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ale4655 [162]
3 years ago
12

A grocery store manager must decide whether to buy four rug cleaners to rent to customers. The manager estimates that the first

would yield $200 a year, the second $150, the third $75, and the fourth $20. If the interest rate is 12 percent and each rug cleaner costs $500, how many should the manager buy?
Business
1 answer:
aksik [14]3 years ago
7 0

Answer:

It will purchase three.

Explanation:

the return will be:

income / investment

1ST  rug cleaners:    200/500 = 40% return

2 rug cleaners:   150/500 =  30% return

3 rug cleaners:   75/500 = 15% return

4 rug cleaners:  20/500 =  4% return

As the current market rate is 12% if the forth rug cleaner is pruchased it will not turn out profitable.

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The Extroversion-Introversion criterion defines:
bagirrra123 [75]
B). <span> the source and direction of energy expression for a person
I think that is the answer. Not 100% sure though</span>
5 0
3 years ago
Jan sold her house on December 31 and took a $10,000 mortgage as part of the payment. The 10-year mortgage has a 10% nominal int
bixtya [17]

Answer:

a) quota: $ 802.43

b) 500 and then, 484.88 for interest

   302.43 and 317.54

C) total interest: 984.88

D) the interest will decrease and the amortization over time will increase

E) as the loan has a given date. At that date the principal outstanding must be zero therefore, after each payment the principal is reduced making interest decrease as well. This decrease in interest is replaced with an increase in the amortization-

Explanation:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 10,000

time 20

rate 0.05

10000 \div \frac{1-(1+0.05)^{-20} }{0.05} = C\\

C  $ 802.426

Interest on first quota:

10,000 x 0.05 = 500

Amortization on first quota:

802.43 - 500 = 302.43

Interest in second quota:

(10,000 - 302.43) x 0.05 = 484,8785‬

amortization on second quota:

802.42 - 484,88 = 317,54‬

Interest for the year:

500 + 484.88 = 984.88

6 0
3 years ago
The actual cost of direct materials is $ 12.50 per pound. The standard cost per pound is $ 9.00. During the current​ period, 9 c
MArishka [77]

Answer:

$59,400 favorable

Explanation:

The computation of the direct material quantity variance is shown below;

As we know that

Direct material quantity variance is

= Standard Price × (Standard Quantity - Actual Quantity)

= $9 × (16,400 pounds - 9,800 pounds)

= $9 × 6,600 pounds

= $59,400 favorable

The favorable variance indicates that the standard quantity is more than the actual quantity and the same is to be considered

6 0
3 years ago
The use of the lower of cost or net realizable value (LCNRV) method to value inventory for reporting purposes is a departure fro
Wewaii [24]

Question:

The use of the lower of cost or net realizable value (LCNRV) method to value inventory for reporting purposes is a departure from the accounting principle of:

A) Historical cost.

B) Matching.

C) Going concern.

D) Conservatism.  

Answer:

The Right answer is A) Historical Cost.

Explanation:

Inventories are recorded at their cost. If inventory declines in value below its original cost, a major departure from the historical cost principle occurs.

Whatever the reason for a decline-damage, physical deterioration, obsolesce, changes in price levels, or other causes, a company should write down the inventory to Lower-of-Cost or Net Realizable Value (LCNRV) to report this loss.

A company abandons the historical cost principle when the future utility (revenue-producing ability) of the asset drops below its original cost.

Net Realizable Value refers to the net amount that a company expects to realize from the sale of inventory. Specifically, net realizable value is the estimated selling price in the normal course of business minus estimated costs to make a sale.

Example

Inventory  Value - Unfinished                                         $2,000

Less: Estimated Cost of Completion          $  50

Estimated Cost to sell                                    <u>200</u>           <u>     250</u>

<u>Net Realizable Value                                                             750</u>

<u />

Cheers!

8 0
3 years ago
An employer establishes a physical exercise area in the workplace and encourages all employees to use it. This is an example of
padilas [110]

Answer: Primary prevention

Explanation: Primary prevention precedes disease and applies to healthy clients. It is a level of health promotion that is concerned with reducing the incidence and prevalence of diseases. This is achievable because it focuses on preventing the disease before it develops and spreads across the population. Some examples of primary prevention include vaccination, immunization and frequent exercise. The later is what the employer aims to achieve by establishing a physical exercise area in the workplace and encouraging all employees to use it.

3 0
3 years ago
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