Answer:
Instructions are below.
Explanation:
Giving the following information:
Kenton:
Instructors= $6,100
Denton:
Instructors= $305 per student
A) Sellin price= $347
Kenton:
Sales= 347*20= 6,940
Fixed costs= (6,100)
Net operating income= 840
Denton:
Sales= 6,940
Variable costs= 20*305= (6,100)
Net operating income= 840
B) Sellin price= $227
Kenton:
Sales= 227*40= 9,080
Fixed costs= (6,100)
Net operating income= 2,980
C) Sellin price= $227
Denton:
Sales= 9,080
Variable costs= 40*305= (12,200)
Net operating income= (3,120)
D) Sellin price= $347
Kenton:
Sales= 347*13= 4,511
Fixed costs= (6,100)
Net operating income= (1,589)
Denton:
Sales= 4,511
Variable costs= 13*305= (3,965)
Net operating income= 546
Answer:
a) the equilibrium price may rise or fall but the equilibrium quantity will rise for certain.
Explanation:
For the price there are two forces pushing:
one that the increase in caffeinated beverages prices which requires coffee beans as input increases will make possible to pay more for the coffee beans
But also as the production can increase due to the increase in technology it may be cheaper to produce the coffee bean, pushing the price down.
The net effect of this with no more calculaton is uncertain.
What is clear is that because the product which the coffee eans price increases, there will be more demand for themand will ebe possible to meet it as there is also an icnrease in productivity. This makes the quantity of equilibrium clearly going up.
Answer:
Difference = $9773.02
Explanation:
An annuity is a series of cash flows or payments that are of constant amount, occur after equal intervals of time and are for a limited and defined period of time. Thus, the winnings from lottery are an annuity as they pay a fixed amount $11300 every year for 21 years.
The annuity can be of two types namely ordinary annuity and annuity due. In ordinary annuity the cash flows occur at the end of the period and in annuity due, the cash flows occur at the beginning of the period. When we calculate the present value of these cash flows, it is understood that the present value of annuity due is greater than the present value of ordinary annuity.
The formulas for the present value of both ordinary annuity and annuity due are attached.
In the formula, R is the annuity payment or cash flow and i is the relevant interest rate and n is the number of years or periods.
PV of annuity ordinary = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ]
PV of ordinary annuity = $97730.24548 rounded off to $97730.25
PV of annuity due = 11300 * [ (1 - (1+0.1)^-21) / 0.1 ] * (1+0.1)
PV of annuity due = $107503.27
Difference = 107503.27 - 97730.25
Difference = $9773.02
Answer:
<u>a. It can be a source of competitive advantage.</u>
<u>Explanation:</u>
<em>Remember</em>, a diverse workplace is one where you find a diverse range of individuals from different cultures, gender, race, age, sexuality, language, educational background, etc all working together to achieve the goals of the organization.
By having this diversity in the workplace an organization can rightly tap into the wealth of experience of its staff in understanding how to better position their products or services into the market.