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pav-90 [236]
3 years ago
7

George wants to collect funds to open his own bakery from his family. He needs an accurate estimate of how much money he would r

equire to run the bakery for at least six months. He has to buy a shop (costing $3,500) and buy an oven (costing $600). His start-up costs, including various utility costs, would be $300. He has calculated his monthly expenses as $250. How much money would George require to start his business and run it for at least six months?
A. 

$3500

B. 

$5,900

C. 

$7,200

D. 

$7,400

E. 

$8,200

its not C.7200 tried it​
Business
1 answer:
Alex3 years ago
3 0

Answer:

I am not sure but I think B. is the answer

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Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarte
dlinn [17]

Answer and Explanation:

The Preparation of the sales budget and the computation of the amount of total sales revenue for the year is shown below:-

<u>Sales Budget  For Year 1   </u>

Quarter     Number of   Sale price (B)     Sales Revenue

                 Units (A)                                   (A) × (B)

1                      5,000              $50              $250,000

2                      5,250             $50              $262,500

(5,000 × 105%)

3                     5,513                $50             $275,650

(5,250 × 105%)  

4                   5,789                 $50           $289,450

(5,513 × 105%)

Total                                                        $1,077,600

5 0
4 years ago
Dangerousness had been conceptualized as a ________ variable, while risk assessment is a ________ variable.
DiKsa [7]
Dangerousness had been conceptualized as a dichotomous variable, while risk assessment is a continuous variable. The terms dichotomous and continuous variables are used in logistic regression- statistical method for analyzing datasets. The dichotomous variable has only two possible outcomes (values or categories). The continuous variable on the other hand <span>has an infinite number of possible outcomes (values, categories).</span>
6 0
3 years ago
Suppose the risk-free rate of return is 3.5 percent and the market risk premium is
gladu [14]

Answer:

kaya nyo po iyan

Explanation:

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4 0
3 years ago
You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary
liubo4ka [24]

Answer:

A rational investor would be willing to pay more for DUE than for ORD, so their market prices should differ.

Explanation:

If both annuities pay the same amount ($5,000 per year), then the present value of the annuity due will always be higher than the present value of the ordinary annuity. Therefore, an investor will always be willing to pay more (at equal risk) for the annuity due than the ordinary annuity.

E.g. let say that both annuities carry a 10% interest rate.

The present value of the annuity due is:

PV = $5,000 + [$5,000 x 5.7590 (PV annuity factor, 10%, 9 periods)] = $33,795

The present value of the ordinary annuity is:

PV = $5,000 x 6.1446 (PV annuity factor, 10%, 10 periods) = $30,723

The logic behind this is that $1 today is worth more than $1 tomorrow, and the annuity due's first payment is today, while the ordinary annuity's first payment is in 1 year.

4 0
3 years ago
On December 31, the Income Summary account of Madison Company has a debit balance of $111,000 after revenue of $117,000 and expe
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Answer:

a) See the image attached for the sheet of closing entry

b) New balance = (174000-111000-12000) = 51000

8 0
3 years ago
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