Three compartment sinks are used commercially by hotels or restaurants.
Each compartment in the sink is used for separate purpose.
First compartment is used for Washing the dishes, second one is used to rinse the dishes and the third one is used to sanitize the washers' hands.
The activities that are not allowed in these compartment are washing of cleaning clothes, washing of meat or vegetables, hand washing, throwing of wastes etc
All are assumed except <u>A. Total variable costs remain the same over the relevant range.</u>
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Cost-volume-profit analysis examines how changes in cost in volume affect income. Variable costs are ones that go up and down depending on production levels, so it would not make sense to assume that variable costs stayed the same over the relevant range.
A formula helps you understand the problem better!!!
Answer:
PV= $9,355.78
Explanation:
Giving the following information:
If $ 9,000 is invested in a certain business at the start of the year, the investor will receive $ 2,700 at the end of each of the next four years.
Interest rate= 6%.
First, we need to find the final value
FV= {A*[(1+i)^n-1]}/i
A= payment
FV= {2,700*[(1.06^4)-1]}/0.06= 11,811.46
Now, we calculate the present value:
PV= FV/(1+i)^n
PV= 11,811.46/1.06^4= $9,355.78
Answer:
$2000
Explanation:
According to CDC research, each employee who smokes costs his or her organization approximately $2000 per year due to reasons such as;
• Smoke breaks at work which accumulate to reduce the amount of time spent doing productive work.
• Health related issues resulting from smoking that may cost the organization money or cause the employee to be absent from work (research shows that smokers are absent from work more than non smokers.
Therefore, for each smoker who quits smoking, Hanson Manufacturing will gain approximately $2000 in productivity.