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3 years ago

Why is profit necessary for the economy to work effectively? What benefits might consumers gain when a company makes a profit?

1 answer:

8 0

Profit is the whole purpose of starting a business, without profit there could be no real spending which fuels the economy.

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A factory costs $400,000. It will produce an inflow after operating costs of $100 000 in year 1. $ 200,000 in year 2, and $ 300,

Delvig [45]

Answer:

NPV = $62,258.56

Explanation:

initial outlay year 0 = $400,000

cash inflow year 1 = $100,000

cash inflow year 2 = $200,000

cash inflow year 3 = $300,000

discount rate = 12%

using a financial calculator, NPV = $62,258.56

if you do it by hand:

NPV = -$400,000 + $100,000/1.12 + $200,000/1.12² + $300,000/1.12³ = -$400,000 + $89,285.71 + $159,438.78 + $213,534.07 = $62,258.56

3 0

3 years ago

Describe the factors of production required to deliver a service like education

Neporo4naja [7]

<span>You need to service each level of education - primary,secondary,tertiary, and non formal education.You should have a budget.To become a production service worker one may need a bachelor degree along with an internship experience.</span>

5 0

3 years ago

What does rush shipping to boulder, co cost for orders less than $20?.

alex41 [277]

For order less than $20, some establishment offer a $4 rushed production option. Although some other establishment might offer different prices depending on the amount of order.

<h3>What is Rush Shipping?</h3>

Rush shipping or rush orders are purchase of goods that need to be taken care of or sorted out and delivered by a much sooner date. This particular date is not the standard date for the particular goods to be shipped but because of circumstances, they are delivered before the standard arrival due date.

Normally, using a rush shipping order is a special request and because of this the price might vary from the normal prices. They are special orders.

Learn more about Rush Shipping here:

brainly.com/question/24920251

3 0

3 years ago

Prepare the journal entry to record bad debt expense assuming Windsor Company estimates bad debts at (a) 4% of accounts receivab

Hitman42 [59]

Answer:

DR. CR.

(a)

Bad Debt Expense $2,000

Allowance for Doubtful Accounts $2,000

(b)

Bad Debt Expense $5,420

Allowance for Doubtful Accounts $5,420

Explanation:

Allowance for Doubtful Accounts forthe year = Closing Account receivable x Rate of Allowance = $100,000 x 4% = $4,000

Allowance for Doubtful Accounts already has credit balance of $2,000 sot he net value of $2,000 ($4000- $2000) is adjusted in the journal entry.

As the Allowance for Doubtful Accounts already had debit balance of $1,420but we have to make it as $4,000 credit balance because this is the contra asset account which normally has credit balance.

Adjustment amount = $4,000 + $1,420 = $5,420

* The data was missing in the question which is as follow

Duncan Company reports the following financial information before adjustments.

Dr. Cr.

Accounts Receivable $100,000

Allowance for Doubtful Accounts $2,000

Sales Revenue (all on credit) $900,000

Sales Returns and Allowance $50,000

5 0

3 years ago

Aaron is being introduced to his new workplace and coworkers. His boss tells him the names of people and departments, but she sa

Ipatiy [6.2K]

Answer: An Intuitive communication style

Explanation: Those that use the intuitive communication style prefer a more casual, common-sense based approach to communicating ideas. They want to understand the big-picture concepts and aren’t interested in getting too bogged down in the details of the idea. In many ways, intuitive communicators are the opposite of analytical communicators, who prefer to have all of the relevant details on hand when making a decision.

5 0

3 years ago