Why are savings tools ideal for storing emergency savings? identify at least two reasons. (2 points?

A construction company entered into a fixed-price contract to build an office building for $28 million. Construction costs incur

Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

4 0

3 years ago

All of the following are conducive to economic growth except

zysi [14]

Answer:

B. an unfavorable balance of trade and payments

Explanation:

The BOP or the balance of trade is defined as the net gains or net exports that make the balance of payments and is said to be favorable when the country export more and imports less and is a positive change.

It is said to be negative when the country imports more and exports less thus unfavorable in terms of the trade and payments.

<u>Hence it means that the country has a deficit and this can impact the services and is not good for the economic growth perspective.</u>

6 0

3 years ago

The city of Ashkelon, on the eastern end of the Mediterranean Sea, is one of the major cities of the Philistines. A powerful mer

katrin2010 [14]

Answer:

African Route costs = -75,000, period 1 revenues = 215,000

Greek Route costs = -50,000, period 2 revenues = 140,000

Sumerian Route costs = -125,000, period 3 revenues = 385,000

discount rate = 5%

a) African route:

NPV = -75,000 + 215,000/1.05 = 129,762

B/C ratio = 215/75 = 2.87

Payback = 1 period

IRR = 187%

Greek route:

NPV = -50,000 + 140,000/1.05² = 76,984

B/C ratio = 140/50 = 2.8

Payback = 2 periods

IRR = 67%

Sumerian route

NPV = -125,000 + 385,000/1.05³ = 332,577

B/C ratio = 385/125 = 3.08

Payback = 3 periods

IRR = 45%

b) rank according to:

NPV = Sumerian route, African route, Greek route

B/C ratio = Sumerian route, African route, Greek route

Payback = African route, Greek route, Sumerian route

IRR = African route, Greek route, Sumerian route

c) if the family had unlimited resources, they should invest in the 3 routes since all their NPVs are positive.

d) African and Greek routes since they yield the highest gains (IRR).

8 0

3 years ago

Dia is a computer engineer in a small company. She notices that the company does not have its own website and realizes that the

rodikova [14]

Answer:

The answer is incubation process of creativity

Explanation:

This example shows an individual in the stage of the creative process called incubation. Because it is related to her intuition and insights about what she knows and intents to her presentation.

8 0

3 years ago

The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a

ira [324]

Answer:

The classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

4 0

1 year ago