that the financial system is stable;
- Provide banking services to commercial banks, depository institutions, and the federal government.
Explanation:
A central bank is the apex monetary authority in a country. It plays several crucial roles in the smooth working of the economy.
- A central bank issues currency on behalf of the government.
- It formulates monetary policy on behalf of the government.
- It acts as a banker for the government.
- It acts as a banker for commercial banks.
- It supervises all financial institutions.
The role of providing services to businesses and consumers is played by commercial banks. Fiscal policy is formulated by the government. The responsibility of ensuring the growth of the economy also falls with the government.
