Answer:
False
Explanation:
Use high reach vehicle support stands to help stabilize the vehicle for jobs that involve considerable displacement of weight or that shake the vehicle. Never lower vehicles onto vehicle support stands. If this is done, the stands may push the vehicle off the lift.
Answer:
A buyer would be willing to pay at most $24,000.
Explanation:
There is a 40% chance of getting low quality cars.
Value of high quality car is $30,000.
Value of low quality car is $15,000.
Price of car that buyer will be willing to pay
=40% of lower quality+60% of higher quality
=40% of $15,000+60% of $30,000
=0.4*15,000+0.6*30,000
=$6,000+$18,000
=$24,000
So, the buyers will be willing to pay a maximum value of $24,000.
?? this needs more context
Answer:
The correct answer is a decrease in the interest rate
good luck ❤
Answer:
IRR = 12.92%
Explanation:
<em>The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero
</em>
<em>If the IRR greater than the required rate of return , we accept the project for implementation </em>
<em>If the IRR is less than that the required rate , we reject the project for implementation </em>
A project that provides annual cash flows of $24,000 for 9 years costs $110,000 today. Under the IRR decision rule, is this a good project if the required return is 8 percent?
Lets Calculate the IRR
<em>Step 1: Use the given discount rate of 10% and work out the NPV
</em>
NPV = 9000× (1-1.10^(-4)/0.1) - 27,000 =1528.78
<em>Step 2 : Use discount rate of 20% and work out the NPV (20% is a trial figure)
</em>
NPV = 9000× 1- 1.20^(-4)/0.2 - 27000 = -3701.38
<em>Step 3: calculate IRR
</em>
<em>IRR = a% + ( NPVa/(NPVa + NPVb)× (b-a)%</em>
IRR = 10% + 1528.78/(1528.78+3701.38)× (20-10)%= 0.12923
= 0.129230153 × 100
IRR = 12.92%