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4 years ago

How should you make a difficult purchasing decision

1 answer:

5 0

I'm not sure whether you have any options since you didn't write any, but I will try to help you nevertheless.
First off, you should think about whether you truly need that very expensive thing. If you can manage without it, and want it only to prove something, the chances are you don't really need to have it.
Secondly, you should see whether you can afford it - if you can buy something that expensive and not feel sorry about it (and can pay your bills and food and everything without a problem), then you may buy it and be happy about your purchase.
Hope this helps!

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Lang Warehouses borrowed $131,300 from a bank and signed a note requiring 9 annual payments of $15,328 beginning one year from t

KengaRu [80]

Answer:

The interest rate implicit in this agreement is 1%

Explanation:

Present Value = $131,300

n = 9

i = ?

Annuity Payment = $15,328

Use the following formula to calculate the interest rate

PV of Annuity payment = Annuity Payment x ( 1 - ( 1 + r )^-n / r

$131,300 = $15,328 x ( 1 - ( 1 + r )^-9 / r

$131,300 / $15,328 = ( 1 - ( 1 + r )^-9 / r

8.5660 = ( 1 - ( 1 + r )^-9 / r

using Annuity Table the 8.5662 annuity factor for 9 payments shows under 1% interest rate.

So, the answer is 1%

7 0

3 years ago

Amos Rubber company manufactures tires. They reported the following information from their operations last period: Cost of Direc

Hunter-Best [27]

Answer:

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

Explanation:

Units costs under variable costing include only the variable manufacturing costs.

Manufacturing Costs - Variable Costing

Direct Materials used in production: $35,000

Cost of Direct Labor wages: $40,000

Variable Manufacturing Overhead: $30,000

Total Costs $105,000

Unit Cost = $105,000/ 50,000

= $2.10

Units costs under absorption costing include both the variable manufacturing costs and fixed manufacturing costs.

Manufacturing Costs - Absorption Costing

Direct Materials used in production: $35,000

Cost of Direct Labor wages: $40,000

Variable Manufacturing Overhead: $30,000

Fixed Manufacturing Overhead: $75,000

Total Costs $180,000

Unit Cost = $180,000/ 50,000

= $3.60

Difference :

Unit Cost - Absorption Costing $3.60

Less Unit Cost - Variable Costing $2.10

Difference $1.50

Conclusion :

The per-unit cost under absorption costing is greater than the variable per-unit cost by $1.50.

5 0

4 years ago

A convenience store owner is contemplating putting a large neon sign over his store. It would cost $50,000, but is expected to

Radda [10]

Answer: No, since the value of the cash flows over the first two years are less than the initial investment

Explanation:

value of cash flows for the first two years = $48,000 (24,000x2)

Initial Investment = $50000

Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.

4 0

3 years ago

Basile [38]

Answer:

Explanation:

Based on my experience, I can say that in regards to the information provided within the question the element that is being addressed is Facility location and layout. This is the case because since they want to expand to all the major airports they are looking for facility locations and will need to customize each layout of the facilities to match the airport requirements.

If you have any more questions feel free to ask away at Brainly.

4 0

4 years ago

Before contacting the news or print media about your business, what must you come up with first ?

Talja [164]

Answer:

Explanation:

A good story angle attracts attention

6 0

3 years ago

Read 2 more answers