Answer:
c. $504,000
Explanation:
Total cost of new equipment = Price of equipment + Shipping & Installation costs = $3,200,000 + $160,000 = $3,360,000
Increase in working capital = Increase in inventories & account receivables - Increase in accounts payable = $640,000 - $256,000 = $384,000
Total Initial net investment outlay = $3,744,000 ($3,360,000+$384,000)
Project terminal cash-flow = Sale value of equipment (after tax) + Recovery of working capital = $200,000*(1-0.40) + $384,000 = $120,000 + $384,000 = $504,000
Answer:
0.4
Explanation:
Given that,
Convenience store advertises 50% off frozen slushies: This means that the price of slushies decreases by 50%.
20% Fewer sales of fountain drinks: This means that the quantity demanded of fountain drink decreases by 20%.
Percentage change in the price of slushies = 50%
Percentage change in the quantity demanded of fountain drink = 20%
Cross price elasticity measures the responsiveness of quantity demanded for one good to any change in the price level of the other good.
Therefore, the cross elasticity between slushies and fountain drinks is as follows:
= Percentage change in the quantity demanded of fountain drink ÷ Percentage change in the price of slushies
= 20 ÷ 50
= 0.4
Therefore, the positive cross price elasticity indicates that these are the substitute goods.
Early accounts of ethnic groups and their cultures and habits came from scientific travelers like George M. Dawson who became director of the Geological Survey of Canada. In his travels in Canada to explore its mineral potential, he encountered many native groups who he described and also wrote of their languages so this is an example of how early travelers laid the foundation for the studies of later anthropologists.
Answer:
rework hope this helps :)
Explanation:
Answer:
d. to make informed decisions about Banks and their financial condition.
Explanation:
Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.
However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.
This means that various groups that have interest in Banks and financial institution are kept abreast of happenings in the financial sector of the economy and are able to know which bank and financial institution is healthy in terms of finances and to know where to invest subsequently.
