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scZoUnD [109]
3 years ago
15

An electrician charges $50 to make a house call and $40 for each hour worked. if you have $200, can you afford a repair that tak

es 4 hours to complete?
Business
1 answer:
Neporo4naja [7]3 years ago
4 0
No, it would cost $210. 
Each hour charges $40. 4 hours alone is $160.
On top of that, calling the electrician is a flat rate of $50. In total, it would cost $210. 

More mathematically, you could set up an equation. 

(Price) = $50 + $40 * (hours) 

Then plug in 4 hours 

price = 50 + 40*4
= 50+160
= 210
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Orb, Inc., does business online around the globe. The United Nations Convention on the Use of Electronic Communications in Inter
likoan [24]

Answer:

D. all of the choices

Explanation:

The UNC on the Use of Electronic Communications in International Contracts and other International agreements improve global commercial certainty by determining an Internet user´s location for legal purposes, by providing for the recognition of judgments by other nations´ courts and also by providing that e-signatures are the equivalent of signatures on paper.

6 0
3 years ago
Steele Corporation has the following information for January, February, and March:
frozen [14]

Answer:

d. $2,000 less

Explanation:

The computation is shown below:

<u>Particulars      January        February             March </u>

Units beg.

inventory              0                 3,000             4,500

Units produced     10,000       10,000           10,000

Units sold             -7,000        -8,500           -10,500

Units ending

inventory               3,000         4,500                  4,000

Now

= $4 × (4,500 - 4,000)

= $2,000

So, here the income arise from absorption costing should be lower than the variable costing as the inventory is reduced  

7 0
3 years ago
Ursus, Inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. A
Nastasia [14]

Answer:

Annual cash flows = $300,000 ($200,000 + $100,000)  

Length = 10 years  

Required rate of return = 12%  

NPV = $695,066.91  

IRR = 27.3%  

Payback period = 1,000,000/300,000 = 3.33 years  

Simple rate of return = $200,000/1,000,000 = 20%

Explanation:

3 0
3 years ago
in contrast, the lincoln company is closely held and, therefore, cannot generate reliable inputs with which to apply the capm me
d1i1m1o1n [39]

Outstanding bonds are currently yielding 8.42%, and the firm’s analysts estimate that the risk premium of its stocks over its bonds is currently 1.48%. as result, lincoln’s cost of internal equity = 9.9

Cost of equity = Bond's yield + risk premium

Internal equity, in its simplest form, refers to how employees in a firm who hold comparable roles or possess comparable skill sets are paid, whether through salaries or other perks associated with the job. Internal equity, then, is about equal pay for equal work.

Stock in the context of finance refers to the shares into which ownership of a corporation or company is divided.

[1] (In particular, the term "stocks" is also used to describe shares in American English.) A single share of stocks represents a portion of the corporation's ownership in relation to the total number of shares.

Learn more about Internal equity here :

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8 0
1 year ago
Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports G
Rom4ik [11]

Answer:

Break even point = $16000000                      

Explanation:

given data

sales mix  for Sporting Goods = 65%

sales mix  for Sports Gear = 35 %

fixed costs = $5920000

contribution margin ratio = 30%

Sports Gear = 50 %

to find out

break-even point

solution

we know that Break even point is

Break even point =  \frac{Fixed costs}{Weighted average contribution margin ratio}    ........................1

here

Weighted average contribution margin ratio  is

Weighted average contribution margin ratio  = Contribution margin ratio × weight    ...........................2

Weighted average contribution margin ratio  = 30 ×  65% + 50 ×  35%

Weighted average contribution margin ratio  = 37%

so from equation 1

Break even point =  \frac{Fixed costs}{Weighted average contribution margin ratio}

Break even point =  \frac{5920000}{0.37}

Break even point = $16000000                      

7 0
3 years ago
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