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I am Lyosha [343]
3 years ago
8

A student bought a used car for $10,000 and resold it one year later for $6,500. insurance, license, and operating costs for the

year were $1,500. what was his economic cost of owning and operating the car for the year if the market rate of interest was 10 percent?
Business
1 answer:
Illusion [34]3 years ago
4 0
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Fairview Community College is a multi-district college with four campuses. Each campus has one president, two vice presidents, f
EastWind [94]

Answer:

The correct answer is b. chain of command

Explanation:

A chain of command is a system of sending information characteristic of organizations with strong, vertical and authoritarian hierarchical structures, such as political-party and military organizations, where orders, rewards and penalties flow from the tip of the pyramid organizational to the base, and where it is expected that only the required information, entrusted activities and tasks flow to the top of it.

7 0
3 years ago
Which is a result of frequent change requests from client?
barxatty [35]

Answer:

D. project completion constraints

Explanation:

project completion constraint can be described as condition that influence the action or set of action that are involved in the completion of the project team, and this result in frequent change requests from client.

These could be time, cost and scope.

Therefore, among the given options, option D is correct.

8 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
Cerrena [4.2K]

Answer:

a. 208.57 units

b. 104.29 units

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{6,000}\times \text{\$29}}{\text{\$8}}}

= 208.57 units

b. And, the average inventory is

= Economic order quantity ÷ 2

= 208.57 units ÷ 2

= 104.29 units

We simply applied the above formulas for calculation of the economic order quantity and the average inventory and the same is shown above

5 0
3 years ago
Using the fixed-order quantity model, which of the following is the total ordering cost of inventory given an annual demand of 3
Gennadij [26K]

Answer:

E) $2,400

Explanation:

optimal order quantity = sqrt{(2*D*S)/H}

                                     = sqrt{(2*36,000*$80)/$4}

                                     = $1,200

number of orders per year = $36,000/$1,200

                                             = $30

total ordering cost = $30*$80

                               = $2,400

Therefore, The total ordering cost of inventory is $2,400.

3 0
2 years ago
Prom Night Formal Wear has the following stockholders' equity accounts at December 31, 2018: Common Stock, $1 par value, 1,900,0
aalyn [17]

Answer:

                             Prom Night Formal Wear

                                      Balance sheet

                             Stockholders' equity section

                                    December 31, 2018

                PARTICULAR                                         AMOUNT

Stockholders equity

Common stock                                                       $1,900,000

Additional Paid-in capital                                       $23,000,000

Total Paid-Up Capital                                            $24,900,000

Retained earning                                                    $16,000,000

Treasury stock                                                         ($1,850,000)

                                                                               <u>                        </u>

Total Stockholder equity                                     <u>  $39,050,000</u>

8 0
3 years ago
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