1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jekas [21]
3 years ago
9

A company rented a copier for $600 per month. Five years later, an accountant calculated that if the company had purchased the c

opier and paid a $100 monthly maintenance charge, the company would have saved $700. What was the purchase price of the copier
Business
1 answer:
gavmur [86]3 years ago
6 0

Answer:

C) $29,300

Explanation:

to determine the answer we need to solve the following equation:

60 installments (C + $100) + $700 = 60 installments x $600  

60C + $6,000 + $700 = $36,000  

60C + $6,700 = $36,000

60C = $29,300

C = $29,300 / 60 = $488.33 per month during 5 years

You might be interested in
What item should you look for when adjusting your check register?
Varvara68 [4.7K]

Answer:

The payment and the Deposit

Explanation:

The check register is adjusted using the item: payment and the Deposit and from the point of view of the bank statement the item is the withdrawal and deposit.

8 0
3 years ago
Read 2 more answers
4. Dairy Co. sells raw cream directly to the public. Maxwell gets sick after consuming some of Fairy Co.’s raw cream. Maxwell su
Len [333]

Answer:

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

Explanation:

Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.

A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.

Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.

5 0
4 years ago
Bilateral and multilateral agreements around the world as well as the achievements of the World Trade Organization will help the
Orlov [11]

Answer:

overcome the challenge of deciding about further enlargement

Explanation:

The World Trade Organization main goal is to eliminate both tariff and non-tarrif barriers in world trade. It has 164 members states, and has been largely successful in this goal.

These achievements, as well as the achievements of other multilateral trade agreements help the European Union overcome debates about further enlargement and integration because not only do they lay the foundation for future economic integration, but also they represent empirical evidence that proves that economic integration is largely benefitial to signing countries.

5 0
4 years ago
Throughout​ history, strong leaders have been described by their traits. Trait theories of leadership focus on personal qualit
kotegsom [21]

Answer:

Agreeableness and emotional stability show strong relationships to leadership

Organizations need strong leadership and strong management for optimal effectiveness. We need leaders to challenge the status​ quo, create visions of the​ future, and inspire organizational members to achieve the visions. We also need nonleaders to formulate detailed​ plans, create efficient organizational​ structures, and oversee​ day-to-day operations.

Explanation:

Throughout history, strong leadersâ€â€Buddha, Napoleon, Mao, Churchill, Roosevelt, Reaganâ€â€have been described in terms of their traits. Trait theories of leadership thus focus on personal qualities and characteristics. We recognize leaders like South Africa’s Nelson Mandela, Virgin Group CEO Richard Branson, Apple co-founder Steve Jobs, and American Express chairman Ken Chenault as charismatic, enthusiastic, and courageous. The search for personality, social, physical, or intellectual attributes that differentiate leaders from nonleaders goes back to the earliest stages of leadership research. Early research efforts at isolating leadership traits resulted in a number of dead ends. A review in the late 1960s of 20 different studies identified nearly 80 leadership traits, but only 5 were common to 4 or more of the investigations.3 By the 1990s, after numerous studies and analyses, about the best we could say was that most leaders â€Å"are not like other people,†but the particular traits that characterized them varied a great deal from review to review.4 It was a pretty confusing state of affairs. A breakthrough, of sorts, came when researchers began organizing traits around the Big Five personality framework (see Chapter 5).5 Most of the dozens of traits in various leadership reviews fit under one of the Big Five (ambition and energy are part of extraversion, for instance), giving strong support to traits as predictors of leadership. The personal qualities and characteristics of Richard Branson, chairman of Virgin Group, make him a great leader. Branson is described as fun-loving, sensitive to the needs of others, hard working, innovative, charismatic, enthusiastic, energetic, decisive, and risk taking. These traits helped the British entrepreneur build one of the most recognized and respected brands in the world for products and services in the business areas of travel, entertainment, and lifestyle. Jason Kempin/FilmMagic/Getty Images, Inc. A comprehensive review of the leadership literature, when organized around the Big Five, has found extraversion to be the most important trait of effective leaders6 but more strongly related to leader emergence than to leader effectiveness. Sociable and dominant people are more likely to assert themselves in group situations, but leaders need to make sure they’re not too assertiveâ€â€one study found leaders who scored very high on assertiveness were less effective than those who were moderately high.7 Unlike agreeableness and emotional stability, conscientiousness and openness to experience also showed strong relationships to leadership, though not quite as strong as extraversion. Overall, the trait approach does have something to offer. Leaders who like being around people and are able to assert themselves (extraverted), disciplined and able to keep commitments they make (conscientious), and creative and flexible (open) do have an apparent advantage when it comes to leadership, suggesting good leaders do have key traits in common. One reason is that conscientiousness and extraversion are positively related to leaders’ self-efficacy, which explained most of the variance in subordinates’ ratings of leader performance.8 People are more likely to follow someone who is confident she’s going in the right direction. Another trait that may indicate effective leadership is emotional intelligence (EI), discussed in Chapter 4. Advocates of EI argue that without it, a person can have outstanding training, a highly analytical mind, a compelling vision, and an endless supply of terrific ideas but still not make a great leader. This may be especially true as individuals move up in an organization

