Answer:
Explanation:
Step 1
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2
Compute the net present value to make decision for buying the new Backhoes or keeping the old
Because the choices of consumers influence producers and the choices of producers also influence consumers, the free-market has a circular flow of influences. The circular flow model represent the monetary transactions in an economy that follows a specific pattern: Production → Income → Expenditure → Production. <span> </span>
Answer:
a. $ 408.16
b. $408.16
c. Higher rate of return
Explanation:
a. Present value of $500 three years from today would be calculate by using the formula P
V = 500 / (1+0.07)^3 = 408.16
b. Jim should pay not more than $408.16 to purchase this payment now.
c. If Jim can purchase this investment for less than the amount calculated in part (a), it means that the rate of return that he will earn is higher than the opportunity cost.
Answer:
Total equivalent unit 1,425 units
Explanation:
<em>Under the first-in -first out system, to account for the units completed in a period, it is assumed that the opening inventory units are first completed and the balance represents the newly introduced.</em>
<em>Fully worked represents unit of inventory started this this period and completed this period</em>
Fully worked = completed units - opening inventory
Fully worked = 1200 -750 = 450 units
Item Units Equivalent Units
Opening WIP 750 750×50% 375
Fully worked 450 450× 100% 450
Closing WIP 800 800× 75% <u> 600</u>
Total equivalent unit <u>1,425</u>
Note the opening inventory has 50% work done last period so the balance of 50% i.e (100 - 50) is completed this period
Options:A) tomato sauce was too bold and competed with Italian products.
B) people did not like to eat at home.
C) Italians perceived its products to be "too American."
D) Italians wanted more toppings on thick crust.
E) Italians did not like anyone else to use the name pizza.
Answer:
C. Italians perceived its products to be "too American."
Explanation:
Cultural influence is a term used to describe the response of a set of persons to a product or group of products. Cultural influence has great impact in the success of certain products or brands in the world.
It is known that the perception of Domino pizza by Italians caused its pull out of the Italian market,Italians believe that the pizza produced by the American company Domino pizza is "too American".
