Sherrie wants to put the original money in an account with a higher interest rate. Explain which method will result in more money.
Answer: In this case I would say that both Sherrie and Harrison are good methods that will result in more money. As to find out which idea would make the most bang for the buck we would need actual data like interest rates.
I hope it helps, Regards.
Answer:
Manson Industries
The total cost savings that Manson will realize by buying the assembly part instead of making it is:
($14,700), showing that more costs will be incurred.
Explanation:
a) Data and Calculations:
Make Buy
Variable cost per unit $5 $6
Fixed cost per unit 2 2
Total cost per unit $7 $8
Total units required 14,700 14,700
Total costs $102,900 $117,600
Cost saving = ($14,700)
b) Based on the above calculations, it benefits Manson more to produce the part internally than to buy from an outside supplier. There is a cost difference of $1 because the fixed costs will still be incurred whatever decision is taken.
Answer:
E. Profit motive
Explanation:
Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.
This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.
Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.
In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Thus, this is an example of profit motive.
<h2>Given:-</h2>
- Initial velocity ,u = 0m/s
<h3>To Find:-</h3>
- Distance travel by the boat ,s
<h3 /><h3>Solution:-</h3>
We have to calculate the distance covered by the boat in given time interval. Using 2nd equation of motion
<h3>s = ut + 1/2at²</h3><h3 />
where,
v is the final velocity
a is the acceleration
u is the initial velocity
t is the time taken
s is the distance covered
Substitute the value we get
:⟹ s = 0×8 + 1/2×3 × 8²
:⟹ s = 0 + 1/2 × 3 × 64
:⟹ s = 3/2 × 64
:⟹ s = 3 × 32
:⟹ s = 96 m
Hence, the distance covered by the steam boat is 96 metres.