3 0
3 years ago
If C(x) is the cost of producing x units of a commodity, then the average cost per unit is c(x) = C(x)/x. Consider the cost func
ANTONII [103]

Answer:

Following are the solution to the question:

Explanation:

Calculating the total cost:

C(x) = 2,000 + 140x + \frac{4x^3}{2}

Calculating the marginal cost:

M(x) = C'(x) = 140 + 6 \times \frac{1}{2}

Calculating the average cost:

A( x ) =\frac{ C( x )}{x} = 2,000x-1 + 140 + 4\times \frac{1}{2}

Calculating the marginal average cost:

m( x ) = A'( x ) = -2,000x-2 + 2x-\frac{1}{2}

In point  (a)

C( 1,000 )

              = 2,000 + 140( 1,000 ) + 4( 1,000)^{\frac{3}{2}}\\\\=  \$ \ 268,491.106  \\\\ = \$ \ 268,491.11

In point(b)

A( 1,000 )

               = 2,000( 1,000 )-1 + 140 + 4( 1,000 )^{\frac{1 }{2}}\\\\= \frac{\$ \ 268.491106} {unit}\\\\= \frac{\$ \ 268.49}{ unit}

In point (c)

M( 1,000)

              = 140 + 6( 1,000 )^{\frac{1}{2}}\\\\= \frac{\$ \ 329.73666}{unit}\\\\= \frac{ \$ \  329.74}{ unit}

In point (d)  

Calculating the average cost:

A'( x ) = m( x ) = -2,000x-2 + 2x- \frac{1}{2}\\\\A'( x ) = 0 = -2,000x-2 + 2x-\frac{1}{2}= 0\\\\multiply \ by \ 2\\\\\to -2,000 + 2 \times \frac{x^3}{2}= 0 \\\\\to 2\times \frac{x^3}{2} = 2,000 \\\\\to \frac{x^3}{2} = \frac{2,000}{2} \\\\ \to \frac{x^3}{2}= 1,000 \\\\\to x = ( 1,000 )^{\frac{2}{3}}\\\\ \to  100 \ units

In point (e)

A( 100 )

            = 2,000( 100 )-1 + 140 + 4( 100 )^{\frac{1}{2}}\\\\= \frac{ \$ \ 200}{unit}

6 0
3 years ago
Other questions:
  • Preliminary reading of _______ can help you understand the scope of an assigned topic, as well as discover a range of manageable
    7·1 answer
  • When asked about those people who say his Sriracha sauce is too spicy, David Tran jokingly suggests the "use less" of the produc
    13·2 answers
  • What general conclusions can be drawn about Eli’s situation? Check all that apply.
    12·2 answers
  • Most economic models: A. are useless because they use too many simplifying assumptions. B. assume that people are reluctant to l
    15·1 answer
  • The physical production possibilities frontier depicts the various combinations of output that society can produce given:_____.
    12·1 answer
  • Tubby Toys estimates that its new line of rubber ducks will generate sales of $7.20 million, operating costs of $4.20 million, a
    15·1 answer
  • The Griffins own a mountain cabin that is used for both personal and rental purposes. In the current year, the Griffins rented t
    6·1 answer
  • A group of management consultants is studying OGSI Manufacturing and its team management strategy. Once Pete Jazoni's work group
    5·1 answer
  • In one city, Biggies', a competing retail outlet, opens a store across the street from a Sam-Mart. A battle for business ensues.
    7·1 answer
  • In the context of the strategies for reaching global markets, a(n) _____ is a firm that is offered the right to produce and mark
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!