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Mamont248 [21]
4 years ago
8

Some highways have commuter or express pass lanes. During rush hour lanes on the highway move slowly or often are stop and go, b

ut the express lanes continue to move at a faster pace. Express pass users pay for a transponder and monthly fees to have express lane access even with no other people in their cars. In this example, the drivers who purchase these express passes are probably __________.a. richer than drivers waiting in the longer commute lines on the freeway.
b. more important than drivers waiting in the longer commute lines on the freeway.
c. drivers who value speed and convenience more than those in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.
d. experienced drivers that know that the best way to avoid commuter lines on the freeway is to leave home earlier to get to work.
Business
1 answer:
svp [43]4 years ago
5 0

Answer:

Drivers who value speed and convenice more than hose in the stop and go lanes and are willing to pay additional express pass fees for the option of avoiding traffic jams.

Explanation:

In this scenario the driver's Choi's to buy the express pass expresses their preference for fast and convinient commute. They are willing to pay for access to the express way to get it.

Those that still use the highway and endure the the stop and go traffic value the money they will pay for a pass above the speed and convinience of using the express way.

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A company is considering the purchase of a new machine for $48,000. Management expects that the machine can produce sales of $16
joja [24]

Explanation & answer:

Cash basis, so all monies retain same values over the years.

Let x = payback period in years

Salvage value of machine

= 48000 - 4000x

Sales

= 16000x

Total revenue after x years

R = 16000x

Expenditures over x years

C = Cost of machine + materials + depreciation

= 48000 + 8000x + 4000x

= 48000 + 12000x

For payback

R = C

16000x = 48000 +12000x

Solve for x

x = 48000/4000 = 12 years

By that time, the machine has no more salvage value.

5 0
3 years ago
Why is the profit motive considered an incentive in a market system?
dsp73
Inventive is to make more money because businesses can make more profit where money is expected.
Minimize costs and maximize revenues. .
7 0
3 years ago
Blackmon Brothers law firm used 165 legal pads over the last three weeks (15 days). It takes them three days to get more, and th
jarptica [38.1K]

Answer:

55 legal pads.

Explanation:

The level at which Blackmon Brothers should order more legal pads is the re-order point.

The calculate re-order point, we require

Average daily usage

Delivery lead time

Safety stock is needed.

For Blackmon, Average daily usage will be 165 divided by 15 days

=165/15

=11 legal pads per day.

Lead time is 3 days

Formula for getting the re-order point

= (average daily usage x delivery time) + requires safety stock

For Black man

= (11 x 3)+ (11 x 2)

=33 + 22

=55 legal pads.

They should re-order when they have a balance of 55 legal pads.

4 0
3 years ago
The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Titl
postnew [5]

Answer:

Service Revenue           881,105

Wages Expense           (529,000)

Supplies Expense          (42,000)

Rent Expense                 (59,500)

Utilities Expense               (8,000)

Depreciation Expense  (150,000)

Interest Income            <u>     (5,500)   </u>

Net Income                        87,105

Explanation:

We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.

7 0
3 years ago
Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders?
myrzilka [38]

Answer:

The correct answer is d) Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Option D. represents two situations that perfectly describe the interest that the shareholders pursue: the maximization of the profits of the company where they have their resources invested.

The shareholder, on the other hand, is also an investor, since he contributes capital with a view to obtaining a dividend.

Its investment is said to be in equities, given that there is no contract through which the shareholder will receive fixed fees in return for his investment. Their remuneration is through two ways:

  1. Dividend
  2. Increase in the price of the company. This is produced by its good progress and its ability to generate future benefits, as well as by the increase in assets through past benefits.
5 0
3 years ago
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