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Dafna1 [17]
3 years ago
6

Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $45 to you. One of you

r close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. He offers you $70 for the bicycle, and you gladly accept. Your friend is also happy because he thinks the bicycle is worth $103 .
Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer: The total value created from the trade is $58

Explanation: The value created by me is $25 as I sold for $70 a bicycle worth $45 to me. That is $70 - $45 = $25.

On the otherhand, my friend created a value/gain of $33. He bought the bicycle for $70 but the worth to him is $103. That is, $103 - $70 = $33

In essence, the total value created will be the summation of the value created by me and that of my friend

That is, $25 + $33 = $58

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Morganti corporation sells a product for $170 per unit. the product's current sales are 41,800 units and its break-even sales ar
ololo11 [35]
To find the margin of safety in dollars, subtract the breakeven sales from the budged or actual sales. 

Current sales are 41,800 units 
Break even point in units is 33,900
Cost per unit is $170

(33,900)($170) = $5,763,000
(41,800)($170) = $7,106,000

The margin of safety in dollars is:
$7,106,000 - $5,763,000 = $1,343,000
3 0
3 years ago
You bought a car for $17,250. You put down $3,000 cash and have to take a loan out to pay for the rest. The car dealership is of
LuckyWell [14K]

Answer:

Interest will be $855 x 10 years= $8,550

Explanation:

Interest

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0.06x14,250=$855

$855x10=$8,550.

How much to have paid back

At the end of 10years $8,550 would have been paid as interest

Total sum will be $14,250+$8,550=$22,800 to be paid back.

8 0
3 years ago
Equipment originally costing $100,000 has accumulated depreciation of $65,000. if it is sold for $40,000, the company should rec
son4ous [18]
Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000

Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)

Good luck!

4 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
lawyer [7]

Answer:

PRODUCT LAYOUT

Explanation:

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7 0
2 years ago
A land title search office has a staff of three, each working eight hours per day (for a total payroll cost of $480/day) and ove
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4 0
3 years ago
Read 2 more answers
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