Answer:
Total Fixed Assets = 20 million
Explanation:
Total liabilities and equity = $65 million
Current liabilities = $10 million
Inventory = $15 million
Quick ratio = 3 times.
As we know
Total liabilities and equity = Total Assets
65 Million = Total Fixed Assets + Total Current Assets
65 Million = Total Fixed Assets + 45 million
Total Fixed Assets = 65 million - 45 million
Total Fixed Assets = 20 million
Quick Ratio = ( Total Current Assets - Inventory ) / Total Current Liabilities
3 = ( Total Current Assets - 15 million ) / $10 Million
3 x $10 Million = Total Current Assets - 15 million
30 million = Total Current Assets - 15 million
30 million + 15 million = Total Current Assets
Total Current Assets = 45 Million
Answer:
Jasmine and Tanya’s relationship with the hotel exemplifies how a service provider uses social bonds to support its customer retention strategy.
Explanation:
A social bond is a form of bond in which the customer builds a bond over a period of time by the continuous usage of it. At the same time, it needs to be noted that such bonds may not provide the fixed rate of return to the investors. The social outcomes achieved performs the function of repaying the investors respectively.
Answer:
Option C has a lower present worth, thus his cost is lower than other options after, considering time value of money <u>595,098.03</u>
Explanation:
Option A present worth <u>600,000</u>
Option B present worth of annuity-due
C $ 69,000
time 25 years
rate 0.12
<u>PV $606,117.7906 </u>
Option C
650,000 cash payment less present value of the rental space:
C $ 7,000
time 25 years
rate 0.12
PV $54,901.9738
650,000 - 54,901.97 = <u>595,098.03</u>
Answer:
Economies of scale
Explanation:
Economies of scale is described as the cost benefit or advantage which is experienced through the firm, when it rises the output level. Under economies of scale, the fixed costs did not vary or change with decreases or increases in the units of the production volume and the variable costs are dependent with rise in the output.
So, in this case, when the circumference is doubled of the oil pipeline, more than the volume doubles. This technique is selected through the large firms or business as it will result in the economies of scale.
Answer:
lower, higher
Explanation:
For a term loan, the longer the repayment duration, the more interest one pays.
Longer loan terms have a lower interest rate that seems attractive and affordable to customers. Long terms loans will also have low monthly repayments. Short-term loans have high-interest rates and high monthly repayments. However, the total interest paid on long-term loans is usually higher than that of short term loans. Lenders consider long term loans as riskier and will design them to attract more interest.