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Pie
3 years ago
11

A medical student will complete her residency and go into medical practice in 4 years. She needs to purchase expensive medical e

quipment to start the practice. In order to determine the amount of money that must be invested today to meet this capital need, all of the following are needed except:___________.1. Current cost of medical equipment2. Assumed rate of return3. Expected inflation rate
Business
1 answer:
OverLord2011 [107]3 years ago
6 0

Answer:

3. Expected inflation rate

Explanation:

To determine the amount of money that the medical student must invest today to meet this capital need, she needs to know the current cost of medical equipment to have the the amount she needs to be able to buy the equipment. Also, she has to know the assumed rate of return to determine the amount of interest she will receive as the formula to calculate the money she needs today is:

PV= FV/(1+r)^n, where:

PV= present value

FV= future value

r= rate of return

n= number of periods of time

According to this, the answer is that the option that she doesn't need to find the amount of money that must be invested today to meet this capital need is the expected inflation rate as the formula to calculate the present value considers the amount she will need, the rate of return and the period of time.

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An economist resigns her $100,000/year university teaching position to work fulltime in her own consulting business. In the firs
lilavasa [31]

Answer:

ii. Her accounting profit was $150,000

iii. Her economic profit was $50,000

Explanation:

The computation is shown below:

For accounting profit, it is

= Total revenues - total expenses i.e explicit cost

= $250,000 - $100,000

= $150,000

And, for economic profit

= Total revenues - total cost i.e explicit and implicit cost

= $250,000 - $100,000 - $100,000

= $50,000

Hence, the second and third options are correct

7 0
3 years ago
Using the fifo method what is the cost of goods sold in september
valina [46]

Answer:

1805

Explanation:

Number of units sold in September = 160 units

Using the first - In, First out inventory method : assumes that the oldest (first) inventory items have been sold first.

Inventory items will first be sold from April, the May and so on :

Unit price in April = $11 ; Number of items = 115

($11 * 115) = $1265

(160 - 115) = 45 units

This 45 units will be sold at unit price for May :

(45 * $12) = $540

Cost of goods sold in September :

$1265 + $540 = $1805

3 0
3 years ago
Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intra
madam [21]

Answer:

Learning curve

Explanation:

Reference is made to the time and cost with respect to the fact that the proposed system is about the same size as others. Learning curve theory teaches to identify cost and time in relation to specific jobs

3 0
3 years ago
The economy of Tuland produces only two products oranges and dvds. The following information is available for production and pri
AlladinOne [14]

Answer:

1) Real GDP = Base year price X Current year quantity

Real GDP for 2009 using 2009 as base year = 5 X 100 + 40 X 20 = 500 + 800 = 1300

2) Real GDP for 2009 using 2010 as base year = 5.25 X 100 + 24 X 20 = 525 + 480 = 1005

3) Real GDP for 2010 using 2009 as base year = 5 X 110 + 40 X 30 = 550 + 1200 = 1750

4) Real GDP for 2010 using 2010 as base year = 5.25 X 110 + 24 X 30 = 577.5 + 720 = 1297.5

5) GDP growth rate using 2009 as base year = (Real GDP for 2010 - Real GDP for 2009)/Real GDP for 2009 X 100

= (1750 - 1300)/1300 X 100 = 450/13 = 34.61

6) GDP growth rate using 2010 as base year = (1297.5 - 1005)/1005 X 100 = 29.10

7) Arithmetic average of growth rates = (34.61 + 29.10)/2 = 63.71/2 = 31.85

6 0
2 years ago
Read 2 more answers
Divesting of businesses can accomplish many different objectives, except _______.
Marysya12 [62]

Answer:

(C) dispersing manager focus

Explanation:

Manager focus should be always be.

he analysis and decision about wether to divest or not a division or product line requires the manager focus and the decision taken is done considering all the benefits and downside. Managers understand the cost of a divest and the potential in liberation of company's resouces into other areas or project.

If the manager disper then, they decision won't lead to the better outcome.

3 0
2 years ago
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