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Mice21 [21]
4 years ago
11

Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has prov

ided the following fixed and variable cost estimates that it uses for budgeting purposes.
Fixed Element per Month Variable Element per Well Serviced
Revenue $ 4,000
Employee salaries and wages $ 43,800 $1,000
Servicing materials $ 600
Other expenses $ 38,200
A total of 42 wells were actually serviced during October.
Required:
1. The "Other expenses" in the flexible budget for October would have been closest to___________.

Business
1 answer:
ELEN [110]4 years ago
3 0

Answer:

Solution is given in the attached diagram:

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​Sandstone, Inc. is considering a fourminusyear project that has an initial afterminustax outlay or afterminustax cost of​ $80,0
mote1985 [20]

Answer:

NPV = $28020.99

so he accept the this project as NPV value is positive

Explanation:

given data

CF 0 = $80000

CF 1 = $40000

CF 2 = $40000

CF 3 = $30000

CF 4 = $30000

discount rate r = 12%

solution

we get here Net present value (NPV) of the project that is total sum of the current value of all flow that is express as

NPV = - CF 0 + \frac{CF1}{(1 + r)} + \frac{CF 2}{(1 + r)^2} + \frac{CF3}{( 1+ r)^3} + \frac{CF4}{(1+r)^4}     ...........................1

put here value and we get

NPV  = - 80000 + \frac{40000}{(1+ 0.12)} + \frac{40000}{(1+ 0.12)^2} + \frac{30000}{( 1 + 0.12)^3} + \frac{30000}{(1+ 0.12)^4}  

solve it we get

NPV =  - 80000 + 35714.29 + 31887.76 + 21353.41 + 19065.54

NPV = $28020.99

so he accept the this project as NPV value is positive

4 0
3 years ago
Lillian sees a store sign that says cl_ ed. due to the gestalt law of _______, lillian knows the store is closed even though the
Jobisdone [24]
<span>This is the gestalt law of closure. Gestalt means a whole comprised from many pieces that takes on a meaning larger than itself. This refers to Lilian's process of assembling the word- it is composed from letters, but takes on an independent meaning. The law of closure is when this happens anyway even when we don't have all the information.</span>
4 0
4 years ago
What is the definition of gambling
Montano1993 [528]
To bet , play games for money , risky . 
3 0
3 years ago
United Disposal, Inc., operates a hazardous waste disposal site that accepts waste transported by Ace Trucking Company from Gene
rosijanka [135]

Answer:

United Disposal, General Manufacturing Corporation, Ace Trucking Company, and/or Investment Properties.

Explanation:

When the EPA cleans up site, it generally uses money from its superfund and it is allowed to recover the money from the entity that caused the pollution (either directly or indirectly), the owner of the premise or the user of the premise. I.e. they can recover the funds from anyone involved. The EPA will try to recover the funds based on several aspects including the financial position of the entities involved. E.g. if United Disposal, Ace Trucking Company and General Manufacturing Company filed for bankruptcy, the EPA will recover the funds from Investiture Properties even if they were not responsible for the pollution.

8 0
3 years ago
Define ethics and law and show how they are different and similar.
VikaD [51]

Answer: The law sets minimum standards of behavior while ethics set maximum standards. Laws are created and enforced by governments based on society's ethics to mediate our relationships with each other and to protect their citizens.

5 0
3 years ago
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