The answer is the still plate, so C.
<u>Solution and Explanation:</u>
<u>The following method will be used
</u>
The total cost of the firm = 10 multiply with 200 = $2,000
The Profit per client = $400
Let x be the no of clients required for break even. At break-even point,
The total profit = The total cost
400x = 2,000, The value of x is to be calculated
We get, x = 2,000 divided by 400 = 5 clients
Hence, secretary should arrange 5 clients to break even.
Answer:
It is a Restrictive Indorsement
Explanation:
Restrictive Indorsement is when an instruction is given on a cheque that restricts its use.
In the case given above, Interstate Trucking is only to be paid if they deliver the lumber by May 1, 2010.
Use of the cheque outside this scenario is not possible.
A common example of this is 'For deposit only'. The customer will not be able to withdraw cash, but must deposit the cheque.
Answer:
$1,453,277.12
$1,899.069.89
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Project A
Cash flow in year 0 = $800,000 - $500,000 = $300,000
Cash flow in year 1 = 0
Cash flow in year 2 =0
Cash flow in year 3 =0
Cash flow in year 4 = 1.5 million
NPV =
Poject B
Cash flow in year 0 = $1.2 MILLION
Cash flow in year 2 =0
Cash flow in year 3 =0
Cash flow in year 4 = -1.1 MILLION
NPV =
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. ... Over time, as our society and economy have changed, government activities within each of these functions have expanded.