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3 years ago

Why are businesses concerned about non renewable resources?

Business

2 answers:

Mars2501 [29]3 years ago

8 0

Because eventually it could run out if not used efficiently

dalvyx [7]3 years ago

6 0

Answer:

Nonrenewable resources are those sources which use is faster than their renovation cycle. It would eventually lead to source extinction. Among common nonrenewable sources, we can identify the oil and natural gas. Businessmen are concerned about nonrenewable sources since there is no scientific method by which those sources can be renewable. The day will come when there will not be more supply of those materials, ending along with it their business days.

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Sheridan Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 113 units at a co

ICE Princess25 [194]

Answer:

Ending inventory is $24,917.

Explanation:

Lower-of-cost-or-net realizable value method implies that whichever is lower between the cost per unit and the net realizable value per unit is used to value the ending inventory of an item.

The ending inventory can therefore be determined as follows:

For Cameras:

Units = 113

Cost per unit = $61

net realizable value per unit = $74

We choose cost per unit since it is lower and we have:

Cameras ending inventory = 113 * $61 = $6,893

For Blu-ray players:

Units = 153

Cost per unit = $77

net realizable value per unit = $50

We choose net realizable value per unit since it is lower and we have:

Blu-ray players ending inventory = 153 * $50 = $7,650

For iPods:

Units = 133

Cost per unit = $86

net realizable value per unit = $78

We choose net realizable value per unit since it is lower and we have:

iPods ending inventory = 133 * $78 = $10,374

Calculation of ending inventory:

Ending inventory = Cameras ending inventory + Blu-ray players ending inventory + iPods ending inventory = $6,893 + $7,650 + $10,374 = $24,917

8 0

2 years ago

tuttle enterprises is considering a project that has the following cash flow and weighted average cost of capital (wacc) data. w

erica [24]

Tuttle enterprises are considering a project that has the following cash flow and the weighted average cost of capital (WACC) data. The projected net present value is 074.36.

A project's net present value is the sum of the destiny values of the net coin flows compounded at the desired fee of going back minus the net funding. if safety gives a series of coin flows with an NPV of $50,000 and an investor will pay exactly $50,000 for it, then the investor's NPV is $0. It method they'll earn something the cut price charge is on the security.

Net present value or NPV is the sum of the prevailing value of coins inflows and outflows. In other phrases, it's far the distinction between the present values of cash inflows and the prevailing value of cash outflows over a while.net gift cost shows how a lot of money an assignment or investment will advantage or lose in terms of the present-day budget. future coins drift would not carefully mirror the current cash drift of an undertaking because of the impact of factors along with inflation and lost compound hobby so NPV adjusts for this reason.

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8 0

1 year ago

A monopolist's maximized rate of economic profits is $2 comma 700 per week. Its weekly output is 900 units, and at this outpu

LuckyWell [14K]

Answer:

Average total cost= $46

Marginal revenue= $33

Explanation:

In this instance the monopolist's total cost is the revenue from sale of one unit less the economic profits per unit

Economic profit per unit= 2,700/900

Economic profit per unit= $3

Average total cost= (Price per unit) - (Economic profit per unit)

Average total cost= 49 - 3= $46

For this instance marginal revenue is equal to marginal cost.

Marginal revenue= Marginal cost= $39

3 0

2 years ago

A university is trying to determine what price to charge for tickets to football games. at a price of $30 per ticket, attendan

sammy [17]

Xmax = -44545.45 / -363.63 = 122.50

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3 0

3 years ago

An increase in government spending by $100 would, if the mpc = 0. 90, result in an increase in real gdp by?

bixtya [17]

The answer is $1000

As Change in real GDP= Change in gov. spending/(1-MPC)

100/(1-0.90)=1000

Gross domestic product is the monetary fee of all finished goods and services made inside a country during a selected duration. GDP affords an economic snapshot of a rustic, used to estimate the scale of a financial system and growth charge. GDP can be calculated in 3 methods, the use of fees, production, or earning.

In economics, the marginal propensity to consume (MPC) is defined as the percentage of a mixture enhance in pay that a consumer spends on the consumption of goods and offerings, instead of saving it.

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5 0

1 year ago