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3 years ago

If the cost of gasoline rose $5.00 per gallon, would people support offshoring drilling?

1 answer:

ivann1987 [24]3 years ago

8 0

Demand drives the price up. Supply shortages would be cause for offshore drilling. I am an ROV pilot in the Oil & Gas Industry and trust me we have enough supply. There just needs to be more demand for oil.

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For Roche Inc., variable manufacturing overhead costs are expected to be $20,730 in the first quarter of 2020, with $4,370 incre

Margarita [4]

Answer:

Manufacturing Overhead Budgets:

Quarter 1:

Variable Overhead - $20,730

Fixed Overhead - $35,180

Total for quarter 1 = $55,910

Quarter 2:

Variable Overhead - $25,100

Fixed Overhead - $35,180

Total for quarter 2 = $60,280

Quarter 3:

Variable Overhead - $29,470

Fixed Overhead - $35,180

Total for quarter 3 = $64,650

Quarter 4:

Variable Overhead - $33,840

Fixed Overhead - $35,180

Total for quarter 4 = $69,020

Total for the year:

Variable Overhead $(20,730 + 25,100 + 29,470 + 33,840) = $109,140

Fixed Overhead $(35,180 x 4) = $140,720

Total = $249,860

Explanation:

a) Fixed overhead is estimated to be $35,180 each quarter. So the total for the year will be $35,180 x 4 quarters = $140,720.

b) The variable overhead in the first quarter was estimated to be $20,730. In the second quarter, it will increase by $4,370, to give $25,100 (20,730 + 4,370).

In the third quarter, it will increase by $4,370 on the second quarter's to give $29,470 (25,100 + 4,370).

In the fourth quarter, it will increase by $4,370 on the figure of the third quarter to give $33,840 (29,470 + 4,370).

5 0

3 years ago

Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has

Vilka [71]

Answer:

a.$700,000

b.$400,000

c.$650,000

Explanation:

Net Income = (Sales - Operating expense - Depreciation - Interest expense) x (1 - tax rate)

Sales is $5,000,000

operating expense is $3,500,000

depreciation is $1,000,000

interest expense is $1,000,000

tax rate is 40%=0.40

net income=(5000,000-3500,000-1,000,000-1000,000)*(1-0.4)

net income=-$300,000

Cash flow =net income +depreciation

cash flow=-$300,000+$1000,000

cash flow=$700,000

if the project cannibalize at $500,000 net income would be:

net income=(5000,000-3500,000-1,000,000-1000,000-500,000)*(1-0.4)

net income=-$600,000

cash flow=-$600,000+$1,000,000

cash flow is $400,000

Ignoring part b, a reduction in tax to 30% would impact thus:

net income=(5000,000-3500,000-1,000,000-1000,000)*(1-0.3)

net income=-$350,000

Cash flow =-$350,000+$1000,000

cash flow is $650,000

4 0

3 years ago

(Calculating annuity payments) The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures

Olenka [21]

Answer:

Ans. The equal amount of money that Aggarwal Corporation needs to put into this account, for 10 years, at the end of each year is $658,200.90

Explanation:

Hi, in order to find the equal amount of money to put into this account, that returns 9% annually, for ten years, and to be paid at the end of each year, we need to use the following formula and solve for "A".

$Future Value=\frac{A((1+r)^{n}-1) }{r}$

Where:

Future Value= $10,000,000

r= 0.09

n=10

So, everything should look like this.

$10,000,000=\frac{A((1+0.09)^{10}-1) }{0.09}$

$10,000,000=A(15.1929297)$

$\frac{10,000,000}{15.1929297} =A$

$A=658,200.9$

The answer is: Aggarwal Corporation needs to save $658,200.90 every year, at the end of the year, for ten years in order to get $10,000,000 in ten years to retire its mortgage.

Best of luck.

5 0

3 years ago

Which skill or ability is most important for employees in the business and financial operations occupational cluster?

Maksim231197 [3]

Change is constant in the business and financial operations industry. Therefore, an employee must be versatile so he/she can cope with the fast-changing environment. He/She must also know basic computer skill/technical knowledge and must have a keen attention to detail.

7 0

3 years ago

Read 2 more answers

Cost/benefit analysis is the final equation of risk analysis to assess the relative benefit of a counter-measure against the pot

Vlad1618 [11]

Answer:

True

Explanation:

Risk analysis process implies analyzing potential issues that could negatively impact in the business or critical projects in order to help organizations avoid or mitigate those risks. Involves calculating the probability of something going wrong, and the consequences if it does.

5 0

4 years ago