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kondor19780726 [428]
3 years ago
9

From the perspective of the consumer, the factory system meant ________. Group of answer choices cheaper manufactured goods fewe

r choices in manufactured goods acute shortages of many manufactured items lower quality manufactured goods manufactured goods priced beyond the means of many consumers
Business
1 answer:
weeeeeb [17]3 years ago
4 0

Answer: Cheaper manufactured goods.

Explanation:

The factory system is a method of mass production of goods in an industrial way, which uses the line assembly system to manufacture multiple products at a lower cost, and in the least amount of time.

With this production system, the industrial era began in Great Britain, and today is the most widely used method of producing merchandise worldwide due to the low costs involved in the production.

<em>I hope this information can help you.</em>

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Ambrin Corp. expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years. What is the present valu
sineoko [7]

Answer:

A. $19,034

Explanation:

The computation of the present value for 20 years cash flow is shown below:

For the First 10 years

Given that

Payment for first 10 years = $2,000

Discount rate = 11%

Now the present value is

= $2000 ÷ 1.11 + $2,000 ÷ 1.11^2 +...........+ $2,000 ÷1.11^10

= 11,778.46402 ..............(1)

For the Next 10 years

Given that

Payment for next 10 years = 3,500

Discount rate = 11%

Now the present value is

= $3,500 ÷ 1.11 + $3,500 ÷ 1.11^2 +...........+ $3,500 ÷ 1.11^10

= 20,612.312

So, today present value is

= $20,612.312 ÷ 1.1110

= 7,259.339 ...........................(2)

Now

Total present value is

= $7,259.339 + $11,778.46402

= $19,034

3 0
3 years ago
A homeowner paid $85,000 for a house three years ago. The house sells today for $110,000. How much has the property appreciated?
Dima020 [189]

Answer:

Option (a) is correct.

Explanation:

Amount paid for house three years ago = $85,000

Selling price of house today = $110,000

Therefore,

Property appreciated by following percentage:

= (change in value ÷ Amount paid for house three years ago) × 100

= [($110,000 - $85,000) ÷ $85,000] × 100

= ($25,000 ÷ $85,000) × 100

= 0.2941 × 100

= 29.41%

6 0
4 years ago
Corrington Manufacturing Company prepared a fixed budget of 80,000 direct labor hours, with estimated overhead costs of $400,000
Reptile [31]

Answer:

Total Overhead Cost  is  $ 510,000  for 78,000 direct labor hours

Explanation:

Corrington Manufacturing Company

Fixed Budget  80,000 direct labor hours

Variable Overhead  $400,000

Fixed  Overhead $120,000

Flexible Budget 78,000 direct labor hours

Variable Over head = $ 400,000/ 80,000 * 78,000= $ 390,000

Fixed  Overhead $120,000

Total Overhead Cost  is <u> $ 510,000 </u>  for 78,000 direct labor hours

First we divide the variable overhead with the budgeted number of direct labor hours and then multiply it with the flexible labour hours to get the variable overhead at this activity level . The fixed overhead does not change.

8 0
3 years ago
When the United States imports more than it exports, then the balance of payments would record a negative entry in the financial
wel

Answer:

The answer is B a negative entry in the current account.

Explanation:

Balance of payments accounts of a country is the recording economic transactions (the payments and receipts) of the residents of the country with residents of other countries during a period of time.

Balance of Payments is in deficit or negative if imports are more than the exports and it is in surplus or positive if exports are more than imports during a period of time.

We have three categories of Balance of Payments:.

1. The current account which records the inflow and outflow of goods and services.

2. The Financial account which records

monetary flow like investment in real estates, fixed income(bonds), stocks etc.

3. The capital account which records the investments in fixed assets like land.

6 0
3 years ago
Valdez Building Products, Inc., reports that last year it had unlevered net income of $4.1 million, depreciation expenses of $2.
Mamont248 [21]

Answer: $5,600,000

Explanation:

The firm's free cash flow last year will be:

Net Income = $4,100,000.00

Add: Depreciation = $2,400,000.00

Less: Capital Expenditure = $2,000,000.00

Add: Decrease in Net working capital = $1,100,000

Free Cash Flow = $5,600,000

5 0
3 years ago
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