Answer:
a. $72,000
b. $0.36
c. $6,480
Explanation:
a. Depreciation cost = Cost of truck - Residual value
= $80,000 - $8,000
= $72,000
b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production
= ($80,000 - $8,000) ÷ 200,000 miles
= $72,000 ÷ 200,000 miles
= $0.36
c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate
= 18,000 × $0.36
= $6,480
Answer:
Present Value= $1,772.115
Explanation:
Giving the following information:
You have won the $3 million first prize in the Centennial Lottery.
However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.
We need to use the following formula:
PV= FV/[(1+i)^n]
PV= present value
FV= final value
PV= 3000000/(1.10^78)= $1,772.115
Answer:
Bounded Rationality
Explanation:
To begin with, it is essential to understand the concept of departmentalization.
Departmentalization centers on the idea that departments/divisions within an organization are grouped and/or sectioned, using some identified benchmarks. In extension, Departmentalizing, is simply the acts of engaging in departmentalization.
Bounded rationality, is a phenomenon that states that human reasoning and extension, logic could be threatened by a number of constraints. The constraints here could be human, material and physical resources. The implication is that an individual is not in possession of full details and information that could influence or shape his position.
Hence, by departmentalizing, an organization has placed a constraint on the amount of information accessible to that department, under the bigger context of an organization. Thus, the departments' rationality has been bounded and this could ultimately spiral into poor decision making, principally because of lack of detailed information.
Where v is velocity/speed
f is frequency
and lambda is wavelength
v=(500)(0.5)= 250 m/s
Hope this helps!
Answer: Rarely if ever
Explanation:
In an economy resources are limited while human wants are unlimited. So resources must be used in a way that maximum consumer wants can be met efficiently. In an economy when resources are allocated efficiently it is rarely possible to make some else better off without making someone else worse off. That is it is rarely possible to increase performance of some without sacrificing on some other dimension.
