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tangare [24]
3 years ago
9

Suppose a firm has the following expenditures per day: $240 for wages, $150 for materials, and $80 for equipment rental. The own

er of the firm owns the building in which it operates. If the firm were not operating in the building, he could rent the building for $70 per day. Total daily revenue is $600.
Business
1 answer:
mamaluj [8]3 years ago
6 0

Answer: This question is incomplete, so in order to answer it, we must first complete the question. What we are looking for is the daily explicit costs made by the firm in the question above.

The total daily explicit cost is $470.

Explanation:

Explicit costs are the costs that are incurred by a firm in the course of running a business. This simply means the payments that a firm makes to others during a production cycle. These costs include wages, rent, purchase if materials, utilities, and anything that the firm must make payments for.

In the question above, we can list out the costs incurred by the firm as follows:

Wages ---------------- $240

Materials ------------- $150

Equipment rental -- $80

Total explicit costs incurred is therefore,

240+150+80

= $470.

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Dunay Corporation is considering investing $750,000 in a project. The life of the project would be 11 years. The project would r
photoshop1234 [79]

Answer:

The Net Present Value is - $20324

Explanation:    

We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.

We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000

CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)

CF 1 160 inflow

CF 2 160 inflow

CF 3 160 inflow

CF 4 160 inflow

CF 5 160 inflow

CF 6 160 inflow

CF 7 160 inflow

CF 8 160 inflow

CF 9 160 inflow

CF 10 160 inflow

CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220

We now use our financial calculator and input these amounts into the calculator.

We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.

We get an answer of -20,32400407

We now need to put the amount into thousands. Thus = -20324,004

rounded to the nearest dollar we get - $ 20324

7 0
3 years ago
For 2015, Bakers Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $3.00 per u
Vlad1618 [11]

Answer:

The profit margin earned if each unit requires two machine-hours is 25%

Explanation:

For computing the profit margin, first, we have to compute the estimated overhead rate per unit which is shown below:

Estimated Overhead rate = (Estimated manufacturing overhead costs) ÷ (estimated machine hours)

= ($240,000) ÷ (40,000 machine hours)

= $6

Now the profit per margin would equal to

= Selling price per unit - direct cost per unit - overhead cost per unit × number of required machine hours

= $20 - $3 - $6 × 2

= $5

Now the profit margin would equal to

= (Profit per unit) ÷ (selling price per unit) × 00

= ($5 ÷ $20) × 100

= 25%

4 0
3 years ago
what are checkable deposits? multiple choice question. claims that depositors have against the assets of the bank claims that th
aliina [53]

Checkable deposit claims that depositors have against the assets of the bank. Thus, option 'A' is the correct option.

<h3>What are Checkable Deposits?</h3>

Any demand deposit account for which checks or drafts of any sort may be drawn is referred to as having checkable deposits in the technical sense. (The owner of a demand deposit account has the right to immediately, notice fewer withdrawals of funds.) The most liquid accounts available to consumers are checkable deposit accounts.

They also include any sort of negotiable draft, such as a Super NOW account or a negotiable order of withdrawal (NOW). (Withdrawing funds from NOW accounts may be subject to a seven-day written notification requirement, however, this is seldom necessary.)

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7 0
1 year ago
10 points...........​
dedylja [7]

Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation:

Assets
=
Liabilities
+
Equity

​
Assets=Liabilities+Equity
​


With a double entry system, credits are offset by debits in a general ledger or T-account.

So debit is the answer
7 0
3 years ago
Read 2 more answers
What elements of the marketplace in which megatech operates led the firm to believe that project management would improve its op
Mariana [72]

   International competitors suddenly appear in greater numbers as a result of the mentioned changes in trade agreements, Megatech now needs to contend with more and new competitors.

<h3>In terms of the marketplace there are three primary types of companies?</h3>

There are three main categories of businesses in the market

international businesses, multinational businesses, and transnational businesses.

International businesses only import and export; they do not have any investments abroad.

        Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.

Organizationally, multinational corporations are far more complex. It is a commercial enterprise that runs big facilities, conducts business internationally, and does not identify with any particular nation as its national home. A multinational company's ability to maintain a higher level of responsiveness to the local market is one of its key advantages.

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3 0
2 years ago
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