A utility‐maximizing consumer buys so as to make _______

Ignacio owns a small business that employs 12 full-time workers. He has recently been told by his financial advisor that he woul

enyata [817]

A contingent workforce is more on-demand than standard, full-time employees. Examples of contingent workers are freelancers, contractors, and consultants. These types of workers are hired when needed for shorter term projects and are only employed by the company for the time they are needed to complete their project.

8 0

3 years ago

An automobile tier II supplier has been offered a contract to supply a gearbox to a car company. The initial price of the gearbo

Fudgin [204]

Answer:

:

The contract is worth $1,622,970,237.98

Explanation:

Given

Number of Years = 12

Initial Price = $389

Initial Units = 500,000

Unit Increment = 2%

Price Decrement = $7.5

At Year 0:

$389 * 500,000 = $194,500,000

The Initial price would continue to decrease by $7.5

And the Initial units would continue to increase by 2%.

So,

At Year 1:

($389 - $7.5) * (500,000 * 2% + 500,000)

= $381.5 * 510,000 = $194,565,000

At Year 2:

($381.5 - $7.5) * (510,000 * 2% + 510,000)

= $374 * 520,200 = $194,554,800

At Year 3:

($374 - $7.5) * (520,200 * 2% + 520,200)

= $366.5 * 530,604 = $194,466,366

At Year 4:

$359 * $541,216 = $194,296,5736

At Year 5:

$351.5 * $552,040 = $194,042,2017

At Year 6:

$344 * $563,081 = $193,699,9368

At Year 7:

$336.5 * $574,343 = $193,266,3649

At Year 8:

$329 * $585,830 = $192,737,96810

At Year 9:

$321.5 * $597,546 = $192,111,13011

At Year 10:

$314 * $609,497 = $191,382,12412

At Year 11:

$306.5 * $621,687 = $190,547,113

Calculating present worth of contract (at 6%)

By adding the result of 0.06 * present value at each year.

Net Present Value = $1,622,970,237.98

8 0

3 years ago

Crane Corporation acquires a coal mine at a cost of $404,000. Intangible development costs total $101,000. After extraction has

Svet_ta [14]

Answer:

The journal entry to record depletion is :

Debit : Depletion Expense $74,235

Credit : Accumulated Depletion $74,235

Explanation:

Depletion Expense = Depletion rate × units extracted during the year

where,

Depletion rate = (Cost - Salvage Value) ÷ Estimated total units

Therefore,

Depletion rate = ($404,000 + $101,000 + $80,800 - $161,600) ÷ 4,040 tons

= $ 105 per ton

Therefore,

Depletion Expense = $ 105 per ton × 707 tons

= $74,235

Journal Entry :

Debit : Depletion Expense $74,235

Credit : Accumulated Depletion $74,235

8 0

3 years ago

Thirty years ago, the original owner of Greenacre, a lot contiguous to Blueacre, in fee simple, executed and delivered to his ne

sineoko [7]

Answer: Son's argument should fail

Explanation:

The son's defense will fail because the location of the easement is not governed by reasonableness as it had been established at its current location by the neighbor.

It can not now be changed arbitrarily by the son because the original owner had allowed it to be built. The easement's location is therefore established by actions between the original owner and the neighbor and so it is a binding location.

7 0

3 years ago

An integrity-based approach _____. a. helps very little concerning where questionable practices are occurring and where possible

Roman55 [17]

Answer:

The correct answer is letter "C": usually have chief officers, human resource managers, and board member committees involved with the ethics and compliance program.

Explanation:

The integrity-based approach is the practice in which top executives of a company including members of the Board of Directors (BoD) hold the responsibility of the firm's ethical culture and spread it to their employees. This is done to promote good practices among workers and to spot where might be possible ethical issues appearing in the company.

8 0

3 years ago

A utility‐maximizing consumer buys so as to make ________ for all pairs of goods.