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koban [17]
3 years ago
14

A company is considering purchasing a machine for $21,000. The machine will generate income from operations of $2,000; annual ne

t cash flows from the machine will be $3,500. The payback period for the new machine is 6 years.a. Trueb. False
Business
1 answer:
Ksenya-84 [330]3 years ago
5 0

Answer:

True

Explanation:

Data provided in the question:

Purchasing cost of the machine = $21,000

Income generated = $2,000

Annual net cash flows from the machine = $3,500

Now,

The Payback period = [ Purchasing cost ] ÷ [ Annual net cash flows ]

or

Payback period = $21,000 ÷  $3,500

or

Payback period = 6 years

Since,

the calculated payback period and the mentioned payback period in the question are equal

Hence,

the given statement is true

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Assume for a perfectly competitive firm, the market price of one box of tissues is $2. What is the marginal revenue when sales i
trapecia [35]

Answer:

The marginal revenue = $2

Explanation:

Firstly we calculate the value in dollars for the number of boxes sold

For 100 boxes, we have 100 * 2 = $200

For 200 boxes, we have 200 * 2 = $400

Mathematically, the marginal revenue = (cost of 200 boxes- cost of 100 boxes)/difference in quantity

= (400-200)/(200-100) = 200/100 = $2

Thus affirms the fact that for a perfectly competitive firm, marginal revenue MR = P (price)

8 0
3 years ago
Rebel Sound Inc. produced 30,000 audio devices last month. Rebel started the month with $10,000 worth of inventory in Finished G
Arada [10]

Answer:

$120,000

Explanation:

Step 1 Prepare a Cost of Manufacturing Schedule

Materials ($50000-$6,000)                              $44,000

Various utility and rent charges on factory       $15,000

Salaries and Wages                                           $60,000

Other Costs(Balancing figure)                           $35,000

Less Work in Process                                       ($24,000)

Cost of Goods Manufactured                           $120,000

Step 2 Prepare a cost of Goods Sold Schedule

Opening  inventory in Finished Goods             $10,000

Add Cost of Goods Manufactured                  $120,000

Less Closing  inventory in Finished Goods      ($5,000)

Cost of Goods Sold                                          $125,000

7 0
3 years ago
Universal Mines Inc. operates three mines in West Virginia. The ore from each mine is separated into two grades before it is shi
xxMikexx [17]

Answer:

this is a cost minimization problem, but it is missing some numbers, so I looked for similar questions (see attached PDF):

minimization equation = 20x₁ + 22x₂ + 18x₃ (costs per ton)

where:

x₁ = mine I

x₂ = mine II

x₃ = mine III

the constraints are:

4x₁ + 6x₂ + x₃ ≥ 54 (high grade ore)

4x₁ + 4x₂ + 6x₃ ≥ 65 (low grade ore)

x₁, x₂, x₃ ≤ 7 (only 7 days per week)  

using solver, the optimal solution is

2x₁, 7x₂, and 5x₃

a. The number of days Mine I should operate = <u>2 days </u>

b. The number of days Mine Il should operate = <u>7 days </u>

c. The number of days Mine III should operate = <u>5 days </u>

d. The total cost of the operation for next week = <u>$284,000</u>

Download pdf
4 0
3 years ago
the federal advisory council of the federal reserve decides of any changes to the money supply are needed/true or false
Licemer1 [7]
True, true, true. (:
7 0
3 years ago
Read 2 more answers
2.
SOVA2 [1]
You did not type a problem so I cannot help.
6 0
3 years ago
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