Answer:
$277.32
Explanation:
The computation of the company charged for break even is shown below:
Particulars Ruiz Wedding Rate Amount
Number of reception guests 73 $0.96 $0.96
Number of tiers on the cake 6 $28.92 $173.52
Number of orders 1 $78.19 $78.19
Number of decoration 1 $24.65 $24.65
Total $277.32
We simply multiplied the ruiz wedding with the rate so that the final amount could come
Answer:
A. True
Explanation:
The Uniform Partnership Act, is an act that exists for the regulation of commercial partnerships of the states of the USA (with the exception of Louisiana).
Therefore, the question is true, as the law stipulates that in a common property, profits and losses must be shared equally and each party must have the right to obtain regular knowledge and receipt of the financial statements that relate to the business.
True
The market system presented in the question relates to a system of capitalism. In capitalism private ownership of resources is used to control, motivate and coordinate economic activity.
Contrast this with a system of socialism or communism, where the state, which represents the collective people, who control the ownership of resources and then use it control and coordinate economic activity.
This contrast between private and public control of the resources is an essential component and critical idea in understanding the difference between free market systems that demand private enterprises be efficient and effective in the production and control of the resource, socialized systems which can limp along for years because of the public's support for their continuance.
They make profits by people going into their banks
$-9.48
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow = (revenue - cost - depreciation) (1 - tax rate) + depreciation
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(400 - 0) / 5 = 80
(200 - 90- 80) x (1 - 0.32) + 80 = $100.40
Cash flow in year 0 = $-400
Cash flow each year from year 1 to 5 = $100.40
I = 9%
NPV = $-9.48
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute