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bazaltina [42]
3 years ago
6

Wrangler Western has some of its jeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almo

s’ operating cost is $34,000 per year for years 1 and 2 and then it increases by 6% per year through year 10, what is the year-zero present worth of the machine operating cost at an interest rate of 12% per year? The present worth of the machine operating cost is determined to be $
Business
1 answer:
Novay_Z [31]3 years ago
6 0

Answer:

The present of worth of machine operating cost is $ 228,061.55  

 

Explanation:

In calculating the present worth of the machine operating cost,I grew the cost of $34000 per year from year 3 onwards by 6% , thereafter I discounted the increased machine operating cost with the applicable discount factor in each year as shown in the attached spreadsheet.

Download xlsx
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a college in a metropolitan area wishes to increase its evening offerings of business-related courses such as marketing, account
SSSSS [86.1K]

Answer:

Target markets are management and business students looking forward for employment and full year courses.

Explanation:

  • The target market can be those who are working full time in the day and may also include the small and medium business owners that intend to provide some sort of online cloud computing set up for the college, and
  • It may be the students that want to continue their higher education and pursuing a full degree. These may also include the off-campus students that are interested in doing professional courses.
5 0
4 years ago
What is this form used for? to withdraw money from a savings account to deposit money in a savings account to order checks open
snow_lady [41]

Answer:The answer is passbook

Explanation:

savings Account is the most common form of bank account for the low income earners, The main objective of savings account is to encourage people to form a habit of savings. This type of bank account is operated with the use of passbook and interest is paid to the owners of this account. The amount used in opening a savings account vary from banks to banks, the interest payable on the account to owners of the account also varies from banks to banks.

This account has two maximum number of times in a month that the owners can withdraw money from the account, if withdrawals are more than twice in a month, it means the owners is operating it like current account and will therefore not attract any interest in that month.The interest on this type of account is calculated either monthly,quarterly, or yearly.

7 0
4 years ago
Suppose that the Anytown city government asks private citizens to donate money to support the town's annual holiday lighting dis
Paha777 [63]

Answer:

O resources are currently underallocated to the provision of holiday lighting in Anytown.

Explanation:

Underallocation occurs when there is a failure to meet e set goals or objectives because insufficient resources were assigned to the project. On the other hand overallocation means excess resources are available to carry out a task.

Anytown city government is asking private citizens to make donations towards the annual lighting display. This implies there was underallocation of resources to the lighting display. If there was sufficient funds the private citizens will not be asked to make donations.

8 0
4 years ago
Mr. Greengene grows corn on the land he rents from Lauren, initially at a price of $500 per hectare. Suppose Mr. Greengene devel
Ber [7]

Answer:

a) the cost of production of Greengene's falls by $300 or more

b) there is no change in the cost of production

Explanation:

a)   The leftover principle states that land rent equals the excess of total revenue over nonland costs. Mr. Greengene initial rent is already fixed at $500. The new method of growing cost of corn is now $300 per hectare. Lauren will continue to apply the leftover principle when collecting rent as long as the cost of production of Greengene's falls by $300 or more.

b) If Lauren decides to increase the rent to $800 when there is no change in the cost of production, she stands to lose Mr. Greengene as he will simply look for another land to rent from someone else. Therefore, Greengene's rent will be unchanged if there is no change in the cost of production.

4 0
3 years ago
The income statement and the cash flows from the operating activities section of the statement of cash flows are provided below
Natasha_Volkova [10]

Answer and Explanation:

The preparation of the schedule to reconcile the net income to net cash flow from operating activities is presented below:

Cash from operating activities    

Net income           $24

Adjustment to reconcile    

Add: Depreciation expense         $11.5

Add: Depletion expense         $5.4

Less: Gain on sale of Equipment      -$17.5

Add:  Loss on sale of land         $7.3

Less: increase in account receivable ($292.30 - $228) -$64.30

Add:  increase in accounts payable ($177.60 - $165)   $12.6

Add: increase in salaries payable ($29 - $24)  $5

Add: decrease In prepaid insurance ($18.7 - $14.3) $4.4

Add: Decrease in bond discount ($12.3 - $10.4)  $1.9

Add: increase in income tax payable ($24 - $12.4) $11.60

net cash flow from operating activities  $4.20

The cash outflow represents in a negative sign while the cash inflow represents in a positive sign

6 0
3 years ago
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