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Eva8 [605]
3 years ago
6

A recently installed machine earns the company revenue at a continuous rate of

Business
1 answer:
Mars2501 [29]3 years ago
5 0
<span>Answer: R = Pe^(kt) where R = revenue, P is present value, k is interest rate and t is time in years. (60 000 + 45 000+ 75 000)/2 = Pe^(.07*1) 90 000 = Pe^.07 P = 90 000/e^.07 = $83915.44 (60 000 + 45 000+ 75 000)/2 + 75 000(t-1) = 150 000 e^(kt) 90 000 + 75 000t - 75 000 = 150 000e^(.07t) 15 000 + 75 000t = 150 000e^(.07t) 1/10 + 1/2t = e^(.07t) ln(.1 + .5t) = .07t ln(.1+.5t)/t = .07 t = 2.12 years</span>
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The financial statements of the Pharoah Company report net sales of $372000 and accounts receivable of $56400 and $27600 at the
snow_lady [41]

Answer:

the average collection period for accounts receivables is 41.2 days

Explanation:

Average Collection Period measures the amount of time it takes to collect credit from accounts owing.

Average Collection Period = Average Accounts Receivables / (Sales/365)

                                            =(($27600+ $56400)/2) / ( $372000/365)

                                            = $42,000/1019.178082

                                            = 41.20967742

                                            = 41.2 days

                             

8 0
2 years ago
Read 2 more answers
If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of
Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

5 0
2 years ago
On January 1, 2019, Mitchell Company leases equipment from Donelson Corp. for the equipment's entire useful life of six years. D
Margarita [4]

Answer:

d. Credit to lease receivable of $35,259

Explanation:

Date    General Journal                Debit     Credit

           Cash                                 $45,000  

                 Lease receivable                      $35,259

                 ($45000 - $9741)

                Interest expense                       $9,741

                [($239826-$45000)*5%]

7 0
3 years ago
The opportunity cost of being a full-time student at a university instead of working full-time at a job includes all of the foll
Sonbull [250]

Answer:

a.Payment for meals

Explanation:

Opportunity cost is referred to as the next best alternative.

Opportunity cost means the benefits foregone of the non chosen alternative when an alternative is chosen from the available set of options which includes the non chosen option.

For e.g storage of money at home has an opportunity cost in the form of loss of interest had the same money been invested elsewhere apart from assuming the risk of loss of theft.

In the given case, the opportunity cost of being a full time student at a university instead of working full time at a job includes the opportunity cost in the form of income from that full time job in addition to specific expenses incurred for being a full time student such as Payment for tuition, Payment for books.

Thus, payment for meals represents a common cost which would've been incurred anyway irrespective of whether one attends full time college or does a full time job.

4 0
3 years ago
Technician a says that wheel concentricity problems may simulate a tire that is out of balance. technician b says that tire conc
AlekseyPX
<span>In order to assess who is correct the exact nature of the tire needs to be seen in more detail. If the tire has been damaged by driving, a crash or some other method, than Technician B would be correct because the tire would need to repaired. However, if tires is moving funny as a result of a bump or some other impact to it, then it could be that the weights have become mis-aligned and then Technician A would be correct in that re-balancing solves the problem.</span>
7 0
3 years ago
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