Look at the table price elasticity. what is the price elasticity of demand (using the midpoint formula) between $2.50 and $2.25?

Privo Co. purchases a machine that cost $15,000. Privo estimates a 5-year life with no salvage value. The first three years of d

Ierofanga [76]

Answer:

Double-declining balance method

Explanation:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 20%

Now the rate is double So, 40%

In year 1, the original cost is $15,000, so the depreciation is $6,000 after applying the 50% depreciation rate

And, in year 2, the depreciation is ($15,000 - $6,000) × 40% = $3,600

And, in year 3, the depreciation is ($15,000 - $6,000 - $3,600) × 40% = $2,160

6 0

3 years ago

An investment project provides cash inflows of $1,275 per year for eight years. a. What is the project payback period if the ini

photoshop1234 [79]

Answer:

The correct answer for option (a) is 3.22 years, option (b) is 4.04 years and for option (c) is 0 years.

Explanation:

According to the scenario, the given data are as follows:

Cash inflow = $1,275

Project payback period = Initial cost ÷ Cash inflow

(a). Initial cost = $4,100

So, Project payback period = $4,100 ÷ $1,275

= 3.22 years

(b) Initial cost = $5,150

So, Project payback period = $5,150 ÷ $1,275

= 4.04 years

(c). Initial cost = $11,200

So, Project payback period = $11,200 ÷ $1,275

= 8.78 years

As it is more than the eight years period, it never pays back.

So, 0 years

7 0

3 years ago

Kouba Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct labor-

Anvisha [2.4K]

Answer:

Kouba Corporation

Direct labor budget for April and May:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Explanation:

a) Data and Calculations:

April May

Production in units 1,700 1,600

Direct labor-hours per unit 0.52 0.52

Total direct labor-hours needed 884 832

Total direct labor-hours paid 960 960

Direct labor rate $9.00 $9.00

Total direct labor cost $8,640 $8,640

Idle hours paid for 76 128

Cost for idle hours $684 $1,152

b) The Kouba Corporation pays its workers for a total of 204 idle hours with a total cost of $1,836 for the two months period. This amount is substantial, about 10% of the total amount paid for the two months.

6 0

3 years ago

In 2019, smileytown consumed 50,000 tubes of toothpaste. in 2020, toothpaste consumption rose to 62,000 tubes. Calculate the per

Bumek [7]

If smileytown consumed 50,000 tubes of toothpaste in 2019, and in 2020, toothpaste consumption rose to 62,000 tubes, then there is a 24 percentage of change in the toothpaste consumption.

<h3>What is the significance of consumption?</h3>

The consumption of any commodity can be referred to or considered as the quantity purchased by consumers for utilization in an economy during a given period of time.

We can infer that 50000 + 24% = 62000, and thus, the percentage change in the toothpaste consumption of smileytown between 2019 and 2020 is 24 percent.

Therefore, the significance regarding the change in consumption has been aforementioned.

Learn more about consumption here:

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5 0

1 year ago

g A foreign factory has offered to supply with ready-made baskets for a price of $12 per basket. Assume that fixed costs are una

cluponka [151]

Answer:

The answer is "$5500".

Explanation:

Analysis Differential: