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tankabanditka [31]
3 years ago
11

Given the graph below, determine the average cost of utilities for both Orlando, FL and Indianapolis, IN during the 6 month peri

od between April and September. A graph titled Comparison of Utilities has Month on the x-axis and cost of utilities on the y-axis. For Orlando, Florida, April is 288 dollars; May, 310 dollars; June, 325 dollars; July, 294 dollars; August, 293 dollars; September, 343 dollars. For Indianapolis, Indiana, April is 238 dollars; May, 227 dollars; June, 216 dollars; July, 218 dollars; August, 230 dollars; September, 212 dollars How does the average monthly utility bill of Orlando, FL compare with the average monthly utility bill of Indianapolis, IN? a. The average monthly utility bill for Indianapolis, IN is $88.72 more than Orlando, FL. b. The average monthly utility bill for Indianapolis, IN is $85.33 more than Orlando, FL. c. The average monthly utility bill for Orlando, FL is $85.33 more than Indianapolis, IN. d. The average monthly utility bill for Orlando, FL is $88.72 more than Indianapolis, IN.
Business
1 answer:
kirza4 [7]3 years ago
5 0

Answer:

c.

The average monthly utility bill for Orlando, FL is $85.33 more than Indianapolis, IN.

Explanation:

Just did the practice on there for Home Ownership

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Yakov lives in San Diego and runs a business that sells boats. In an average year, he receives $704,000 from selling boats. Of t
Stolb23 [73]

Answer:

Yakov's explicit costs are the monetary costs that he pays while running his business:

Payment to manufacturer: $404,000

Wages and utility bills: $286,000

Total explicit costs: $690,000

Yakov's implicit costs are his opportunity costs, in other words, the things he gives up in order to run his business:

Rent he would get for his showroom: $3,000

Wage he would get as an accountant: $20,000

Total implicit costs: $23,000

Yakov's accounting profit is equal to revenue minus total explicit costs:

Accounting profit = $704,000 - $690,000

                             = $14,000

Yakov's economic profit is equal to revenue minus total costs (the sum of implic costs and explicit costs)

Economic profit = $704,000 - $713,000

                          = ($9,000)

Despite the fact that Yakov is not earning an economic profit selling boats, as an accountant, he would give up on the $704,000 that he is been making from selling boats. For that reason, he should keep the boat selling business.

7 0
3 years ago
is the sum of all the values that customers exchange for the benefits of having or using a product or service.
snow_tiger [21]

Price. It is the sum of all values that buyers exchange for the benefits of having or using a good or service. can be defined very narrowly as the amount of money charged for a product or a service. However, the price is really more than that.

3 0
3 years ago
Read 2 more answers
Look in a recent issue of The Wall Street Journal at "NYSE-Composite Transactions."a. What is the latest price of IBM stock? b.
nydimaria [60]

Answer:

A) $191.08

B)  The annual dividend = $0.85 per share

     dividend yield = 1.78%

C) 3.14%

D) 13.74

E) $13.91

F) IBM's P/E  at 13.74 is higher than Exxon Mobil P/E at 11.29

G) The possible reasons for the difference in P/E is due to the difference in EPS earned by each company and also the difference in stock price of each company's stock

Explanation:

Referring the the recent issue of the wall street Journal at NYSE-Composite Transactions

A) The Latest price of IBM stock = $191.08

B)  What are the annual dividend payment and the dividend yield on IBM stock

The annual dividend = $0.85 per share

dividend yield = 1.78%

C) calculate what the yield will become if yearly dividend is moved up to $1.50

first we find the price per share

price per share = annual dividend per share / current dividend yield

                         = 0.85 / 1.78%  = 0.85 / 0.0178 = $47.75

since we now have the price per share value we can now calculate the dividend yield

dividend yield = annual dividend / price per share

                       = $1.50 / $47.75 =  0.0314

                       = 3.14 %

D) Calculate the P/E on IBM stock

 = 13.74 times as it was traded for the last 12 months

E) calculate IBM's earnings per share using P/E

 earnings per share = Price / P/E

 Latest  price of IBM stock = $191.08

  P/E = 13.74

 earnings per share =  191.08 / 13.74  = $13.91

F) IBM's P/E  at 13.74 is higher than Exxon Mobil P/E at 11.29

G) The possible reasons for the difference in P/E is due to the difference in EPS earned by each company and also the difference in stock price of each company's stock

7 0
3 years ago
Jeanie acquires an apartment building in 2008 for $280,000 and sells it for $480,000 in 2019. At the time of sale there is $60,0
Evgen [1.6K]

Answer:

$60,000

Explanation:

According to section 1250 of the Internal Revenue Service, the depreciation previously allowed as a deduction would now be taxed in the case of ordinary income at the highest tax level.

And,  For this, the asset should be depreciated real property.

In the question, there is depreciation charged for apartment building so the same is eligible

The eligibility is allowed up to $60,000 and the same is to be considered

8 0
3 years ago
Statement of cash flows
likoan [24]

Answer:

a.

Palmetto Statement of Cashflows      

<u>For the Year Ended December 31, 2013 </u>    

   

Cashflow from Operating Activities    

Net Cashflow from Operaing Activities     $15,600

   

Cashflow from Investing Activities    

Net Cashflow from Investing Activities     ($23,000)

   

Cashflow from Financing Activities    

Net Cashflow from Financing Activities     ($4,500)

   

Net Increase (Decrease)    <u>($11,900)</u>

   

Add: Beginning of Period Cash balance    $32,000

   

Ending Cash Balance    <u>$20,100</u>

b. Operating Cash flow relates to the normal business operations of the business. A Net Cash Inflow from this therefore means that the business made a profit from its normal operations of selling fast food during 2013.

c. Investing Activities relate to transaction involving Fixed Assets as well as the stocks and bonds of other companies. The Net Cash flow was probably caused by Palmetto buying more Fixed Assets than they disposed of in the year 2013.

d. Financing activities relate to how the business is financed in terms of Equity and debt. The payments of Dividends therefore fall under here as they relate to Equity. A net cash outflow here therefore probably means that Palmetto paid out dividends to shareholders. They might have also repaid some loans but judging by how small the outflow is, the loans were either small or it was only dividends that were paid out.

4 0
3 years ago
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